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Many people who found out about the words Frugal living imagine somebody residing in darkness, eating only canned meals and suffering in order to save a few dollars. That's not true. Frugal living just isn't about suffering to avoid wasting, depriving yourself of things you love for the sake of being frugal. It is about making smart financial decisions and saving cash, so you can live living you want to live without dealing two jobs to cover it.

Frugal living means knowing when and the way much you should devote to something you want. By learning to live frugally you'll avoid paying over the top for something that isn't worth it... or can be bought cheaper somewhere else or by utilizing coupons and rebates. It's making a conscious effort to invest in smarter spending, even if that includes planning what you really are going to buy, stockpiling food if this can be bought cheap and getting things you don't need today only when the price is correct.

Frugal living is also closely related to eco-friendly lifestyles, because senseless consumerism isn't part of the deal. As opposed to buying, buying, and buying, the frugal lifestyle encourages repairing, cleaning and treating things carefully so they have a longer life. In many cases, it also encourages better consumer decisions, because an item's value also considers how long it is going to last. Investing in a cheap t-shirt that will last 5 washes, or perhaps a slightly more expensive one on the sale, that will last several seasons? You are able to guess which of these two options matches the frugal living lifestyle better.

Austerity - Living frugally takes more effort than taking the easy route and spending without thinking, but it also has many benefits. All that money you save through the use of coupons can go towards paying off your debts, or your mortgage, years prior to being supposed to. It can also help keeping you off debt, and that's extremely important because knowing that you are in control of your finances means you will live a far more secure and happier life. Which is also kinder to the environment, so what's to not like?