I’m not as cheap as that guy – but I’m cheap. Our goal has always been to be able to live (stress free) on one of our incomes. Since both hubby and I work – it means we bank the other income.
Savings is divided up into buckets – retirement, kids 529’s, and rainy day fund. And we’re paying off the mortgage early – which will reduce our expenses in the future.
Like the guy in the article, our carpet is old and threadbare, we’ve got 1960’s original bathrooms in our house. But we’re slowly upgrading, doing the work ourselves, buying materials at discount.
I’m not a product of the depression but both my parents and my husbands parents were – and some of that rubbed off.