Comments on: Why Frugality is an Important Part of Personal Finance http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/ Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more. Sat, 18 May 2013 03:26:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Joe http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-163962 Joe Tue, 20 Jan 2009 05:33:29 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-163962 I was a subscriber to the Tightwad Gazette back in the day... still have a pile of them in the garage. It was always inspiring what Amy said and did. She retired. Leave her be. ---Joe I was a subscriber to the Tightwad Gazette back in the day… still have a pile of them in the garage.

It was always inspiring what Amy said and did.

She retired. Leave her be.

—Joe

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]]> By: La BellaDonna http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-163190 La BellaDonna Tue, 13 Jan 2009 20:23:21 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-163190 Dave: Mostly what I learned from the Duggars is that if people want to work the system, they will, and the best free childcare is by having the older girls take care of the younger children. Those girls have no lives of their own; they're busy mothering their siblings while their mother spawns. And this has NOTHING to do with their being Christian; I'd find it abhorrent <i>whatever</i> their religion. Dave: Mostly what I learned from the Duggars is that if people want to work the system, they will, and the best free childcare is by having the older girls take care of the younger children. Those girls have no lives of their own; they’re busy mothering their siblings while their mother spawns.

And this has NOTHING to do with their being Christian; I’d find it abhorrent whatever their religion.

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]]> By: La BellaDonna http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-163189 La BellaDonna Tue, 13 Jan 2009 20:16:00 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-163189 I googled and found a 2008 interview with her on line (and quite a few relatively recent references, actually): http://www.thesimpledollar.com/2008/05/14/an-interview-with-amy-dacyczyn-the-author-of-the-tightwad-gazette/ Apparently, she stopped writing the Tightwad Gazette because she felt she said all she had to on the subject. She's still thrifty, still living in Maine with her husband. She IS getting more calls these days than she's gotten in years, however. I googled and found a 2008 interview with her on line (and quite a few relatively recent references, actually):

http://www.thesimpledollar.com/2008/05/14/an-interview-with-amy-dacyczyn-the-author-of-the-tightwad-gazette/

Apparently, she stopped writing the Tightwad Gazette because she felt she said all she had to on the subject. She’s still thrifty, still living in Maine with her husband. She IS getting more calls these days than she’s gotten in years, however.

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]]> By: Hustle and Patience: What It Takes to Succeed in 2009 ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-163125 Hustle and Patience: What It Takes to Succeed in 2009 ? Get Rich Slowly Tue, 13 Jan 2009 13:00:44 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-163125 [...] much as I believe that frugality is an important part of personal finance, I also believe that starting your own business is an excellent way to boost your income and to [...]

[...] much as I believe that frugality is an important part of personal finance, I also believe that starting your own business is an excellent way to boost your income and to [...]

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]]> By: Mary http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-140051 Mary Mon, 14 Jul 2008 02:25:03 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-140051 Joe Dominguez may have lived on $6,000 / year (even though it's not bloody likely), but assuming that it's true, and for the sake of argument, note that he was just one person. $6,000 x 19 (leaving out prenatal care for the .5 of a baby Michelle's carrying now) = $114,000. Do you really think the Duggars have that much money lying around? Even if they at one point had enough to support themselves, the fact is that Jim Bob has been a real estate agent and not a business owner for at least a few years now, and they're adding about 1 child every 15 - 18 months. The fact is, without the money they make pimping out their children to TLC and Discovery Health, the Duggars, at the rate they're going, would be in debt up to their glassy, unfocused eyeballs. Joe Dominguez may have lived on $6,000 / year (even though it’s not bloody likely), but assuming that it’s true, and for the sake of argument, note that he was just one person. $6,000 x 19 (leaving out prenatal care for the .5 of a baby Michelle’s carrying now) = $114,000. Do you really think the Duggars have that much money lying around? Even if they at one point had enough to support themselves, the fact is that Jim Bob has been a real estate agent and not a business owner for at least a few years now, and they’re adding about 1 child every 15 – 18 months. The fact is, without the money they make pimping out their children to TLC and Discovery Health, the Duggars, at the rate they’re going, would be in debt up to their glassy, unfocused eyeballs.

