Comments on: The Value of Money: It’s Much More Than You Think

By: One Frugal Girl

One Frugal Girl — Tue, 29 Sep 2020 19:57:45 +0000

In reply to Max. That's so true. The real question is what does the $60,000 car buy you that the $40,000 car does not. Most of us will be just as happy riding in either. We tell ourselves we need more, but in reality we need less. The more I get rid of things and downsize my life the more I come to appreciate the things I do own.

By: Max

Max — Wed, 23 Sep 2020 22:29:35 +0000

I agree, one thing that people totally forget and overlook is that once you spend money ITS GONE. It never comes back, you will be eternally without that money that could have been invested in a mutual fund or index fund and could have been 10x (or more) 20 years from now. It is really important to think about that. Next time you are choosing between a 40k car and a 60k car remember that that 20k could be 100k in 20 years. Sometimes its insanely smart to delay purchases or settle for a slightly lesser option so that down the line you have much more financial resources.

By: One Frugal Girl

One Frugal Girl — Fri, 24 Jul 2020 02:58:49 +0000

In reply to She's FIRE'd. That makes 2 of us!

By: She's FIRE'd

She's FIRE'd — Thu, 23 Jul 2020 13:42:38 +0000

In reply to One Frugal Girl. It helps that I hate to shop and I'm TERRIBLE at decorating.

By: One Frugal Girl

One Frugal Girl — Wed, 22 Jul 2020 18:59:08 +0000

In reply to She's FIRE'd. This comment made me sigh a little. Like you I was always a saver, but I still wasted money along the way. I wish I would've learned to focus on the things I really cared about rather than stuff I didn't. I wish I could take back the days I spent walking through HomeGoods looking for the perfect lamp, when I could've been out enjoying the weather. It's not an either/or type world. We can certainly shop and enjoy the rest of our lives, but as a consumer driven society it took me a little too long to recognize that fact.

By: She's FIRE'd

She's FIRE'd — Mon, 20 Jul 2020 22:40:03 +0000

I agree completely. I didn’t start out wanting to retire early, I started out as a great saver because I liked watching my stash grow and I loved the feeling that if I really needed something, I’d have enough money to cover the emergency. I have always had this secret fear of being helpless and having a big emergency fund made me sleep better. Friends have long teased me about being cheap, but the truth is, I wanted “safe” more than I wanted stuff.
Now that I only work part time I can tell you that not being in a hurry all the time, and more time with my family is much better than new shoes I didn’t need anyway.