A penny saved…

Getting down, dirty and playful with frugality!

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Apr 29 2008

Using Time Instead of Money: The Frugal Person’s Wallet

Published by lucybarnett at 12:44 pm under Uncategorized Edit This

If there’s one thing I’ve learned so far with my efforts to save money and cut spending it’s…

Frugality is centred on spending time rather than money.

At the end of the day, anyone interested in the frugal or simple lifestyle needs to make sure they have enough time set aside to make it happen. Successful frugality involves a lot of planning in addition to a fair amount of hands-on work.

If you’re used to the ‘have it now’ lifestyle and don’t want to change, the frugal life may not be for you.

I’ve spent a lot more time researching than I used to. I also need more time to logistically figure things out in a way that will use the least amount of money. In the process, I’ve learned that there are many ways to accomplish the same thing but sometimes there is a learning curve.

Money can make things happen faster and sometimes easier than frguality allows. On the other hand, frugal living tests your resolve, problem solving skills and patience in a way that cash never does.

I’m not saying that money makes life easier - though sometimes it really feels that way! When you’re operating on a limited budget by choice or necessity, there are often additional challenges to make things happen at all. Who can you barter or trade with, where can you borrow from, how to reciprocate- these questions and more will need to be answered.

Part of me misses the instant gratification that cash in hand brings. On the other hand, being frugal has helped be to develop amazing relationships, further my patience and have a sense of accomplishment like no other. I’ve had to lessen my desires for perfection and learn to be open to doing things differently.

But I’m a better person for it.

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