Tag Archives: personal finances

Frugality is a spectacular tool for immediately seeing positive financial results in your life. Whenever you find ways to get most of the same value in your life for a lower price, or you find a different avenue completely to fulfill your needs and wants without the same sticker impact, you’re managing to still enjoy life while spending less than you have before.

There’s a catch, though. At some point, you’re going to cross a line where the frugal strategy is no longer enjoyable. You’re going to give up something you care deeply about and find yourself feeling miserable about it.

The reaction to that state is usually a bad one. People who dig deep into frugality and then find themselves miserable often respond by undoing most of the frugal changes, even many changes that have little or no life impact for them. When they cross that line where they feel a sense of deprivation, that’s it. They’re done with frugality for a while.

Read More