This is What Frugal Looks Like is a series that highlights different ways that people can be frugal in their lives- after all, frugality doesn’t have to be drastic or just about clipping coupons. Frugality can be fun and easy. Each respondent answers the same four questions.
Today’s interview is with Allison from This Wasn’t In The Plan.
What does frugality mean to you?
Frugality means spending my money wisely. It means spending in the areas that I (and my family) think are important, and perhaps cutting some corners elsewhere in areas that are as important to us. I strongly believe that frugality is a truly individual thing, one person’s frugality could be another person’s splurge – it all depends on priorities. I like to look more towards the future, so I’m willing to give up a night out here and there in exchange for socking some money away a little at a time.
Frugality doesn’t mean giving up fun, though, and unfortunately that is something that I sometimes forget. It’s okay to spend money and do something that may seem a bit extravagant at times. Ultimately, being frugal to me is about focusing on what’s important to me and my family.
What is something that you do that is ‘typically’ frugally?
When it comes to groceries, I’d say most everything I do is typical. I buy in bulk (when it is cost effective), I sometimes use coupons, and I try and stock up when things are on sale.
What is something frugal that you do that is unusual?
The other day I was bathing my five month old in the sink, as I always do, and I was thinking that there probably weren’t many other people that do that. We’ve never owned a baby bath tub of any sort and have always given our babies their baths in the kitchen sink. I think this perhaps uses less water as well, but it’s definitely a money saver because we’ve never spent money on a baby bathtub.
What are some of your long term goals that being frugal will help you to accomplish?
In all honesty, my husband and I want to have a lot of money. With that money, we would love to own our house outright before the 30 year term is up on our loan. We’d also love to do a lot of traveling and make sure our future is financially secure. He’d love a Rolex, and I’d love some nice furniture. Watching our money and resources now will free more up for those things later on.
Some favorite frugal links:
- The Urge For New and Nice
- Checks and Balances and My Credit Card
- House Envy
- A List I Won’t Write
- When Wonderful Becomes Not Good Enough