A few days ago, I talked about my friend that represents Pig #1. Today I’m going to talk about my other friend that represents Pig #2.
Pig 2
If you are new to this storyline, the basis of all three little financial pigs are two of my childhood friends, and myself. I blog about each of their stories in the original articles listed below:
Pig #2 of The Three Little Financial Pigs
This little pig of the three little pigs, has done extremely well lately. In my initial story of Pig #2, I state that he was living like he was still in college. That mindset has changed for the better. Now he spend more time with his kids by coaching and planning special frugal vacation (camping mainly), with just them.
While it’s obvious that he’s a better father, what impressed me the most was how in the past year he has become much more financially savvy! Lately, he’s been talking of selling his boat because of gas prices and how it’s a money pit.
He stopped leasing cars a while ago, but I though he’d be flipping to a new car every 2 years like he had done in the past. But to my surprise, he’s stuck with the ones he bought 4 or 5 years ago. He’s actually stoked that they are almost totally paid off. Now he’s constantly talking about saving his money and frugal deals that he finds.
Pig #2 has always rode the trends closely though, so perhaps this is just his attempt to ride the currently popular frugal wave that the US is experiencing. Afterall, it’s cool to be frugal now, at least for now it is…
I’d say that even though my friend puts on a good front, that he’s still on the same level as the original storyline Pig #2, or perhaps a quarter closer to Pig #3 level. We’ll see…
If he does continue to be frugal and starts investing his money, he may become financially independent in 20 to 30 years.
Whether he is just riding the current tend of frugality or not, it’s impressive the changes he has made! Again, I’m very impressed with his progress!
-MR
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Way to go pig # 2! I think frugality is not just a trend but a virtue. People’s habits are shook when the economy was down and people should not just adapt to what is the hype but think about rehabilitating their financial habits altogether.
I’ve been frugal for over 15 years, but lately it seems to be a fad. Hopefully it will stay around for a while
Nice series. I did some catching up w/ the piggies. Here’s hoping Piggie #2 starts reading up on the Yakezie, and gets some more smarts.
Yep, that would be ideal!
He’s a smart guy that lives life to the fullest, especially now.
I think he might actually be living a more balanced life than I am now. So Kudo to him.
As long as folks spend less than they make, they should do okay.
Change is good! It takes time to form a habit though. Placing savings as a priority is good. Only time will tell if the changes are permanent.
Yeah, I’m routing for Pig 2, it’s hard to tell if it’s just because “being frugal” is a trend or if he’s just getting wiser.
Good job Piggy 2!
I am guessing that frugality is a sign of the poor economic times. As times get better, spending will probably pick up and be stronger than ever. After all, people will have sacrificed so much over these lean years and may go hog wild. (Hey that could be piggy 4)
lol, I like the idea of the 4th pig! I might take the concept and run, unless you want too.
Very clever of you! I’d tie the “4th pig” into the millionaire segment…
Fad or not, I’m glad more people are become frugal. But as Kris points out, could be just a sign of economic times.
I’m happy for Piggy 2!