January 2009

 

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Highlights

Dora Phillips

The approach of the new year brings inevitable discussions of resolutions.  As I sat with friends and family recently, I listened as each shared their list of changes.  There were some standards:  lose weight, eat healthy, organize the home, take more pictures.  But a new resolution topped every list: spend less and spend wisely.  I certainly understand this resolution in light of our country's economic situation.  With so many of us working toward the same goal, I am sure we can help each other achieve it.

Where to start?  Again, I headed to friends to brainstorm a top three ways to tackle the family finances.  Here are the results:

1.  Food.  Cook more, waste less, eat out less, and take advantage of bulk buying jumped to the head of the list.  Another suggestion is to make your shopping list and then go online to print coupons for the items you need. 

2.  Think twice.  We all have little items that we reach for without even thinking once.    For me, it is magazines.  Not only do I have a dozen delivered, but I am likely to pick up another 5 or 6 a month.  At an average of $6 each, I would save around $400 a year if I just resist.  What if we left the store without that little something we thought we "had to have" and waited.  If when we are not in the store, we keep thinking about the item, then maybe we need it, but if it is out of sight, out of mind then we are probably fine without it.

3.  Scrap!  Many of us confess to being scrap shoppers.  We worked diligently to accumulate lovely collections of goodies and now is the time to dig in and use them all.  Shop less, but scrap more is the idea.  I better go alter a paper bag to breathe into -- pretty sure that I will need it for a few of those hyperventilating moments.  I can open my only package of this and that, right?

Wishing you a fabulous, and frugal, New Year,

 

 

 

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