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Save $50 a Day

March 14th, 2009 at 11:19 pm

There's a cool article in Kiplinger's Personal Finance magazine about how to save $50 a day in spending cuts.

Save $50 a Day (And Feel No Pain)." Kiplinger's Personal Finance. Mar2009, 63 (3) : 49-57.

Some of their tips were the old tried and true taking your lunch to work, paying off credit card debt, etc. Some were more innovating, like energy saving appliances, light bulbs, and fuel efficient cars. But the one about drinking Dunkin Donuts coffee instead of Starbucks kind of got me. How can they suggest that paying a little less for coffee by going to Dunkin Donuts is frugal? They don't even mention the possibility of taking your own hot java to work in a thermos or filling up at the office coffee pot. Weird.

2 Responses to “Save $50 a Day”

  1. momcents Says:

    I was generally unimpressed with the article, having read it hoping for something "new". I guess if you aren't frugal by nature or habit or a "wannabe" frugal, maybe it will shed some light on foolish spending.

  2. baselle Says:

    Ah young frugal grasshopper, please remember that any magazine makes money by ad revenue, and Kiplinger reports on the US economy. If Kiplinger's told you to buy nothing and you took that advice, where would they be? No one would advertise anything on the magazine or in the worst case, no one could advertise. They ultimately have to sell something, so they make the hedonic adjustment. Hence Dunkin' Donuts instead of Starbucks.

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