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What Makes a Saver?

Prairie Eco-Thrifter

As a young mom, I saved like mad – going to garage sales, thrift stores and accepting hand me downs on toys and clothing. I also saved – maxing out 401K contributions to build up the retirement funds. But, in college, I spent my summer earnings – on clothes, on a used car and on school activities.

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Investment Methods

Prairie Eco-Thrifter

I pick up a lot of them at garage sales for 25 cents to a $1. When I retired, I used this method to re-invest the proceeds from my company 401K (that I had rolled into an IRA). It caught me by surprise that the stocks/mutual funds in which I invested while in the 401K could not be transferred in kind to my IRA.

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10 Reasons You’re Broke

Prairie Eco-Thrifter

Instead of investing your money in education or your 401K, your money goes to clothes, gadgets, big screen TV’s or alcohol. You go weekend e-baying, garage-saling or to the flea markets. You spend your money on the wrong stuff. If you think you need it, attend shopoholics anonymous. You have bad money habits.

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