Would you say you have been thrifty since childhood?
Have you had lessons on money management in Secondary school?
What would you say are 2 or 3 epic money fails you have had since becoming an adult?
Did you have a frugal epiphany? What caused it, or how did you decide to develop the frugal habit?
What are some of the things you practice now as part of a frugal lifestyle?
What is the biggest saving you have made as a result of being frugal?
Now that you are more money savvy, what 3 pieces of advice would you give to others about handling money?
What about frugal fails? We’d love to hear a few of those too.
The biggest contributor to my debts, when I was younger, was the dreaded “minimum payment credit card.” It’s so easy to buy, and buy, and buy – and the monthly payment is so small, you feel (at first) as if you’re buying things for free. Then, one day, you wake up (hopefully), and find out you’re now thousands and thousands in rolling debt, with the interest charges alone higher than the minimum payment.
What’s your favourite take from Or today? Are you still using credit cards and thinking that it’s free money to spend? Let us know your ideas in the comment section below. And watch out for another UK money blogger next week just as Lady Janey did, sharing how they made serious money mistakes and what they did to come out on the other end.