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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 simply not true. Frugal living just isn't about suffering to avoid wasting, depriving yourself of items you love for the sake to be frugal. It is about making smart financial decisions and saving money, so you can live the life span you want to live without having to work two jobs to cover it.

Frugal living means knowing when and how much you should invest in something you want. By learning how to live frugally you'll not pay over the top for something which isn't worth it... or can be bought cheaper somewhere else or through the use of coupons and rebates. It really is making a conscious effort to commit to smarter spending, even if that includes planning what you're going to buy, stockpiling food if this can be bought cheap and buying 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 is not part of the deal. As opposed to buying, buying, and getting, 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 accounts for how long it is going to last. Buying a cheap t-shirt that will last 5 washes, or perhaps a slightly more expensive one on a sale, that will last several seasons? You can guess which of the two options matches the frugal living lifestyle better.

Austerity - Living frugally takes more effort than taking the easy route and spending without thinking, it has many benefits. Everything money you save by utilizing coupons can go towards paying off your debts, or your mortgage, years until you are 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 an even more secure and happier life. And it is also kinder to the environment, so what's never to like?