The art of frugal living doesn’t have to be so tough

November 29th, 2009 |

Families are turning to frugal living as a way of surviving tough economic conditions. This article seeks to dispel the myth that frugal living means a life of deprivation, tinned food, and endless nights in front of the television, just to save a few dollars here and there? If you’re prepared to discover what a frugal life really could do for you and your family, then read on and find out.

First the good news….frugal living isn’t about depriving yourself of the things you enjoy or making massive sacrifices; it’s more about being smarter, so you have sufficient cash to fulfil the life you crave – the life that you imagine you’d live if you wealthy. Countless people who’ve elected to live frugally have made the choice to live debt free or at least to significantly cut down on their debt. By simply adjusting their spending behaviours they spend less than they make and have smaller debt balances and improved peace of mind. Think about it for a moment. How many days a week do you work just to pay off debt?

Frugal people shun the need to live in the “rat race” or “keep up with the Joneses” and they perceive no logic or rationale to purchase the latest “gimmicks” or “toys” that will only collect dust in the garage after being used only once. Frugal living for them means that life becomes easier and far less complex. They recognize that by living within their income levels they have a solid platform to one day be financially secure and in control of their retirement.

Living an uncomplicated frugal life, allows more freedom and choices to be had. Frugal living is after all a choice. And by living it, there are almost certainly many more opportunities on hand than to people who spend all their time earning their livelihood but never have time to spend it.

Choosing to live a more, simple, frugal life undeniably increases quality time with people that matter the most. It offers them more time to cultivate deep, meaningful relationships with their families and friends. I know people who have opted for this way of life to allow one parent to remain at home wit their children whilst the other parent works full-time; consequently providing more quality family time together.

Leading a frugal life keeps things simple and facilitates stress-free living. Stress is a killer and in today’s consumer driven world, more and more weight is placed on “living to work”. The frugal individual recognises this and “works to live”. So, now that you appreciate the advantages of frugal living and the relatively few sacrifices required, why wouldn’t you give it a go?

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