Welcome to My Personal Finance Journey! If you are new here, please read the “About” or “First-Time Visitor” pages to find out more about us. If you would like to receive free updates on articles like this by email, then sign up here or you can subscribe to the RSS feed. Also, check us out on Twitter or Facebook. Thanks for visiting! Keep on learning!
Click here to enter my free $65.84 giveaway for a chance to win 5% of My Personal Finance Journey blog income and give another 5% to charity! Deadline to enter is May 31st, 2013.
The following post is by MPFJ staff writer, Catherine Alford. Cat is a freelance personal finance writer who blogs at www.BudgetBlonde.com.
I had my own little safe, and I kept a running total of the amount of money I had in it. My parents paid me $0.01 per page of every book that I read, so I spent my summers absorbing Nancy Drew, collecting the amazing fee of $1.00 per 100 pages, and putting it safely in my box. I never wanted to waste my money, and I liked counting it. I guess you could say that even as a young child in grammar school, I was pretty frugal. I just didn’t know to call myself that yet!
Argument #1: Yes, People Are Born Frugal
When my parents gave me $200.00 a month “allowance” during my college years, I never asked for more. I carefully planned how I was going to use it, and if I wanted to go on spring break, I used money that I earned from my own job to do so. This is not something they specifically taught me or expected of me. It’s just how I am. I never wanted to ask them for more than they gave me. Even today, I find it very difficult to accept help, even when I need it.
Argument #2: No, People Are Not Born Frugal
What Do You Think?
Share your experiences by commenting below!
***Photo courtesy of http://upload.wikimedia.org/wikipedia/commons/a/ae/Smooches_(baby_and_child_kiss).jpg