Frugality: Overview

A big part of financial freedom is learning to live with less. The less money you need, the less you need to make, and the bigger difference every additional dollar makes. With that in mind, let's talk about frugality.

That doesn't mean cheap. It means cutting out unnecessary spending, and making what you do spend go farther. So how do you get to frugal from where you are?

Look at what you spend. How much do you spend for groceries? How much goes uneaten? How much is your power bill or water bill? Can you find a way to make them less without sacrificing your quality of life? What about clothing and shoes, or gasoline and car maintenance? Eating out and entertainment?

Many people can't figure out how to spend less, so I'm going to do my best to help you. At this moment, do you have lights on in rooms you're not occupying? Do you have sprinklers that run even if it's just rained? Are you spending money for a service that you could do yourself, or even better, be done by robots? (Yes, domestic robots are a thing!)

Now yes, some things are better outsourced. And some things are a big investment up front, but pay big returns over time. So over the coming weeks I'll highlight different ways to be frugal that won't require huge changes in the way you do things, but will make a big difference in the way you live!