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

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  • Personal Finance

The Financial Impact of Kindness

Posted on November 2, 2016March 27, 2017by Kara

On my recent travels, I encountered more kindness than I ever expected. Just two hours out of Austin on my first day, my check engine light came on. I pulled over to a gas station and approached two men to ask if they could help me out. These two men spent about an hour looking […]

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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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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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