What do you think when you think of the word frugal? Cheap, poor, unhappy, miserable, etc.? Being frugal is not fun. If you are a frugal person that means you don’t buy much versus a non-frugal person who spends every penny they have. Frugal is a misunderstood word. Just because you are frugal does not mean that you have to live without the things you want. According to an article, being a frugal person does not have to be something you are forced to live. In fact, if you purposefully live a frugal lifestyle then when you want something you will actually have the money to get it versus the other way around where you will likely be using your credit card. When you spend less money, you will have more when you actually need it. This is frugal living with a purpose. By being frugal it gives you more freedom and flexibility and you don’t have to be stressing over money all of the time. Some of the ways that you can easily live a frugal lifestyle without cramping your style include: setting up automatic bank transfers so that you are not tempted to spend the money, making a savings plan, making strategic cuts in your current lifestyle, and opening up a savings account.
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