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Personal Finance Round-Up: Would You Take The Dive For Frugality?

By Money Crashers

There has been a great shift in the way we look at clutter recently, and as a sign of that shift, minimalism has really taken off. But with all this decluttering everyone is doing, where does everything go? In my own life, the things that are scrapped usually either are sold at a tiny little portion of the original amount paid for them, or things are donated to Goodwill, at which point, someone else will pick them up and discard them the same way I did after a month. The life cycle of clutter really is fascinating.

Tho other stuff that people deem too worthless to sell or donate goes right into the trash, but as the saying goes, “one man’s trash is another man’s treasure” and in nicer areas, people throw away things that you and I would gladly have on our mantle. Not only the rich throw away nice things, but college kids returning home from a long stint at school are known for their unwillingness to haul or store anything, so the bulk of the things they had in their dorms end up in the dumpster shortly after school is out.

Stories like someone finding something valuable in the trash are nice, but J. Money does one better in Let’s Go Dumpster Diving! He presents an index of some of the nicer things he has found while dumpster diving. It’s not the most impressive list, but when you think of the cost associated (free!), that list becomes all the more impressive. But as one commenter on the article suggests, I’d stay away from the completely Freeganism movement and leave the discarded produce be! For those of you thinking about getting rid of that junk in your house but aren’t getting around to it, don’t forget that downsizing can save you money too!

Now, here are some other great articles from the past week:

Working Hard For What You Want – New Jetta Ad
The shift from clutter to minimalism isn’t the only shift we have seen in the last couple of years. Recently, more people are saving, setting goals, and getting educated in finance so they can better manage their money. Volkswagen has a new commercial depicting an example of just that. Check out the write-up of the commercial and watch it yourself here. [Free From Broke]

Exploring a Financial Fast
It takes a lot of sacrifice to save money so that you can have a better future. Sacrifice has been used as a learning tool for ages, and not just in finance. Many religions teach sacrifice of money, comfort, and even food by fasting to their congregations. Here’s a piece that takes fasting in a different direction. [Canadian Finance Blog]

5 Guaranteed Ways to Get Fired
A good way to start that financial fast is to ditch your job that’s providing your financial support. It isn’t all that hard and this article tells you exactly how to go about doing that. For the rest of us that like having an income and a roof over our heads, these things are exactly what should be avoided. [Cash Money Life]

Financial Projections: Where Will You Be In 5 Years?
One way to insure you are doing exactly what you need to do to reach a goal is to project that goal and see if you are on track. Here is a step-by-step to projecting your financial future. Are you on track? [Christian PF]

Fabulous Freebies 2010
Kiplinger wraps up all the free stuff you can get in 2010, and by free, they don’t mean junk. These are free apps, services, and support of all kinds that are definitely worth the price. [Kiplinger]

18 Tips to Save on Large Appliances
Depending on the situation in which the appliances are replaced, it can be a financial burden or a joy. Either way, here are some tips to save you money during the process. [Couple Money]

Beyond The Basics: 4 Tricky Rules of Credit to Master
For big purchases or small, credit is always a question that you have to answer. Do you use credit or pay cash? How and when do you have to pay the balance off to avoid any interest charges? Credit is a mystery in and of itself but these tricks can help clear things up. [Credit Karma]

40 – Is it Too Late to Invest for Retirement?
How late is too late to start planning your retirement? Well, unless you are financially independent at some point, it’s never too late to start planning. These tips can help you get things on track for retirement. [Do Not Wait]

Working With a Real Estate Pro When Buying a Home
Another huge milestone in life is buying a home. It’s a difficult process and there are a lot of complicated steps to go through as you get things in order for the purchase. Do you enlist the help of a real estate pro? This information can help you make that decision. [DINKS]

Tips For Buying A Used Car – Written By Someone Who Just Bought One!
It’s always best to get advice from someone that has gone through what you are about to go through before you do it, someone that has paved the way so to speak. Here are tips from someone that recently purchased a used car, because trying to pave your own way here can cost you a lot of money. [Everyday Tips and Thoughts]

(photo credit: AlwaysHallways)

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  • Tom @ Canadian Finance Blog

    Thanks for the mention!

    • Andrew (Admin)

      You got it Tom!

  • http://cashmoneylife.com/ Ryan

    I’m not inclined to go dumpster diving, but I have no problem with used items. When it comes to disposal, I usually donate smaller items and try to sell higher priced items via Craigslist.

    Another frugal tip: I’ve known people who drive around with a trailer the night before the garbage men come and look for large items on the curbside (furniture, appliances, and other large items are commonly tossed out with the trash). If it is with the trash it is fair game. They keep some of the items, sell others, and donate or scrap the rest. It probably won’t make you wealthy, but it can add some cash flow.

    • Andrew (Admin)

      Good tip Ryan. I’ve also heard of people doing that who rave about the valuable items they can get!

  • http://freefrombroke.com Craig

    Thanks for the mention, especially among all of these great articles!

    • Andrew (Admin)

      No prob Craig! Your post was a really interesting one.

  • http://christianpf.com Bob

    Andrew – thanks for the mention! Have a good week!

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