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  • Superman syndrome: You don't need to be a financial hero

    Posted May 16 2008, 05:32 AM by Karen Datko

    This post comes from Trent Hamm at partner blog The Simple Dollar.

    When I was fresh out of college with my first high-paying job, I would insist on paying for everything -- meals out with friends, lattes at the coffee shop, even sometimes shopping purchases. I felt this deep need to step in, bust out my plastic and say, "I'll take care of it."

    The burning desire to always save the day led me down a path to a lot of debt.   Read More...

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  • Frugal or cheap? You decide

    Posted Oct 30 2007, 05:12 AM by Karen Datko Rating:
    We love a fun quiz, so we decided to go along when Lynnae at beingfrugal asked readers to play " Frugal or cheap? How would you rate each of the following situations? " Some of the 11 are easy, like reusing margarine containers to store food in the fridge. (We picked frugal.) How about these: "Leaving no tip for a waitress, because you can’t afford to tip." (Tacky. We picked cheap.) Or "serving leftovers when you have people over for dinner." (Tasty? It's frugal.) Is it frugal or cheap to regift a wedding present (it depends), or to ask "family members to chip in for Thanksgiving Dinner"? ( They're bordering on cheap if they haven't already asked.) Join the fun and play along with Lynnae, who writes, "The bottom line is, when your 'frugality' begins to impact other people in a negative way , it becomes cheap."
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