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]]> By: jennifer martinez http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-94489 jennifer martinez Sun, 05 Aug 2007 16:41:20 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-94489 I hope anyone who plans to drop in on the Dacyczyn family is just joking. They earned the right to exit from the public eye, and that's clearly what they want. If they use the computer, I'm sure they see all the well-wishing comments from people they helped to teach the ways to get debt free. I hope anyone who plans to drop in on the Dacyczyn family is just joking. They earned the right to exit from the public eye, and that’s clearly what they want. If they use the computer, I’m sure they see all the well-wishing comments from people they helped to teach the ways to get debt free.

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]]> By: Getting Started with Personal Finance http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-92823 Getting Started with Personal Finance Mon, 16 Jul 2007 21:24:45 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-92823 [...] Why Frugality is an Important Part of Personal Finance [...]

[...] Why Frugality is an Important Part of Personal Finance [...]

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]]> By: fu http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-92140 fu Tue, 10 Jul 2007 16:49:50 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-92140 During my sociology class, we learned about 'trash studies' where social scientists dug thru the trash of random people. They concluded that when the economy is bad, or when people go thru tough financial periods, they are inclined to spend more money. On the other hand, when they are feeling pretty good about their financial situation, they spend less. Doesn't make sense, but I can see where it would make people feel better to spend a lot when they don't have the means to do so. During my sociology class, we learned about ‘trash studies’ where social scientists dug thru the trash of random people. They concluded that when the economy is bad, or when people go thru tough financial periods, they are inclined to spend more money. On the other hand, when they are feeling pretty good about their financial situation, they spend less. Doesn’t make sense, but I can see where it would make people feel better to spend a lot when they don’t have the means to do so.

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]]> By: The Simple Dollar » The Simple Dollar Morning Roundup: Get Rich Slowly Edition http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-91992 The Simple Dollar » The Simple Dollar Morning Roundup: Get Rich Slowly Edition Mon, 09 Jul 2007 13:31:02 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-91992 [...] Why Frugality Is An Important Part of Personal Finance Frugality topics often seem to draw out the negatives from many of my readers, and apparently the same thing happens for J.D. This article really lays it down and explains why knowing how to save money on regular expenses - even just a penny at a time - can be huge. [...]

[...] Why Frugality Is An Important Part of Personal Finance Frugality topics often seem to draw out the negatives from many of my readers, and apparently the same thing happens for J.D. This article really lays it down and explains why knowing how to save money on regular expenses – even just a penny at a time – can be huge. [...]

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]]> By: Eric D. Burdo http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-91531 Eric D. Burdo Tue, 03 Jul 2007 19:54:26 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-91531 You could try ZabaSearch.com and see if you can find the right Amy Dacyczyn. She might be listed there... Maybe I'll take a drive to Leeds and see if I can find her... :) You could try ZabaSearch.com and see if you can find the right Amy Dacyczyn. She might be listed there…

Maybe I’ll take a drive to Leeds and see if I can find her… :)

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]]> By: How I Escaped from Living Paycheck-to-Paycheck ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-91424 How I Escaped from Living Paycheck-to-Paycheck ? Get Rich Slowly Mon, 02 Jul 2007 15:58:16 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-91424 [...] to the long-term gains, cutting costs is an excellent, quick way to free up cash. There are a million little things you can do to save money [...]

[...] to the long-term gains, cutting costs is an excellent, quick way to free up cash. There are a million little things you can do to save money [...]

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]]> By: Janet http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-90344 Janet Wed, 20 Jun 2007 19:04:41 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-90344 I think you'll have to use ordinary mail to contact Amy D. There is a mailing address (Leeds, Maine) somewhere in the Complete Tightwad Gazette -- try looking in the index under homemade sanitary napkins, I think it's part of that article. I think you’ll have to use ordinary mail to contact Amy D. There is a mailing address (Leeds, Maine) somewhere in the Complete Tightwad Gazette — try looking in the index under homemade sanitary napkins, I think it’s part of that article.

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]]> By: Chris http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-89325 Chris Mon, 11 Jun 2007 16:25:48 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-89325 I find it midly ironic that a Blackberry curve ad is displayed on today's version of this blog post. By the way, I loved all the comments. You guys are terrific. I find it midly ironic that a Blackberry curve ad is displayed on today’s version of this blog post. By the way, I loved all the comments. You guys are terrific.

