Frugality


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Every month, my wife and I track how much time and money we spend growing food. This is the report for October 2009. (Here are the results for 2008.)
As those of you who follow me on Twitter already know, it’s been a l-o-n-g Saturday filled with all sorts of misadventures. Murphy’s Law has been in full effect this Halloween. I’d meant to post this month-end garden summary around noon, but now will have to do. In fact, there wouldn’t be a summary at all except that my wife sat down and wrote it for me. Here’s what Kris has to say about the month of October…
October arrived with the typical cold and damp, bringing Portland’s garden season to a close. During the fall and winter we’ll enjoy the hearty foods we’ve packed away from this year’s crops, until by early spring we’re ready to begin anew. We’ve been eating fresh fruit and vegetables from our garden [...]

[read all of The GRS Garden Project: October 2009 Update]

This post is from GRS staff writer April Dykman.
When you have a need or a problem, there’s usually a solution that can be bought. Buying a solution is often the easiest and fastest way to solve a problem — but it also can be the most expensive.
When my husband and I were in debt-repayment mode and had our discretionary spending locked down, I began to see that there are alternative solutions to problems that I once thought could only be solved by buying something. Sometimes quality counts, but more often than not, I would choose a solution that required spending more than necessary, when some forethought might have yielded a solution that was less expensive (or even free). Or maybe if I had stopped to think about it, I’d have realized it wasn’t a critical problem, and I could just choose to do nothing about it.
We set a strict budget while we were [...]

[read all of The Art of Improvising: Alternatives to Buying New]

This is a guest post from Sierra Black, a long-time GRS reader and the author of ChildWild, a blog where she writes about frugality, sustainable living, and getting her kids to eat kale. Previously at Get Rich Slowly, Black told us about sweating the big stuff.
Buying in bulk is great, right? You get the things you want and need, and pay less for them. As an added bonus, you don’t have to shop as often (at least, this is a bonus for me, since I hate shopping).
Because I hate shopping and love discounts, I buy most everything in bulk: toilet paper, frozen foods, light bulbs, even toys. But bulk buying has its risks too, and after years of practicing it, I’m learning to see them.
For me, the three key dangers in bulk buying are:
Making a bad investment in a good product that you need or love. I love a particular brand of gel pen, [...]

[read all of The Pitfalls of Buying in Bulk]

This article is the fifth of a thirteen-part series that explores the core tenets of Get Rich Slowly.
Getting started with smart personal finance isn’t always easy. It’s one thing to read about the steps you should take, but it’s another thing to actually do them. Your debt is so overwhelming or your saving goals so lofty that you begin to believe that the only way you’ll ever get where you want to be is by winning the lottery.
Part of the problem is that we live in a society that idolizes the Big Winner. Nobody celebrates the guy next door who bikes to work, grows his own food and cooks his own meals, shops at the thrift store, and gets all his books from the library. That sort of life isn’t glitzy. Yet it’s that sort of life that can (and does) lead to true wealth.
This image was submitted by GRS reader Karen L.

Starting small
I can’t [...]

[read all of Small Amounts Matter]

Every month, my wife and I track how much time and money we spend growing food. This is the report for September 2009. (Here are the results for 2008.)
After a long productive summer, our September in the garden was kind of anticlimactic. Sure, we continued to harvest our home-grown food, but neither of us was particularly “in” to the garden this month. It was a chore instead of an obsession. September can be that way sometimes.
Still, there’s always something happening with our home food production. This month:

We’ve been harvesting lots of apples and plums. It took four or five years, but our Jonathan apple tree has finally turned productive. We pulled down nearly 40 pounds of apples this year! And the plum tree was loaded.

The blackberries are still producing, but we’re sick of them. I can hardly believe I’m saying that (blackberries are my favorite), but I’ve had enough berries. And besides, they’re not very [...]

[read all of The GRS Garden Project: September 2009 Update]

The October 2009 issue of Consumer Reports contains an article extolling the virtues of generic store-brand products. While shoppers used to sacrifice quality when choosing generic, that’s no longer the case. From the article:
If concern about taste has kept you from trying store-brand foods, hesitate no more. In blind tests, our trained tasters compared a big national brand with a store brand in 29 food categories. Store and national brands tasted about equally good 19 times. Four times, the store brand won; six times, the national brand won.
In other words, store brands offer roughly the same quality as national brands, but at a much-reduced cost. How much reduced? Consumer Reports says that the store brands they tested cost an average of 27 percent less than the name brand equivalents.
How much can you save?
Sometimes theory is one thing and reality another. It’s nice that Consumer Reports can score great deals on store brands. But could I? [...]

[read all of Slash Your Grocery Bill With Store-Brand Products]

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