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Tag: Frugal

Sharing insights since 2007 on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom!

May 7, 2020
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You don’t need too much of an imagination to realize that having passive income is life changing. And in these uncertain times, I bet any income is comforting, let alone having money rolling in while you basically have to do nothing to earn it.

I’m lucky in that I built up a bit of passive income through the years, but if this crisis taught me anything, it’s that no investments are really truly passive. With large swathes of the economy on total lock down, a phenomenon that’s unthinkable just a couple months ago, it’s putting even once thought bulletproof passive income vehicles into jeopardy.

Take REITs for instance, which I sadly owned a few when the crisis hit. To say that those stocks as a group have been hammered is an understatement since many are still down more than 50% since March. And never mind whether they will be able

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Top 5 Frugal Living Ideas to Save Money for Emergencies

May 2, 2020
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Are you looking for ways to live frugally and save money? Frugal living means being resourceful and not spending more than required. In short, it implies that you are a careful spender and stay content living with less to save money for emergencies!

Benefits of Frugal Living

Practicing frugal living cannot only save you a lot of money but also help you in many other things, including:

  • Fast debt repayment
  • No paycheck to paycheck living
  • Safe early retirement
  • Fulfillment of dream vacation goals

Tips for Frugal Living

Here is a list of frugal living tips that will help you do away with some of the less significant things in life to save money for emergencies:

  1. Budget Your Finances: Having an effective budget is crucial if you want to achieve financial freedom. Know where your money is going and restrict where you are spending unnecessarily. Moreover, you cannot decrease your spending
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