Jan 02 2009
Finally Frugal debuts on Today.com!
This is a blog devoted to frugal living. After over twenty years of blindly spending more than I brought in, I recently decided to (drumroll, please) live below my means (what a concept!) With this blog, I invite you to accompany me as I work to pay off debt, increase savings, and finally find financial independence!
So far, I’ve paid off almost $5,000 in credit card debt. Now I have my student loan debt ($56,000 and growing daily) and mortgage to repay. I’m working two jobs for a total of 50 hours per week, all while going to school to get a degree that will hopefully allow me to obtain a job that will pay more.
I used to shop like a maniac, spending upwards of 110% more than I actually brought home each month. Using frugal, simple-living strategies, I managed to get a handle on my spending and am now actually living beneath my means, while sending upwards of $400 a month to savings. As I share my own struggles I’d love to hear your own stories of debt repayment, frugal strategies, and tales of success in a society that is focused on consumption.
Stay tuned for adventures in frugal living!