Interesting Links for May 12, 2009

by Kevin on May 12, 2009

Yesterday I was in the grocery store buying a few items and Publix was packed. All of the check out lines had at least one person with a cart full of stuff in it. I settled into a line with two ladies in front of me.

The one that was checking out had a huge wad of coupons that the cashier was ringing up. I couldn’t see the screen to see how much money she had saved, but as she walked away with her cart the woman behind her seemed stunned.

“Wow, I didn’t know you could save that much money with coupons,” she said both to herself and to the cashier. “Oh yea honey, people come in here all the time with coupons from competitors, or from the internet. They save a ton of money.”

I laughed to myself. Maybe her life will change because of this one experience?

PT money asks, “Are You Obsessed with Money?

Tough Money Love talks about the Devaluation of the College Degree.

Being Frugal tells us to use the outdoors more often.

brip blap asks: early retirement or meaningful work?

Frugal Dad gives 14 fast ways to raise cash.

Cash Money Life wonders if you should contribute to a 401k without an employer match. Personally, I’d rather put the money into an IRA (Roth or traditional) because you can control the investment options.

Bible Money Matters has revealed an awesome re-design of his blog using Thesis. Check it out!

The Carnival of Debt Reduction is up at Man vs. Debt.

The Money Hacks Carnival was hosted by I Pick Up Pennies.

{ 4 comments }

Patrick May 12, 2009 at 7:39 pm

I agree with the IRA option, but you can only contribute up to $5,000 per person in an IRA, so if you want to invest more than that in a tax deferred retirement account, then putting it into a 401k is probably the best option for most people. 🙂

Kevin May 12, 2009 at 8:43 pm

@Patrick: Very true, although if there were two people that’s $10,000. That’s a lot of money to be socking away each year. For the person that can afford more — congrats, and yes the 401k would make a nice backup. But I’d max the IRA out first.

Mary May 13, 2009 at 12:39 pm

Loved your grocery store story. A few years ago I was redeeming a wad of coupons and a couple college age girls were commenting on my wedding ring. Then they saw how much I saved, one said to the other, “I guess if you save that much money every week on groceries you can afford a diamond like that!” I’d like to think I’ve repaid my husbands generous spirit many times!

Kevin May 16, 2009 at 1:31 pm

@Mary: Another great frugal story. Hey, maybe you convinced them to start using coupons or saving money… you never know.

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