Mothering › Forums › Natural Family Living › The Mindful Home › Frugality & Finances › One of the biggest keys to saving money is..
New Posts  All Forums:Forum Nav:

One of the biggest keys to saving money is..

post #1 of 6
Thread Starter 
Patience.

This has be really illustrated to us the past few weeks and months. First with the van we bought. It's old but it looks good, runs GREAT and only cost us $2300, with NO repair costs needed. We looked for several weeks and most of the vans we looked at during that time were more expensive and in worse condition. DH wanted to just get something and quick, but I knew that we had plenty of time before the new one gets here and we needed additional room, so I made him wait until we found one that was better priced. And we did!

And the bigger one most recently, was a bunch of wood. DH loves to do woodworking/furniture building and wood can be really expensive. We don't have much money to spare on a hobby, so he's been looking for cheap stuff on CL and freecycle-when people tear down decks or sheds or whatever. He really wanted more, and our dog house really needs to be repaired. Finally, last weekend, a buddy of his tore down an old barn on his farm property. This resulted in EIGHT truck loads of solid oak. Split between DH, his buddy and a couple other guys, it means he should end up with about 2 truckloads of reclaimed wood, which with his schedule and plans is enough to last for several years. AND the guy also gave him the old aluminum siding he had sitting around, so repair the dog house with that, so he got free wood and the dog house gets repaired for free (the dog house is 3'X3', he made it a few years ago and the roof was recently severely damaged in a storm and needs to be replaced. The aluminum is perfect.)

These have just really showed me that with some patience, you can almost always find what you want for the price you can really afford. You just have to wait for the right deal to come along.

How have you experienced this? If we share stories, perhaps those who are trying to wait for the right deal to come along will be able to wait just a little longer and save the money they want to save.
post #2 of 6
I absolutely agree with this.

And it is so hard to be patient because we live in such a "now" culture. If we want something we are encouraged on all sides to buy it now. We have access to credit cards, personal loans, payday loans. There is no encouragement to be patient, save money, use cash, and wait for a good deal.

I am going through a big change at the moment: we just bought a house. We are having to buy a whole bunch of stuff for it: washer and dryer, a lawn mower, garden tools... Some of the things it is worth getting right now, like a washer/dryer and a lawn mower. Other things, like two new dressers, a medicine cabinet for the bathroom, gardening tools, a chicken coop... those things can wait. it is so easy to just dive right in and do it all right this very second, but I know that is the wrong way to do things. We will be haunting Craigslist and garage sales, looking for great deals on things that we can wait for.
post #3 of 6
Once we had built up a nice savings it is more exciting to increase that number than to buy new things. It was easier to spend when the money was never saved to being with.
post #4 of 6
Quote:
Originally Posted by happysmileylady View Post
These have just really showed me that with some patience, you can almost always find what you want for the price you can really afford. You just have to wait for the right deal to come along.

How have you experienced this? If we share stories, perhaps those who are trying to wait for the right deal to come along will be able to wait just a little longer and save the money they want to save.
Yup. We sold our small SUV first, then stuffed 3 kids (and carseats!) in the back of our little Geo Prizm for several weeks while hunting for a minivan. The right one came along for the right price, and there you go. Enough room for 4 kids in carseats.

Or hubby and his chainsaws (he might have bought one of his four chainsaws new, but certainly not all of them new!) and tillers and appliances and so on. He's the freakin' king of craigslist - we've found so many awesome things. Granted, we've had to sift through the crud and the "gimme gimme gimme" issues on our part to wait for the right thing, but it's so totally worth it when you find a fabulous, clean 13cf upright freezer for $35. Or when our fridge broke - we spent a weekend trolling the new-appliance stores, went home to think about it, hubby had the brilliant idea of seeing if the issue was covered under warranty, and the appliance repair guy was able to fix it for $200-some. Much less than a brand new side-by-side. Plus since we had the garage fridge as backup, the fridge in the kitchen dying was more of an inconvenience than anything - repair guy was actually happy about that so he didn't have to cobble together something to get our fridge going and risk breaking another part in that process. It's nice to be able to do our own thing in that regard rather than things being total emergencies.

Now to finally get our house on the market and sold so I can truly hunt for a rental in the new place - I keep finding little gems that keep renting out super quick (oh, like a 3 bedroom place in the country on acreage where the landlord doesn't mind the tenant gardening and that was 15-20 minutes from hubby's work - that was rented within a week, darnit). Alas, that whole thing is a pipe dream (getting the house on the market), but anyway.
post #5 of 6
Quote:
Originally Posted by jeteaa View Post
Once we had built up a nice savings it is more exciting to increase that number than to buy new things. It was easier to spend when the money was never saved to being with.
I agree with this so much. The more you save the harder it is to spend. It's just getting the ball rolling that is difficult.
post #6 of 6
I agree, but I'd have to include *discipline* with it. If you have no control of your finances in the first place, then there is nothing to save to be patient about waiting on/for.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Frugality & Finances
Mothering › Forums › Natural Family Living › The Mindful Home › Frugality & Finances › One of the biggest keys to saving money is..