Comments on: The Choices We Make http://frugalbabe.com/2008/04/16/the-choices-we-make/ A rich life without a lot of money Fri, 25 Jul 2008 08:30:18 +0000 http://wordpress.org/?v=abc By: Christina http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20857 Christina Sun, 27 Apr 2008 01:44:31 +0000 http://frugalbabe.com/?p=308#comment-20857 You've done your homework! I recently opted to become a stay-at-home mom, and let me tell you - it's the BEST. My new "job" is to raise our kids and to make our dollars stretch as much as we can. I'm having a blast! Best wishes! You’ve done your homework! I recently opted to become a stay-at-home mom, and let me tell you - it’s the BEST. My new “job” is to raise our kids and to make our dollars stretch as much as we can. I’m having a blast! Best wishes!

]]> By: Mike http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20732 Mike Tue, 22 Apr 2008 18:03:37 +0000 http://frugalbabe.com/?p=308#comment-20732 Echoing the other comments here...great post! We've made a few different choices in our family, but many of the same. I remember people telling us we were crazy when we said that we didn't need much for the baby. We have expanded upon the bare minimum we expected, but are still getting by with much, much less than the suggested registry at Babies-R-Us (or similar) would have you believe is "essential". Keep up the good work and best of luck! Echoing the other comments here…great post! We’ve made a few different choices in our family, but many of the same. I remember people telling us we were crazy when we said that we didn’t need much for the baby. We have expanded upon the bare minimum we expected, but are still getting by with much, much less than the suggested registry at Babies-R-Us (or similar) would have you believe is “essential”. Keep up the good work and best of luck!

]]> By: FrugalBabe http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20729 FrugalBabe Tue, 22 Apr 2008 16:28:23 +0000 http://frugalbabe.com/?p=308#comment-20729 Kris, the tax write-of is great, but we're spending about $800/month in interest on our house right now. In a 25% tax bracket, that means we save $2400 on our taxes. Still puts us $7200 in the hole for the year. I'd rather not pay the interest at all, and pay taxes on the money instead. Kris, the tax write-of is great, but we’re spending about $800/month in interest on our house right now. In a 25% tax bracket, that means we save $2400 on our taxes. Still puts us $7200 in the hole for the year. I’d rather not pay the interest at all, and pay taxes on the money instead.

]]> By: kris brown http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20727 kris brown Tue, 22 Apr 2008 15:46:53 +0000 http://frugalbabe.com/?p=308#comment-20727 Seems you have your priorities straight, BUT why would you get rid of your most valuable TAX write off (your house)especially since taxes are doomed to be higher? Seems you have your priorities straight, BUT why would you get rid of your most valuable TAX write off (your house)especially since taxes are doomed to be higher?

]]> By: Bryce http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20716 Bryce Tue, 22 Apr 2008 02:23:56 +0000 http://frugalbabe.com/?p=308#comment-20716 This is a great post. I like your grasp of living in an affordable house along with the fact that the payments of a fixed rate mortgage become more affordable as time goes by. Your living style is inspirational. Thanks for sharing. This is a great post. I like your grasp of living in an affordable house along with the fact that the payments of a fixed rate mortgage become more affordable as time goes by.

Your living style is inspirational. Thanks for sharing.

]]> By: foreclosurefish http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20679 foreclosurefish Mon, 21 Apr 2008 15:39:21 +0000 http://frugalbabe.com/?p=308#comment-20679 Great post, just too bad that so few people have the good financial habits that your family has. Living within your means, being debt-free, and enjoying the freer finer things in life can be so rewarding. And when you skimp on thing that are luxury items, you can afford to pay for insurance on the things that matter the most: your health and your life. Keep up the good financial habits! Great post, just too bad that so few people have the good financial habits that your family has. Living within your means, being debt-free, and enjoying the freer finer things in life can be so rewarding.

And when you skimp on thing that are luxury items, you can afford to pay for insurance on the things that matter the most: your health and your life.

Keep up the good financial habits!

]]> By: Momma http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20677 Momma Mon, 21 Apr 2008 14:56:34 +0000 http://frugalbabe.com/?p=308#comment-20677 The internet ate my comment! Great post. I came over from the COPF hosted by The Happy Rock. I'll be adding you to my blogroll. The internet ate my comment!

Great post. I came over from the COPF hosted by The Happy Rock. I’ll be adding you to my blogroll.

]]> By: Momma http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20676 Momma Mon, 21 Apr 2008 14:53:37 +0000 http://frugalbabe.com/?p=308#comment-20676 Great Post! I haven't read your blog before and came over from the Carnival of Personal Finance hosted at The Happy Rock. I'll be adding you to my list! Great Post! I haven’t read your blog before and came over from the Carnival of Personal Finance hosted at The Happy Rock. I’ll be adding you to my list!

]]> By: hank http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20659 hank Mon, 21 Apr 2008 04:08:50 +0000 http://frugalbabe.com/?p=308#comment-20659 I really agree with: We don’t skimp on things that really make a difference. People thing that if you're frugal, that you don't pay for things you NEED and/or scrimp on them. This is a very good point. The whole post was good, but this part especially. :) I really agree with: We don’t skimp on things that really make a difference.

People thing that if you’re frugal, that you don’t pay for things you NEED and/or scrimp on them. This is a very good point. The whole post was good, but this part especially. :)

]]> By: Frank Smit http://frugalbabe.com/2008/04/16/the-choices-we-make/#comment-20643 Frank Smit Sun, 20 Apr 2008 10:37:30 +0000 http://frugalbabe.com/?p=308#comment-20643 Great post! Not only does living a wise Financial life allow you to quit working if you desire, but it also simplifies your life and makes you more capable of enjoying it. what I would do is keep the mortgage as long as possible, and paying of as little as possible. Instead of building a retirement/pension fund, I created my own 'retirement fund' by investing in diversified portfolio's. This allows me more flexibility. As soon as I hit 100k+ in this account, I will never have to work again if I would desire that. thanks for posting & have a great day all Great post!

Not only does living a wise Financial life allow you to quit working if you desire, but it also simplifies your life and makes you more capable of enjoying it.

what I would do is keep the mortgage as long as possible, and paying of as little as possible.
Instead of building a retirement/pension fund, I created my own ‘retirement fund’ by investing in diversified portfolio’s. This allows me more flexibility. As soon as I hit 100k+ in this account, I will never have to work again if I would desire that.

thanks for posting & have a great day all

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