Spend Less or Save More – What’s Your Money Mentality??!??

by Erin, The $5 Dinner Mom on August 4, 2010

We’re also talking money mentality over in the Frugal Living Community!

Tell us…Is your money mentality to “Save More” or “Spend Less”?!?

{ 9 comments… read them below or add one }

Sharon August 4, 2010 at 12:34 pm

I actually like to do both. I spend less money so I can save more! Usually the money being saved is for a specific purpose, then we look around for the best buy so we can spend less. Hope that makes sense!

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Ingrid August 4, 2010 at 2:43 pm

My brain is definitely “spend less” inclined!

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The Prudent Homemaker August 4, 2010 at 4:56 pm

Spend nothing! :)

We spend as little as possible, but when we do make purchases, we also try to save as much as we can.

I can’t follow your links over to the community; they just go round and round and never get over there. They don’t time out, but they don’t go, either.

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Jacqueline August 4, 2010 at 8:51 pm

Spend less! We are a family of five, living on one income. We try to spend $40.00 or less a week on groceries and still have nothing left to save. Hopefully I can find a way to make a little money and start saving some.

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Susan August 5, 2010 at 4:19 pm

@Jacqueline,

I would love to know what you are buying to feed 5 people for a week for $40 bucks. We have four of us and I almost always spend around $100.

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Jacqueline August 6, 2010 at 8:11 am

@Susan, We used to spend at least 150.00 a week but just for now, until some things change it’s a lot of beans and potatoes. I have a friend with a large garden and they let me get whatever I want, and I have also started making a lot from scratch, like my own bread. I can only do all of this because I don’t work outside the home, if I did I wouldn’t be making my own bread for sure.

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The Working Home Keeper August 5, 2010 at 7:49 am

I’m more of a spend less kind of person. I’m the “free spirit” to borrow a term from Dave Ramsey. I enjoy shopping, just my focus now is thrift shopping (Goodwill, yard sale, trash to treasure). My husband is definitely a spend nothing, save more type!

Mary Ellen

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Elaine August 5, 2010 at 3:58 pm

BOTH !

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Chelsea August 5, 2010 at 4:22 pm

Spend less tends to be the way we are able to save more. Living on one income requires us to find ways to save any way we can.

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