About me - Elizabeth Rowe

About me

Featured article by Elizabeth Rowe

Personal Finance > Smart Spending Frugal living: A look at the true cost of bargains

The number one rule of frugal living? Don't get ripped off. Example: I bought a ten year old Dodge for less than four figures, and thought I'd done well-it ran well, didn't leak and the air conditioning and the radio worked. Then I turned up a steep hill toward a red light to visit a fast-food restaurant at the top. If you're familiar with Dodges, you can probably guess what happened-the transmission went out, in rush hour traffic, with nowhere to pull over. It cost me three times the cost of the car to get a new transmission put in. Frugal acquisition? Not so much. Frugal living means get...

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