Yes, there is “fritter” the noun and “fritter” the verb.
“Fritter” the noun is one conjuring up visions of small balls
of hot, fried batter coated in white powdered sugar that one would salivate for
at a carnival or the state fair.
“Fritter” the verb
is spending money bit by bit, on “stuff”… such as “fritter” the noun.
Today the focus is on the verb.
When living a frugal lifestyle, it requires members of
the family involved in the budget to be on board with the program. Spendthrifts
sabotage the plan.
If there is discretionary spending going on, frittering
away a dollar here and a dollar there, your budget can be destroyed for the
week or the month.
Suddenly, daily purchases add up to double-digit dollar
spending. How does one recover?
I have two approaches.
First, if you have been able to squirrel away unused
money at the end of the month, this becomes your emergency fund when dollars
are frittered away. I take that money and convert it to a gift card. I still
have Mother’s Little Helper’s “squirrel jar” for such emergencies. It’s not
being used but that’s a post for another day. I use it to store my emergency
gift cards.
Another is to hold back some of the designated weekly
spending money. If you have set aside $60, spend less so you have money to recover
from unexpected purchases.
Whether it is a noun or a verb, “fritter” is guilty of
giving me indigestion.
Ladies and gentlemen, I rest my case.
SOUND
THE BUGLE! Today’s tip! One way to save money is to
stay out of stores. Dedicate a “no-spend” weekend and take that money and put
it into an emergency fund in your house. Studies show the more often you go
into the store, the more money you are likely to spend.
THE EMERGENCY SQUIRREL JAR
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