Frugality thead:work less, spend less

Nurses General Nursing

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I want to gear down now, work less, live on less. My dear departed Mom used to say "A penny saved is a penny earned ". That came from Poor Richard's Almanac she told me, Ben Franklin's collection of wisdom.

Many nurses are caught on the hamster wheel, working a lot and living high on the hog. They buy expensive cars, houses, boats, RVS on credit, go on pricy trips, and work like dogs to pay for it, one illness or accident away from financial distress.

You read on this site how many of us are burnt out. In real life I see that as well, and know more about my coworker's lives. I see a lot of expensive and wasteful habits out there.

This thread is for those interested in a simpler, less consumerist lifestyle. How can we enjoy life more, with more free time but less money? Spending less time at the nursing grindstone might relieve stress too!

I went to a relative's house recently, and it looked like they were auditioning to be on that hoarder show.

Yes, when you get rid of lots of STUFF that you really don't need and will never use, it is tremendously liberating!

Clutter makes me anxious, so it always feels good to pare it down.

Specializes in geriatrics.

Home ownership is not always a good idea. Sometimes planned savings along with investing will prove to be the wiser choice. All potential homeowners should carefully weigh the options of renting versus owning.

Specializes in NICU, PICU, Transport, L&D, Hospice.
I have a question for those who have gotten rid of their cable company. You still need the internet to get to Netflix, etc. right? so you have still have to pay something for the line. If you use your computer to view shows, etc. how do you know what's on and when? Can you still watch the news? If so, how? I do have Apple TV, and I've seen shows there. I'm really hoping to give up the hated cable company thieves, but not sure how to go about doing it. I admit we are not computer savvy at all, although manage to get around.

Love this thread! It's giving me inspiration to try and cut back and live "simply", although we are hardly spenders to begin with.

Thanks

:cat:

I don't really "watch the news" except on break at work where FOX is on the nearby tv.

I have subscriptions to the things that I prefer to read online, like my local and regional newspapers and a couple of national/international outlets.

I peruse things like the AP and Reuters, the BBC, and Al Jazeera.

I read links that other people provide, especially if it is from a source that I have never read.

I interact with friends and family on Facebook with my "smartphone" and get ideas for programming that I might enjoy. Then I download it using one of the various venues available for that sort of thing. I still have to pay the internet provider for that ability and it still seems to be too expensive but I live in AK where everything is expensive.

I do use Netflix. I watch a couple of ongoing programs on that site. House of Cards, for instance (although I am far behind and will watch the entire last season during the dark of winter).

It helps that I am not addicted to professional sporting events or teams.

In my view, reducing the cable television influence in our lives is a positive thing in most cases.

I don't really "watch the news" except on break at work where FOX is on the nearby tv.

I didn't know FOX was considered news. ;)

The news is so depressing these days. I could just do fine living ignorantly without TV and watch Netflix on my computer. That would save a few hundred dollars. Say... Anyone looking to buy a TV?

Oh my God yes. I love my tv. I do. I watch all kinds of crap. Right now I just watched the Mets get spanked by Miami.

ETA: I do agree with tmb, in theory. Then I do the opposite.

Oh, I'm not a fan of FOX news. Or chick flocks. I am a fan of sports.

Bottom line, I pay for cable. Dearly. :blink:

Oh my God yes. I love my tv. I do. I watch all kinds of crap. Right now I just watched the Mets get spanked by Miami.

ETA: I do agree with tmb, in theory. Then I do the opposite.

Oh, I'm not a fan of FOX news. Or chick FLICKS. I am a fan of sports.

Bottom line, I pay for cable. Dearly. :blink:

fixed.

(What? Chicks DO flock.)

Specializes in geriatrics.

Ignorance is bliss. The news is depressing and there's so many useless shows on cable. I can easily do without it.

I'm not sure how receptive this would be, but I'm a huge advocate for retiring abroad where your money will go further. Places like Thailand, certain parts of Europe, Mexico, Belize, etc. Many Americans do that. I convinced several older colleagues to do that as well and it's working very well for them. Ofc it's not for everyone though and requires you to have stashed away when you were younger. That, or you won the lottery.

I'm not sure how receptive this would be, but I'm a huge advocate for retiring abroad where your money will go further. Places like Thailand, certain parts of Europe, Mexico, Belize, etc. Many Americans do that. I convinced several older colleagues to do that as well and it's working very well for them. Ofc it's not for everyone though and requires you to have stashed away when you were younger. That, or you won the lottery.

My husband and I are visiting belize at the end of this year we fully intend to retire there two thumbs up.

Specializes in Geriatrics, Home Health.
Buying drinks at a coffee bar is a budget breaker. A lot of people do it every work day. $3.50 x 20 times a month is $70 a month.

I disagree. A 3.50 coffee every day can fit a budget just fine.

A few years ago I discovered a personal finance book called "Your Money Or Your Life." Unlike a lot of other books, it doesn't condemn Starbucks, manicures, or other indulgences. Instead, it encourages readers to track their spending, track their income, and prioritize. If you love skiing, travel, Starbucks, or shoes, find a way to fit it into your budget. A budget that leaves you feeling deprived is not one you will stick with.

Too bad Starbucks has pretty awful coffee. I just like their specialty drinks (especially Toffee Nut. If you haven't tried it, we are not friends).

I like McD's or Dunkin Donuts coffee more. And it's way cheaper. But Starbucks is closer, and I'm too lazy to drive.

Specializes in ER.

I agree, not a hat person. I'm a careful person about money, but I do have my indulgences. I enjoy snowboarding, good beer, etc.

My point is, a lot of people let money slip through their fingers. And the cultural norm has become a spendthrift lifestyle, using plastic, living lavish lifestyles beyond our means.

I see our $10 an hour CNAs loading up on expensive coffee bar drinks. $70 a month in coffee bar expenses is equal to an 8 hr day in wages for them. Heck, I see high school students do the same.

Our culture seems to have lost the ability to delay gratification. It's a big change from my parents, who grew up in the depression and scrimped and counted every penny.

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