Comments on: Myth Busters: Myths About Frugality

By: 17 Signs that Frugality Has Gone Too Far

17 Signs that Frugality Has Gone Too Far — Wed, 02 Mar 2011 12:19:14 +0000

[...] spend many, many hours a week on frugality. Whether it’s clipping coupons or re-working your household budget, frugality takes time. If [...]

By: Investment Blogger

Investment Blogger — Fri, 10 Dec 2010 17:29:27 +0000

Being frugal encompasses finding good value for our hard earned money, accompanied by reduction in wasted resources (money being a big one), and allocating resources towards more productive goals/ideals.

Its unfortunate that most people believe being frugal simply means spending less, which is simply not true. Like the previous poster Making It Work said, cheap and poorly made things break more often and really end up costing more in the end. Allocating the money to the better quality items, but at discounted prices is a much better solution. And finding that balance isn’t always easy.

Hats off to you Making It Work, for not giving into the lowest price mindset, and staying with smart frugality. I know it may be sometimes tough to pay a higher overall cost for something, but its making those decisions that eventually improve people’s financial circumstances.

PS, your kids will love you for not letting them grow up to be brain dead consumer-centric individuals, by shutting off the TV!

By: making it work

making it work — Thu, 29 Jul 2010 06:38:06 +0000

frugal definitely does not mean cheap.
while raising 2 kids alone one a VERY meagre income, i realized the hard way i was too poor to be cheap. which means i figured out that spending money on poorly made necessities for my home meant i was replacing these items frequently. so, i waited until i could buy the best; the best can opener, the best garlic press, the best blender, toaster, cookware, etc ..small things, maybe but, i still have those ‘best’ items that i purchased, over 20 years ago, and they are still performing their duties admirably. if i had kept on down the ‘cheap’ track, i would have ended up spending to 5 to 10 times as much by now.
drying/canning/freezing fruits and veg in season is another great way to save money.
the GREATEST way, though, is..turn off the tv. get rid of it. you won’t start believing you need the things you see on there, and neither will your kids, if you’re not watching the thing. you’ll be more creative, in entertaining yourself, in gifting, in cooking and eating. you won’t crave junk food, or junk purchases. seriously, turn off the tube. you’ll save a bundle.

By: Financial Literacy: Earn More Than You Spend

Financial Literacy: Earn More Than You Spend — Tue, 27 Apr 2010 11:02:25 +0000

[...] frugality, and a frugal lifestyle, does require activity to a certain degree, in my mind spending less is [...]

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By: Jamel Rose

Jamel Rose — Fri, 12 Feb 2010 01:22:08 +0000

These are all myths. Frugal living does not mean you are not having fun at all. Everyone has its own satisfaction. Everyone has its own happiness.

Living frugally is not any different than if you were changing your dietary habits, occasionally you fall, but you get back up and get on track.

By: Week in Review: Micah Edition | Buck$ome Boomer's Journey to Retirement

Week in Review: Micah Edition | Buck$ome Boomer's Journey to Retirement — Sun, 31 Jan 2010 13:03:58 +0000

[...] Mythbusters: Myths about Frugality Ray @ Financial Highways dispels popular misunderstandings about frugality. My favorite is that Frugality means Cheap; nope it’s not the same thing. [...]

By: JN Urbanski

JN Urbanski — Sat, 30 Jan 2010 23:31:29 +0000

This is a great article: all truth. Frugality is, indeed, not a fashion statement but a lifestyle choice. If it becomes fashionable and we all get down with the borax, vinegar, recycling, vintage clothing and eating simple, natural foods I, for one, will be extremely pleased.

By: Tinkr.net » links for 2010-01-27

Tinkr.net » links for 2010-01-27 — Thu, 28 Jan 2010 05:06:05 +0000

[...] Myth Busters: Myths About Frugality [...]

By: Ray

Ray — Wed, 27 Jan 2010 11:20:48 +0000

@Anonymous…if you keep spending more than what you make increasing your income will not make you any wealthier, yea you can buy more things and more expensive things but you will not be able to increase your income. You always see many celebrities being in financial trouble even though they make millions of dollars per year. So making more won’t improve your net worth unless you learn how to spend less.