Article Advise

submitted: Aug 16th 2008 | by: WilliamBlake | Total views: 2 | Word Count: 378 | |

Living thrifty is often equated with boredom and misery. This doesn't have to be true, though, because even the thriftiest individual can derive true happiness from life; they don't have to be a stingy scrooge. A thrifty person tends to live debtless with money to spend and the freedom to do so.

Frugal and thrifty people make wise decisions, not stingy ones. A frugal person has learned through experience how to find bargains and patiently wait for sales so that they make purchases that are best for them financially. Above all, a thrifty person is always adding to their savings.

Living thrifty brings a plethora of benefits, the first being financial security. Instead of blowing money, they wait to go on vacation, buy things they want, and otherwise spend money wisely so that they always have savings to fall back on.

Spending less money means that a thrifty person doesn't require the same income to sustain their habits that a less frugal person would. That leaves them freer to enjoy life. Their work schedule thus is less restrictive, possibly even allowing them to work from home in pseudo-retirement.

When it comes to making purchases, cash is still king and it gives you a great deal of power in negotiations. Living a frugal lifestyle will help you accumulate the cash you need to buy the things that are important to you. It will teach you to make calculated decisions with your money, not emotional ones. And it will help you be in a position to almost name your own price.

Living thrifty does not have to be difficult. It is easier, however, to become frugal with the help of family members. Talk to your family before you start making changes towards a thriftier lifestyle.

Eliminating credit card dependency is the first step in making yourself a more frugal person. Buy with cash instead. Don't buy anything without first sleeping on it. A twenty-four hour purchase waiting period will help you make sure you aren't buying something just out of emotion.

A frugal life can be a wonderful life. You have security, freedom, and an appreciation for all that you have.

About the Author

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