Young and Frugal

Business and Personal Finance for Millennials

Entries Tagged ‘Frugality’

Why Is Money Taboo?

Today my wife told me that she gets embarrassed when she is around and I try to haggle. I guess I can understand, I used to be like that too, and only over time have I grown bolder. With this in mind, I have to ask why is it that in America, money seems to [...]

Comments (4)

Control Money or Money Will Control You

Since I began writing, about a year ago, “Frugal” has become quite the buzzword which is practically a 180 from when I wrote “When Did Frugality Cease Being a Virtue.”  I even read an article in the Wall Street Journal last week that proclaimed Frugality is once again a virtue.
When I began writing, I’m not [...]

Comments (3)

What Makes A Millionaire?

Not as much as most people think.
The following information is adapted from research by Stephanie Komon at Kent State University, and is based on the book The Millionaire Next Door.  Stephanie’s research was derived for the ability of fundraisers to be able to spot wealthy people, but it is very relevant for us.  Her presentation [...]

Comments (1)

Falling Off The Wagon

Hi, my name is Daniel, and I… lost track of my finances. 
I write (what is for the most part) a personal finance blog, so you’d think that I would track every penney, but I don’t.  We budget to pay ourselves first (savings/retirement), pay all of our bills, and then everything else is give and take.  One month we might [...]

Comments (3)

Does The Size Of Your Image Equal The Size Of Your Debt?

Our society has a perception complex. We are raised to judge and compare ourselves against others and our perceptions of other people become our own reality. We are trained from an early age in this regard. In school it didn’t matter if I got a “C” on a project as long as [...]

Comments (4)

How Scouting Taught Me To Be A Smart Shopper

While I was at my parent’s house over Easter, I was looking through some of my old stuff when I found a stack of Merit Badge books from Scouts.  Sitting perfectly on the top of the stack was the book for Personal Management, a merit badge designed to teach teens about managing time and money.
The [...]

Leave a Comment

When Did Frugality Cease Being a Virtue?

When Did Frugality Cease Being a Virtue in Our Society?  Really no matter how far you look back in history Frugality has always been a virtue.
 ”He who gathers money little by little makes it grow” - Proverbs 13:11
Here the bible calls upon us to save where we can, even a little bit helps, and by doing [...]

Comments (4)