Frugal living is worth it! Or is it? : r/Frugal - Reddit
Frugality is the mental approach we each take when considering our resource allocations. It includes time, money, convenience, and many other factors.
FAQs about Frugal living is worth it! Or is it? : r/Frugal - Reddit Coupon?
Is 'frugal' a good idea?
Yes, exactly. In economic terms it's about the efficient allocation of scarce resources. (money, time) I cringe every time I hear "frugal" used interchangeably with "cheap" or "poor". Frugal means that you obtain the best value for your money. ...
Is low-cost a frugal price?
Some folks cross the line into cheap by misconceptions that low-cost = frugal when in-fact highest ratio quality:cost = frugal. Frugal is not simply the opposite of excessive. Fancy pants expensive store has $50 brand name snow-shovel that works well. $50 is a ridiculous price, this is excess. ...
What does it mean to be frugal?
Frugality is having the foresight to buy the two liter bottle and stick it in the fridge. This is a really good definition. I like that the emphasis is placed on how you buy things, not what you buy. Then you can be frugal whether you live in a micro apartment or a mansion. My definition of frugal is not wasting. Be it time, money, whatever. ...
What is frugality & why is it important?
Frugality is the mental approach we each take when considering our resource allocations. It includes time, money, convenience, and many other factors. Eating out: Stop eating out, this means no fast food, no pizza delivery and no door dash. Eating out is usually the single biggest waste of people's money. ...
Does frugality save money?
Frugality isn't SAVE ALL THE MONEY ALL THE TIME, everyone has different passions and things that are important to them. For example if travel is important to me, then spending money on travel is justified. ...
How do you be frugal & minimalist?
There are plenty of ways to be frugal and minimalist. If you need a power tool, rent it instead of buying it and storing it. Borrow stuff from people and pay them in cash, pizza, or beer. Just don't put people in a bad/confrontational position when borrowing stuff. Pussy-foot around it. "Hey I need a mitre saw for a couple days. ...
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