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From Frugal to Free
Frugal adventures on the road to financial freedom.

Author: Susan Paige

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Why Do Millennials Live with Their Parents?

Posted on May 22, 2018May 22, 2018by Susan Paige

Why do millennials live with their parents more than any other generation does? It’s logical that younger generations are more likely to live with their parents in a non-caretaker capacity, even in the best of times. Millennials suffered the added indignity of coming of age during one of the worst recessions in history while dealing […]

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Only 37% Of Millennials Have Retirement Accounts

Posted on May 15, 2018May 15, 2018by Susan Paige

Who’s thinking about retirement when they’re young? Only about a third of millennials have retirement accounts. They’re typically not a priority for young workers – but they should be. That’s precisely the time to take the greatest advantage of compounding interest by contributing as much as your fledgling budget can afford. A new study from […]

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Are Mortgage Brokers Better Than Banks?

Posted on December 20, 2017by Susan Paige

Picture this. You have finally found the home of your dreams and with your current financial state, you know that you are absolutely ready to go out and purchase that house you have set your eyes on. Now you have probably just one question that stands out from all of your others: “how do I […]

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Frugal’s Financial Guidelines

Start with these simple guidelines to save money and invest in your future:

  1. Write down own the top three reasons you want to save money. Post it as a reminder to keep on track with your goals.
  2. Learn to budget. Then do it, diligently.
  3. Cut costs. Reduce spending by 10% across all categories.
  4. Direct deposit 10% of every paycheck directly into savings. Build up an emergency savings fun with a minimum of $1000. Aim for six months of living expenses.
  5. Maximize retirement savings. Contribute as much as you can, especially if you have an employer-matching plan.
  6. Begin investing in small ways. Use apps to begin investing with just a tiny amount of money. Learn how it works.
  7. Build credit wisely. Use a credit card for monthly expenses. Pay it off on time every month.
  8. Learn to communicate about money. With everyone. The better you get at talking about money, the more you’ll set yourself up for financial success in all areas of your life.
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