Comments on: Frugal Living Could Change Your Life

By: Jessica

Jessica — Wed, 03 Mar 2010 01:30:36 +0000

Thanks for sharing this story. Its is so right. If you have no debt you can be a lot more flexible on what you do in life. IE you can take a job that you will like more that pays 20k less a year, because you are not losing a lot in interest due to credit card debt or some other unfrugal behavior.

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[...] Frugal Living Could Change Your Life – Frugal Dad [...]

By: Dollars Not Debt

Dollars Not Debt — Sun, 21 Feb 2010 15:51:25 +0000

Great post. It makes you think about the real cost of debt. Being debt free opens up your world in ways that you can’t even put a price on.

Dollars Not Debt

By: Forest

Forest — Wed, 17 Feb 2010 08:55:27 +0000

Good luck on your first child.

I have been getting more and more frugal over the last few years and now my expenses are at a real minimum. The only thing left hindering me now is my debt management plan that I just set up. It’s roughly $200 a month that I could do without.

However I do work for myself from home and I love my job. I just need to make my business a little more successful and I can start racking up some savings and emergency cash.

Thanks,
Forest.
http://frugalzeitgeist.com

By: jim

jim — Tue, 16 Feb 2010 23:36:09 +0000

I wonder how many of us would spend money on items we really don’t need if we could see the “true” cost…what really pay with all the interest added in.

By: ddritter

ddritter — Tue, 16 Feb 2010 23:27:02 +0000

Add me as another one in this great line of stories! I quit a high-stress job paying $82K / year to open my own office. I work from home and get to spend quality time with the kids. Yes, my income is down to $58k /year, but what I have gained is a stronger family, better health, and the American Dream! We will be done with the mortgage in 10 years and couldn’t be happier with our small house, modest possessions, and dreams of retirement by age 55!

By: Ann Lindsey

Ann Lindsey — Tue, 16 Feb 2010 18:08:14 +0000

I am an administrative assistant (secretary) and my life’s dream had been to live mortgage free. I worked toward it by paying several hundred extra toward my principal twice a month. Well, one day I received a windfall and used that to pay off the mortgage. I also bought a foreclosure that I rent to a relative. I paid off my car note before the windfall and vowed to never have a note again. I now own three used cars all in good working order. What I want to say is that I never thought I’d be debt /mortgage free but it can happen if you want it. Had I not received the windfall, my home would still have been paid off early because I was determined.

Friends would say why don’t you buy a new car, you deserve it. I say I don’t want to deserve it if its going to cost money that I don’t want to spend. I live a good life and spend money on vacations.

Thank you for this article. It reinforces what I already know and helps me to stay on track.

By: Rch

Rch — Tue, 16 Feb 2010 17:21:29 +0000

Thanks for sharing your inspirational story. You are proof that everything is a choice, and that a choice to be frugal now will bring freedom faster.

By: Money Reasons

Money Reasons — Tue, 16 Feb 2010 17:19:51 +0000

We’re are at the phase where this month (Feb 2010) we will finally be totally debt-free (no credit card, car loans, mortgage or anything!!!)

I primarily attribute being debt-free to being frugal! If I spent like my friends, I wouldn’t be debt-free, that’s for sure!!!

By: MoneyNing

MoneyNing — Tue, 16 Feb 2010 15:31:38 +0000

It’s amazing to me that people continue talking about the need to go into debt while so many people are able to live on modest income (and saving a ton of money at the same time).

Keep these stories coming, as everyone will appreciate these success stories!