Tag: frugality
Feb 23, 2026
A classic and wise piece of advice from financial advisors is to live within your means. I have written often about the importance of frugality in building wealth and financial wellbeing. Yet there is a difference between frugality by choice and frugality from fear....
Feb 17, 2025
Dying Broke. It’s a goal for those retirees who embrace the idea of spending their hard-earned wealth during their lifetimes. Their aim is to enjoy the fruits of their labor while they can and spend the last penny just as they take their last breath. The concept feels...
Jun 28, 2021
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...
Jun 24, 2019
Play Wisely With FIRE MovementWatch 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...
Apr 15, 2019
When Frugality Is Not a Virtue But a RiskWatch 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...
