Finances & Money

Best Frugality Posts from the Festival of Frugality #89

FILAM Personal Finance hosted this week’s Festival of Frugality, where my article “Cheap Clothes Aren’t Always a Value” was featured. The festival is collection of like-minded articles, in this case saving money and frugality, submitted by their authors.

Here are some of my favorite posts:

• My Wealth Builder examines the pros and cons of run-flat tires. I agree that flat tires are such low occurrences that the cost of these tires isn’t really justified. However, with some vehicles, you don’t have an option for regular tires, and you never know when that flat tire happens on a bridge at night. For me, I’m fine with regular tires, but for my wife, I wouldn’t really argue against run-flats. But then again, she has AAA.
• Christian PF asks whether we should really give to the poor. I left my own comment about my thoughts on this, but the basic question is whether we’re really helping by giving handouts to street beggars. I don’t give money, but if I have food, I’ll give it. I’ll let the shelters or larger charities assist with more financial necessities such as finding work or housing.
• GRACEful Retirement evaluates the differences between Thrift and Theft. Some people (even me) try to justify stealing in creative ways. That’s not thrift, it’s theft.
• The Wastrel Show mixes saving money and dieting in her article about a creampuff. I had to wait for a year to try a deep-fried Twinkie at the county fair this year, and it was excellent.