Frugal Habits
Hinchliffe: There’s lots of things that I wanted but not a lot of things that I needed. If you bought a used car, it did the same thing for you [as a new car] and you saved yourself quite a bit over a period of time. Another thing we used to do is vacations, we would go with friends rather than buy a big place and go by ourselves. We would go with other couples and split the bill and that helped out a lot.
Nordman: My wife and I have a lot of frugal habits that I think tended to make us big savers. We planted a lot of the yard with fruit trees, and so we have fruit year-round. We get crops all year here in Hawaii, and so we can grow some of our own fruit. And we also compost and use things around the house. By buying from Craigslist and Goodwill you’re effectively recycling possessions that other people don’t want anymore, and you’re getting them for yourself at a much cheaper price than if you bought them new.
Advice
Hinchliffe: My advice to someone young today is to stay on course with their investing aims. It’s like a boat. You set a course. You go from one spot to another. If you get off course, needless to say you don’t know where you’re going to end up. If you have a good plan and you follow it, I think that you’ll find that you’ll succeed and your investing will definitely pay you a huge dividend.
Nordman: Track your spending for a couple of months and see where your money goes. Don’t try to cut back, don’t try to change anything just track your expenses and see where you’re spending your money. Then you will figure out where you want to cut back, and you won’t feel like you’re depriving yourself or making yourself miserable.
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
View more posts
Reblogged this on Full of Life Community.