Frugal living

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Frugal living revolves around being thrifty in spending and living modestly. Living within one’s means rather than taking on excessive debt loads frees up a person from the bondage of amortized principle and interest payments.

Frugal living, as opposed to the get-it-now-pay-later mindset, delays gratification, and sacrifices the many seemingly small and insignificant mounting expenses for a much greater compounded long-term reward.

An advantage of frugal living as it relates to expenditures is having a goal in mind and practicing the discipline to save for a wanted item until it can be paid for in full. This develops a strong, uncompromising character, with an added benefit of having something to look forward to with anticipation and excitement. Also, the experience of buyer's remorse will occur much less frequently with this purchasing method. One further bonus to mention is the satisfaction of personally owning something the title of which is free and clear, a large part of self reliance.

Bloggers note that frugal living is a great step towards financial independence and enjoyable retirement living.

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Latest blogosphere posts tagged “Frugal living”

  • Checking In: 30-Day Giving Challenge


    Frugal in VirginiaAuthority Authority: 546
    We are now over half way through the 30-Day Giving Challenge .  How are you doing with the challenge? Me?  I’m doing okay, but not as well as I had hoped.  While we’ve met the challenge most days, we haven’t been nearly as diligent writing everything down, so we’re lacking the complete record I had ...
    3 hours ago
  • Retro Reading~ Christmas Manifesto, Part 1


    Gidget Goes HomeAuthority Authority: 115
    This post was originally published August 11, 2008 and has been slightly updated/modified for 2009. Most of us love Christmas, but it can tend to be a stressful season, too. When we’re deep in the season, with all of the hustle and bustle, there’s often little time for reflection. I thought I’d take this ...
    14 hours ago
  • Natural Beauty: Clean Skin, Teeth, and Lips


    simple momAuthority Authority: 604
    S o we’ve talked about going shampoo-free , and we’ve talked about using oil to clean your face naturally . But a few of you have asked — what about the rest? What about soap, toothpaste, lotion, deodorant, and the like? I’ll be the first to admit that going natural with my toiletries and cosmetics is new ...
    19 hours ago
  • Christmas Checkup & Fabulous Gifts @ LOW Prices!


    Journey to SimplicityAuthority Authority: 118
    Do you know what day it is? Do you know how many days are left until Christmas? 40! WoW! Can you believe it? Thanksgiving is around the corner and then the full Christmas season will be in force. There are many things swirling around your head. Food to make, presents to purchase, events to plan, budgets to set, ...
    2 days ago
  • Kinda Krunchy :: Relaxing Bath Salts


    Simple Bliss...Authority Authority: 119
    This simple recipe is amazing! Bath Salts 1 cup Epsom Salt 2-5 T. olive oil (enough to moisten all of the salt) 6 or so drops of Essential Oil (I used lavender – yum!) Mix these ingredients in a small bowl. Use your chosen amount in your bath water for a relaxing a moisturizing tubby time. You could also ...
    3 days ago
  • Really Excited About Some Target Food Deals Next Week!


    Frugality In the MakingAuthority Authority: 425
    I get the Target ad on the previous Thursdays usually, so I have had a chance to look over what is going on sale next week. I gotta say I am pretty excited for a few of the food deals they are having! Betty Crocker Potatoes .79/box! That is super cheap. Plus there are printable coupons and insert coupons to ...
    3 days ago
  • Comprehensive List of Frugal Websites


    Cheapo GroovoAuthority Authority: 125
    Travel Ready to start seeing the world? Its smaller than you think, when you go via the COUCHSURFING Project. Use this site to find people who are willing to host you on their couches! YAPTA sends you price drop alerts on flights and hotels.... Read and post comments | Send ...
    3 days ago
  • Holiday Savings


    Faith, Family and FunAuthority Authority: 128
    I LOVE  getting great deals in my reader. Right now, there are all kinds of deals popping up for the holidays. I do follow several really great savings sites. Thank you guys! Right now, I loved this Yankee Candle coupon deal, Thanks, Together We Save! Also, check out Little People Wealth for some great ...
    3 days ago
  • Six Everyday Items You Should Reuse