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]]> By: Dave http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87346 Dave Thu, 24 May 2007 19:35:18 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87346 I'd also like to call attention to Joe Dominguez, co-author of the book Your Money or Your Life. I've been researching his life a little. He devoted a huge chunk of his book YMOYL to frugality, even referencing Amy D. a few times along the way. Anyway, here's what extreme frugality can allow for a human -- "At 31, Joe Dominguez retired from a job as a technical stock analyst on Wall Street. He left with a nest egg of about $70,000 and had lived on the investment income ever since -- about $6,000 a year." Stories like this show what is possible. I’d also like to call attention to Joe Dominguez, co-author of the book Your Money or Your Life. I’ve been researching his life a little. He devoted a huge chunk of his book YMOYL to frugality, even referencing Amy D. a few times along the way. Anyway, here’s what extreme frugality can allow for a human — “At 31, Joe Dominguez retired from a job as a technical stock analyst on Wall Street. He left with a nest egg of about $70,000 and had lived on the investment income ever since — about $6,000 a year.” Stories like this show what is possible.

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]]> By: Rosanne http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87279 Rosanne Thu, 24 May 2007 00:51:13 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87279 Oh, and it is perfectly legal that they register as a church. I do not wish to imply that they commited tax fraud. I am saying they did not get where they are today by cutting their kids hair themselves Oh, and it is perfectly legal that they register as a church. I do not wish to imply that they commited tax fraud. I am saying they did not get where they are today by cutting their kids hair themselves

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]]> By: Rosanne http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87275 Rosanne Thu, 24 May 2007 00:32:06 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87275 I have no problem with their religous beliefs. What is disturbing is that you point out this heavily slanted article and use this family as a beacon of frugality. Their 17 year old son decides he has an interest in audio and video? Here, kid, heres a custom a/v room with $50,000 worth of top end equipment. Very frugal, Dave. Learn the facts about this family and not just what they want portrayed to the public. Shop at thrift stores? How about they enjoy donated clothes. The clothes are all matching outfits which are paid for by local businesses. Find out about the land he purchased while he was a lawmaker and what the going price was against what he actually paid. Look into it Dave I have no problem with their religous beliefs. What is disturbing is that you point out this heavily slanted article and use this family as a beacon of frugality. Their 17 year old son decides he has an interest in audio and video? Here, kid, heres a custom a/v room with $50,000 worth of top end equipment. Very frugal, Dave. Learn the facts about this family and not just what they want portrayed to the public. Shop at thrift stores? How about they enjoy donated clothes. The clothes are all matching outfits which are paid for by local businesses. Find out about the land he purchased while he was a lawmaker and what the going price was against what he actually paid. Look into it Dave

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]]> By: KMull http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87273 KMull Thu, 24 May 2007 00:28:32 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87273 This got off topic real quick! When blogging, I too feel like we are just saying the same things over and over. Perhaps that is what it takes? This got off topic real quick!

When blogging, I too feel like we are just saying the same things over and over. Perhaps that is what it takes?

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]]> By: Dave http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87270 Dave Thu, 24 May 2007 00:19:00 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87270 So the mother is going to risk her life having 17 babies because she thinks birth control is a sin, and then she's going to be perfectly willing to pull some kind of tax fraud?! Come on! I don't buy it. Think about it -- the whole reason they have 17 kids to begin w/ is because they are obsessed w/ the laws of the Bible. This is the first I've heard of their house being registered as a church, but if it's true, then I'm 100% inclined to believe it IS A CHURCH, and the Duggars are well within their legal rights to register it as such. So the mother is going to risk her life having 17 babies because she thinks birth control is a sin, and then she’s going to be perfectly willing to pull some kind of tax fraud?! Come on! I don’t buy it. Think about it — the whole reason they have 17 kids to begin w/ is because they are obsessed w/ the laws of the Bible. This is the first I’ve heard of their house being registered as a church, but if it’s true, then I’m 100% inclined to believe it IS A CHURCH, and the Duggars are well within their legal rights to register it as such.

