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Why You Should Not Fear Frugality

Bike by Fredrik Gertten

Frugality doesn’t have to be misery. The money you save from frugality is the money you can invest for the future. Trent Hamm on The Simple Dollar writes: “If you’re giving up stuff that you truly care about, then you’re not being frugal. You’re being cheap. Frugality is about getting maximum value for your dollar. It’s not about self-deprivation, at least not regarding anything that holds true value in your life. It is about cutting out the things that aren’t actually important to you. It is about seeking out less expensive ways to have the things that are important to you.” Some of the misleading reasons people fear frugality includes: “It’s a lot of extra work. I don’t want to live like a weirdo. The store brand is terrible.” (thesimpledollar.com)

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