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Many people who learned about the words Frugal living imagine somebody living in darkness, eating only canned meals and suffering to avoid wasting a few dollars. That's not really true. Frugal living is not about suffering to save, depriving yourself of things 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 pay for it.

Frugal living means knowing when and the way much you should devote to 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 is making a conscious effort to invest in smarter spending, even though that includes planning what you are going to buy, stockpiling food in the event it can be bought cheap and buying things you don't need right now only when the price is right.

Frugal living can be closely related to eco-friendly lifestyles, because senseless consumerism is not part of the deal. Instead of buying, buying, and purchasing, the frugal lifestyle encourages repairing, cleaning and treating things properly so they have a long life. In many cases, it also encourages better consumer decisions, because an item's value also takes into account how long it is going to last. Buying a cheap t-shirt that will last 5 washes, or even a slightly more expensive one on the sale, that will last several seasons? It is possible to guess which of these two options matches the frugal living lifestyle better.

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