10 reasons why I am extremely frugal.
The biggest threat to your freedom in this world is consumerism. Consumerism is when you are constantly spending your money on material possessions thinking that they will add value in your life. The reality is that when you pursue this path, you are often met with high stress, long hours at work, and lack of freedom.There is one way, however, to fight the rising prices and over-consumption and it is through “frugality.”
Frugality often gets confused with being cheap. People often think that when you are frugal, you are depriving yourself of things in life; however, people are wrong when they say this.
- Being cheap is not spending your money and depriving yourself of things in life.
- Frugality is managing your money carefully and not wasting anything.
Being frugal should be the norm in society because when you are frugal you end up saving more money and then you have more options in life. I have been frugal my entire life and this lifestyle has allowed me to do many things in my life. In this video I share 10 reasons why I am frugal.
“10 Reasons Why I Am Frugal”
Reason 1: I Don’t Want to be Controlled By The Man
When you do not have much savings or are in debt you lose your options. You do not have as much control over your life’s decisions and have to take orders from other people. Money = Options. I am frugal because I do not want my options to be controlled by other people.
Reason 2: I Don’t Really Like Working
I do not want to spend the majority of my life staring at a computer screen and working 40 hours a week. I want to take breaks in my life and not have to work consistently until I am 65. I am frugal because I want to spend less time working and more time enjoying life.
Reason 3: I Don’t Want to Spend My Life Figuring Out How to Pay Off Debt
Debt creates a lot of stress in people’s lives and make them have to work hard to figure out how to pay off the debt. I would prefer to just be frugal and not get in debt in the first place, so I can spend my time doing things that are more important to me.
Reason 4: I Value Freedom Over Possessions
Once the bills are paid you can save the leftover money or spend it. When you are spending it you are getting a dose of dopamine, but when you are saving it, you are buying back a small piece of your freedom. I am frugal because I would prefer to save money and have more freedom in my life.
Reason 5: I Don’t Want to Lose Appreciation
I have noticed that as I make more money in life that I can buy whatever I want, but I am losing appreciation when I get something. I try to limit myself on things like eating out or treating myself because I want them to remain treats. I am frugal because I don’t want to lose appreciation over things.
Reason 6: I’m Not That Smart
I do not have an idea that will make me a million dollars and become financially independent. That said, being smart is not necessary because you can save a lot of money by being frugal.
Reason 7: I Don’t Want My Life to Revolve Around Money
When you do not have money, you have to make decisions based on if you have the money. I make decisions every single day to save money by being frugal, but when the time comes to get something I want I don’t hesitate because I know I have the money.
Reason 8: I Don’t Want to be Rich
Being rich is when you decide to start looking externally for happiness and use the possessions to create a status for you. This can lead to a toxic ego. I am frugal because I do not want money to change the way I view myself and others.
Reason 9: I Like Simplicity
I prefer to live a simple life with less stuff and less financial clutter. Frugality is a lifestyle that allows me to live a simple live without a bunch of worries.
Reason 10: I Care About My Future Self
Most people do not realize how much of an effect money has over their lives. Every decision, good or bad, will affect your future self in some way. When you make poor financial choices the only person you are hurting is yourself. I am frugal because I want to look out after my future self and not make decisions that will make life harder in the future.