article thumbnail

The Deadly Sins of Personal Finance

Prairie Eco-Thrifter

If you let yourself turn to consumerism excessively, you’ll likely become indebted. Consumerism. Of course consumerism is a deadly sin of finance. Consumerism stems from many places but can start from when we are young children if we are exposed to television and radio ads. Wastefulness.

article thumbnail

Why Cheaper Isn’t Always Better

Prairie Eco-Thrifter

Buying something cheap just because it’s a good deal falls into the category of “mindless consumerism” and it can lead to long-term money problems down the road. Go Frugal Money Tips' No matter how cheap it is, if it isn’t a planned purchase, you are still spending money — not saving it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Frugal wardrobe.

Finally Frugal

Subscribe to Finally Frugal. I'm not sure when I would have the time to go through my closets and find 33 items; I'm thinking in the spring, because I am almost positive that I will try to work less than I am now, even if it slows down my debt repayment. I'll keep you posted!

Frugal 49
article thumbnail

5 Pieces of Advice to Tell Your Child About Money- Part 1

Prairie Eco-Thrifter

This week, Flexo at Consumerism Commentary shares his thoughts on this matter. Stay tuned next week where we will hear from Jason at Frugal Dad and what he has to say about this. It seems that so many kids these days have no idea about personal finance and have not been taught the skills on how to manage money for the future.

Money 124
article thumbnail

Pseudo-advice.

Finally Frugal

The vast majority of these "money moves" involve some form of consumerism, whether it's purchasing the 'best' video camera, obtaining the 'best' rewards credit card, or buying a $350 thermostat to 'save' money on heating and cooling. Subscribe to Finally Frugal. Here's some advice, and it's free: Save more money. Pay down debt.

article thumbnail

Sustainable Gift Giving this Holiday Season

Prairie Eco-Thrifter

Now that the holiday season is underway, it’s probably a little difficult to scale back the consumerism. Frugal and Personal Birthday Gifts. However, it is possible to have a greener Christmas, as well as find gifts that are a little more eco-friendly. Remember that a thoughtful gift doesn’t have to be expensive.

Giving 202
article thumbnail

P.E.P. for Week of January 10-14/11-Seeking Balance Edition

Prairie Eco-Thrifter

Flexo from Consumerism Commentary asks us if we should combine money with our spouses ? Going Frugal. Trent from The Simple Dollar discuss cost vs. quality and when frugality should come into play. Sustainable Personal Finance shares with us the first step in having a frugal wedding- attire. Happy bday!!! Going Green.

January 113