Why should we care how much he saved on toothpaste?
Posted
Jun 26 2008, 06:30 PM
by
Karen Datko
Rating:
It goes without saying that whenever personal-finance bloggers write about how much money they saved on shampoo or toilet paper and other mundane stuff, someone thinks -- and sometimes writes -- "Get a life."
Why think about -- or take the time to find -- a $1 savings on a tube of toothpaste? As Kevin at No Debt Plan succinctly says in a post called "2 reasons you should care about my toothpaste savings," it's not just about the toothpaste. It's about "your money-spending life."
Kevin recognizes that a lot of folks don't understand frugal living. "Saving $1.19 on a $2.19 tube of toothpaste may not seem like much to you," he writes. "For the average person, if saving that amount of money required any amount of work, they just pass it by."
Why should they care? Read his post to get the full benefit of his reasoning. But it boils down to this:
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Thinking about small savings indicates you've changed your attitude about spending and saving -- for the better. You're probably now considering an emergency fund or a retirement goal.
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Looking for value when you spend won't stop with the little things. Kevin writes, "Now you are on the lookout for other places where you can save money."
"This is just another weapon in your arsenal to defeat debt and create wealth," Kevin says. "... Just another tool to help you get across the finish line."
