Have you heard of the term living stingy? I know I have. It rings that negative connotation in your head. You hear the word stingy and automatically think this person is cheap, skimpy, penny-pinching, and any other words that relate to being stingy.
The stingy life involves saving money or living below your means. Frugality is part of this philosophy. We live a frugal stingy life to save for big items like financial freedom, travel, a future home, or any other big life expenses.
You will be able to have the freedom of time, money, and do whatever you may choose. This is a great thing that living stingy can help you to achieve. Money is a tool that provides freedom to us all, let’s save it and use it to achieve freedom.
2. Saving Money:Being on a living stingy mindset, you will need to learn how to budget your money. This means you need to know where your money is going. This could be from setting up a budget or even just tracking every expense.3. Accomplishing Goals:
You start to save money through a budget, then you are wondering what to do with this money so you look up information and discover some financial blogs that teach about investing.
You will need to sacrifice many things that takes tons of money out of your pocket. That may be cutting down on going out to eat or even cutting the cable to save some money. Living stingy is not as easy as 1+2=3. It takes sacrifices.