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

wasted money

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How I Wasted $20 on Stitch Fix

Posted on July 6, 2021June 25, 2021by Kathryn Vercillo
online clothes shopping

It’s important to own your money mistakes. That’s why I wanted to tell you about how I wasted $20 on Stitch Fix. Sure, $20 isn’t a huge sum of money. Nevertheless, those dollars add up. So, this experience was a reminder to me to be careful about my spending choices. What Is Stitch Fix? If […]

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Does Paying for Something Make You More or Less Likely to Show Up?

Posted on February 17, 2021by Kathryn Vercillo
Does Paying for Something Make You More or Less Likely to Show Up?

One of the best ways to get a grip on your money is to enhance your self-understanding. After all, we each deal with money differently. For example, when you pay for something, do you feel more obligated or less obligated to show up for it? I’m the kind of person who feels less obligated, therefore […]

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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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