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

Frugal living means knowing when and just how much you should spend on something you want. By finding out how to live frugally you'll not pay over the top for a thing that isn't worth it... or can be bought cheaper somewhere else or by utilizing coupons and rebates. It really is making a conscious effort to commit to smarter spending, even though that includes planning what you are going to buy, stockpiling food in the event it can be bought cheap and purchasing things you don't need right now only when the price is right.

Frugal living can also be closely related to eco-friendly lifestyles, because senseless consumerism just isn't part of the deal. Instead of buying, buying, and getting, the frugal lifestyle encourages repairing, cleaning and treating things with care so they have a long 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 even a slightly more expensive one over a sale, that will last several seasons? You can guess which of these two options matches the frugal living lifestyle better.

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