Category: Frugalwoods Philosophy

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How Planning Ahead Saves Us Serious Money

Perhaps the single greatest tactic a frugal weirdo can employ in the campaign to save money is… drum roll… planning ahead. Yep, planning. Not fancy apps or bizarre investing schemes or diets consisting solely of tuna fish. Planning ahead. There are different categories of planning ahead and different ways to apply this deceptively simple strategy to your own life. It’s true that I’m a girl scout and Mr. Frugalwoods is a boy scout, so you could say that...

113

My Foolproof Method To Stop Impulse Spending

I’ve heard from quite a few readers lately that impulse spending is something they struggle with and that, more often than not, these impulsive purchases derail their budgets. In mulling this over, I realized that Mr. Frugalwoods and I have instituted a few measures in our own life to curb impulse spending and so I thought I’d share them with you today. In many ways, our culture is specifically designed to encourage impulse spending. But we frugal...

99

How We Make Meaningful And Tax Efficient Charitable Donations

In the spirit of the holiday season, today I’m discussing how and why Mr. Frugalwoods and I make charitable donations. First, permit me to set the scene. Mr. FW and I consider ourselves to be very fortunate. And among our many, many blessings (which I enumerate here) is our wealth. Although we’re not rich by the standards of Wall Street or corporate CEOs, we’re well off. We’ve grown our wealth by saving exceedingly high percentages (circa 70-82%)...

38

Starting The Thanksgiving Season With Gratitude

As Thanksgiving looms on the horizon–scratch that, “looms” sounds entirely too negative… as Thanksgiving blossoms (?) on the horizon, I’m reflecting on how tremendously grateful I am for the wonderful things in my life.  I am fortunate beyond measure and thankful in a profound, deep way. Beyond my gratitude, I’m cognizant of the privilege that catapulted me to this point and mindful that not everyone in our country is so fortunate, nor so immune from hardship. I...

171

Striving For Compassion In A World Of Judgement

I am an incredibly fortunate person: my frugality is elective, not a requirement for my survival. While I enjoy frugality and the tremendous benefits it yields, I’m also aware that part of this enjoyment stems from the fact that it’s an optional lifestyle for me and my family. Much of what I write about, and reflect on, are the ways in which frugality has simplified and improved our lives–not the least of which is that it frees...

107

The Sneaky Way That Frugality Fixes Paralysis By Analysis

Much of what I own was previously owned by someone else. This is not news to you frugal acolytes and I’d wager your stuff is probably of a similarly second-hand strain. Plus, we recently established that used stuff is decidedly not gross. But did you know that buying used improves your health? And makes your hair grow back? And makes you a more interesting, mysterious individual? Ok maybe not the hair thing, but I posit the other two...

135

The Myth Of The Gross Used Things

We begin today with a satirical rant, which will, I promise, eventually wend its way around to some possibly useful advice.  Used stuff is gross. I mean think about it, someone else sat on my couch before I owned it. Someone else petted my dog before I adopted her. Someone else WORE my clothes. My cars were driven by another. Even my cloth napkin was pre-dabbed. Therein lurks a very real threat to many a would-be frugal person: the...

65

Frugality Is Not Deferred Spending

Frugality is not a hardship. It also doesn’t take a ton of time. And actually? It makes life easier. Frugality Is Not Deferred Spending I’ve had quite a few readers ask me lately how they should stay motivated to stick with frugality until they reach their longterm goals, which might be decades away. And my answer is that you don’t. You can’t. Because effective frugality doesn’t have an end date. If it did, then all of...

123

A Day In The Life Of The Frugalwoods: Homestead Edition

You all are a smart bunch so I decided over the weekend that I should ask what you’d like to read here on Frugalwoods. I put the query on our Facebook page and, lo and behold, you responded with gusto! Large thanks to all who shared an idea–if you haven’t yet, feel free to add to the conversation. I’ll be working my way through your suggestions! Today, I bring you a Day In the Life story,...

138

How To Build Confidence In Your Frugality

Frugality is not trendy. Nor is it particularly popular. Many folks, in fact, decry frugality as deprivation, as miserliness. The media certainly doesn’t do frugality any favors since no one stands to make money from it (except, of course, those of us who are practitioners). But as we frugal weirdos know, there are immense and far-reaching benefits of following a frugal path–from providing the financial freedom to follow your dreams to bringing peace and simplicity...