This lady spends $1 at a time.

Discussion in 'Teacher Time Out' started by TennisPlayer, May 14, 2009.

  1. TennisPlayer

    TennisPlayer Cohort

    Joined:
    Jul 11, 2008
    Messages:
    518
    Likes Received:
    0

    May 14, 2009

    http://www.komonews.com/economy/44730097.html
    It's an interesting idea! I know I feel guilty paying $15 or so for a couple of sandwiches, drink, and chips and the local sandwich places but I look at it as convenience if I'm low on groceries!
     
  2.  
  3. tb71

    tb71 Cohort

    Joined:
    Mar 17, 2009
    Messages:
    610
    Likes Received:
    0

    May 14, 2009

    I'm with you--not only is it more convenient, but by the time I bought everything to make the same sandwich I would have spent the same amount and had a mess to clean up. Of course, I'd probably have enough bread, etc for a sandwich the next day--but I know I wouldn't use it and it would just go to waste.
     
  4. Kindergarten31

    Kindergarten31 Cohort

    Joined:
    Jul 31, 2007
    Messages:
    500
    Likes Received:
    0

    May 14, 2009

    Since we have gotten no raises, I have been trying to cut back. I (we) do not have a debit card or check card. I do not put more than $5 in my wallet in the morning or carry my charge cards with me. It has stopped me from making all those quick stops on the way home for one little thing and spending $20 on a bunch of extra stuff. It is amazing on how much money I have been able to save by just doing that one little thing.
     
  5. peggy27

    peggy27 Cohort

    Joined:
    Sep 13, 2004
    Messages:
    552
    Likes Received:
    0

    May 14, 2009

    More power to her. We have also cut back and it is amazing what you can live without.
    We had a teacher at our school who bring her bread, meat, cheeses, and condiments and just kept them at school and made her sandwich everyday for lunch. She reminds me of this lady.
     
  6. Jem

    Jem Aficionado

    Joined:
    May 7, 2008
    Messages:
    3,544
    Likes Received:
    0

    May 14, 2009

    I think it's good to use a cash-only system, but this lady sounds like she's still figuring it out. She doesn't have a set budget, which is the first step to finances. She uses the cash out of her mother's home, but then when it's gone, she just goes to get more. If she did that once a month on a specific day, ok. But it sounds like her mother's house is just an ATM that dispenses 1's. And when she bought that sandwich and was upset at the price, why did she still get it? She says she has control over her spending, so she shouldn't be getting upset about the prices she's paying.

    And she said she's only doing this for a while, and then it's back to credit cards. That's not changing a lifestyle, it's modifying it for the moment. Publicity stunt, maybe?
     

Share This Page

Members Online Now

  1. Backroads
Total: 465 (members: 1, guests: 446, robots: 18)
test