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Many people who heard about the words Frugal living imagine somebody surviving in darkness, eating only canned meals and suffering to avoid wasting a few dollars. That's not true. Frugal living just isn't about suffering to avoid wasting, depriving yourself of stuff you love for the sake of being frugal. It is about making smart financial decisions and spending less, so you can live living you want to live without having to work two jobs to afford it.

Frugal living means knowing when and how much you should invest in something you want. By finding out how to live frugally you'll avoid paying over the top for something which isn't worth it... or can be purchased cheaper somewhere else or by using coupons and rebates. It really is making a conscious effort to invest in smarter spending, even though that includes planning what you are going to buy, stockpiling food when it can be bought cheap and getting things you don't need right now only when the price is appropriate.

Frugal living can be closely related to eco-friendly lifestyles, because senseless consumerism is not part of the deal. Rather than buying, buying, and purchasing, the frugal lifestyle encourages repairing, cleaning and treating things properly so they have a long life. In many cases, it also encourages better consumer decisions, because an item's value also accounts for how long it is going to last. Purchasing a cheap t-shirt that will last 5 washes, or perhaps a slightly more expensive one on the sale, that will last several seasons? You are able to guess which of the two options matches the frugal living lifestyle better.

Austerity - Living frugally takes more effort than simply taking the easy route and spending without thinking, but it also has many benefits. Everything that money you save through the use of coupons can go towards paying down your debts, or your mortgage, years until you are supposed to. It can also help keeping you off debt, and that is extremely important because realizing that you are in control of your money means you will live a far more secure and happier life. And it is also kinder towards the environment, so what's to not like?

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