Tag: lifestyle
Unlocking the Secrets to a Thrifty and Loving Marriage
September 28, 2017
Marriage is a beautiful thing, but it can also be quite expensive. The pressure to keep up with societal expectations and the desire to show your love and affection for your partner can sometimes lead to overspending and financial strain. However, it doesn’t have to be this way. You can have a loving and thrifty marriage that is both fulfilling and financially stable.
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Breaking Free: The Illusion of Success in a Debt-Based Lifestyle
September 21, 2017
With the rise of consumer culture, living a debt-based lifestyle has become a norm. We are constantly bombarded with the message that success is measured in terms of material possessions. But the truth is, this is all just an illusion. The debt-based lifestyle only leads to stress, anxiety, and ultimately, financial ruin. It’s time to break free from this vicious cycle and start living a life that is fulfilling, both financially and spiritually.
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10 Fun Things to do for Free with the Family in January
January 7, 2017
Want to go and do fun things in Jan but at the same time not wreck your savings goals? Here is a list of some enjoyable pursuits that you can do with your family this month while remaining frugal. My list starts with indoor activities, as much of the US is blanketed with snow, but it also later includes outdoor ideas for those people either wrapped up warm or who live in parts of the US that remain pleasant during these colder months (like me – but don’t worry, I do have to pay for this luxury with having to pay for a higher house price, etc!). Here goes, my thoughts on things to do are: Continue Reading
1 million dollar savings goal
January 2, 2017
OK, so building on yesterday’s 2017 New Year’s resolutions, I thought I would publicly add in my savings goal for financial independence. My immediate goal is one million dollars!! Wow, ouch, OMG or other suitable words and phrases come to mind when thinking about this amount of money. Also, why 1 million (in today’s money)? Well, this will allow me to live on a 4% dividend rate comfortably, without having to work again out of necessity. I have a few ideas and plans I am implementing to reach this huge amount of cash and they are: Continue Reading
Thriving in the Age of Frugality: Embracing the New Normal
June 28, 2015
The COVID-19 pandemic has changed the world in many ways, including how we think about money. With the economic turmoil that has ensued, many people are finding that they need to be more frugal than ever before. The “New Normal” is a world where people are cutting back on expenses and learning to live with less. However, frugality doesn’t have to be a burden. In fact, many people are finding that they are thriving in this new era of austerity.
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The Power of Frugality: How It Transforms Your Life for the Better
March 14, 2015
In today’s society, where materialism and consumerism are so highly valued, it can be easy to fall into the trap of overspending and debt. However, practicing frugality can be a powerful way to take control of your finances and transform your life for the better. Living frugally means making conscious choices to save money and avoid unnecessary expenses. It doesn’t necessarily mean living a life of deprivation or sacrifice. Instead, it can help you to prioritize the things that truly matter, such as building savings, investing in experiences, and living a fulfilling life.
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Hedonic Adaptation – Are You the Hamster in the Wheel?
June 21, 2014
When I first heard of ‘hedonic adaptation’ I wondered what it was, perhaps it was some kind of cool new band that I had not yet listened to? Nope, it is instead a term whose meaning I suggest should be taught to every citizen in the US, or perhaps every citizen in this rapidly developing world of ours.
Got your attention? I hope so, because for me, learning about hedonic adaptation made me changed my entire views on money, savings and investments, and my focus on what really makes me happy. Continue Reading
Savings = greater happiness
February 14, 2014
Did you read the recent interesting Ally study results saying that it isn’t necessarily the salary that you can earn but rather your savings that can really affect your levels of happiness?
If you would like to read in a little more depth I found a nice discussion on the topic here.
OK, so overall such a survey didn’t appeal to my rigorous scientific standards. However, the gist of it is that Continue Reading
Why Frugality?
January 21, 2014
OK, so the question of why frugality could easily turn into a very long winded and potentially quite boring essay, which I will try my best not to do!
To keep it relatively short, I see three major reasons for embracing frugality, where each of these are clearly intertwined. The first is financial independence. At a time when many people are worried about how they will get by in retirement, a very sad state of affairs, would you instead like to still be working, but knowing that you are already financially free? Continue Reading