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

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  • Life

Sharing Economy: Can You Take It Too Far?

Posted on May 17, 2019by Kathryn Vercillo

I definitely take part in the sharing economy. For example, I don’t own a car. When I need to use one, I either call a Lyft ride or do a peer rental from a site like Getaround. In the past, I’ve rented out a room in my apartment using AirBnb. I’ve definitely stayed in AirBnb […]

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  • Personal Finance

How Much Should You Tip Uber Drivers?

Posted on December 26, 2018by Kathryn Vercillo

Just because the app offers you the option to tip does not mean you are required to tip Uber drivers. However, I think it’s a good practice to do so.  I tend to be one of those people who give generous tips to people in service positions. After all, my first jobs were in restaurants, where 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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