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]]> By: JenK http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87258 JenK Wed, 23 May 2007 22:43:20 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87258 Dave, Registering as a church smacks of fraud. If the Duggars have not actually done so (or if they are doing things that a normal church or monastery would do and not just "ministering" to themselves) then I'd be less concerned. That said, there has been some crossover between intentional community groups and some monastics, which I think would also count as a church. And now that I think of it, I suppose there is nothing preventing the Wiccan intentional community I know near Yelm from also registering as a church, since they DO host retreats and services. (Although it might raise more eyebrows at the IRS than a Christian group.) I guess what it comes down to, for me, is: Are they avoiding property taxes (etc) because they're doing good, or is it a tax scam? -Jen Dave,

Registering as a church smacks of fraud. If the Duggars have not actually done so (or if they are doing things that a normal church or monastery would do and not just “ministering” to themselves) then I’d be less concerned.

That said, there has been some crossover between intentional community groups and some monastics, which I think would also count as a church. And now that I think of it, I suppose there is nothing preventing the Wiccan intentional community I know near Yelm from also registering as a church, since they DO host retreats and services. (Although it might raise more eyebrows at the IRS than a Christian group.)

I guess what it comes down to, for me, is: Are they avoiding property taxes (etc) because they’re doing good, or is it a tax scam?

-Jen

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]]> By: Dave http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87254 Dave Wed, 23 May 2007 21:50:03 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87254 Yes, Rosanne, the Duggars are indeed a bunch of weirdos. And as Dave Ramsey says, "Broke is normal ... so let's all get weird!" Actually, Jim Bob, the head of the household, has owned various businesses through the years, including a car lot. Business owners get wealthy. He also attended a financial freedom seminar conducted by Jim Sammons re: frugality and living a debt-free life. Jim Bob actually now conducts the seminars himself out of their home. And by being frugal and getting out of debt and not buying anything unless they have cash, the Duggars have saved enough to make investments in rental and commercial property. Their investments have done so well that Jim Bob doesn't have to work a full-time job. Did you read the article? They have no house payment, Rosanne. It's true -- they are not vegetable farmers, but they are still frugal -- the article I linked to talks about how they buy clothes at thrift stores, cut their own hair, do their own car and home repairs, etc. I suspect your main problem is they are Christian fundies. But don't throw the baby out w/ the bathwater. I'm a hard-core atheist myself, yet I will learn what I can from this amazing family. Yes, Rosanne, the Duggars are indeed a bunch of weirdos. And as Dave Ramsey says, “Broke is normal … so let’s all get weird!” Actually, Jim Bob, the head of the household, has owned various businesses through the years, including a car lot. Business owners get wealthy. He also attended a financial freedom seminar conducted by Jim Sammons re: frugality and living a debt-free life. Jim Bob actually now conducts the seminars himself out of their home. And by being frugal and getting out of debt and not buying anything unless they have cash, the Duggars have saved enough to make investments in rental and commercial property. Their investments have done so well that Jim Bob doesn’t have to work a full-time job. Did you read the article? They have no house payment, Rosanne. It’s true — they are not vegetable farmers, but they are still frugal — the article I linked to talks about how they buy clothes at thrift stores, cut their own hair, do their own car and home repairs, etc. I suspect your main problem is they are Christian fundies. But don’t throw the baby out w/ the bathwater. I’m a hard-core atheist myself, yet I will learn what I can from this amazing family.

