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

unexpected expenses

  • Life

Financial Emergencies Always Lead Me To Bad Money Decisions

Posted on September 10, 2019by Kathryn Vercillo

Financial emergencies always send me into a mental tailspin. When things are going well in my life, or even just going ahead normally, I’m able to think clearly about money. I embrace an abundance mindset combined with strategic financial planning. However, financial emergencies always send me into a scarcity mindset. I start operating from fear […]

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  • Personal Finance

A Rant on Unexpected Expenses

Posted on May 5, 2015February 3, 2017by Kara

If there is one thing in this wide world of ours that I hate, it’s unexpected expenses. Charges that come from out of left field and totally knock your budget and spending for a loop. Sometimes you can plan for them and of course you should have an emergency fund for the big things, but […]

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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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