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05-29-2010, 12:20 PM
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#21
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Thinks s/he gets paid by the post
Join Date: Jul 2006
Location: Denver
Posts: 3,519
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Quote:
Marital Industrial Complex
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Nice turn of the phrase.
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05-29-2010, 12:23 PM
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#22
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,244
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It is a bit funny... but I have done both... Let's see..
1 Used - Galaxy 500
2 Used - Montego
3 New - GLC
4 New - Cougar
5 Used - Firebird
6 New - Monte Carlo
7 New - TL
8 Used - Explorer
9 New - Elantra
Every car had over 90K miles when I got rid of them... even if I only owned it for a year or so... I try to keep for 100K... but usually something came up that made it worthwhile to change (like the cash for clunkers)...
it also is funny that I still own 1/3 of all the cars I ever bought... two of them are 6 to 7 years old, but I plan on keeping at least another 5 to 10 on both of them... (the wife might have something to say about that... but by then the kids will start to drive and she might see things differently)....
OK... took a look at the list and decided to see how much I had spent... a total of $114K wow...
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05-29-2010, 02:45 PM
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#23
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Recycles dryer sheets
Join Date: Dec 2005
Posts: 320
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bought my 01 Honda Accord new for $15,600 and still going strong..only has 75k miles on it..and the only thing I've had to do besides oil changes was a wheel bearing replacement.
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05-29-2010, 03:51 PM
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#24
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Full time employment: Posting here.
Join Date: Feb 2008
Location: Central Coast, California
Posts: 923
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Quote:
Originally Posted by IndependentlyPoor
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That was a low blow. Now I have even more on my "covet list." I was making such good progress weeding it out, too!
__________________
"You'd be surprised at how much it costs to look this cheap." -- Dolly Parton
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05-29-2010, 03:53 PM
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#25
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Full time employment: Posting here.
Join Date: Feb 2008
Location: Central Coast, California
Posts: 923
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Quote:
Originally Posted by ziggy29
An extra dollar earned may net out to 60 cents after taxes. An extra dollar not spent nets out to a dollar.
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Ziggy, I know this, but thanks for stating it so eloquently. I'm putting this on a notecard next to my financial goals 3x5 cards on my bureau, to remind me every day that what I don't spend is important! Thanks!
__________________
"You'd be surprised at how much it costs to look this cheap." -- Dolly Parton
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05-29-2010, 04:10 PM
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#26
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,796
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Yikes(referring to previous posts about a dollar saved)! I just spent three dollars today on 3 beautiful hand blown and etched cordial glasses at an estate sale this morning. I have 3 equally beautiful antique cordial glasses(formerly a set of 4 given to my mother at her wedding in 1941 by her brother), but one was broken by my sister after imbibing a bit too much about several years ago. These three don't quite match the other three, but they are quite lovely. I haven't drunk a drop from a cordial glass in ever so long, but it does give one pause concerning small amounts leeched away by things one doesn't need. It all adds up, doesn't it? Tomorrow is another day, and thank goodness there are no estate sales...that I know of!
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05-29-2010, 09:57 PM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
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Quote:
Originally Posted by Urchina
Ziggy, I know this, but thanks for stating it so eloquently. I'm putting this on a notecard next to my financial goals 3x5 cards on my bureau, to remind me every day that what I don't spend is important! Thanks!
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I kept a little different reminder card on my bureau....... It reminded me that life is short and it's important to enjoy each day as it comes. A new car here and there, going to the Cubs game instead of watching on TV, raising a family without excessive austerity, taking vacations while you're still young enough to enjoy them, spending time with family and friends even if it involves spending a few bux.......
You're gona be dead a long time. Have a little fun now.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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05-30-2010, 07:10 AM
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#28
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Recycles dryer sheets
Join Date: May 2007
Posts: 148
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Quote:
Originally Posted by swampwiz
.... and only saving up enough for Little Johnny to go to State U rather than the best little private places that are recommended by the typical pompous high school counselor (like mine, who couldn't believe that with my perfect 36 on the Math ACT and 32 composite that I shouldn't be shooting for MIT or an Ivy League place), a couple could easily hit the critical mass target without giving up much other pleasures in life (relatively speaking.)
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I tend to see automobile transportation as a commodity. A 1992 Honda Accord can get you to the same place as a 2010 Lexus. Yes, the Lexus is nicer, might be safer based on some crash tests, but the two vehicles more or less provide the same service. In that regard, I think paying as little as possible for like commodities makes sense.
I don't think education is a commodity. I think there are differences in colleges that, depending upon the individual student, may make paying more for a private school a sensible choice. I am not really talking about the quality of the education--I think kids can get a good (and probably nearly equivalent) educations at schools as disparate as Harvard and Kansas State University. Kids are people thogh, and as such they learn differently-some may benefit more from a smaller more intimate class room setting, some may get "lost" in larger public institutions; some schools may be be known for be more social active and integrating that activism into thier coursework---for some kids this may be a better way to "reach them" educationally. Some kids may want to complete athletically in college but don't have the physcial skills to complete at the Divison I level--for them, being able to participate in sports at the Div III level may be the motivating factr that keeps them in school.
