The Salt Lake Tribune
Friday, March 27, 2009
The secrets of frugal families
Check out the finalists in The Arizona Republic's Thriftiest Family contest.
Read on, and you'll see some common characteristics of these and other frugal families:
— They don't feel deprived. They think being frugal is fun, especially when they're trying to drive down the cost of something they want or need.
— They put aside a set amount of cash each month for groceries, eating out, et cetera, and when the money is gone they stop spending.
— They wait until they have the cash to buy bigger things, such as a car, even if it takes years to save up with the money.
— They rarely or never go out to eat unless they have a coupon. Several mentioned buying Entertainment coupon books.)

posted by Lesley Mitchell @ 2:20 PM |

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About Lesley
   Lesley Mitchell has been a business reporter at The Tribune since 1997, covering real estate, the retail industry, personal finance and economic development. She's been a devotee of frugal living for more than three decades, starting when she was 8 and began washing cars (rain insurance anyone?) as a way to fund her goal of early retirement. A graduate of Utah State University's MBA program, Lesley, and her family, are dedicated to finding creative ways to save money, avoid debt and still have fun.
Feedback
   How do you and your family save money? Send an e-mail to lesley@sltrib.com.