The Tightwad Gazette: Investment Purchase

Amy Dayczyn wrote The Complete Tightwad Gazette. I must admit that when I first read the book I was completely and totally overwhelmed. Fast forward ten years and I finally understand how frugality works.

I could go get a full time job but then a lot of the money saving things I do would go out the window. I've figured out that making $10 an hour would net our family very little extra income. (Part time is a whole different story). This is what works for me and my family - you have to make your own choices!

Anyway, on page 83, Amy D talks about:

The Investment Purchase and The Disposable Purchase

She was talking about an investment purchase in their family might include something that you could resell like an antique, as opposed to a disposable purchase which would be something like a can of tuna fish.

She stated "Disposable purchases are those things that we buy for short-term use, such as food, clothing, and entertainment. Certainly food is an investment in nutrition, but tuna fish provides a similar food value to lobster."

Whether you agree with her views or not about tuna vs. lobster is irrelevant. What's important here is the concept. In our family, we have chosen to increase our food budget even though it's a disposable purchase because we found that we wanted to invest in our local farmers and ranchers. We've chosen to eat more protein and fewer starches because our bodies are an investment and I feel a million times better the way we eat now.

It takes time to make these decisions. If you go through life from one emergency to the next, you'll never have time to make the correct choices for your family.

Where are you going to get this time? The best advice I have right now is to buy and read the e-book called Tell Your Time. My advice would be to stop wasting time on unimportant things...now you see why I refer you to someone else! I cannot believe I actually bought an ebook, but that is a whole different post.

If you are new to reading Amy D. and The Tightwad Gazette, I would check it out from the library and read bits and pieces at a time so you don't get overwhelmed.

Are you spending your money INVESTING in your life?!?
This post has been linked to:
11th Heaven's Homemaking Haven

** Disclaimer: if you click on Tell Your Time from this website I'll get a bit of money.