    FrugalNYCAuthority Authority: 118
    New to FrugalNYC? Click here to add FrugalNYC to your RSS reader or Subscribe to FrugalNYC by Email . We in NYC  throw out enough trash every single day to fill the space of The Empire State building .  If enough of us reuse some of those things one extra time, I think we can reduce that by a good amount. ...
    3 days ago
  • Lowfat Caffe Latte


    brazoscowgirl.comAuthority Authority: 127
    Every Bar has a secret, every Starbucks has a huge steamer that forces hot air into milk which creates a foam. You can take soy milk, or non fat lactose free milk(yes I do) and turn it into a foamy cream that you will honestly enjoy. So buy your Great Value Coffee at Walmart for less than 7.00, then buy an Aerolatte ...
    3 days ago
  • Textbooks are Extremely Expensive


    Ms. TerriAuthority Authority: 140
    You really need to check out this article if you are serious about saving money in college. Here are several ways you can save on your college textbook cost without your grades suffering. Most colleges or technical schools have a bookstore, but these stores are probably the most expensive places to purchase ...
    3 days ago
  • Free Offer


    Living On A Dime Blog Living On A Dime BlogAuthority Authority: 128
    Free Offer: Great Decor in a Flash Without a Lot of Cash eBook from Dow Decorative Accents, Wall Art and Decorating Ideas including: * Leafy Green Spheres (pg. 3) * Techno Metallic Wall Art (pg. 10) * Bronze Sphere Decor (pg. 11) * Circles Wall Art (pg. 16) * Many other ideas! You can get this eBook free here.
    3 days ago
  • Dental Floss ~ Spend to Save


    The Happy HousewifeAuthority Authority: 590
    I visited the dentist today for my regular check-up. Once again I was reminded that sometimes spending a few dollars can save you hundreds. Flossing your teeth every day is an excellent way to prevent tooth decay and gum disease. Fillings and periodontal care are expensive, dental floss is cheap. According to this ...
    4 days ago
  • Look Out Starbucks! Ive Made A Cheaper Coffee Treat


    Frugality In the MakingAuthority Authority: 425
        From Frugality In the Making   If you love coffee and chocolate, then this is a recipe for you!   I experimented with making hot cocoa mixes the other night and this was sooooo Yummy!   My son loves it as just hot cocoa, but seriously.... add 2 or 3 tablespoons to your coffee! ...
    4 days ago
  • 10 Ways to Save on Groceries (Without Clipping A Single Coupon)


    A High And Noble CallingAuthority Authority: 424
    Clipping coupons not on your list of things to do? That’s ok, because you can still save a bundle of money at the grocery store by doing these 10 simple things! 1. Plan Your Meals It sounds too easy, but having even a basic plan for your weekly meals can help save you money . How? Less grocery trips ...
    4 days ago
  • Why I Don’t Buy More to Save More


    TFGAuthority Authority: 129
    Sorry to be so late posting today.  My husband has a day off from work, which means that we were most certainly not up and out of bed at 4:40 am.  I might be an early bird, but I am not insane! Today, the six of us made our grocery shopping rounds (report on my second cash-only week to come on Saturday), and a ...
    4 days ago
  • Perfect Weddings Can Be Frugal Weddings


    Quizzle BlogAuthority Authority: 118
    Every girl dreams of having that perfect wedding. But, when the time comes that perfect wedding might be limited to the amount of money that you can contribute. I am currently planning for an October 2010 wedding and have already spent $6,000 just on my reception alone. A friend of mine is getting married this [...]
    4 days ago
  • Get School Textbooks on the Cheap


    Refinance website and BlogAuthority Authority: 136
    Textbooks is probably the last thing on a student’s mind, but they actually requires significant attention because it’s a huge cost. If you are going to school but don’t want to blow your budget, check this article out. Everyone goes to the campus bookstore to buy textbooks but that’s the last place you ...
    4 days ago
  • Bargains, Samples & Freebies of the Week


    My New 30Authority Authority: 120
    Hey yall! Ive been cooking up a STORM over at Deep South Dish. Be sure to stop by for loads of FREE Southern Thanksgiving Recipes, Southern Classics, Gulf Coast Favorites, Casseroles and MUCH MORE! Be sure to check the post from last week! Some of those offers are still good.Dont forget about the FREE downloadable ...
    4 days ago
  • Frugal living tip #45.


    Poor Richard's AlmanacAuthority Authority: 428
    Silence Dogood here. At Poor Richard’s Almanac, we’ve been giving you a Frugal Living Tip every week in 2009 to try to help us all get through a very tough economic year. This week, our tip is for the birds. Many of us love to invite the wild birds to our backyards by setting out seed and treats. But as you know ...
    4 days ago

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