Comments on: The Key to Money Saving is Patience https://www.moneyahoy.com/the-key-to-money-saving-is-patience/ Money Saving, Making Money, and Investment Ideas Sat, 24 Apr 2021 19:50:49 +0000 hourly 1 https://wordpress.org/?v=4.9.22 By: Derek Chamberlain https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3689 Sat, 30 Nov 2013 20:25:59 +0000 http://www.moneyahoy.com/?p=1477#comment-3689 GMS,

Great point! We do much the same, and it really does pay off huge dividends if you can pre-plan. Thanks for stopping by 🙂

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By: Green Money Stream https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3675 Fri, 29 Nov 2013 13:18:18 +0000 http://www.moneyahoy.com/?p=1477#comment-3675 This is a great story and a great lesson. Absolutely agree that fighting the desire for instant gratification can help save money. Also in my case I use a bit of pre-planning to save money, especially when it comes to my son. For instance, I know he will have outgrown his bike by next summer so I patiently kept an eye out at garage sales and was able to snag him a practically brand new one for $15. It will be perfect for next year!

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By: Derek Chamberlain https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3645 Wed, 27 Nov 2013 14:22:58 +0000 http://www.moneyahoy.com/?p=1477#comment-3645 Max,

Great point – I think budgets are great if you’re just getting started with personal finance! As you get more advanced, you’ll find that you can move beyond the budget to an overall shift to frugal thinking in everything that you do. Thanks for commenting!

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By: Max Arthur https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3637 Wed, 27 Nov 2013 08:46:34 +0000 http://www.moneyahoy.com/?p=1477#comment-3637 Another key to saving money is to create a budget plan. It works all the time for me.

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By: Derek Chamberlain https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3627 Tue, 26 Nov 2013 14:30:14 +0000 http://www.moneyahoy.com/?p=1477#comment-3627 Simon,

Great corollary drawn between saving and investing! Very true! You should make a post about your desk. I’d be interested to see it 🙂 Thanks for adding to the discussion.

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By: Simon @ Modest Money https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3619 Mon, 25 Nov 2013 17:53:27 +0000 http://www.moneyahoy.com/?p=1477#comment-3619 Awesome story packed with great lessons. I totally agree with this, I have been on the market for some decent home office desk, didn’t want to go the IKEA way, wanted something of an antique, something that would perhaps appreciate in value with time. Ofocurse it takes a while to get something striking but I did after almost 2 months of hitting antique stores, sales etc…landed it for somewhere way below my budget!
The lesson also goes to saving money say for investment. Patience and holding your investments for the long term is what will be rewarding.

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By: Derek Chamberlain https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3574 Tue, 19 Nov 2013 13:14:39 +0000 http://www.moneyahoy.com/?p=1477#comment-3574 Have you ever thought of building your own? You can typically save even more if you want until black Friday and head over to newegg for their deals…

I was much the same way when I was a kid. I didn’t really grow monetary patience until I was in my late 20’s 🙂 Good luck with the lesson!

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By: Brock @cleverdude https://www.moneyahoy.com/the-key-to-money-saving-is-patience/#comment-3573 Tue, 19 Nov 2013 13:02:35 +0000 http://www.moneyahoy.com/?p=1477#comment-3573 I kept telling my son this same thing as he is saving for his own computer – he wanted to buy one as soon as he saved up enough money to buy one. I keep telling him that things are going to go on sale in the next 6-8 weeks and he can get more for his money. But as you would imagine, the typical teenager wants his new thing NOW. I keep pushing him to wait….he doesn’t like it, but I think he understands where I’m coming from. he’ll understand even better when we find that deal in the upcoming weeks. Great post!

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