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Tag: frugality

Frugality Syndrome: Saving To Spending

I have exhibited tendencies toward pyromania most of my life. As a Boy Scout, my favorite activity was starting and stoking a campfire. As an adult, my best birthday gift ever was a flame thrower designed by my son which made quick work of a pile of pinecones and...

Play Wisely With FIRE Movement

Watch this video on YouTube “What do you think of the FIRE movement?” a reporter asked me recently. I told her I was ambivalent about it. The FIRE acronym in this context stands for “Financial Independence, Retire Early.” While a Harris poll...

When Frugality Is Not a Virtue But a Risk

Watch this video on YouTube Frugality is a valuable financial habit. It’s the number-one common denominator among people I know who are wealth builders. This makes sense, since no matter how much you make or what you may invest in, you’ve got to be able to live...

Frugality: The Essential Money Skill

Watch this video on YouTube Someone recently asked me to share my number-one financial tip that would make the greatest impact on a person’s financial well-being. For someone who can speak for hours on the topic, that’s a daunting task. I wanted to quote the...

Money Realities for New Adults: Toothpaste and Toilet Paper

Watch this video on YouTube The daughter of one of my clients left home right after high school graduation for a full-time job and part-time college classes. As she was settling into her first apartment, she told her mother, “I never thought I’d be the...