What’s the Point of Saving Money?
What’s the point of saving money? The whole point of saving money, from a froogalist perspective, is so that you have more for the things that matter most to you. If for example, you want more money to spend on your child, why are you spending more than you need to on other stuff? If photography is your passion, why not direct a significant amount of your energy and resources towards that? Whatever it is that you enjoy most should be considered a priority and an impetus for you to make efforts to save in other areas.
Too Much “How” Not Enough “Why”?
I find that all too many websites and blogs simply focus on saving money with little regard for the “why”? Saving money, in and of itself, is not necessarily a good thing. Saving money just so that one can feel good about saving money on something seems rather pointless to me. In its most extreme form, it can become an obsessive behaviour, where ‘saving’ becomes the end all. Take it a step further, and some can even measure their own worth by how much they save (or don’t save). The point that we have here at froogalism.com, is that your saving should be focused and meaningful. You should never do without the things that you love in life.
As such, you will never hear me pontificate about the virtue of saving money ‘generally’ (If I ever do, give me a swift kick with an appropriate email or comment). I will try to help you find ways to save so that you can make your goals a reality.
I Don’t Do Without, I Get More of What is Important to Me
‘Doing without’ is not even in the froogalism vocabulary. I make careful and clear choices about what is important to me and I devote most monetary decisions towards getting more of what I love. If feeding my daughter a variety of fresh and healthy food is a priority (which it is), finding ways to save on other things has a purpose. I actually feel that I am accomplishing something by not having cable. It has been so long since I have had cable television, in fact that I no longer know (or care) what it is that I am missing. My frugal lifestyle is very normal to me. At the same time, it helps to ensure that I have money left over for the things that matter most to me – this is froogalism.
What’s the point of saving money? What are your priorities? How does being frugal help you achieve the priorities?
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Author: Jason Milburn Google