Remember the days when shopping for something on sale seemed ridiculous? If you wanted a pair of Guess jeans you just charged them on your Ayres card?
Well, maybe I am dating myself, but in my early twenties I was NOT a frugal person. Yes, I actually went to the mall and shopped, and did not care if they had a playground!
As life goes continues and people get married their priorities change. Or at least they should. Credit cards need to be put by the wayside and never used again! That is right…I am against credit cards. If you don’t have the money to pay for it, then you don’t need it! This is coming from someone who had every card imaginable.
My views are very different now due to children, the Bible and my husband and paying my way out of a mountain of debt. We are not to have too much stuff. Stuff creates anxiety within us and we always want the next one out.
Credit cards do not help they only prolong the inevitable….you still have to pay the bill!
When children come into the picture views on money begin to change because of need to teach them that we work for what we want, that means being a good example. Second, spoiling them is not giving them a better life. Love, patience, and understanding is giving them a better life. Stuff goes away.
Finally, when disaster happens the money needs to be there. It took me many years to pay off all of my debt including student loans. They are all gone now and I will happily drive my 10 year old van until the wheels fall off because it is paid in full. It may not be pretty, but it is ours! If I could go back and redo the damage there would probably be close to $100,000 sitting in my bank account.
After paying them off I realized how hard it really is to save money and let it accumulate. It really doesn’t grow on trees!
Now, we do still live on one income, but money is not as tight as it would be with useless bills like credit cards and car payments. Do we still live in our means? Do we still save and teach our children good habits about money? Yes. Just because money is not tight does not mean we frivolously spend or forget all of our frugal ways.
Money is not meant to be spent unwisely, even if there is an abundance. A certain amount each month should be set aside to save.
It means to save for your future, and continue the coupon cutting, the home manicures, and buying used clothing.
A penny saved is a penny earned!