Comments on: Are You A Money Hoarder?

By: Money Reasons

Money Reasons — Sun, 11 Mar 2012 00:50:42 +0000

lol, yeah, I hear you there on that one! We should have kept the money we found in the gift lol… Oh well

By: Money Reasons

Money Reasons — Sun, 11 Mar 2012 00:49:44 +0000

Yeah, I’m a money horder too. I live a minimalist life to save money. I use to be proud of that fact that I’m such a good saver, and frugal and all. But now I strive for a more balanced life. Missed opportunities suck…

By: Money Reasons

Money Reasons — Sun, 11 Mar 2012 00:47:47 +0000

Sort of, I guess it depends on the interest rate the banks are paying. With no interest rate, money slowly loses value to inflation.

By: eva

eva — Sat, 10 Mar 2012 19:43:54 +0000

What about those who keep $20,000 in a checking account? Isn’t that essentially the same as keeping it under your mattress, given current interest rates? Does that count as money hoarding as well?

By: MyMoneyDesign

MyMoneyDesign — Mon, 20 Feb 2012 01:39:24 +0000

Great topic! I definitely qualify as a money hoarder! Every two weeks on payday, my wife and I each take $50 for allowance. She spends hers throughout the next two weeks. What do I do? Spend about $10 and keep the rest in an envelope. By the end of the year, I have almost $1000 in that thing! But why didn’t I spend it? That’s what the allowance is for! I think your photo of Scrooge McDuck sums it up – we all secretly just want to swim through a pile of cold hard cash.

By: Cindy Brick

Cindy Brick — Mon, 13 Feb 2012 21:20:33 +0000

When Husband’s mom died some years ago, we found money stashed practically everywhere — under the bed (plus under the mattress — go figure), in closets, etc. I still wonder if we got it all, or whether some nice buyer got an extra bonus at her furniture auction.

By: Marianne

Marianne — Sat, 04 Feb 2012 01:04:56 +0000

I was thinking the same thing! Such fond memories!!

By: World of Finance

World of Finance — Wed, 25 Jan 2012 02:54:45 +0000

I love the picture you posted with this article. So fitting I really enjoyed watching that cartoon while growing up.

By: Money Reasons

Money Reasons — Tue, 24 Jan 2012 04:09:15 +0000

Me too, I personally think my friend is doing herself an injustice. Inflation slowly eats away a cash stored under the mattress.

By: Money Reasons

Money Reasons — Tue, 24 Jan 2012 04:08:11 +0000

I’m mostly in the stock market, but real estate is looking pretty good right now…