Highly effective frugal people have one thing in mind — making the most out of what they have so they can have more of what they love. Their habits develop around this core pleasure principle. Here are six habits of highly effective frugal people that can be developed to help you get more of what’s really important to you.
#1 Independent Thinking and Decision-Making
Frugal people think independently and make independent decisions. They don’t care much about what Mr. and Mrs. Jones are wearing or the new car they’re driving. They probably don’t have cable and don’t really miss the celebrity gossip or the commercials that are designed to make them feel inadequate or insecure. They will ask for a discount and not blush. They will present coupons at the checkout. They don’t think or live in a vacuum, but they do prefer the sound of their own minds (and like-minded frugalists) when thinking and making decisions.
#2 Goal Setting
Frugalists know what they love and want more of it. They make the most out of what they have so that they can have more of the stuff that really matters to them. Sure I’ll ask for a discount on my phone bill (this works, by the way) if it means I have more left over to spend on my daughter. Frugal people know they can’t possibly have everything, so they set goals that result in them having more of what really matters most to them.
There are only so many minutes in a day and so many days in a lifetime. Frugal people want to spend as much time as they can doing the stuff they love to do. They unapologetically set these things as the top priorities in their lives.
#4 Viewing the Big Picture
Frugalists understand the big picture. This is why they recognize the importance of planning for the future while simultaneously living in the now. Saving for your retirement may mean doing with a bit less at the moment, but it will ensure that you have the resources that you will need to continue to enjoy things in the future.
#5 Wanting to Learn More and Understand Stuff
Highly effective frugal people do their research and have a real desire to understand stuff. They will read reviews and articles about different refrigerators before they go shopping. They will know what features they want and which features they don’t want and they will know what a fair price range is before setting foot in a shop or ordering online.
If something costs more, the frugal-minded person will want to know why. If it costs less, the frugal-minded person will want to know why. A frugal person understands that good information is a prerequisite for making good decisions and assessing value.
#6 Looking For Synergies
There is that old saying about “killing two birds with one stone”. Well, a highly effective frugal person will go and pick up that stone that she or he just killed two birds with and then try to kill three birds with that same stone next time. No, highly effective frugal people are not murderous maniacs; it’s an idiom.
Frugalists recognize that riding a bicycle is both a form of transportation and a great form of exercise. They know that sealing drafts in their home will make them more comfortable, save them money, and reduce impacts on the environment. Finding synergies is actually quite fun and a great way to exercise your creative powers (see, there’s yet another synergy).
Highly effective frugal people seem to share certain habits. Like all habits, frugal habits can be learned (or unlearned if you ever want to become a spendthrift). You can also learn a lot by visiting this website several multiple times per day and by leaving multitudes of comments and sharing this post with everyone you know.
Are there any habits that are missing here? Are there that should be removed or changed? What do you think? Please leave a comment below.
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Author: Jason Milburn Google