Friday, September 29, 2017

How to Live a Purposeful Frugal Life

Are you a frugal person or a spend now kind of person? If you are finding yourself without money on payday than it might be time to reconsider how you have been living. You don’t have to live without the things that 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 have the money to get it. When you spend less money, you will have more when you actually need it. 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: making a savings plan, setting up automatic bank transfers so that you are not tempted to spend the money, opening up a savings account, and making strategic cuts in your current lifestyle. Finally, if you do find yourself with extra cash somehow (gift, tax refund, bonus at work) stash it away and don’t spend it.

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