Difference between revisions of "Frugal living"

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Being frugal is about being happy while saving money.
 
Being frugal is about being happy while saving money.
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Cheap people think short term. Frugal people think long term.
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Cheap people care about the cost of something. Frugal people care about the value of something.
  
  

Revision as of 16:29, 26 January 2011

Frugal (and green!) living

Overview

I will be giving a talk about ways to live frugally, and sometimes eco-friendly. As shapr put it, "The way I see it, the more money I can save, the more money I can spend on tech [things], right?" And of course, we all want to be green. Some of the stuff I will talk about, I already went over in my Green Lving class.


Definition of "Frugal" and "Cheap"

Being frugal takes more effort.

Cheap people are not happy people.

Being frugal is about being happy while saving money.

Cheap people think short term. Frugal people think long term.

Cheap people care about the cost of something. Frugal people care about the value of something.


"The Latte Factor" vs The laundry detergent factor

http://moneyning.com/frugality/the-latte-factor-and-becoming-a-millionaire/


Debt Stuff

http://en.wikipedia.org/wiki/Debt-snowball_method


Links

Poverty Line