tag:blogger.com,1999:blog-8242926316765633205.post5536554456823936310..comments2024-03-17T04:14:44.845-05:00Comments on Frugal Scholar: Overheard at the Food Bank Thrift Shop: Demographics High and LowFrugal Scholarhttp://www.blogger.com/profile/12696815672500452503noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8242926316765633205.post-4265659630517792692011-01-20T10:00:52.545-06:002011-01-20T10:00:52.545-06:00@Jane--I find stuff like that thrilling. Good luck...@Jane--I find stuff like that thrilling. Good luck in reaching your goal.<br /><br />@hostess--I felt like that exactly. How can people be so close to the edge?<br /><br />@Duchesse--LA has always been known for lifestyles built on illusion--more recently, I think, all parts of the country succumbed.<br /><br />@Terri--I can't believe a banker told you that. Is he still working for the bank?<br /><br />@FB-I don't think it's scamming if you lost your income.<br /><br />@nicole--I have the same ambivalence. Scary stuff.<br /><br />@Sewing--That's kind of like a section in the Millionaire Next Door. the authors discuss the fact that auctioneers are often very frugal--they see how cheaply things sell when the owners are forced to liquidate.Frugal Scholarhttps://www.blogger.com/profile/12696815672500452503noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-24797671550675228522011-01-20T00:15:11.853-06:002011-01-20T00:15:11.853-06:00My husband's family used to own a Cadillac dea...My husband's family used to own a Cadillac dealership, and I can totally relate to this post. Lots of people buy cars that are way beyond their means, and, as we have seen, they buy houses, too. I don't understand it, but then, I was reared by depression-era parents of Scottish ancestry. As for my husband, having been in the business, he's even less willing to shell out big bucks for a car. He knows how much value is lost the minute one drives it off the lot.SewingLibrarianhttps://www.blogger.com/profile/09884510117234994583noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-72048935862635694122011-01-19T16:12:32.340-06:002011-01-19T16:12:32.340-06:00There's been anonymous moms on forums I've...There's been anonymous moms on forums I've been on... worried about driving their Lexus SUVs into the local food bank. They never saved for a rainy day, bought too much house etc, and someone lost their job. And they need to feed their children. I definitely feel for them, but at the same time wish they'd thought to save more or not over-extend when they were making huge 6 figure plus salaries. It's hard to replace a huge salary and no guarantee that it will always be there.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-88402430068777102672011-01-19T12:36:42.071-06:002011-01-19T12:36:42.071-06:00That is amazing. And they're not scamming the ...That is amazing. And they're not scamming the system??FB @ FabulouslyBroke.comhttps://www.blogger.com/profile/12966672580040786485noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-84741997903024989112011-01-18T18:59:39.745-06:002011-01-18T18:59:39.745-06:00Years ago, when I was preparing to purchase my fir...Years ago, when I was preparing to purchase my first car I asked my banker what percentage of my salary I should use as a guidepost in car-shopping. I was floored when he said 40%! Needless to say, I did not spend that much, but it did cause me to ponder the difference in values. Some spend their money on housing, some on flashy transportation, some on books, some on clothing, some on eating out, etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-39287284898209654372011-01-18T18:13:47.966-06:002011-01-18T18:13:47.966-06:00So often a prosperous looking life is built on a p...So often a prosperous looking life is built on a precarious dependence on credit. One of my friends was a CA in LA. He told me, "My clients don't care what it costs ,they only care whether they can handle the payment".Duchessehttps://www.blogger.com/profile/09986153653120526776noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-52919086760783890792011-01-18T17:28:50.985-06:002011-01-18T17:28:50.985-06:00My heavens that's shocking and scary...
what a...My heavens that's shocking and scary...<br />what a wake up call.hostess of the humble bungalowhttps://www.blogger.com/profile/06453827257671312902noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-89721896948986433742011-01-18T16:58:04.897-06:002011-01-18T16:58:04.897-06:00Working on it. I have joined a February challenge ...Working on it. I have joined a February challenge - a NO Spend month with all extra $$ going to pump up the EF! I don't have to worry about job loss, like a lot of people, but I don't want my budget KO'd by a big repair - car or household so this is a HUGE goal.Janehttps://www.blogger.com/profile/02803104035204416080noreply@blogger.com