Monday, June 15, 2009

A Thrifty Trend Indeed

I'm back from a trip to Israel - and I might even blog once or twice this week in this blog. I had great fun visiting Family I haven't seen for 5 years as well as enjoying the excellent local cuisine. I was officially on a work related trip and I added a few vacation days to take positive advantage of the situation.

Back to the purpose of this blog.... writing to the void that is occasional internet stumbler expressing my opinions about being frugal.


No - money doesn't grow on that tree either

I once again would like to reiterate what this blog is about. Much like my former blog - this blog is not about being Cheap. It is not about being stingy. It is about being fiscally concerned, hence the former title of the blog: "Not Cheap, Fiscally Concerned". I don't believe money should be stocked for the sake of keeping warmth at the bank or under the bed sheets. No - my approach to money and life is that it should be saved for actual needs and goals. Sure - being rich would be nice - but realistically - one would not get rich by stocking a few pennies each month. One does become cheap and annoying in his attempts.

So one may choose a different path. A path to save a buck - to enjoy that buck - or to put it to practical use. One can be concerned, even seem cheap - however once that saved-buck has a purpose, it is easier to keep focused.

Therefore, we become thrifty. We seek ways to keep as much of our hard earn money close to us. And at this point in time, many are following this trend. There is a definite trend to tighten the buckle, to be more thrifty.

It is easy to find relevant news items in harsh times. As the following small recent list of headlines suggests:

Will western society continue this thrifty trend once supposed prosperity does peek through? Politically motivated financial pundits claim these days that prosperity is no where to be seen in the near future. If you take their word - then the trend will continue.

Speaking of economic perspectives, since there is a recognized thrifty trend, will only the end of this trend signify an end of the recession? I believe growth is possible even in frugal times. Simply more tame and sane growth, not one that relies on the public sinking to unmanageable debt.

We should all learn to live in our times. Within our means. Overcome the debt mountains, and live richly, following the thrifty trend.

Cheers!

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