What Does “Frugal” Mean To You?

This post may contain an affiliate link. Click for the full disclosure.

Why We Chose a Frugal Lifestyle

I often struggle with finding a balance of being Frugal and paying retail because it’s just so much simpler. So I wanted to know your thoughts on What Does Frugal Mean?

I think we all all can agree that we often find ourselves going back and forth between 2 types of Frugal living. While they both are dear to my heart and both bring me joy life tends to get in the way and I loose my focus.

1. Frugal Living means making your own bread, avoiding the stores, cooking from scratch, reusing as much a possible, etc.

2. Frugal Living means shopping stores and stockpiling for free or as close to free as I can. Not to mention adding in the occasional Thrift Store or Garage Sale stop!

When trying to define Frugal in Wixipedia here’s what it comes up with: Frugality is the quality of being frugal, sparing, thrifty, prudent or economical in the use of consumable resources such as food, time or money, and avoiding waste, lavishness or extravagance.

Here’s how they also defined Frugal Living: Frugal living is mainly practiced by those who aim to cut expenses, have more money, and get the most they possibly can from their money.

So What Does Frugal Mean To You?


Leave a Comment
(2 Comments)

Comments

  1. Alicia Hammonds says:

    Frugality – just like everything else in life – means different things to different people. I am WAY more frugal than a whole lot of people I know – I stockpile free/cheap, I rarely shop at all if I can help it (aside from groceries), we rarely eat out (maybe 1x a month, and that’s with a coupon) and we never throw out leftovers – they always get eaten for lunch. I even cut the ends off the toothpaste bottles and turn the dish soap bottles upside down to get every last drop! But I have my limits – I will not reuse Ziploc bags, for one. My time is too valuable to me to wash those suckers! I pay people to 1). paint (all I do is make a mess!) 2). change my oil (see Ziploc bags above – my time is more valuable to me than saving $35!) 3). rent cars when we go on vacations – with a discount, of course ;-) 4). paid people to build our house. All of it. Even cutting down the blighted trees. They know what they are doing, and I do not. They are licensed/bonded, and if I got hurt, I was up a creek. I do not buy used mattresses, underwear, shoes, anything personal. Just a personal preference of mine. We were totally debt-free until a year ago – we built a house. Saved up money like crazy for 10 years and put a huge down payment on it – I was NOT going to pay the gov’t any PMI, that was for dang sure! Yes, we have a mortgage now, but it’s cheaper than most peoples’ car payments. I have no desire to go gazelle to pay it off early. And we’re contemplating buying a sports car – my ‘bucket list’ car. Paying cash for it, yes. We go on vacations and have an RV, and enjoy ourselves. I still consider myself frugal (see if you can buy $170 worth of groceries as Publix for $20 – and my Publix doesn’t take Target qs!), but to a lot of people hearing all this, I would not be considered frugal. But, I think the problem is we all make it into a contest to see who does without the most or does the most things to save money. As long as we’re all saving SOMETHING, that’s a whole lot better than most of the world is doing! Just don’t fall into the credit card trap – I never have and never will!

    • Thanks for sharing, Alicia. I love your take on “frugal” and agree with most of what you say (I have to admit that I do on occasion recycle Ziploc bags!). Everything else you say makes sense. Anyone else want to add to this conversation?

Please Leave Us a Comment!