Comments on: Can’t Make Up Your Mind? Call A Frugal Friend

By: Menandro from Passive Income Passion

Menandro from Passive Income Passion — Sun, 07 Feb 2010 12:12:45 +0000

It really helps to get an advice from a person who knows a particular thing better than you. I usually get a first, 2nd and third opinion (including my own) to arrive at a decision. You get to learn in the process too.

By: The Pecuniary Associates: A Great List of Personal Finance Articles | Financial Nut

Sun, 19 Apr 2009 22:38:31 +0000

[...] 2. The Passive Dad – Scott speaks about the benefits of making a quick call to a “frugal friend” when faced with a tough financial decision. Read more… [...]

By: Weekly Wrap Up March 30 - April 5 | Personal Finance Firewall

Weekly Wrap Up March 30 - April 5 | Personal Finance Firewall — Tue, 07 Apr 2009 20:29:13 +0000

[...] Scott at The Passive Dad had a pretty interesting idea: Calling a Frugal Friend when deciding on a purchase. Making a purchase can be a hard decision depending on the size of that [...]

By: Pecuniarities

Pecuniarities — Mon, 06 Apr 2009 13:03:25 +0000

Interesting Reads From Fellow Personal Finance Bloggers #18…

It has been a very eventful week here at Pecuniarities, having hosted the Carnival of Debt Reduction and the first ever Carnival of Pecuniary Delights (which was a great success, if I do say so myself) from both of which I’m still recovering. If …

By: Karen

Karen — Mon, 23 Mar 2009 09:32:58 +0000

This is a great list. I definitely always have advice to give (and need it myself) in these situations. Taking a step back to make the call is not only great if you need some advice, but it also allows you to gain some perspective on your decision and make the right one.

By: Jason @ MyMoneyMinute

Jason @ MyMoneyMinute — Wed, 18 Mar 2009 16:54:17 +0000

Great Advice! I remember learning about “the four C’s” from a recently-engaged friend, and it sent me along my way. I did so much research, that I’d be a great help to my single friends.

In the same way, I have to remember to ‘phone-a-friend’ when it is their little area of expertise. For one, they usually know better than you do. For another, it builds up that relationship and fosters confidence in them that you value what they know, even when it’s not an emergency. Often times, we only contact others as a last resort.

By: Miranda

Miranda — Wed, 18 Mar 2009 13:45:11 +0000

I like this idea of running things by someone you trust. It can help you avoid making costly mistakes in some cases.