When I first started Heather's Frugal Living class at Immanuel, I taught a class called “Frugal is Not Cheap!” As you have noticed by now, I don't start off blog post with “Hi Cheap people” or “hi to all those trying to be cheap.” I start off calling you Frugalistas. I thought it was cute and catchy at the time when I started it and I still do. But please don't call me CHEAP!
There is a difference between being Frugal and Cheap. A cheap person is a person that is cheap for sake of not spending money. We all know of someone who is Cheap and probably have some stories to tell that are funny. I know I have some pretty funny stories and surprising enough these people had lots of money you could say that's how they kept their money because they were so cheap. But did they really? Yes, they kept their net worth intact. They went through life with a negative mentality holding on to every penny with a closed fist so you don't spend it. You can't attract more in your life with a closed fist. That closed fist mentality leads to a closed heart.
An open heart attracts people and opportunities. Let’s face it. You can have all the money in the world and not be happy. Money doesn't buy you happiness. It only provides you more choices to spend your money. I know people that have held onto every dollar but at the same time wouldn't help out with a shower or wedding that would bless someone else. That person missed out on a great opportunity to bless someone else. Yes their net worth stayed intact but at what cost?
Being Frugal is different. Wikipedia defines Frugality as: the quality of being frugal, sparing, thrifty, prudent or economical in the use of the consumable resources such as food, time or money and avoiding waste, lavishness or extravagance. Frugal living is mainly practiced by people who aim to cut expenses and get the most for their money to achieve a longer term goal. Being Frugal is just a means to a bigger purpose. Your goals might becoming debt free, a college fund, a vacation, paying your house off, retirement, mission trips and the list goes on. You decide what your goals are. When studies, Frugal people are generally happier and more content with their life and choices they have made. Being frugal is a way of life, you save money on most things, so that you can spend and give it on something else. I love being a Frugalista. My frugal living has lead me to more opportunities in life. Not only to help others be more frugal with but also to be more generous with everything that I have been given.
Now that I am off my frugal soap box ...its February and still cold and lots of snow. Which for me means I am inside a lot not getting the normal activity of being outside and active. I am staying busy with life taking this time to focus on organizing and purging. As you know I just came off a spending freeze in January. I haven't gone crazy at any stores over shopping because I missed out in January. I’m keeping on track with February's budget. February can be scary month for some people because they are getting their tax info ready to file to get a refund. Please watch out Frugalistas. It’s very tempting to get the “I wants” attitude with that tax refund coming. In order to not let that happen, list out some goals and priorities that your family has. Assign the money a place to go when it come in…give every dollar a name. If you have debt...especially credit card debt, pay it off! That's some tough love ladies but I know but it’s truly because I love you and want the best for you and your family. Stay Frugal!
Check back on Friday Frugalistas. I have an awesome free surprise for you all.
Hi! I am an Immanuel Lutheran Stewardship Champion but before that I was a Frugalista! I want to welcome you to Heather's Frugal Living. In my classes, you will learn my easy and savvy tips in how to live large on a small budget.