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Thursday, February 26, 2009

Frugal?

My grandparents lived through the second world war and my parents were raised post-war. That's why they knew the value of hard work and they value the money they earned. And they succeeded! Now, even if my grandmother is in her eighties, she tries to account for every last cent that she spends, because she is aware that her nest egg could dry up.

We live in relatively more prosperous times. This has made our generation a bit (or a lot?) more willing in indulge in "wants" rather than "needs". It does not help that technology has come up with a lot of "must-haves"! With the worldwide recession, what should we do in order to fulfill our wants but still save some for an uncertain future? I'd only buy from sales if I absolutely, definitely have to! Which is, thankfully, not that often. :)

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