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- I grew up in a penny-pinching household and kept it up when I moved out on my own.
- Living frugally helped me save $5,000 in a year when I was earning just $30,000. As my income rose, I didn’t let my expenses rise with it.
- That’s when I had a lightbulb moment: The key to building wealth and savings isn’t frugality or increasing your earning potential, it’s a smart balance of both.
- Find out what a financial planner can do for you with Personal Finance Insider’s free e-book »
Growing up in a single-parent household, where the state of our finances waxed and waned, my mom was incredibly frugal. We’d