Tips to Help You Forge a Frugal Mindset

Several posts ago, I suggested three strategies to help you subdue your appetite for stuff: strategic ignorance, strategic aloofness, and strategic participation. Here’s a quick review. Strategic ignorance: This is the practice of consciously removing yourself from the loop, of being purposely ignorant of whatever is “cool” or “hot” or “fashionable.” The logic behind strategic ignorance …

How To Be Less Spendy

Last week, during one of my daily constitutionals, I had some great thoughts. First, I came up with a pithy way of describing the connection between wallet management and financial independence. Here it is. Feed your desires, starve your savings. Starve your savings, kill any hopes of achieving financial independence. Then I needed some pithy …