How to Adopt a Frugal Lifestyle in 2020

How to Adopt a Frugal Lifestyle in 2020

ByKori
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One resolution that many make at the start of a new year, is to save money. This may translate into simply setting aside a certain amount from each paycheck or may be as complex as developing a sophisticated budgeting system. Or, it may involve a series of lifestyle changes. So how just how difficult is to be frugal? And is there a simple formula for adopting a frugal lifestyle? While some may argue that it’s complicated and that they’ve already tried; being frugal is more than just saving money. Being frugal, to me, means being resourceful and taking on a new mindset towards money. Just How Difficult is it to be Frugal? You might really want to save money and be frugal, but just can’t…

What Does Being Frugal Mean?

ByKori
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When you hear the word “frugal” what do you think of? What does being frugal mean to you? Does it strike a particular image in your head? Do you conjure up a binder of coupons? Being frugal means different things to different people. So what does being frugal mean and does it really mean that you have to completely alter your lifestyle? Well, yes and no. Just because you’re making the decision to be frugal, doesn’t mean that you have to sacrifice everything that you already have. Part of being frugal, to me, means coming to appreciate what you already have instead of constantly wanting things that you don’t have. What does it mean to be frugal? Being frugal, for many, is as much of…

6 Tips for Living Well Within a Budget

6 Tips for Living Well Within a Budget

ByKori
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A common myth about budgeting is that you’re making too many sacrifices and by doing so, you’re giving up a lot of luxuries and comforts. While this might be true for some things, it is still possible to live well within a budget. You can also learn to live with less if the thought of living well within a budget is just unappealing to you. Or maybe you feel that just don’t need a budget and that you can manage your money by yourself. While this very well might be true, I would still recommend considering a budget- you never know where it might take you. Living within a budget can be intimidating to say the least, you know where your money is going and…