Frugal Livingbeta

August 30, 2012

Making the most of the resources you have, whether or not times are tight

Do what you can, with what you have, where you are. ~ Theodore Roosevelt (1858-1919)

Resiliency is about being able to do well (or "well enough") with the resources that are available to us.  Frugality is about creatively finding ways to get our needs met while using available resources as sparingly as possible.

Whether or not hard times have hit your household, it is prudent to learn to make the most of what we have and stretch our personal resources as far as they can go.  As the dollar decreases in value, this challenge will increase for many of us.  For some of us, job loss or income reduction have strained our budgets, our ingenuity, and perhaps our patience.  For others, times were always a bit tight and we're now trying extra-hard to find ways to afford to prepare for the future -- instead of simply coping with today.  For others, frugality allows more money to be freed up for investment, flexibility, and a sense of security.  For still others, along with the majority of people in the world, simply getting each day's needs met is challenge enough.

No matter what our situation, we can all benefit from sharing insights, strategies, tips and tricks, for living frugally and learning to live comfortably on less.  Join us here in sharing ideas and increasing our collective resiliency through frugal living!

Latest Group Post

By Vegheat on Tue, Jul 22, 2014 - 6:37pm

Forever stamps as good as gold?

Hello. I was wondering if investments in Forever Stamps are a poor man's alternative to investing in gold? Like gold, forever stamps have inherent value that is not going to be inflated away like things called bank balances or dollars. Forever Stamps might be a kind of investment that will withstand the ravages of inflation or even hyperinflation. I think the US Post Office will soon have to start paying its own way, rather than running billions in deficits. That should lead to major price increases in first class postage.

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