Posted by F-350 on December 24, 2008 at 07:15:20 from (12.213.112.38):
In Reply to: Our frugal future? posted by Spook on December 23, 2008 at 18:48:17:
I'm debt free,have some savings,and will never borrow money again.Young people need to save up 25% of their own money for a down payment on a house or a car.They need to take some ownership in stuff.120% loans on houses doesnt work as so many found out.
I have no cell phone,no 4 wheeler,no fancy TV,drive older vehicles,take no expensive vacations-etc.All my farm machinery is older and paid for.I have all I want or need and do live frugal compared to lots that I know.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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