Spending freeze

Dec 26, 2007
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I kind of have.

But it's more of a dedication to eliminate all my debt except for student loans (which are more long term, and will be the next thing I work towards)
 

ggnl

Diamond Member
Jul 2, 2004
5,095
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Not a total freeze, but I'm saving a lot more than I used to.

It has nothing to do with the economy, I just need to pay off my car loan.
 

Chryso

Diamond Member
Nov 23, 2004
4,039
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I thought about it but I didn't bring any lunch today so I am going to have to break it.
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,589
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I tried but my financial advisor vetoed it.






















That is what happens when one is married:p
 

Casawi

Platinum Member
Oct 31, 2004
2,366
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I am trying this year to better manage my spending, not necessarily a freeze. Been working for two year making enough for a family of 5 to live off of, and yet I alone manage to spend every paycheck to the last hundred.
It is disgusting, but that will change this year.
 

Casawi

Platinum Member
Oct 31, 2004
2,366
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Originally posted by: Common Courtesy
I tried but my financial advisor vetoed it.

That is what happens when one is married:p

lol.. I was at the mall a couple of weeks ago, and I was thinking... man, women alone would never let this economy fall apart as I watched hundreds of them spending like no tomorrow including my gf.
They enjoy spending.
 

SacrosanctFiend

Diamond Member
Oct 2, 2004
4,269
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No spending freeze for me, but work has frozen capital expenditures until June...except to continue the $9.7mil expansion that we don't need.
 

bignateyk

Lifer
Apr 22, 2002
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No, but I anticipate the first thing obama does when he gets into office is put a spending freeze on all defense spending. Luckily we got all our contracts hashed out and money in hand for the next 4 years just before christmas, so I should be in good shape for at least a few years here...
 
Dec 26, 2007
11,782
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Oh yeah to answer the 2nd half, no work hasn't done a spending freeze.

One of the benefits of an insurance company is that people always need insurance. Yeah we may lose some to cheaper companies (like safe-auto), but overall the economy doesn't affect us nearly as much as some other industries (although it does affect us without a doubt).
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
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My company hasn't done a spending freeze but we've cut back on any extra spending that we did before like our twice yearly employee meetings where we do a company update and give out prizes and awards.

I've been on a personal spending freeze since my 2nd child came along three years ago. :p
 

kgokal

Senior member
Jul 20, 2004
423
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Just got email today that my company is doing a pay raise freeze! Grrrrrrr......
 

Jeff7

Lifer
Jan 4, 2001
41,596
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A potential employer (well, for an internship anyway) has said that they aren't hiring anyone until at least Fall.
About half of their business is in the automotive sector.


 

Kntx

Platinum Member
Dec 11, 2000
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I tried to cut down the spending. But then I blacked out and when I came to I was eating delicious steak and lobster at a swanky restaurant.
 

iroast

Golden Member
May 5, 2005
1,364
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Spending freeze could make the economy even worse. Moderation is key to everything?
 

bignateyk

Lifer
Apr 22, 2002
11,288
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Originally posted by: Kntx
I tried to cut down the spending. But then I blacked out and when I came to I was eating delicious steak and lobster at a swanky restaurant.

That'll happen sometimes.
 

pontifex

Lifer
Dec 5, 2000
43,804
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not a total freeze but i am definitely trying to only buy essentials since I am out of work.
 

moshquerade

No Lifer
Nov 1, 2001
61,504
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We actually have somewhat of a spending freeze at work or at least anything we put in to purchase seems to be sent back asking us to cut some out of it.

I'm always on a spending freeze after Christmas, but for the first time I am really questioning my purchases.
 

lokiju

Lifer
May 29, 2003
18,526
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Not so much a freeze as a better focus on what I do with my money, on the personal side.

For work, they're spending money like it's growing on trees, which worries me.