I am a strong proponent of frugality as an approach to a number of endeavors, for a variety of reasons that I will expand upon below and possibly in future posts.
I believe that a frugal person can make a given amount of resources go farther and perform more effectively than a spendthrift, and thereby gain the most utility out of them. It is easier to provide for oneself and ones dependents when living frugally, thus reducing the stress and pressure to engage in less than pleasant activities for money to live off of, and allowing for a greater freedom to seek fulfillment in one's days beyond the simple procurement of wages.
Frugality is also more likely to result in an excess of funds than wanton or unintentional spending, which allows for the benefits of giving, saving, and investing in the future as opposed to immediate and satisfying consumption.
Far be it from me to condemn anyone for their habits, and many people are still living within their means when they spend what seem to be astronomical sums, but for my purposes a lower than average cost of living is more than adequate to meet my needs.
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