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What is your reason for being frugal?
Are you a stay at home mom trying to make everything work on a single income? Did you lose your job? Are you trying to pay down debt or save money?
What exactly is being frugal?
Being frugal is living below your means in an effort to save money. Living well off less. Choosing the cheaper brand at the grocery store.
frugal living is
Opting to shop with coupons or while you shop. Frugal living is learning to say no to dining out and cooking meals at home.
Living frugally means staying true to you and your family values and not trying to keep up. Doing small things everyday to save money and cut costs.
what are the benefits of living frugally?
The biggest reward I can think of is more family time. When you live frugally you aren’t working for that new gadget, you’re working toward more family time and family opportunities.
Saving money is a great reward. Being frugal gives you the opportunity to pay down debt, to save for a home, to plan holidays and to live the life you want to lead.
Think about the opportunities you could enjoy if you had just a bit more money in the bank or more time.
15 of the most popular reasons for being frugal:
- Single income home
- To save money
- Working to pay down debt
- University student trying to graduate debt free
- Do or starve
- Low income
- Work too hard to just hand over money
- Job loss
- Born into being frugal
- Want to be able to enjoy retirement
- Paying off house early
- To have opportunities
- Want to be able to be a stay at home mom
- Snowballing debt
- The more we save the more we can give
reasons for being frugal
No matter your reason, know that it is the right reason. There is no reason to go into debt if you can be frugal and save money.
Related Frugal Living Posts:
- 275 Frugal Ways To Help You Cut Your Household Expenses
- Ways To Save Money That Won’t Cost You A Dime
- How To Save When Money Is Tight
- 21 Things We Stopped Doing To Save Money
Updated October 17, 2020