Comments on: Money Saving Techniques That Work & Don’t Work

By: Candy Dish: Taylor Lautner Doesn’t Want to Be Shirtless : College Candy

Candy Dish: Taylor Lautner Doesn’t Want to Be Shirtless : College Candy — Tue, 27 Oct 2009 22:01:52 +0000

[...] These things will NOT help you save money. [...]

By: The Carnival of Personal Finance #228: Halloween 2009 Edition | Money Crashers

Mon, 26 Oct 2009 11:34:53 +0000

[...] reveals to us Money Saving Techniques That Work & Don’t Work. This is a list of ways to save money that simply make no [...]

By: pfincome

pfincome — Fri, 23 Oct 2009 10:23:48 +0000

@Studenomist – “cold turkey” has never worked for me and doesn’t work for other people I know who have tried it.

By: Studenomist

Studenomist — Fri, 23 Oct 2009 05:06:48 +0000

@Jesse Good point. Too often do people view eating out as this horrible financial thing. If you want to relax with your family while someone else prepares the meal then it’s the perfect option.

@pfincome “cold turkey” simply does not work for personal finance or dieting. If it has worked for you then please share with us.

@Kyle hmm interesting. Never heard of the 1 day for every $10 theory. How/when has it worked for you?

By: Kyle

Kyle — Fri, 23 Oct 2009 04:04:48 +0000

I’m big on the delayed purchase concept. I don’t do it as much as I should, but I like the idea of waiting 1 day for every $10 you’re planning to spend. Now this might not work for everything, big tickets items might need to be 1 day for every $50, but it’s not a bad rule to try.

By: pfincome

pfincome — Fri, 23 Oct 2009 01:50:38 +0000

I think you hit it right on with going cold turkey. It almost never works.

Great picture by the way! Go Blue!

By: Jesse

Jesse — Thu, 22 Oct 2009 15:39:52 +0000

I totally agree. I tried cutting out everything and just backfired. My wife got mad and we fought often about money. That lasted about a week, then we decided there were things worth cutting out and worth keeping. I now choose value over dollar. If we value eating out or doing fun activities with the kids, it’s worth the cost.

Great post.