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Reply to "Excited: I have 1.3 million in assets, not inc. real estate!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I figure by using hand me downs or thrift store purchases, we save 1,000/yr for kids' items x 7 years is a big deal. That means if I am at a thrift store and a cute shirt is 5.99...I won't get it. It would have to be a dollar AND we would need it before I'd buy it. I buy the kids' Xmas presents all year round at thrift stores making sure games are complete...sour Xmas may cost 100 total for kids' gifts and others may spend 400. Over a kids'childhood that is close to 6k. So again, those things majorly add up.[/quote] An awesome deal - you saved $13K by limiting your kids to the used clothing and toys throughout their entire childhood. If they were dressed nicely and played with the new toys, you would have had only $1.287M in savings! When your kids inherit all this money saved on their clothing and toys, they'll be excited. [/quote] Um, not quite. The way I think of it is this: Is my elementary school aged kid going to care if the 500 piece complete puzzle was bought used for $.50 15 years from now or will he be happy his college is paid off? It is not just clothing and toys. It is the cumulative effect of clothing, toys, discounted movie theaters, some coupon usage, buying gifts on sale, etc. that ends up saving thousands and thousands of dollars over the years. You also make it sound like my kids aren't dressed nicely. They are in clean, good condition, name brand clothing and the second another child opens a toy it is used. What the heck does it matter if it is used if it is complete? We are a big game-night family...so instead of $15-$20 for games each time, I get them in perfect, complete condition for $1 or less...and that's a bad because...?? Do you really think my kids give a hoot if it is used or not when we're all together playing?[/quote]
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