What did you think you knew about money as a kid? Most of us were told at one time or another that money didn’t grow on trees, but I am not sure that I ever thought it did — I just thought that my parents had an endless supply of it, and why weren’t they buying me everything I wanted? I had no idea about the relationship between how much Dad brought in and how much it cost to support our lifestyle, and still didn’t even get it until I graduated college with a crappy low-paying job and tons of credit and student loan debt. But in thinking back to the biggest misconception I had about money as a kid, I came up with this:
Hope you guys have a fantastic weekend! I know fall is coming because it was 46 degrees this morning, so I plan on getting outside in the next couple of days before becoming a shut in for the winter. Enjoy!
Alright guys and gals, I need your help on this one. With banks closing left and right and their fees going up, many people are changing where they do their banking, either by force or by choice. Even though I live 23 miles from the closest Bank of America, I still have my main checking and a small savings account there. (My emergency and other savings is at ING, my stocks are held at Scottrade, my mutual funds at T.Rowe Price, and some loaned out money at Lending Club.) If I need to make a deposit, I just mail it in or make the trek to the bank. There is a local credit union here open to anyone that I would actually prefer to bank with, but the reasons I have stayed with them are three-fold:
So, you think you are frugal? You don’t have anything on these Freegans. According to Wikipedia, Freeganism is an anti-consumerist lifestyle where people employ alternative living strategies based on limited participation in the conventional economy and minimal consumption of resources. Freegans “embrace community, generosity, social concern, freedom, cooperation, and sharing in opposition to a society based on materialism, moral apathy, competition, conformity, and greed.” The lifestyle involves salvaging discarded, unspoiled food from supermarket dumpsters, known as dumpster diving. So…now how frugal do you think you really are?