This Week's Festival of Frugality is up!

This weeks Festival of Frugality is hosted over at Boston Gal’s Open Wallet – very interesting and prolific blogger who I check out every day. There were 32 entries this week, including yours truly. Boston Gal chose to organize the Festival by using the definition of Frugality found below. Check out her site to see what I mean!

Frugality

From Wikipedia, the free encyclopedia

Frugality (also known as thrift or thriftiness), often confused with cheapness or miserliness, is a traditional value, life style, or belief system, in which individuals practice both restraint in the acquiring of and resourceful use of economic goods and services in order to achieve lasting and more fulfilling goals. Frugality emphasizes economical use of money in meeting long term personal, familial, and communal desires. Some of the main strategies of frugality are the reduction of waste, changing costly habits, suppressing instant gratification by means of fiscal self-restraint, and seeking efficiency.

Sometimes associated with the concept of frugality is a philosophy in which one does not trust, or is deeply wary of, ‘expert’ knowledge, often from commercial markets or corporate cultures, claiming to know what is in the ‘best’ economic, material or spiritual interests of the individual.

Some personal favorites from this week’s festival:

The Common Room has a great “thinking outside the box” idea for making more space in the spare bedroom.

Is being Frugal a personality disorder? Do you have a little voice in your head that tells you not to spend money? Do you sometimes save money by buying something of low quality that you then have to replace? Money and Values has a great and thought provoking post.

Personal Finance Advice talks about one of my favorite things in the world. Books!

The Family CEO equates planning to saving. I find this is very true-hence my box of greeting cards, gift closet, and my constant battle to be more organized.

Mom Advice has a great article with tons of tips on how to cut your grocery bill.

Of course, you really should go over and check out all the articles!

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