What do burgers, kids, and movies have in common? They all involve opportunity costs.
When you buy a burger, you can’t use that money to rent a movie, pay down debt, or invest. And when you sit down to watch a movie, you’ve traded your time and money for two hours of entertainment.
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Notes
The photo of Dave Ramsey was adapted from the Dave Ramsey website.
This article was featured in the Carnival of Snowflaking hosted by Greener Pastures.
Eating out can be dangerous for your waistline—and your bottom line.
Now I don’t dine out much (sorry about the deceptive title), but many people do. Most people also borrow money to buy a house or condo at some point. And most people, unfortunately, are unaware just how much dining out affects the length of their [...]
Buying your first house is a wonderful experience. Most of us immediately begin personalizing with paint and new furnishings. These personal touches are important, but they can bring stress when bought with credit.
When my wife and I bought our house, we had little money left over and a lot of space to fill…
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I would like to thank Frugal For Life for hosting last week. Make sure to visit my friend Mrs. Micah when she hosts next week. Don’t forget to visit the Festival of Frugality’s homepage to learn how to participate in next week’s festival!
The early bird edition
Michelle @ Frugal Parenting asks Does Living Frugally Provide Security, [...]
No, I’m not encouraging you to go out and spend money, but rather to remind you to make a conscious decision when you spend money.
Don’t spend money out of habit, routine, or reflex but rather spend your money on things that provide you true, lasting value or are at least things you actually want!
Intentionally spending [...]
