Student Loan Help

Why spend today, what you can save tomorrow?

Have you ever been called a penny pincher? Have you ever been told you are tight with the wallet or are just plain cheap? If so, you’re probably getting the last laugh right about now. With the economy in a state of purgatory and the cost of gasoline and commodities on the rise that nest egg you saved yourself is coming in mighty handy these days I’m sure.

Anyone still around from the Great Depression Era knows how truly bad it can be, and is frugal beyond belief. They mastered the art of saving, unlike today’s generation. The only thing kids save nowadays is their game of Halo.

Well, Dr. Dave is writing you a prescription to be frugal and I want you to follow it to the letter. Now I know what you’re thinking, I can’t just stop spending money cold turkey. Actually, on a sidebar what does that metaphor even mean? I eat cold turkey everyday for lunch. I LITERALLY can’t stop cold turkey, I love it! Anyway, back to you. Take baby steps if you must. No excuses people!

Here are some excuses you’re probably scheming right now: All my friends go out on Friday night, I don’t want to be the only one. I deserve those pair of shoes; they’d look so good on me. I work hard and I want to play hard. My personal favorite – everyone’s doing it. The list of excuses is endless, but your bank account isn’t. I’m not saying become a hobbit, but it’s ok to tell your fiend, “I just don’t have it.”

You don’t need to keep up with the Jones’ to be cool. A penny saved is a penny earned (or at least ¾ of a penny earned with the current exchange rate). Don’t give into the peer pressure. Be your own person.

Next time someone calls you a penny pincher just smile back and say thank you, it’s good to see you recognize an intelligent person when you see one.