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So many people begin their journeys into the thrifty lifestyle because they want to pay off their debts–and yet when they do they gladly continue applying thrifty principles. Why? Because they have discovered the positive results of embracing the thrifty lifestyle and they don’t want to let them go.
My family is one of those many. Although I was raised thrifty, I strayed from the frugal aspects of my upbringing for a few years as a new bride. Soon my husband and I discovered that spending freely was causing us to feel not free but chained–chained to payments.
And so we began a journey of thrifty living. Each and every expense was questioned–how could we reduce or eliminate an expense? We created several flexible streams of income to pay down debt and then when it was gone to help us stay that way.
Slowly our finances went from tight to comfortable. When we entered the comfortable stage we were faced with a decision. Do we keep questioning each and every expense? What areas of our budget do we raise? Do we raise any at all? What do we do with the wiggle room in our budget that we have created?
We have discovered in this new stage that we are thrifty because we want to be, not because we have to be. Living the thrifty lifestyle for the long haul allows us to live a very positive lifestyle.
5 Positive Results Of Embracing The Thrifty Lifestyle For Life
1. Less Financial Stress
It is true that paying off your debts reduces financial strain, but no payments isn’t the only positive effect of living thrifty. Being thrifty means you didn’t pay retail for hardly a single item you own. When you purchase your possessions for a fraction of retail you simply don’t stress about them like you do about those that you spent too much on.
Yes, you do take care of them–that plays a big part in frugality–you simply stress about them less. Being thrifty you know how to replace an item should it get damaged, lost or stolen–plus you know you have the money in the bank to replace it.
2. More Ability To Give
The longer you live the thrifty lifestyle the more and more wiggle room you create in your budget. Wiggle room is awesome! And one of the best things to do with that spare cash is to give it away. Help out that family you know is struggling. Donate to the community fund for a better playground for children in your area. Sponsor a child in a third world country. Giving makes your heart happier than a full wallet ever will.
Somehow bargain shopping is all the more thrilling when you know it means that the money you save on your purchases means you can meet the needs of others.
3. A Creative Life
Going to the store and purchasing something new off the shelf does save time, but it doesn’t nurture your creativity.
Taking that yard sale found dresser home and converting it into a changing table for your best friend that is expecting her first baby–now that requires tapping into your creative side.
Being creative is part of cultivating a passionate life. Allowing ourselves time and energy to be creative is a huge stress reliever for many and what better excuse is there to make time for your creativity than to save money and create something original for either yourself or someone you love.
4. More “Yes”
When you keep the wiggle room in your budget instead of filling it with larger than need be expenses you can suddenly say yes to things you never dreamed you could.
Our family, for instance, is currently on a 5 1/2 month RV road trip that we were able to say yes to largely thanks to living thrifty years after we really needed to.
5. More Time For Relationships
In the early stages of being thrifty you look for ways to increase your income that are somewhat flexible. You want to increase your income to knock out debt, but you also want to sleep some too.
Those passive income streams continue when the debt is paid off and they set you up for more flexible working hours. Sure you might still have to work your 40 hour a week job once the debts are paid, but chances are you don’t have to work it plus another 20 hour job to pay down debt.
With your flexible income streams becoming healthier by the year (trust me, most of them will) you are now able to not just have more time available to spend with friends and family, but also more money to spend on the activities you do with them.
You no longer have to say no to dinner out with your foodie friend, you simply work it in the budget saving money in other areas to make it work. You can go the gym and meet the gals for Yoga class 3 days a week–because it is a priority to you and you can now budget by priorities instead of payments.
Embracing The Thrifty Lifestyle For Life Allows You To Thrive
If I were asked to chose just one word to describe the benefits of living thrifty for life it would be thrive.
Being thrifty allows you to thrive in life. With continually growing financial wiggle room in your life you can make dreams happen –your own and those of others.
How Do You Start Embracing The Thrifty Lifestyle So You Can Thrive?
Being thrifty is more than figuring out how to spend less on your groceries or get the best price on a secondhand vehicle. Being thrifty is a mindset. Thrifty people develop habits and principles that become so ingrained that they can’t help but make thrifty life choices.
My book Thrifty & Thriving: More Life For Less Money shares those habits and principles with you as well as ways to develop them in your own life so that you too can join those who are thriving because of their thrifty lifestyle.
Until Monday, May 1st you can get the PDF version of my book in The Ultimate Homemaking Bundle. You will also receive 7 other resources in the Financial category of the bundle that will help you to succeed at your financial goals. The Financial category of the bundle has a retail value of $203.35 but the bundle costs just $29.97.
That is a great thrifty deal, however you get 11 more categories full of ebooks, eCourses, and a few physical hold-in-your-hand items in the bonus section.
The entire bundle has a retail value of $1989.70 and includes 2 summits, 21 eCourses, 51 eBooks, 1 membership site, 2 videos, 2 audios, 14 printables, 13 workbooks plus 8 physical bonuses and 2 digital bonuses. But you get it all for just $29.97.
You probably won’t use every product, but this is one time where not using up something to the last drop will still be extremely thrifty. Even if all you use out of The Ultimate Homemaking Bundle is the financial eBooks, eCourses and printables you will be saving $173.38 . And you will save even more money when you apply what you learned.
Remember though this bundle disappears Monday May 1st at 11:59 p.m. EST. So act now before you forget to purchase it and regret it. Click the orange button above to get your copy.