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Does trying to earn more money . . . email this discussion to a friend?

myLot reputation of 68/100. daffodil1949 (1282)   ranked 218 out of 2,997 in frugal living7 months ago

What is frugal living? Does trying to earn more come under frugal living or is it only trying to get more with limited amount of money. If so doesn't it make one develop lack consciousness and makes one act and live like a poor? Though I am not for wasting money, things or any other resources I do feel struggling with the given amount of money is trgic.

 
 
frugal living
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peavey (2294) response was accepted on 8/19/2008.
denotes best response.
tags:  earn, more, frugal, smarter
 
1. myLot reputation of 97/100. momalisa65 (980)   ranked 1,199 out of 2,997 in frugal living   7 months ago

I think it's getting the most from a limited amoung of money. I used some tips I found on here and I've been making my own laundry detergent and dishwasher detergent and cleaning products for 2 months so far. I have saved alot of money already, and that is good because I had to cut back somewhere with the price of gas and everything going up!

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2. myLot reputation of 91/100. fredgame (1071)   ranked 2,996 out of 2,997 in frugal living   7 months ago

I think frugal living comes when you earn more and spend judiciously. those who are frugal spend unnecessarily on themselves. it's when you have more money but live a simple life.


myLot reputation of 90/100. beautyqueen26 (8069)   ranked 40 out of 2,997 in frugal living  7 months ago

I really like your answer!
That's so smart.
You mean living the simple life
by choice and not through an act
of desperation.

Yes, I have done that too.
Most times, I try to maintain an
even spending level, whether or not my
spouse has a good paying job or not.

That way I can put away much money
into savings for times when we are
not so financially well off.

That's my way of helping out our family.


myLot reputation of 91/100. fredgame (1071)   ranked 2,996 out of 2,997 in frugal living  7 months ago

that's frugal living in real sense. so you're a true person of frugal living.
we have people who are rich and lives frugal life whilst there are average who are extravagant in spending.

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3. myLot reputation of 98/100. peavey (2294)   ranked 62 out of 2,997 in frugal living   7 months ago

Frugal living is just getting the most from the money you have, whether it's a lot or a little. I know some pretty rich folks who are frugal. Another word for it is common sense.

In our world/economy/society, we're pushed and encouraged to buy, buy, buy, whether we need or even want an item or not. They convince us we must have it. Living frugally means taking charge of your money and not allowing advertising or the "status quo" tell you what you should have or do.

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4. myLot reputation of 87/100. nishdan01 (2079)   ranked 591 out of 2,997 in frugal living   7 months ago

Frugal living is reaping maximum value for your money. It has nothing to do with what you earn. It means trying to save every penny. Struggling to live is a different issue. Then one need to work harder to earn more to increase the income.

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5. myLot reputation of 62/100. kangallo (1605)   ranked 1,817 out of 2,997 in frugal living   7 months ago

Frugal living means living as simple a life as possible. One must be very careful while buying anything.
In modern world, prices have soared high and one should not buy certain things. It is even better if we do not buy certain even if we do need them.

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6. myLot reputation of 95/100. cher913 (9212)   ranked 9 out of 2,997 in frugal living   7 months ago

well to a certain degree i think it does, but to me frugal living means the fine art of saving money and cutting costs wherever possible.

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7. myLot reputation of 84/100. huswyf (918)   ranked 14 out of 2,997 in frugal living   7 months ago

It could also be referred to as "living within your means" in that you don't spend money you can't afford to part with and you are not wasteful.

I see lots of people my age who are in a lot of debt because they think they must have expensive things and luxuries - but then they get into trouble or have to take another job to pay for it all.

A lot of people who are frugal begin the lifestyle because they are struggling with their finances. The funny thing is that once they get in the clear they often carry on being frugal because they realise that it is a sensible way to live and many things are more important than the latest gadget or fashion.

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8. myLot reputation of 99/100. sweetdesign (2062)   ranked 371 out of 2,997 in frugal living   7 months ago

Living frugally is living a minimalist lifestyle. Living frugally living is living like you have no money so that you will have money. You save, you reuse you grow or make your own. You make that dollar stretch.

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9. huijing (11)   ranked 2,794 out of 2,997 in frugal living   7 months ago

Frugal living means smarter money management.When you know how much money you have in the bank and how much money you need to cover your monthly bills,you can begin to make better decisions about how your money is spent.Frugal living is also about living smarter,so that you can afford to live the life that you want to live—the life that you dream of living.

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