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Frugality is an approach to managing personal finances that focuses on saving money through smart choices. To be frugal, you need not always opt for the lowest cost, but the best quality for the price. Consumerism Commentary offers many frugal living tips.

Frugal Living Tips

Frugality is an approach to managing personal finances that focuses on saving money through smart choices. To be frugal, you need not always opt for the lowest cost, but the best quality for the price. Consumerism Commentary offers many frugal living tips.

The Frugal Lifestyle: Are We Missing Out on Life?

by Flexo

Life is short, and I believe it’s important to do and accomplish the things that make us happy while we can enjoy it as much as possible, healthily and with full wits. Is this philosophy at odds with the idea of frugality? A reader recently wrote in with this question for other Consumerism Commentary readers: ... Continue reading this article…

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Living Paycheck to Paycheck On Purpose

by Guest Author

This is a guest post, written for Consumerism Commentary by Single Ma. Single Ma is the author of Fabulous Financials, a blog presenting a chronicle of a 30-something single mother’s pursuit of financial independence. I’m paid bi-weekly, which is typically twice per month. Every now and then, there’s a month or two sprinkled throughout the ... Continue reading this article…

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My Favorite Source for Movies? The Library

by Sasha

I’ve never been a big movie buyer, and I own a whopping three DVDs. If I can’t guarantee I’m going to watch it at least five times, I don’t want it cluttering my abode. But I do like movies, and so I opt for rentals. And there are more rental options out there now than ... Continue reading this article…

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Case Study: Retire a Multi-Millionaire With a $11 per Hour Job

by Flexo

When it comes to getting rich slowly, I’m generally a skeptic. The typical path to getting rich slowly prescribes investing $1,000 a month for thirty years into the stock market, earning 8 percent each year. At the end of thirty years in this example, you will find yourself with $1.5 million, but there are major assumptions ... Continue reading this article…

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Britney Spears: Doing Nothing With a Six-Figure Monthly Income

by Flexo

Here’s a hypothetical situation. Let’s say you’re a single mother with two children to support. Let’s also say, for the sake of argument, that thanks to royalties and such you earn $737,000. That is $737,000 a month. Even if you’re a big spender, surely close to $9,000,000 a year, and the income generated from investments ... Continue reading this article…

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Five Couples Living on $46k, Number 2: The Thibaults

by Flexo

Here is the second couple featured by CNN Money in their series about five couples living on an income of $46,000 a year. Michael Thibault is an insurance claims adjuster and Lisa Thibault works part-time. Together, they may earn about $60,000 this year in Indianapolis, Indiana. That seems to put them at an income significantly ... Continue reading this article…

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Five Couples Living on $46k, Number 1: The Ogles

by Flexo

CNN is featuring five couples living on about $46,000 a year. How do they do it? The first couple is Matt and Ginger Ogle. Matt is a public school teacher and speech coach bringing home the largest portion of the income, while Ginger adds a couple thousand a year as as part-time assistant speech coach. ... Continue reading this article…

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Extreme Frugality: Living Out of Your Car

by Flexo

A few months ago, television watchers like myself were bombarded by commercials featuring a young man attempting to “live” out of his car for a few days. However, this guy has been doing it since July 2005. Andy Bussell lives out of his pickup truck, sleeping in the back. He wakes up, showers at the ... Continue reading this article…

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