What is Living Frugal?
I define living frugal as simply making intentional choices with your spending, everyday. Notice I don’t say making cheap choices. Frugality has nothing to do with being cheap. See what cheap is down below. All you need to do to be frugal is to be intentional. What do I mean by intentional? I mean that a majority of your choices to spend should be planned and with your financial goals in mind. Remember back in #6 I said to set a net worth goal and how I said in #5 that you could set up a savings account to save for big items (like a house or a great vacation)? Well, it’s these goals that you should have in mind when you are spending. Are the choices you are making harming your chances of meeting those goals?