Comments on: Frugal Vs Frugal http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/ Tue, 07 Feb 2012 18:14:07 +0000 hourly 1 http://wordpress.org/?v=3.1 By: tom venner http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-10109 tom venner Fri, 12 Sep 2008 14:27:29 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-10109 My wife and I probably average about $100 a week on groceries ($4800/yr). We look trough flyers to find items we buy regularly on sale, but do not scrimp on produce in particular (don't like the quality at no frills, price chopper etc). My wife and I probably average about $100 a week on groceries ($4800/yr). We look trough flyers to find items we buy regularly on sale, but do not scrimp on produce in particular (don’t like the quality at no frills, price chopper etc).

]]> By: Market Correction, Web Hosting and Weekend Reading - Sept 12, 2008 | Million Dollar Journey http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-10100 Market Correction, Web Hosting and Weekend Reading - Sept 12, 2008 | Million Dollar Journey Fri, 12 Sep 2008 10:31:25 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-10100 [...] Canadian Dream responds to my expenses summary with a comparison to his own expenses in the article “frugal vs frugal.” [...] [...] Canadian Dream responds to my expenses summary with a comparison to his own expenses in the article “frugal vs frugal.” [...]

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9672 Canadian Dream Mon, 08 Sep 2008 12:11:53 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9672 Dave, The reason my payments are where they are at is I really don't need to pay it off any faster. Other than a couple extra payments in the next 15 years it will be gone when I pull the plug at 45. So that leaves me time to start doing some selective stock purchases and start some DRIPs. Then if I can't find anything I want to buy I can just pay off the mortgage faster. Tim Dave,

The reason my payments are where they are at is I really don’t need to pay it off any faster. Other than a couple extra payments in the next 15 years it will be gone when I pull the plug at 45.

So that leaves me time to start doing some selective stock purchases and start some DRIPs.

Then if I can’t find anything I want to buy I can just pay off the mortgage faster.

Tim

]]> By: Dave http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9441 Dave Sat, 06 Sep 2008 00:21:03 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9441 I don't see how paying less on your mortgage has anything to do with being frugal. I was actually surprised by how little Mortgage is costing you per year. What is your reasoning for this? I am currently going very aggressively at my mortgage so I'm doing $750 P&I per week. But I see myself as frugal on many other items, but definitely I could not match your frugalness!!! I don’t see how paying less on your mortgage has anything to do with being frugal. I was actually surprised by how little Mortgage is costing you per year. What is your reasoning for this? I am currently going very aggressively at my mortgage so I’m doing $750 P&I per week. But I see myself as frugal on many other items, but definitely I could not match your frugalness!!!

]]> By: » Are we qualitatively different? Early Retirement Extreme: Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9371 » Are we qualitatively different? Early Retirement Extreme: Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity Fri, 05 Sep 2008 14:33:53 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9371 [...] is interesting, when one is comparing budgets like frugal vs frugal or when comparing food expenses. It is very likely possible to establish several classes of [...] [...] is interesting, when one is comparing budgets like frugal vs frugal or when comparing food expenses. It is very likely possible to establish several classes of [...]

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9362 Canadian Dream Fri, 05 Sep 2008 12:00:05 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9362 ERX (Jacob), I wasn't aware food was that much more expensive in general in Canada. Then again it has been a while since I've visited the US. Sarlock, Oh, yes that $300 does include soap, paper towel and other things like that. Technically yes, you are right I should only put the interest amount for an expense. In that case we would currently be at about $7050 for interest in a year. So my yearly grand total drops to just over $34,000. Mike, I'm already working out a draft for next week. This should prove to be interesting. Tim ERX (Jacob),

I wasn’t aware food was that much more expensive in general in Canada. Then again it has been a while since I’ve visited the US.

Sarlock,

Oh, yes that $300 does include soap, paper towel and other things like that.

Technically yes, you are right I should only put the interest amount for an expense. In that case we would currently be at about $7050 for interest in a year. So my yearly grand total drops to just over $34,000.

Mike,

I’m already working out a draft for next week. This should prove to be interesting.

Tim

]]> By: Four Pillars http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9308 Four Pillars Fri, 05 Sep 2008 03:40:02 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9308 Awesome comparison - I'd love to do something similar except that we don't track our expenses all that closely. I'd be interested in more frugal food posts for sure! Mike Awesome comparison – I’d love to do something similar except that we don’t track our expenses all that closely.

I’d be interested in more frugal food posts for sure!

Mike

]]> By: Sarlock http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9289 Sarlock Fri, 05 Sep 2008 01:36:52 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9289 It's very impressive. So far this year we have spent over $6,500 to the end of August for a family of 3. This combines food and household items (soap, toothpaste, etc). Our annual expenditure lands around $55-$60k per year. Do keep in mind that part of your mortgage payment is principle, if you haven't backed that out. Only the interest is a "true" expense item. It’s very impressive. So far this year we have spent over $6,500 to the end of August for a family of 3. This combines food and household items (soap, toothpaste, etc). Our annual expenditure lands around $55-$60k per year.

Do keep in mind that part of your mortgage payment is principle, if you haven’t backed that out. Only the interest is a “true” expense item.

]]> By: Early Retirement Extreme http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9287 Early Retirement Extreme Fri, 05 Sep 2008 01:21:18 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9287 Yeah, that food expense level is pretty good for a Canadian, right? I hear food is very expensive up there. Yeah, that food expense level is pretty good for a Canadian, right? I hear food is very expensive up there.

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2008/09/04/frugal-vs-frugal/comment-page-1/#comment-9284 Canadian Dream Fri, 05 Sep 2008 01:15:56 +0000 http://blog.canadian-dream-free-at-45.com/?p=512#comment-9284 MGL, No, KD or dented cans, but everyone keeps asking questions like that and I keep trying to give answers, but it never seems to sink in. So I've talked to my wife and we are going to do a little bit more of an open examination of how we eat for the next month with some recipes. Hopefully that will help everyone else out. Tim MGL,

No, KD or dented cans, but everyone keeps asking questions like that and I keep trying to give answers, but it never seems to sink in.

So I’ve talked to my wife and we are going to do a little bit more of an open examination of how we eat for the next month with some recipes. Hopefully that will help everyone else out.

Tim

]]>