Learning to be Frugal with Frugalfied
Are you ready to be Frugalfied?
Right about now you’re wondering, what the heck it means to be frugalfied. Well, I’ll tell you. To be fruglafied means to be schooled in the fine art of being frugal.
Being frugal is not the same as being cheap; it means to live within your means, to do more with less, and to find happiness without going into debt in the process.
Being frugal is not a bad thing and it’s not going to make you become the butt of the joke as it once did many moons ago. I’m guilty of thinking this way when I was younger. I’ll admit, we were downright poor but not so poor that we had washed and reused our styrofoam plates.
What’s wrong with being frugal?
When I was a young teen, I had a best friend whose parents were the neighborhood jokes; at least among the other teens around us.
I remember my friend being so ashamed of how his parents were with money that he was always wanting to spend the night at my house where he could have real whole milk, instead of powdered milk, with his morning cereal; or name brand soda with dinner.
He hated having friends over to his house where they weren’t allowed to have a television, couldn’t play in the back yard because it was always full of clothes drying on a line, and every square inch of space was being used to grow food of some sort.
I look back now and think how advanced his parents were in the frugal game. They weren’t poor at all and drove nice cars, plural (this was a time when most families only had one car.) Plus, they went on at least two family vacations each year, not counting all the weekend getaways and day trips they took together.
In retrospect, his family was well off in the financial area. His older brother was away at an out of state college, the same college my friend would eventually attend.
I don’t know how it started but as a youngster, being frugal was always associated with being cheap or being poor. That’s just not the case. At least, it isn’t the case anymore.
Be Frugal and Say goodbye to the Joneses
Too many people buy material things to impress people they don’t care about and this has been a 20th-century problem, now overflowing in the 21st century. Credit cards, home equity loans, and easy access to loose lending arrangements makes it too easy to spend more money than you actually earn, leaving you in debt.
Not all of that spending is meant to draw envy from the Joneses, most of it is to inflate one’s own ego. There was a widespread awakening when the last recession hit in 2008. Downsizing and taking up a minimalist lifestyle became a necessary action for many.
How being frugal became cool
The official report is that the last recession lasted approximately 19 months and ended in June of 2009. Unofficially, that is a crock of ^&$*. There are plenty of part-time and low-paying jobs out there. In fact, according to a recent report from the Bureau of Labor Statistics, there are 6.2 million job openings in the US right now.
With so many job openings, you would think that everyone in the US is doing very well financially. The reality is, nearly 1/3 of the US population is at or below the federal poverty level. But that doesn’t mean that a third of the population is unhappy.
We’re not as happy as the people in Norway in 2017, but that has more to do with political discourse than with personal finances. Well, maybe they’re a bit related but we Americans have more to look forward to than we’ve had in years. Opportunities are boundless but that doesn’t mean we should go bat-shit crazy with our spending.
We’re going to have many rainy days ahead and there is no telling when a natural disaster or another economic disaster will hit. Giving pause to this thought is the whole reason I’m starting this Frugalfied blog.
Welcome to my journey to being healthy, wealthy, and wise. Let’s get Frugalfied together.