Adopting frugal habits came natural to me, but it wasn’t until recently did I realize what a difference it made. Being frugal literally changed my life.
Many people equate being frugal to sacrificing, and understandably so. Not ordering a drink during dinner when you want to is tough. Not buying a new gadget the day it comes out even though you are drooling all over it takes discipline. And not buying a new car when all your friends upgraded takes a mental focus not many possess.
I know, because I used to wonder why I do it too. But guess what? Frugal living is not sacrificing at all. Trimming your bills may sound like a necessity to you, but having control of your expenses gives you options. I quit my job to work on my business, and one of the main reasons why I was brave enough to take the leap was because our family had minimal expenses. I knew our frugal habits would allow us to live below our means, even if things got tough. Would you feel that way if you had the chance?
Deciding to Give Up the 9-5
I wish I could tell you that I had a million dollar business on the side when I resigned, but in reality, my side business was generating only 30% of the income from my primary job. All I know was that my job wasn’t something I wanted to do for the rest of my life, and my business was something I loved working on. If I could only make the numbers work out, I would quit in a heartbeat.
All of a sudden, those advices about saving X% of your income doesn’t seemed vague anymore. I began to understand. My ability to save 50% of my take home pay meant having my boss breath down my neck daily or being able to work for myself.
What Do You Think about Frugality?
You could argue that it’s irresponsible to quit and do something you love, and it might be:
- If I had a car payment, I probably couldn’t leave
- If I had a mortgage to pay, I probably would’ve stayed
- If I had debt to pay, I was probably tied to my job
- If I had high expenses, I would probably not make it
- If I had no savings, it would probably be too risky
Justifying all the luxuries that you are currently paying for is easy, but you may never know what you are missing. As luck would have it, my business is thriving, and I am making more than I ever did in my life while working at home.
The Real Life Changer
We are expecting our first child named Sara. She will be growing up with much more love from her father because he doesn’t have to travel out of state for work 3-5 days every single week.
Frugal living not only changed my life, but hers too. You may not realize it now, but saving those few bucks could change yours one day.