I am sure that you guys will be able to pcik apart each of these specific points--they are not meant to be an exhaustive list of reasons one might consider going to a more expensive private school. I think the general point is that there are differences in colleges, and some of those differences might actually have an impact on what a kid learns. And for that reason, I think comparing automobile purchases to college purchases is not an "apples-to-apples" comparison.
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05-30-2010, 08:27 AM
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#29
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by youbet
I kept a little different reminder card on my bureau....... It reminded me that life is short and it's important to enjoy each day as it comes. A new car here and there, going to the Cubs game instead of watching on TV, raising a family without excessive austerity, taking vacations while you're still young enough to enjoy them, spending time with family and friends even if it involves spending a few bux.......
You're gona be dead a long time. Have a little fun now.
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It doesn't have to be either-or, all-or-nothing. Too many people assume frugality means "excessive austerity" and there's no reason it has to be.
If something enhances your quality of life enough, fine -- spend the money today and have fun. But some people get wrapped up in "I can afford it" and don't really even think about whether or not the money spent is justified by the increased enjoyment of life it may provide. But at the end of the day, if all of your excess cash flow is going into "today" and not into "tomorrow," I hope such a person loves their j*b because they may not ever leave it.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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05-30-2010, 09:05 AM
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#30
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Recycles dryer sheets
Join Date: May 2010
Posts: 83
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We drive our cars until they fall apart. A big part of being successfully thrifty is becoming immune to ridicule. Which, of course, requires exposure.
I think we were born with natural immunity...
__________________
And this, our life, exempt from public haunt, finds tongues in trees, books in the running brooks, sermons in stones, and good in everything. — Shakespeare
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retired mid-2000s age 42
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05-30-2010, 10:31 AM
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#31
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Quote:
Originally Posted by fancy free
We drive our cars until they fall apart. A big part of being successfully thrifty is becoming immune to ridicule. Which, of course, requires exposure.
I think we were born with natural immunity...
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So.....you're still driving the VW van then?
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05-30-2010, 10:52 AM
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#32
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Quote:
Originally Posted by youbet
You're gona be dead a long time.
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Are you sure of that?....
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05-30-2010, 11:09 AM
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#33
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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My brand of frugality consists in saving money on things that bring me little enjoyment (phone bill, utility bill, insurance, etc...) so that I have more money to spend on things that I enjoy very much (electronics, travel, good food, etc...).
Cars bring me little joy. The only thing I require of a car is that it takes me (and my stuff) from point A to point B, reliably, safely and in relative comfort. My Toyota Camry LE fits the bill perfectly. I considered getting a smaller car (even a Yaris) but cargo space was a problem. DW and I usually keep our cars until they are 10-12 years old. Some of our cars were bought used, some were bought new. But except for 1 car we have always paid cash.
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05-30-2010, 11:16 AM
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#34
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Recycles dryer sheets
Join Date: May 2010
Posts: 83
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Quote:
Originally Posted by Meadbh
So.....you're still driving the VW van then?
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Only on road trips.
__________________
And this, our life, exempt from public haunt, finds tongues in trees, books in the running brooks, sermons in stones, and good in everything. — Shakespeare
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retired mid-2000s age 42
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05-30-2010, 07:48 PM
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#35
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,796
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You have a good sense of humor, fancy free!
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05-31-2010, 07:40 AM
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#36
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Recycles dryer sheets
Join Date: May 2010
Posts: 83
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thank you! a great life accessory -- free and it goes with everything.
__________________
And this, our life, exempt from public haunt, finds tongues in trees, books in the running brooks, sermons in stones, and good in everything. — Shakespeare
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retired mid-2000s age 42
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05-31-2010, 07:58 AM
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#37
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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How are we keeping score-- I can tally up the prices of the cars we've bought, but do we also get to deduct the prices for which we sold them?
In that case my 1988 Yugo counts for zero-- bought for $995 and sold for $995.
Quote:
Originally Posted by Texas Proud
(the wife might have something to say about that... but by then the kids will start to drive and she might see things differently)....
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Now that our kid has a couple years' driving experience, we've persuaded her to restart learning how to drive a manual transmission. Since she's an engineering geek, we started with the clutch animations on the "How Stuff Works" website. But I'm glad that she has a couple years' driving experience, and I'm glad that she's driving a '97 Altima with 106K miles...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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05-31-2010, 01:39 PM
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#38
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Recycles dryer sheets
Join Date: Mar 2008
Posts: 75
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Quote:
Originally Posted by IndependentlyPoor
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I saw a Porsche Panamera for the first and only time recently, it was in front of me for a while in heavy traffic. I'm not usually a fan of Porsches, but this was really beautiful. I think better than the Aston. (Judging by rear view alone.)
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05-31-2010, 01:46 PM
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#39
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: Austin
Posts: 1,142
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OK, if you like the Porsche better, you can not buy it. But remember, i am saving a lot more money by not buying the Aston.
__________________
Start by admitting
from cradle to tomb
it isn't that long a stay.
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05-31-2010, 02:13 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Posts: 2,603
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We're driving 2001 and 2002 vehicles ... both bought used. DW hates hearing that these things are only "puppies" and good for at LEAST 5 more years. Trick is not to defer maintenance (oil changes every 3k ...)
__________________
FIRE'd since 2005
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