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  • Why are you frugal?

    Posted Oct 31 2007, 10:51 AM by Donna Freedman Rating:

    Frugal people sleep better.

    That’s a recurring theme in a Smart Spending message board thread called "Why are you frugal?" Readers say it’s hard to beat the contentment of a good night’s slumber, untroubled by debt.

    Some readers say they're frugal because they love finding great deals, but most have more complex reasons. They're thrifty now to meet future goals: a car, a house, a family. They've chosen to reject hyperconsumerism. They're called to careers (e.g. the arts) that are fulfilling but require careful money management. Or they simply enjoy the peace of mind that comes with having an emergency fund.

    Frugality begets options. “I try to save money on things that don’t matter, so I can have choices on things that do,” wrote a reader posting as “SC CDF.”   Read More...

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