My Frugal Life
This is my first hub, so I'm going to keep it short and sweet. It is really just an introduction to me and my frugal beliefs.
I grew up poor, and learned from my parents and grandparents that you don't need a lot of money or a lot of things to be happy. I've always tried to find ways to use my money to its best advantage, whether it's shopping at thrift stores or growing my own food.
I've developed ways to save money that some may think are a little extreme, but it gives me so much more time to enjoy life. I hope you will join me on my frugal journey. Hopefully, we can learn from each other as I take you along with me to all the corners of my journey to spend less and have more.
How Frugal Are You?
Do you have a limit on what you will spend on certain items?
Some Frugal Tips
Did you know that the majority of people in the U.S. spend 130 to 200 percent of their disposable income every year? Most people have from three to five credit cards and at least one is charged to the limit.
Don't Live on Your Credit Cards!
I have one credit card. I use it for emergencies, to purchase plane tickets and to rent cars. I always pay it off at the end of the month if at all possible.
If you find yourself having to buy necessities such as food and clothing with your credit cards, or getting cash advances to pay your bills such as rent or utilities, and you aren't doing it to earn points and paying it off at the end of every month, you are in financial trouble.
The best thing you can do is cut up all but one of your credit cards and pay them off as quickly as possible.
Credit Card Quiz
How many credit cards do you have?
Frugality is one of the most beautiful and joyful words in the English language, and yet one that we are culturally cut off from understanding and enjoying. The consumption society has made us feel that happiness lies in having things, and has failed to teach us the happiness of not having things.
— Elise Boulding
I Highly Recommend ....
These Are Just a Few Tips
I'll be posting many more tips for living a frugal, debt-free life. I hope you enjoyed this article and will subscribe to read more.
I challenge you to cut your spending by at least 10% over the next month by only buying what is absolutely necessary. Let us know how you do!