• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Best Advice On Life

A quick word in your ear

  • Home
  • About
  • Affiliate Disclosure
  • Contact Us
  • Privacy Policy
  • Disclaimer

Financial and Time Freedom

By Meg

How Thriftiness Offers Both Financial and Time Freedom!

Do you live from paycheck to paycheck? Is your financial life all boom or bust? Do you sometimes scramble to pay the bills, but if there’s any spare money you blow it on a shopping splurge?

Bad money habits can keep you chained to your nine-to-five job, and leave you feeling you’ll never get ahead.

By learning to take control of your financial habits and practicing a little frugality you’ll not only increase your economic freedom, but you’ll also have more time as well.

http://bestadviceonlife.com/wp-content/uploads/2022/04/FinancialandTimeFreedom.mp4

So how does that work?

1. You can retire earlier
By practicing more thriftiness and watching where your money goes, you won’t have to work as long or as hard. When you think about it, it’s simple math. Choosing not to spend now means more money in the bank. The more money you put by, the sooner you can afford to stop working your job.

2. You get wealthier faster
Again, simple math tells you the quicker you get into a saving and investment habit, the quicker you’ll get rich. And it doesn’t have to be an existence of deprivation. Decide to forego one movie or one dinner out a month and instead put that money aside or invest it. It’s money that will continue to grow, not money which has gone forever.

3. You’ll change your attitude towards money and spending
Once you get into the frugality habit, you’ll find your attitude to spending changes. Money becomes a resource, not something to be gotten rid of as soon as possible! Purchases stop looking like shiny must-haves and become something to weigh up. Is it something you need, or can you live without it? Would you rather have the new car or the expensive restaurant meal, or would you rather add to your savings? Do you want a theater ticket now or an extra night on your vacation?

4. Frugality frees you up to find new interests
A frugal approach to redecorating or gardening can lead to discovering new interests and developing new skills, instead of paying someone else to do the work for you.

You may not realize you have a hidden talent for interior design or landscaping. Maybe you find you enjoy sewing or knitting, instead of buying all your clothes at the store.

5. You take back control of your money
Perhaps the biggest benefit of being more frugal is the sense of power it gives you. Instead of rolling with the tides of paycheck and bills and finding comfort in spending, you can be more strategic in how you live your life. Frugality gives you a better understanding of money management and puts you back in control of your finances.

Prefer to listen?

http://bestadviceonlife.com/wp-content/uploads/2022/04/FinancialandTimeFreedom.mp3

Filed Under: Personal Freedom

Primary Sidebar

7 Minute Mindfulness

Stress less, 7 Minute Mindfulness

7 Minute Mindfulness

RECENT POSTS

The Benefits Of Self Belief

6 Benefits to Having an Unwavering Belief In … Read More about The Benefits Of Self Belief

Keep Your Brain Healthy and Focused

9 Changes to Make to Your Life to Keep Your Brain … Read More about Keep Your Brain Healthy and Focused

Get The Most From Your Alone Time

7 Ways to Get the Most out of Alone Time How do … Read More about Get The Most From Your Alone Time

Stop Anger In Its Tracks

8 Techniques That Stop Anger in its Tracks You … Read More about Stop Anger In Its Tracks

https://bestadviceonlife.com/

Me Time to Recharge Your Mind and Body

This page contains affiliate Links Taking time … Read More about Me Time to Recharge Your Mind and Body

Create Confidence

4 Habits Which Will Help Create Confidence in All … Read More about Create Confidence

Footer

About Us

Like most people, we’ve struggled over the years to reach our full potential.

What we’ve learned, we’re sharing with you here on this site!

Recent Posts

  • Physiological Basis of Sleep
  • Essential Oils As Treatments For Sleep Apnea
  • Five Ways Alone Time Can Help You
  • 3 Best Ways to Build Your Self-Belief
  • The Myth of a Sleep Paralysis Monster
  • Me Time to Recharge Your Mind and Body
  • Start With Why
  • Hypnagogic State Boosts Creativity And Problem Solving

Copyright © 2023 · Log in