Category: Budgeting

small expenses

Is it Worth Stressing the Small Stuff?

If you happen to frequent personal finance blogs with any regularity, there’s a high probability that you come across certain advice that gets repeated numerous times. Some insist on optimizing every expense and cutting out any excess, others argue that you shouldn’t “sweat the small stuff.” Does focusing on cutting out daily $3 lattes really matter?

frugal living

Frugal Living is a New Mindset

We live in a society where everything is always becoming new and improved, arriving to our doorstep faster, easier to use, and simpler to understand. These services can make us become more reliant on outsourcing simple tasks and the cost tends to add up quickly. Frugal living challenges the conventional way of thinking and is a whole different mindset...

FOMO

No More FOMO – Frugal Living Doesn’t Mean You’re Missing Out

Every day we’re bombarded with messages of how we’re missing out on something better. This fear of missing out is often wrongly linked to frugality, as people spend their money frivolously to overcompensate. Spending more money doesn’t buy more happiness, and choosing to live a frugal lifestyle doesn't mean you’re missing out on what life has to offer.

budgeting

10 Ways Budgeting is Similar to Dieting

We're officially over a month into the new year! Two of the most common New Year’s resolutions that are made each year are saving more money and losing weight. At first glance these two goals seem to be completely unrelated, but after taking a closer look it becomes apparent that the steps to achieving them go hand in hand. Here are the reasons why budgeting and dieting are very similar...

frugal vs cheap

The Difference Between Being Frugal and Being Cheap

We all know who they are. Maybe they’ve pulled the “I forgot my wallet” trick a few too many times. Maybe they load their plate a little too high when a free meal is provided. Or maybe they consistently ask for financial assistance without returning the favor.

Whatever the case, these habits can get extremely frustrating, and eventually lead to strained relationships. We’re talking of course about people who are cheap...

hidden expenses

20 Expenses Everyone Should Look Out For

One of the most important aspects of personal finance is making a budget. Budgeting is a proven method to staying in control of your finances.

Often times, is the little remembered expenses that put us at risk. They are hardly noticeable, or come along so infrequently that we forget to incorporate them into our budget...

splurge

15 Things Worth Splurging On

In all honesty, most of the time I tend to try to avoid spending money whenever possible. I try to avoid being wasteful and purchasing items that will eventually end up becoming meaningless clutter. There are definitely exceptions to this tendency though. I love spending my money on areas that truly matter to me...

frugal athletes

#TeamFrugal: Professional Athletes and Frugality

Sadly, it’s become increasingly more common to hear stories in the news of multi-million dollar athletes reaching rock bottom and declaring bankruptcy.

With these alarming statistics and repeated news stories of athletes failing with their money, it would be easy to make the assumption that they’re all living that way. This makes the rare instances of athletes living frugally stand out...