The Fiscal Cliff and Frugal People
I hear the words"fiscal cliff" from many sources. Radio, internet, personal conversations seem to contain never ending references to these words. Now, I am not by any means, politically astute or financially savvy, so my musings and comments on the subject of the fiscal cliff are certainly not profound.
However, in my contemplation of the threatened fiscal cliff, I couldn't help but wonder if any of the powers to be have considered asking a frugal person for some advice on how to find solutions for this looming fiasco. Personally having been in debt and now not, I definitely prefer the latter. I wonder if those responsible for this looming fiscal cliff might not find it helpful to consider how frugal people live their lives?
For instance several of the principles that keep Husband and me from having our own fiscal cliff are the following:
We seek to not spend more than we make.
If we do not have the funds for something we want or would find beneficial, we do without.
Living with a budget brings freedom.
We seek to be good stewards of all that is entrusted to us.
Life is far more than material possessions.
We do not need every technological gadget available for a satisfactory life.
Self-denial and delayed gratification build character.
I for one, have been greatly inspired by the frugal people I know or read about. Just think what could happen if our "friends" in high places might spend some time checking out the frugalhacks blog roll!
4 Responses to “The Fiscal Cliff and Frugal People”
December 4th, 2012 at 9:00 am
So much use of the words fiscal cliff. Half the population is scared to death and the other is oblivious. Lets hope the result is in the middle of the two extremes and not at either extreme.
December 4th, 2012 at 9:01 am
Imagine living on a budget and not buying what you can’t afford!
December 4th, 2012 at 11:12 am
Amen! Well said.
While the hubby and I aren’t completely out of debt it is a goal. We practice some of the same things as you and your hubby, DL
We seek to not spend more than we make
We do without if the money is unavailable.
I think Capital Hill–could learn something from the savvy frugal hacks we know and love to read!
In response to Maryb– I agree with you on the 2 ideas behind the ‘fiscal cliff’ talk. The problem is people unwilling to educate themselves. The internet is widely available to most people now days. People would rather complain and grumble than to educate themselves, in my opinion.
I recently downloaded a free book from here at FH about the Fiscal Cliff. I don’t know if it’s still free–but I have it on my kindle and have read it already! good read.
…that’s my two scents worth, Pat
December 15th, 2012 at 12:46 am
Hi. I like the list of principles. I see people all the time that must have thrown their list out the window. And sadly there are lots of older couples who who are very frugal, but they unwittingly spend their money when they think they have no alternative, or people don’t offer to help them save their money. It’s not just my industry, but other things, too. Like cable TV, not that it’s a necessity, having outrageous prices and sometimes all it takes is a phone call to ask for a special price. I don’t like it when someone I care about spends a lot more money on something I would have sold them for much less. Check out my blog, and share with others if you’d like. Thanks.
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