The Art of Frugal Living

By Eric Reynolds, published Jul 05, 2007
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To pay all of my bills for a single month I only need about $650. My work week isn't forty hours, it's twenty. Last month I drove less than 100 miles in my car. How do I do it? Frugal living.

Everyday people are spending their hard earned money on things that they don't need, and sometimes don't necessarily even want. A trip to McDonald's might seem cheap now, but over time it adds up. Those cigarettes might seem like a necessity, but they can also cost over $100 a month.

What if I told you that you could live comfortably and cut your work week in half? What if "work" wasn't something that took up the majority of your time? Would you be willing to do what it takes to make that a reality?

First, frugal living can benefit almost anyone, but what I am talking about really only applies to young, healthy, singles. Working twenty hours a week, and living off of $30 worth of food a week, doesn't really work if you have two children and a sick puppy dog. However, don't let that scare you off! No matter who you are there are a few tips in this article that you may find beneficial.

So what is frugal living? Well everyone has their own definition of what frugal living is. The millionaire might consider frugal living to be a month without his butler, while someone like me would consider that definition insane. Personally, I define frugal living as this: living as comfortably as possible while reducing the amount of work you must do.

Also known as The Art of the Lazy Man.

When I tell people that I work less than twenty hours a week, their first response is normally something like this, "Are you just lazy or do you not like money?"

The definition of "lazy" is: averse or disinclined to work. That describes me all right, but who doesn't that describe? When was the last time you heard someone say, "I sure love slaving away at work and getting paid less than my time is worth!" My guess is never.

So now that I've admitted that I hate to work, let's get started.

Skydiving is safer!

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I've always said I can't see the point in working your life away. Many couples, or singles for that matter, work 40 hours a week or more, barely see each other, and they are never home to enjoy everything they're working to pay for. They say they HAVE to work all of those long hours. No they don't. Sure, some have to work long hours to pay basic bills, but others think they must have brand new vehicles, a huge house, and all of the toys to go with it. I'd rather enjoy life and not work myself to death to pay for things I'm never home to enjoy anyway. It doesn't take a lot to make me happy! You should take a look at my recent articles on the benefits of apartment living. I make a lot of points that go along with this concept. Great article!

Posted on 07/05/2007 at 7:07:00 PM

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