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From Frugal to Free

Frugal adventures on the road to financial freedom.
  • Personal Finance

Battles Against My Bad Habits

Posted on August 10, 2016September 7, 2016by Kara

I’ll be the first to say it: I am not perfect. I know that my blog may have led you to believe otherwise, but it’s true. I am a mere mortal, and I often lose the battles against my bad habits. I’ve been trying harder to beat them recently. Being a freelancer means that I […]

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  • Personal Finance

An Awesome August Announcement!

Posted on August 3, 2016March 16, 2018by Kara

Happy August y’all! Do you like the alliteration in my title? 😉 We’re only three days in, but I am loving August so far. Yesterday I woke up with a smile on my face, enjoyed a quiet morning savoring my cup of coffee, and started work early. I got right into some nitty gritty aspects […]

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  • Personal Finance

To Be Frugal, You Need Time

Posted on July 25, 2016September 7, 2016by Kara

As those of you who follow me on Twitter may know, I had some car troubles last week. (Cars are annoying and expensive, and I can’t wait to get rid of mine someday.) My car simply shut down in the middle of traffic on three different occasions last week. Twice on the highway! Anytime something […]

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  • Personal Finance

Present Bias And Debt: A Match Made in Hell

Posted on July 20, 2016February 5, 2017by Kara

A few weeks ago I was talking with a new college grad. I shared my journey out of debt with him, and stressed that the best thing he can do for himself now (at age 22) is to start paying down his own student loans.  He listened, very politely, to my story and agreed that […]

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  • Personal Finance

Stock Market Tips for New Investors

Posted on July 11, 2016July 14, 2016by Kara

Hey y’all! This is a contributed post by Brianna Hall. She is a freelance blogger who has been exploring ways on how she can reach financial freedom soon. Being a Millennials, she has high hopes that she can change the way her generation thinks about investment. Brianna is now working on her investment portfolio through […]

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  • Personal Finance

How to Build A Business When You’re Broke

Posted on July 5, 2016June 9, 2023by Kara

I think it’s a very human trait to want to leave an impact. It’s in our genetic code to want to build something that we will be remembered by. The Maya built pyramids. Alexander the Great named more than 20 cities after himself. We want to create, to build something of our own. Today it’s less […]

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  • Personal Finance

The Business of Starting a Business: Organization Tactics

Posted on June 29, 2016July 8, 2016by Kara

I have officially been a full time freelancer for three weeks TODAY, and it’s been amazing. I haven’t been working all that hard or all that much over the last three weeks on freelancing. I wanted to take some serious down time to really mentally separate from my nonprofit job, sleep a lot, and figure […]

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  • Personal Finance

Reflections on One Year of Debt Freedom

Posted on June 16, 2016February 3, 2017by Kara

Life has been so busy that last week when my one year anniversary of debt freedom came, it also went pretty damn quick. I blinked and poof! It had passed me by. Still, June 5th 2015 was one of the most important days of my life.  Even though I’m eleven days late, I do want to take […]

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  • Personal Finance

June Spending and Life Plan

Posted on June 1, 2016July 11, 2016by Kara

Happy June! I love the start of a new month. June, in particular, has always heralded the start of summer for me personally. This June I’ve got big plans, financial and otherwise, and I can’t wait to share them.

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  • Personal Finance

The Privilege I Have Despite Being Broke

Posted on May 30, 2016July 11, 2016by Kara

Privilege is a funny word. It gets thrown around a lot these days but few people I’ve met seem to really understand what it means. People seem to think privilege means ‘no problems ever!’ when in reality it means that you simply started out in a better place than some other people. It means certain […]

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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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