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]]> By: Rosanne http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87249 Rosanne Wed, 23 May 2007 19:44:40 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87249 In a previous post, someone equated the large Duggar family to that of Amy D. This could not be further from the truth. The Duggar family has enough members that it was entitled to be set up as a church. They pay no property taxes, their house payments are tax deductible, and they claim that family outings are "prayer meetings" so they too are deductible. Those children are lacking an education. You cannot tell me that a four year old and a sixteen year old should be in the same home schooling classroom with 14 other children of varying ages. Amy D. goes to great pains to make sure her frugality has a postive ethical value. The Duggars are a bunch of weirdos who circumvent the system. They rely on the help of everyone around them, neighbors, the government and TLC. Amy and her husband decided to have a large family, took responsibility for that choice, and worked hard to provide ina way that did not burden society. The Duggars never picked a damn vegetable in their lives. Unless Aldis is now considered a farm. In a previous post, someone equated the large Duggar family to that of Amy D. This could not be further from the truth. The Duggar family has enough members that it was entitled to be set up as a church. They pay no property taxes, their house payments are tax deductible, and they claim that family outings are “prayer meetings” so they too are deductible. Those children are lacking an education. You cannot tell me that a four year old and a sixteen year old should be in the same home schooling classroom with 14 other children of varying ages. Amy D. goes to great pains to make sure her frugality has a postive ethical value. The Duggars are a bunch of weirdos who circumvent the system. They rely on the help of everyone around them, neighbors, the government and TLC. Amy and her husband decided to have a large family, took responsibility for that choice, and worked hard to provide ina way that did not burden society. The Duggars never picked a damn vegetable in their lives. Unless Aldis is now considered a farm.

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]]> By: boomie http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87243 boomie Wed, 23 May 2007 16:41:23 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87243 I was an original subscriber to Amy's Tightwad Gazette newsletter. I still have them plus her books. I still make pizza dough from scratch as per Amy's recipe plus follow many of her original ideas. Amy is the Godmother Of Frugality! No one has been able to come close to her. In her last newsletter, she wrote that she had been able to save one million dollars in cash and with the proper investments, that amount would hold her for the rest of her life. Obviously, it has. Brava, Amy! Her words echo every day in my life. I did write her a letter when she announced her retirement (and no passing of the baton to anyone else) begging and pleading with her NOT to abandon us. She never responded. Anyway, Amy, if you are reading this: THANK YOU!!!!! YOU ROCK THROUGHOUT THE AGES! I was an original subscriber to Amy’s Tightwad Gazette newsletter. I still have them plus her books. I still make pizza dough from scratch as per Amy’s recipe plus follow many of her original ideas. Amy is the Godmother Of Frugality! No one has been able to come close to her.
In her last newsletter, she wrote that she had been able to save one million dollars in cash and with the proper investments, that amount would hold her for the rest of her life. Obviously, it has. Brava, Amy!
Her words echo every day in my life. I did write her a letter when she announced her retirement (and no passing of the baton to anyone else) begging and pleading with her NOT to abandon us. She never responded.
Anyway, Amy, if you are reading this:
THANK YOU!!!!! YOU ROCK THROUGHOUT THE AGES!

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]]> By: Meredith http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87241 Meredith Wed, 23 May 2007 16:00:23 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87241 The Tightwad Gazette is truly the original guide to frugality. I bought it in college and have re-read it periodically in the 10 years since. It always seems fresh and fits the new stages of my life. I think that's because it's not about tips--it's about attitude. The Tightwad Gazette is truly the original guide to frugality. I bought it in college and have re-read it periodically in the 10 years since. It always seems fresh and fits the new stages of my life. I think that’s because it’s not about tips–it’s about attitude.

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]]> By: Jonathan http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87213 Jonathan Wed, 23 May 2007 06:28:21 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87213 I enjoyed this post and her excerpt as well. Might have to spent my Amazon gift bucks on the Gazette. I've been thinking a lot about the balance of spending and earning. I enjoyed this post and her excerpt as well. Might have to spent my Amazon gift bucks on the Gazette. I’ve been thinking a lot about the balance of spending and earning.

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]]> By: m.g. http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87191 m.g. Tue, 22 May 2007 19:35:33 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87191 Thanks to both Jen's. I've only seen bits here and there, but I guess I saw all the wrong pieces. (Although even a baggie full of zippers might be a bit much for me. I'm a recovering pack-rat) I'm always up for a fun read, though, so I'll check my library next time I'm there. Thanks to both Jen’s. I’ve only seen bits here and there, but I guess I saw all the wrong pieces. (Although even a baggie full of zippers might be a bit much for me. I’m a recovering pack-rat) I’m always up for a fun read, though, so I’ll check my library next time I’m there.

