"I went to the bank and reviewed my savings, I found out I have all the money I'll ever need. If I die tomorrow." --Henry Youngman
Is that quote applicable to any of my Pointe readers? It's applicable to me.
Not to sound so cliche´, but with the economy behaving the way it has, I have started to take an interest in trying to be more frugal.
I'm sure my frugality has always been there, lurking and waiting for the opportune time to show itself. I just kept beating it back with my newer-is-more-awesome mentality.
Part of my new found frugality has been somewhat voluntary via credit cards while the other part has been completely voluntary.
First, the semi-voluntary frugality. Not too long ago I had only two credit cards and I liked it like that. Then one day I had some unexpected truck and cat bills so before I knew it I had $1100 on one credit card. "That's fine" I thought to myself until I had another $1085 pop up which ended up on my least favorite card, American Express.
Well, right around the same time as my $1085 charge my statement came from my other credit card and I noticed something had changed. My APR had drastically increased despite not ever being late on a payment. After calling the company and asking for a reduction I was refused with the excuse "We're doing this to all our customers". Well isn't that dandy?
I did the only thing I could do and that was to apply for another card with a zero percent interest rate for nine months. I was accepted and immediately did a balance transfer.
This was all a couple of months ago and I'm currently sitting at $465 on my American Express card and about $1070 on the new card. Reason being is that I'm only making minimum payments on the new card as it is only zero percent and paying big chunks towards the Amex card. Once that is all paid for come the beginning of October then it's time to put big chunks of money towards the new card starting in December. I should be done paying off that new card in February.
What warms my heart about all this (besides being out of debt) is that Amex just sent me a statement letting me know that they are upping my APR as well because of the economy, not because of any fault of my own. Luckily, that doesn't kick in until the beginning of October by which point the card will be paid in full. Suck it American Express!
So, because of my "financial discipline" in my desire to pay off my cards as quickly as possible I started looking for ways to save more money. Surprisingly I found a money saving idea right in my very own vintage cookbooks.
I own a vintage set of cookbooks from 1968 titled "Favorite Recipes of America" and each book is divided by category (there are five total). My money saving book is the one dedicated to casseroles.
I've never made casseroles up until this point and I wasn't sure if I would care for them much considering I did not come from a casserole making family and my exposure to casseroles was minimal at best growing up. But, I figured that making a casserole would save me money in the long run as many of the ingredients are multi-use and The Hubby and I could live off of the casserole for at least three days, thus avoiding going out to lunch at work and having to make dinners for at least a couple of nights.
So far my plan has worked out beautifully and the casseroles are stupendous. I should really post some of the recipes on The Pointe.
How are you trying to save money?
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