Sunday, March 1, 2009

Pros and cons to being thrifty


In the article Dangers of Being Thrifty, the writer distinguishes how being thrifty can be a downfall. Bick talk about how her views of saving and spending money changed from when she was an avergae university student to when she married and became a part of a single-income family. As a stay- at -home mother, she says there are dangers to becoming penny-pinching. According to Bick, one danger is becoming obsessed with the economy. Her arguement is that money saving methods are not necessarily the best time-saving techniques. She also adds that frugality can cause her to try every money-saving tip that comes her way. The main idea of the article is that trying to save money can become just as much as a chore as making it.
Clearly not everyone agrees with this view on being thrifty. Most people see it as a beneficial and rewarding thing. I can understand how Bick argues that being thirfty can be time consuming.

Bick says, "If I focus too much on money—whether making it or saving it—I have less time to volunteer at a crisis center or to write letters to someone in prison."

I think this is a comical way of saying, being thirfty can take away from doing other things. As opposed to just going to the store and picking up what you need from the shelf, sitting and searching through endless coupons can be the less favorable option. However, I am always a fan of saving money, even if it does take a little bit of my time. I see that taking the time to find the best price for something can be satisfying. I would add the oppposing opinion to this article to make the reader see both sides.

5 comments:

  1. Good post idea. I love the idea of finding easy ways to save money. Good analysis of the article.

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  2. Great job! I love spending money but saving it is so much better!!

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  3. I thought this was a clever article choice that gives a different opinion on saving money. Most articles do not talk about the negative side of penny pinching.

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  4. Good job...I would've never thought I'd see an article against saving money during a recession

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  5. Interesting article. What other links could you include?

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