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]]> By: JenK http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87186 JenK Tue, 22 May 2007 17:41:13 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87186 As a note on the "hoarding" thing - Amy discusses in the book both the "pantry principle" and the importance of BALANCE. She has LOTS of space (big house in the country with attached barn) so, as she puts it, she can do things like save old sofa cushion covers for the zippers - but if she had less space, she would probably cut the zippers off and just save the zippers. She also notes that saving 6 or 10 twist-ties (or however many you are likely to use) is different from having them spread all over the kitchen. As a note on the “hoarding” thing – Amy discusses in the book both the “pantry principle” and the importance of BALANCE. She has LOTS of space (big house in the country with attached barn) so, as she puts it, she can do things like save old sofa cushion covers for the zippers – but if she had less space, she would probably cut the zippers off and just save the zippers. She also notes that saving 6 or 10 twist-ties (or however many you are likely to use) is different from having them spread all over the kitchen.

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]]> By: Canadian http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87185 Canadian Tue, 22 May 2007 17:37:24 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87185 I also have a copy of the Complete Tightwad Gazette -- it's great! I love her comparison tests, like where she will figure out which way of popping corn comes cheapest and fastest. I also have a copy of the Complete Tightwad Gazette — it’s great! I love her comparison tests, like where she will figure out which way of popping corn comes cheapest and fastest.

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]]> By: J.D. http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87184 J.D. Tue, 22 May 2007 17:33:56 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87184 Vincent googled up Dacyczan's snail mail address for me, so I'll write her a letter. Meanwhile, I found a <a href="http://www.washingtonpost.com/wp-dyn/content/article/2005/05/27/AR2005052700821.html" rel="nofollow"><i>Washington Post</i> profile of her</a> from 1992 that some of you might enjoy reading. Vincent googled up Dacyczan’s snail mail address for me, so I’ll write her a letter. Meanwhile, I found a Washington Post profile of her from 1992 that some of you might enjoy reading.

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]]> By: red http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87183 red Tue, 22 May 2007 17:30:01 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87183 I did my own googling and found the following: "These days, Amy and Jim consider themselves truly retired, with no plans to follow up on "The Tightwad Gazette" successes. While the newsletter and books have brought in enough income to send all the Dacyczyn children through college and beyond, Amy still practices tightwaddery for the principle of it. The day she talked to me, she was in the process of canning 80-quart jars of green beans. Amy and Jim's main priority in life is still their kids, the same priority that put them on their frugal journey to begin with." From here (circa 2002): http://www.simpleliving.net/news/archives_article.asp?id=298 I did my own googling and found the following:

“These days, Amy and Jim consider themselves truly retired, with no plans to follow up on “The Tightwad Gazette” successes. While the newsletter and books have brought in enough income to send all the Dacyczyn children through college and beyond, Amy still practices tightwaddery for the principle of it. The day she talked to me, she was in the process of canning 80-quart jars of green beans. Amy and Jim’s main priority in life is still their kids, the same priority that put them on their frugal journey to begin with.”

From here (circa 2002):
http://www.simpleliving.net/news/archives_article.asp?id=298

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]]> By: Jenn @ Frugal Upstate http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/comment-page-1/#comment-87182 Jenn @ Frugal Upstate Tue, 22 May 2007 17:29:31 +0000 http://www.getrichslowly.org/blog/2007/05/22/why-frugality-is-an-important-part-of-personal-finance/#comment-87182 m.g.-In the books Amy D several times addresses the fact that she is able to "hoard" things because she has a large barn in which to store thing, but that other folks are frugal in different ways depending on their circumstances. And as JD said in the original post, many of the tips, tricks and articles are letters that are written in by her various readers in the 80's, so there is a diversity of situations and opinions shown. If the "hoarding" thing has kept you from picking up and reading a copy, I would suggest giving it a try-it may not be quite what you are thinking. m.g.-In the books Amy D several times addresses the fact that she is able to “hoard” things because she has a large barn in which to store thing, but that other folks are frugal in different ways depending on their circumstances. And as JD said in the original post, many of the tips, tricks and articles are letters that are written in by her various readers in the 80′s, so there is a diversity of situations and opinions shown. If the “hoarding” thing has kept you from picking up and reading a copy, I would suggest giving it a try-it may not be quite what you are thinking.

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