Tag Archives: Thrift

Happiness is a Positive Cash-Flow

Would it surprise you to learn that my husband and I do not give each other gifts at Christmas? Or birthdays? Instead, we give ourselves the gift of living debt-free. We made this decision when we semi retired. We give gifts to family members and donate generously to charities. We decorate and bake Christmas goodies and swap them with neighbors. Some years we buy something for the house that we both would enjoy such as a small appliance or furniture, but in general we are content with what we have. The important thing for us is that we pay as we go.

Many seniors will never have a comfortable retirement because they carry more debt than they can handle. While the media drives everyone’s attention to what we should be outraged about, I pay attention to financial newsletters. The pensions promised to retirees are in a precarious situation. This is the time for wise seniors to reduce their debt-load or get out of debt completely. A good way to start is to reduce the family’s expectations around Christmas. No more striving for “the Wow! factor” in gift-giving or at least limit the number of them. Almost every senior I know is nostalgic for the Christmases of their childhood when times were tougher and gifts were more meaningful.

Refrigerator Hoarding

Today is a refrigerator triage day. Everything must come out and justify its existence to me or out it goes. This is the only area where I seem to manifest a hoarding behavior. I tend to see left-overs as a potential soup, quiche, or casserole ingredient and thus I have congestion in the fridge. I know a lot of people these days throw out leftovers, but I come from a time and a place where frugality was necessary. It is also the sign of a creative cook to know how to incorporate these ingredients into a delicious second life.

I have stuff in the fridge that I have kept for the same reasons other people keep non-food stuff. For instance, I have two quart jars of homemade pickles given by a friend who preserves garden produce.¬† I need that space and I know it would take my husband and me three years to use up those two quarts, so out they go. But maybe first I’ll save some of it in smaller jars. My thrift sense kicks in along with an appreciation of the friendship.

Another reason I have kept some of the items is I paid good money for them. I sometimes see an interesting recipe online and bookmark it, but I lack an ingredient or two so I add them to my shopping list and purchase them. The trouble is, my memory doesn’t retain the purpose of the product so I end up with mystery ingredients. I need a system to link food purchases with the recipe they are intended¬† for.