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Money and Finances
Reply to "Read Mr. Money Mustache for the first time"
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[quote=Anonymous][quote=Anonymous]Is Mrs. MM on board with wearing clothes until they fall apart? [/quote] This is what she wrote about it, granted it was 8 years ago. Maybe she spends more now. http://www.mrmoneymustache.com/2011/10/14/eliminate-your-dependence-on-foreign-and-domestic-clothing/ [quote] Between the ages of 25 and 29, I spent a LOT more money than I do now, even while I thought I was being frugal. We “only” went out to eat once a week, we biked to work 3 times per week (and carpooled the remaining 2 days), and we were saving quite a bit. But, after having “The Talk” with MMM (after minor arguments about some of my habits), I realized that my two big problem areas were books and clothing. The books part was easily resolved: I started using the library and in the process found a new love. The clothing part was a bit harder. I probably spent $50-100 per month, for several years, on this habit. When you add that up, it’s several thousand dollars of clothes and shoes that marched themselves into my closet. Now, you might be thinking “if you have enough money, why is that a problem area?” Well, it’s because we had a Goal. We wanted to be financially secure before having a child, to the point of BOTH of us being able to stop working to raise our child. This goal was very important to us, and this obsession with buying clothing was getting in the way of it. And being with my future child was much more important than owning a bunch of activewear. Plus, I knew that my addiction to clothing was not making me happy in a lasting way, and was thus a self-defeating habit that I often regretted.[/quote][/quote]
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