Wednesday, December 10, 2008

Did you read this? "Tightwad Ethics"

Did you guys see this article last week in BusinessWeek?

The Ethics of Being a Tightwad
Amid the economic slump, don't feel bad about putting saving ahead of spending. In fact, it's unethical to squander money you can't afford to spend

I'm thankful for the post. Although I'd love to allow myself to spend more under the guise of "doing it for my country," I know it's not the best for my wallet, which is ultimately what's best for the people I love and potentially will want to take care of in the future.

I never thought "ethical dilemma" would apply to anything I write about on the site, but interestingly, this article takes a scholarly look at an issue a lot of you may be thinking about. Take a read and let me know what you think.

2 comments:

Budget Save Buy said...

Reminds me of an article I just read that highlighted a lady who sold her hair for $1200 rather than donate it because she needed the money.

Sally said...

Very good article. This is a fantastic opportunity to redirect the thinking of us spendthrift Americans, if we will only take the opportunity and learn from it. Thanks for bringing us this article.