article thumbnail

Stay the Course Financially

Prairie Eco-Thrifter

She lost both of her jobs in the course of a month, and they consequently couldn’t meet the mortgage payments on their almost new home as a result. Cryder George Loewenstein titled “Tightwads and Spendthrifts” which found that: “Consumers often behave differently than they would ideally like to behave.

article thumbnail

Unintended Consequences

Prairie Eco-Thrifter

A person, trying to help a family member figure out how to pay taxes on their home and thus be able to keep possession of the fully paid off home suggested that the family member take in a roommate to earn some extra money. This caused the home to be condemned as unfit for human habitation and the real estate taxes not to be paid.

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 decisions.

Finally Frugal

This may be especially useful for those of us who - whether currently or in our spendthrift past - may be likely to fritter that money away as soon as it shows up in our paychecks. You can bet I'll be keeping an eye on my bank account to ensure that the funds are given the appropriate home (i.e. Subscribe to Finally Frugal.

Frugal 45
article thumbnail

Interview with a Self-Made Millionaire

Prairie Eco-Thrifter

For so long, we plodded along with next to nothing while our neighbors were running up their charge cards and using home equity loans to take vacations. But, I can’t believe people are making big bucks telling other people how to control their spendthrift ways, or sharing how to shave a few cents off a grocery bill.

Thrifty 213