1. Home
  2. Business & Finance
  3. Frugal Living

What is Frugal Living?

By Erin Huffstetler, About.com

Question: What is Frugal Living?

Answer:

Frugal living is all about living better for less, and since your definition of better is going to be a bit different from everyone else's, your definition of frugal living is also going to be a bit different.

Frugal living can be seen as:

  • A way to get by on a tight budget
  • An opportunity to live more simply
  • A debt reduction strategy
  • An effort to consume less
  • A way to afford the life that you want

Do any of these definitions encompass what frugal living means to you? If not, push them aside; and create your own definition. Frugal living isn’t one-size-fits-all, and you can make it exactly what you want it to be.

Like the idea of finding ways to reuse what you have? Add it to your definition. Hate the idea of couponing? Scratch that one off. Keep working at your definition until you have something that inspires you.

Then, put your thoughts into action—challenge yourself to live the version of frugality that you have created for yourself, and have fun doing it!

More Frugal Living Q&A

Explore Frugal Living

More from About.com

  1. Home
  2. Business & Finance
  3. Frugal Living

©2008 About.com, a part of The New York Times Company.

All rights reserved.