Friday, April 24, 2009

Frugal Is Not Cheap

My hubby and I are often asked by friends how we afford to live so nicely with our modest means. We are a young couple, just starting our careers, and live in an area with one of the highest costs of living in the country. Yet, instead of an overload of debt, we have a pretty fabulous lifestyle - comfortable apartment, beautiful furnishings, the latest tech gadgets, new car, etc. Our friends, who know we are not making the big bucks yet, often ask how we do it.

The answer is simple. We live frugally but not cheaply. Sure, some people may think I’m cheap when I brown bag it to work everyday, but frugality and cheapness are distant cousins. Cheapness is never wanting to spend a dime on anything. Frugality is never wanting to spend a dime on anything you don’t need or really, really want. It’s about finding great deals and discounts and learning to plan and calculate your spending so that you save enough to live even more fabulously in the future.