Category: Frugalwoods Philosophy

86

Why Be Frugal? One Word: Options.

Frugality gives you options. I’ve long thought this and I’ve seen it come to fruition in my own life many times. I figured I couldn’t be the only one so I polled our amazing Frugalwoods Facebook group to find out exactly what options frugality has facilitated for all of you fine frugal people. Turns out? Quite a few of you had stories to share and we’ll get to them in a moment. But first, I feel the need...

87

Deprivation Or Abundance? Turns Out, It’s Your Choice

Seven years ago, Mr. Frugalwoods and I moved to Washington, DC so that I could go to grad school (while working full-time) and Mr. FW could advance in his career. For the previous three years, we’d lived below ground in a sunlight-challenged basement apartment in Cambridge, MA. We were ready to upgrade. Our underground existence made us feel deprived and we thought we deserved something better. We wanted to be above ground, we wanted more than one...

120

How To Find Anything and Everything Used: A Compendium Of Frugal Treasure Hunting

I have a used couch and used cars. And used clothes, used tables, and almost every single thing Babywoods owns is used–from stroller to socks. Even my dog is used (sorry Frugal Hound, it’s true). Just how did I get all of this second-hand stuff? If you’ve ever wondered how to similarly outfit yourself and your family with such illustrious things as a coat from the trash and a dining room table from Craigslist, then today...

122

Moving? Wait Before You Renovate

Moving into a new house is surrounded by as much consumer fanfare as a new baby. There’s a temptation–and a goading by the likes of HGTV–to buy all new furniture, renovate immediately, and deck every wall in a trendy palette. But this urgent wish for everything to be precisely perfect is detrimental to both budgets and longterm planning. Hard as it might be, the frugal route is to bide your time. Impose A Waiting Period Before we...

84

How Barter and Trade Enhances Frugality and Community

Barter and trade is not dead! I’ve long touted this unconventional system as a fabulous way to circumvent paying for services, but I’ve sensed hesitancy to dive in from many of you. And so, today I bring you tales of other people (not just weirdo me!) utilizing the ethos of barter and trade for everything from free dance classes to haircuts to childcare. I posed the question to our Frugalwoods Facebook group–something I do periodically (last month’s query...

102

The Sweet Synergy Between Simple Living And Saving Money

What can you stop doing, stop needing, and stop buying? As I progress in my journey of lifelong frugality, I’ve come to realize that one of the things I value most about this lifestyle is the simplicity it delivers. I’ve learned that in many instances, I’m able to simultaneously save money and simplify my life. This gives me more time, less stress, and a more genuine appreciation for the small wonders of my daily routine. Oh and...

86

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...

127

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...

103

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%)...

39

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...