Comments on: Can You Go One Day Without Spending A Dime?

By: Carnivals And Festivals For The Week of October 8 2007. | My Two Dollars

Carnivals And Festivals For The Week of October 8 2007. | My Two Dollars — Fri, 12 Oct 2007 16:31:23 +0000

[...] Carnival of Debt Reduction #108 at Being Frugal, which included my post “Can You Go One Day Without Spending A Dime?”. [...]

By: Carnival of Debt Reduction #108 - A Story of a Guy in Debt | beingfrugal.net

Mon, 08 Oct 2007 10:01:21 +0000

[...] man focused on reducing expenses, so he could pay off his debt. He asked if he could go a day without spending a dime. He grew his own herbs to save on his grocery bill. He was going along pretty well until he met a [...]

By: Interesting Links on a Sunday Afternoon | Personal Finance Blog by Money Ning

Sun, 07 Oct 2007 15:21:33 +0000

[...] Two Dollars has a thoughtful piece about whether we can go one day without spending a dime.Â Go find out if we can or [...]

By: david

david — Thu, 04 Oct 2007 15:12:13 +0000

Thanks Matt, appreciate it.

And Lazy, why is that not fair? Curious why you think so.. If your cable bill is, say, $30 per month, you are effectively paying $1.00 every day to have cable. Sure, you pay once a month, but you are really paying every day…the gas co. charges me a daily use, the electric co the same, etc.

The post is meant, as Matt suggested, to make you really take a look at where your money goes, whether you spend it daily or monthly. Some people think subscriptions don’t count to your daily expenditures, but really, they do…

Thanks guys

By: Matt

Matt — Thu, 04 Oct 2007 12:14:29 +0000

I think you raise an interesting question, I might not spend a dime on day X or Y but in general there is almost always money going out of my account. Tracking all of that spending and seeing just where all of it goes can be very frightening.

The car is a luxury that accounts for close to a week of work (maybe more if I really started doing the math). This one really gets me because it is a luxury, one I need only every now and then since I no longer drive on a regular basis. I don’t even want to start considering the other items.

Great post.

By: Lazy Man

Lazy Man — Thu, 04 Oct 2007 06:28:48 +0000

I’m not sure if it’s fair to count subscriptions in your “not spending a dime days.” It’s pretty much impossible to call and cancel every magazine, gym member (used or not it still counts), cable bill, cell phone (not a necessity) etc.

By: Modern Worker

Modern Worker — Wed, 03 Oct 2007 17:58:00 +0000

I’ve told myself that I can’t spend a dime during the work week unless it’s an emergency, weekly grocery store trip, gas, exercise, or paying a bill. It’s worked beautifully so far. I don’t feel like I’m missing out on anything, and my bank account is much fatter.

By: Carol

Carol — Wed, 03 Oct 2007 17:43:21 +0000

I am very frugal. I do not spend money on vending machines, bring my lunch etc. We pay off our credit card every month. We only have utilities, insurance, cc, my husband’s car and mortage and we are paying more to get them paid off. Our mortage is a 15 year to get that lower interest rate. Luxurys are cable, netflix and internet. We have canceled HBO since the Sopranos have finished. We have calling cards for long distance because DD and our parents live out of state. Our cell phones are prepaid minutes no contract and we pay about 25 dollars every three months or so. Because of our furgality my husband retired at 55. I am still working 30 hours a week because I need insurance for a existing condition that would be too expensive if I changed insurances. We plan meals on loss leaders at grocery stores. We do not have AC and use a evap cooler in the summer and try not to turn on the heat before November. We dress for the weather to do this.