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Many people who heard about the words Frugal living imagine somebody surviving in darkness, eating only canned meals and suffering in order to save a few dollars. That's not really true. Frugal living 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 spending less, so you can live the life you want to live without having to work two jobs to cover it.

Frugal living means knowing when and just how much you should invest in something you want. By learning to live frugally you'll never pay over the top for something that isn't worth it... or can be purchased cheaper somewhere else or by using coupons and rebates. It's making a conscious effort to agree to smarter spending, even when that includes planning what you are going to buy, stockpiling food if this can be bought cheap and buying things you don't need right now only when the price is correct.

Frugal living can also be closely related to eco-friendly lifestyles, because senseless consumerism is not part of the deal. Rather than buying, buying, and buying, the frugal lifestyle encourages repairing, cleaning and treating things carefully 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 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 through the use of 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, which is extremely important because realizing that you are in control of your finances means you will live an even more secure and happier life. Which is also kinder towards the environment, so what's to not like?

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