Net advice on how to make frugality pay

Tue, Oct 9, 2012, 01:00

   

Frugality is the mental approach you take to deciding how to allocate your resources. The actual approach will vary from person to person. It’s by no means a sign of desperation, but a positive approach to financial independence. Once you get your head in the game, you can raise frugality to an art form.

Following a diverse range of inputs from all over the world sharpens your instincts. The worldwide web is a deep well of inspiration in frugality as in all things. Weigh the price of everything and learn by drilling the tactics.

Using the self-help approach, you will quickly become aware the second someone is trying to sell you a service or product so that you don’t go down that route. The important thing is to study the useful habits of thrift, take them on board and adapt them to your own circumstances.

5 FRUGAL PROVERBS

By sowing frugality we reap liberty, a golden harvest – Agesilaus

Frugality may be termed the daughter of Prudence, the sister of Temperance, and the parent of Liberty – Samuel Johnson

He who does not economise will have to agonise – Confucius

Beware of little expenses; a small leak will sink a great ship – Benjamin Franklin

With parsimony a little is sufficient; without it nothing is sufficient; but frugality makes a poor man rich. – Seneca

10 FRUGAL TWITTER ACCOUNTS

@FlatOutFrugal

Useful thoughts, ideas and tips for seriously frugal living. Take what you like and leave the rest.

Tweet:Old credit, debit and bonus cards can be cut into guitar picks. # Frugal

@moneyqanda

Questions and answers to your money, investing, retirement and savings questions. Giving you tips, advice, and articles to help you find financial freedom.moneyqanda.com

Tweet: Five Sneaky Ways To Save Hundreds When Selling Your Car

@FrugalRules

A dad who cares about budgeting, investing, saving and finding freedom through frugality. frugalrules.com

Tweet: What the Government Teaches About Living Without a Budget

@Budget_Bytes

My stomach is full and my wallet is too. budgetbytes.blogspot.com

Tweet: Can’t get enough of the shrimp and rice salad! #nom

@wisebread

Personal finance and frugal living portal. wisebread.com

Tweet: Have you ever considered making money by renting out part of your home short-term to tourists?

@GRSblog

Get Rich Slowly, personal finance that makes sense. See getrichslowly.org

Tweet: Riding a bike is cheaper as you don’t have to pay for gas or car tune-ups, but don’t forget that a bike needs repairs too.

@thefrugaltoad

Practical money-saving advice for everyday living. Personal finance, travel and leisure, frugal living, DIY Tips and more . . . thefrugaltoad.com

Tweet: A Guide to Frugal Classroom Activities for Teachers

@trenttsd

How can I make your life better? Trent Hamm, the 32-year-old father of three, author of The Simple Dollar and 365 Ways to Live Cheap. thesimpledollar.com

Tweet: I just got accused of damaging the US economy by encouraging people to be frugal and entrepreneurial iti.ms/RFPf25

@SavvySugar

It makes sense.

savvysugar.com

Tweet: Budget-friendly night-in idea: throw an adult sleepover!

@LearnVest

Our mission is to empower you to live your richest life, by providing trusted, unbiased resources to help you take control of your finances. learnvest.com

Tweet: Always put your extra change in a jar, and use it to treat yourself when you accomplish a financial goal.

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