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Frugal overspending is still overspending

Posted Aug 08 2008, 02:08 AM by Donna Freedman
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After a recent yard sale foray, I needed to squeeze what I'd bought into my gift closet. My "closet" is actually a big cedar chest bought for $15 at yet another yard sale. Because I'd been tossing stuff in higgledy-piggledy, I couldn't fit the new stuff in without reorganizing the stash. When I did, I was a little surprised to find out just how much I had.

Hardbacks bought at the dollar store (yes, they're by legitimate authors and no, there wasn't a mark on them) and at yard sales, plus quality fiction picked up for as little as 40 cents from the university bookstore's clearance table. Games, coloring books and a really cool fire truck bought pennies on the dollar a few months after Christmas. Unopened book-toy combos that cost as little as 50 cents at garage sales. Washable markers that were free after a drugstore rebate. Art card sets, gorgeously scented spa items, a craft kit, picture frames, candles -- all of it cheap. I felt like a frugal Santa Claus.

Once the lid was closed, barely, I congratulated myself for being all but finished with my holiday shopping, and for having enough kids' gifts to see my great-nephews through three or four more years of Christmases and birthdays.

I'm somewhat concerned, though, that I obtained all these things without being fully aware of how much I had.

Nothing succeeds like excess
I've written before that the trouble with yard sales and dollar stores is that things are too cheap. It's easy to overdo it and wind up with things you don't necessarily need. But if I see a set of pick-up sticks for 5 cents at a yard sale, well, why not buy it?

This particular time, it worked out: A young relative who's visiting this week was very excited to learn that I had pick-up sticks. A nickel to make him happy -- am I going to miss a nickel?

But when do I stop? That young man's mom might want to hit yard sales this weekend. Suppose I see killer prices while I'm ferrying her around. It's likely I'll be tempted when, after all, it's only a quarter.

Yet why buy it if I don't need it? Don't I already have enough?

Because it's hard not to buy at those prices, that's why. These days you can't buy much with a quarter, so the idea of getting an article of clothing or a book for two bits is very satisfying.

Yet that's the kind of attitude that could get a person in trouble. I'm afraid I might wind up with a house full of toys, books and fancy bath salts -- and there are only so many special occasions in a year.

There's also the cost factor. A quarter here, 50 cents there -- before you know it you've got some serious money stashed in a cedar chest in your living room.

Put it down and walk away
The big question: Will I stop buying?

Sometimes it's an easy choice, as with the dog statue I found at a yard sale for a quarter. Cute, yes, but I didn't have anywhere to put it and, more to the point, I didn't need it. I put it back.

It's harder to be smart when I'm looking at books. Many, many times I've had to remind myself that I don't have any more room for books, that I should be giving books away rather than buying them, and that if I really want to read that particular book, I can get it from the library.

Ditto children's toys, clothes and books. I'm discovering how easy it is to get carried away when young children are back in your life. When I see games or book-and-toy combos still shrink-wrapped at yard sales for 50 cents, the grandma gene is activated. I'm suffused with the urge to give presents to my great-nephews every time I see them, plus five or six gifts apiece for birthdays and Christmas.

Of course, I just answered my own question. The fact that those toys were never opened means that somebody else's kid received way too much. Imagine having so many things that you never got around to playing with them.

Right now, I'm imagining a gift closet that never empties. I'm imagining my great-nephews in college and me struggling to close the lid on a cedar chest full of "Go, Diego, Go!" checker sets and Maurice Sendak books. I'm also imagining the kind of monsters I'd be creating if these kids started to expect a gift every time they saw me.

Overspending at a yard sale may be cheaper than rampaging through malls with a credit card, but it's still overspending. I need to get a handle on it. That doesn't mean I can't spend money. I just want to spend it on things that matter.

Comments

 

what a waste of time this article was

for shame Donna

Donna

normally I love your articles, but not this time.

OK, now you are bordering on OCD disorder.  Here's an idea...if you don't need anything, don't go to yard sales.  Then you won't lose sleep over the 25 cents.

Great article.  It's not about the money, it's about the stuff and that there's a cost to having too much of it. Also, for those that would throw away a quarter or a dollar, remember that nearly a billion people in the world survive on a dollar or less a day..

People do get kids too many gifts.  At Christmas and on birthdays we get our kids 2 or 3 things and they are always happy.  My parents on the other hand go CRAZY and try to buy them hundreds of dollars worth of stuff.  I finally had to ask them to tone it down because we didn't have any more room for so many things.

Donna, to put this in perspective, they don't all have to be given as gifts.  If there's more books and toys than the kids can handle, give some to toy drives, Salvation Army to sell in their stores, or women's shelters.  Lots of places would be happy to have them.

It is good to be aware and cautious of what you spend, even if it's just a nickel here and a quarter there.  As you are already aware, that stuff adds up.  However, don't beat yourself up over all of those bargains.  Remember, anything you decide to not pass on to the children could be donated to toy drives so that less fortunate kids could get some enjoyment.  Your money won't be wasted.  Just make sure that things like markers aren't sitting in there for too long, as they can dry out!

I can relate. I am doing the same thing, only it takes more space than a cedar trunk!

It helps to keep a list of what you have on hand for gifts.

Thanks.

"for shame Donna"

"For shame"?  It's a blog.  Chill out.

Okay, I get that there's always something to worry about but jeeze, what's the big deal?  You have a space limitation (the toy chest) and as long as stuff fits in there you're fine.  It's not costing you much money and you do give those gifts away and not hoard them.  If you're so worried about "overspending" put a monthly limit on yard sale purchases.

I think you're either running out of ideas to write about or becoming too frugal. You know, the type of frugal that thinks 25 cents for a book at a garage sale is too much.  If you're worried about spoiling your nephews or family then give the new items to a toy drive or donate the books to a school.  Personally I would be more concerned about the time I spend driving all over town to get these deals for a nickel that I could be using working another job.  But then again I have two jobs at 60 hours/week, volunteer three days a week and still manage to spend time with my family, albiet without the yard sale gift closet.  

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