Iowahippiechick

Living Simply

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Dec 11 2008

My Boy Banked 10K in the Last 4 Months

Published by iowahippiechick at 8:57 pm under Family, Frugality, Personal Finance Edit This

I guess the frugal apple doesn’t fall too far from the frugal tree.  My oldest son Dillon, who moved out East last August, had some incredible news for his old mom.  He has managed to save after expenses, almost 10K in the 4 months he has been out there.  THAT’S SO FREAKIN COOL!

Saving money was his goal - When he chose to move out there for  this particular job opportunity.  (I believe that is why he is achieving savings success even during such difficult economic times.) 

And the fact the boy has his financial head on straight:

  1. He established early on after moving out of our home - The habit of saving first.
  2. Then paying his living expenses.
  3. Then fun.
  4.  He made paying off his student loan debt his main priority - Within 6 months of graduating college he had it paid off.
  5.  He owns & drives a 1993 Chevy S10 pickup - Paid for and very inexpensive insurance.
  6. He is not focused on consumerism.  Translation … not that impressed with ‘STUFF’.  (But he definitely couldn’t live without his Ipod!)

Right now he definitely a man with a mission - Building his nest egg.  With the goal of eventually opening his own shop.  Which he knows, I know, and almost everyone who knows him - Knows he will do!

A Proud Momma Post …

Have a terrific day!

dawn @ iowahippiechick

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5 Responses to “My Boy Banked 10K in the Last 4 Months”

  1. iowahippiechickon 13 Dec 2008 at 9:41 pm edit this

    Saph - He graduated from college with a degree in graphic communication and design … but he fell head over heels in love with tattoo design. Since he really is an artist at heart, this was the path he chose. Definitely an unconventional career - but he absolutely loves it! He has an excellent head for business and will open his own shop eventually.

  2. Kellyon 18 Dec 2008 at 4:10 pm edit this

    That is fantastic! I imagine you are beyond proud!

    ~Kelly
    http://www.30somethingandsearching.today.com/

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