Wednesday, July 20, 2022
HomeBudgetLet Your Frugal Flag Fly! 6 Causes Being Frugal Is Cool 😎

Let Your Frugal Flag Fly! 6 Causes Being Frugal Is Cool 😎

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I noticed a killer deal on the grocery retailer the opposite day… These Bitchin’ Chipotle Sauce issues are often $7-8 every at Costco… however I discovered them for under $1 on the 99c retailer! Woohoo!

After stacking about 15 into my purchasing cart, I took a celebratory picture and despatched it to my spouse… She was very proud, having taught me a lot of the deal-hunting methods I take advantage of right this moment.

I don’t learn about you, however I feel being frugal is a cool factor. It’s one thing we should always rejoice extra and share extra with the world.

Right here’s some cool stuff you could not learn about why being frugal is superior…

Being Frugal Makes You Extra “Enticing” 😘

In accordance with this survey accomplished by Slickdeals a pair years in the past, 92% of Individuals contemplate frugality a sexy high quality in a associate or potential associate. 92%, yo!

Not solely that, 79% of individuals suppose it’s “completely acceptable” to make use of a coupon on a primary date! 🤯 Woohoo! Carry on clippin’, you good-looking couponers.

The survey additionally talks in regards to the distinction between being “frugal” and being “low-cost”… Whereas frugality is a turn-on, being low-cost is a turn-off!

Being frugal: 

  • Shopping for off-brand gadgets ✅
  • Procuring at second-hand shops ✅
  • In search of offers and utilizing coupons ✅
  • Retaining & utilizing outdated electronics ✅
  • Watching films & consuming alcohol at residence as an alternative of going out ✅

Being low-cost:

  • Not leaving a tip ❌
  • Not paying when it’s your flip ❌
  • Consuming expired meals ❌
  • Counting on others to pay ❌
  • Skimping on hygiene & self care ❌

Frugal Habits = Snug (and Earlier) Retirement

Final month, Private Capital launched a survey to search out out “Have Individuals Change into Extra Frugal”? The brief reply is YES! And for good cause…

Listed here are the important thing survey takeaways:

  • 90.4% of respondents declare to have “frugal habits”
  • The No. 1 cause they undertake frugal habits is “to avoid wasting for future investments”
  • Of those that have adopted frugal habits, 50.7% at the moment are contemplating early retirement!

Wow. “Early” retirement is one the rise! It’s not only a pipe dream – an increasing number of individuals are getting their monetary lives collectively, utilizing frugality as a cornerstone.

Conscious Spending Means Extra Worth For {Dollars}

Think about Joe and Steve every have $100 to spend.

Joe buys tickets to a ball recreation ($50), sizzling canine ($20) and a few gadgets on the stadium reward store ($30) on the way in which out. In all, Joe spends $100 to expertise a ball recreation.

Steve is extra aware with spending… He buys tickets to the identical ball recreation ($50), however eats meals at residence beforehand ($0) and doesn’t purchase souvenirs ($0). Then, the next weekend, Steve buys tickets to a different complete ball recreation ($50).

Each mates spend the total $100, however Steve’s frugal habits permit him to expertise 2 ball video games the place Joe can solely expertise 1.

Merely put, spending much less on issues that don’t present long-lasting worth means you’ll be able to spend extra on issues that do present you worth.

Frugal People Assist the Surroundings 🌱🌎

While you purchase much less “stuff,” people manufacture much less “stuff.” When people manufacture much less, we use much less of the Earth’s dwindling pure sources. Fairly merely, actually.

Do you know that people use extra pure sources every year than the Earth can truly generate throughout the 12 months? Doesn’t take a genius to determine that this isn’t sustainable, and at some point, all of the sources will probably be GONE.

Having a frugal mind-set and way of life may also help scale back your environmental footprint. Residing in extra and consuming greater than you want is the alternative. 🙅

DIY Initiatives Improve Your Resourcefulness

For those who can develop issues your self, make issues your self, and sort things your self… you might be much less depending on others. And isn’t that what we’re all sort of capturing for — independence?

I’m not speaking about doing every thing your self in life. There’s a stability between DIY and outsourcing.

However frugal individuals perceive that the extra issues they’ll remedy with their very own two palms makes them extra resourceful and provides them extra choices and management.

Frugality Improves Social Connections

Generally individuals are afraid to confess they’re frugal… They’re anxious others may shun them or lower them out of future invites.

However I’ve skilled the alternative! The extra open I’m about my way of life, the extra individuals I appear to attach with. 

It’s refreshing when different individuals admit they’re attempting to economize, get deal or waste much less. Frugality truly brings individuals collectively.

An enormous a part of being frugal is sharing, swapping, giving and receiving. All these actions enhance social relationships. Take into consideration Purchase Nothing teams, co-op organizations, and even potluck meals. Sharing is caring!

*****

So, what do you reckon? Do you suppose being frugal is cool? Or is my imaginative and prescient warped? (Is also a budget sun shades I’m sporting, which I acquired for a discount. Simply sayin’ 😎)

Wishing you all an superior Friday and nice Tremendous Bowl weekend!

Love, Joel

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