One of my father’s secondary gifts for Christmas is the giant pile of papers and boxes left over after all of his grandchildren come to visit and open presents at his house.
He collects up all of these items and takes them out into his garage, which is heated by a wood stove. He has fresh kindling and fire boosters that will last him until spring.
He almost seems happy about the scraps of torn paper and discarded boxes, because he knows it will give him warmth through the winter months.
Environmentally sound? Perhaps not. Frugal? Absolutely.
The Financial Planning Flowchart This sums up a lot of basic personal finance device in one (fairly busy) diagram. This isn’t too different than the logic I use when addressing reader mailbag questions, actually. (@ businessweek)
How to Trade Your Gift Cards for Cold, Hard Cash When I receive gift cards, they’re usually ones I’ll actually use (I don’t think I’ve received a gift card for anything but my Kindle in many years), but this is pretty good advice for someone who gets a completely unwanted gift card. It’s important to remember that millions of dollars in gift cards go unused every year. (@ frugal nation)
How to Walk the Fine Line Between Treating and Spoiling Your Kids Limiting their gift count is the best strategy I’ve come up with. Get them cool things, but keep that number of cool things small. (@ time)
5 Splurges You Can (and Should) Allow Yourself I agree with the sentiment that if you go completely splurge-free it will be hard to maintain your financial goals. The ideas here are reasonable ones, too. (@ money ning)
True professionals don’t fear amateurs “When you’re upset that [amateurs] are busy doing what you used to do, get better instead of getting angry.” Absolutely. Someone that can do what you can do is an excuse to work harder and learn, not an excuse to rage. (@ seth’s blog)