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You've probably heard of Ebeneezer Scrooge, the curmudgeonly old man who stars in A Christmas Carol by Charles Dickens. Scrooge is memorable for his cruel treatment towards his peers, but one could argue that he didn't treat himself much better. Scrooge amassed a healthy fortune, yet he kept his office at freezing temperature. His house was dark and dreary. He ate gruel instead of something tasty. He kept backbreaking work hours, never allowing himself to truly rest. Scrooge sacrificed his relationships and personal comfort in the name of money that he was never going to enjoy. I can't think of a better example of a person who blew right past frugal living and straight into being miserly. Frugal living is a great way to build your...
The textbook difference between a definition and an explanation is that an explanation is an example of a definition. That being said, defining frugal living requires us to understand the real example. It is not an alien concept once we see how it tightly connects to the basics of living. Most people may associate a frugal lifestyle with a bare-bones living room with sparse furnishings that are roughly 50 years old. While that is one example of frugality, it is by no means the most current. These days, frugal living can be best summed up as someone who does not spend money frequently, but when they do, they buy as close to the best that their budget will allow. Higher-end shoppers frequent the stores about once a month rather than...
Are you struggling with managing money in your life? Then you are not alone. We often see how lots of people who live out there in the world struggle hard with managing their finances in an effective manner. Multiple methods are available for the individuals around the world to manage their finances in an efficient way and enjoy life. Out of those methods, living a frugal life holds a prominent place. What exactly is frugal living or being frugal? The concept of frugal living can be relatively new to you. If it is, you need to make sure that you get a strong understanding about it, before you proceed. Then everything you do in your life would make sense. You can enjoy them, without having to deal with any unwanted stress as well...
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