5 Reasons To Be Thrifty

ByVictoria Updated:

Your reasons to be thrifty are going to be different than my reasons, but I think we can all agree on one thing: committing to the thrifty life is a whole lot easier if you know your reasons.

What are your reason for living a thrifty life Here are some good ones.

If you are not crystal clear on your reasons for living thrifty then I hope this post inspires you to take a few moments to sit down and write down your reasons for living a thrifty life.

5 Reasons To Be Thrifty

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(…or really 5 Reasons Why My Family Is Thrifty)

1. It honors God

I once heard that there are 3,000 verses in the bible dealing with the topic of money…I think how we handle our money as Christians is pretty important to God if He gave it that many verses.

Since my family desires to live a Christ-centered life, we put being a wise steward as our top reason for living a thrifty lifestyle.  Regardless of how God may bless, we are always thrifty with it, making sure it stretches as far as possible, and sometimes that means right out of our hands and into the hands of another in giving.

2. It allows us to have more with less

At the time of writing this, our family of five has never once had a 6 figure income year. In fact, there have been many years that we barely made it halfway to one. Yet we have always had our needs met–plus a few splurges–despite our less-than-huge income.

We attribute this to knowing how to stretch a buck to the max.  Full price is rarely paid in our household.  In fact, 50% off or more is probably the norm for most of our purchases.  That means we often make our money go twice as far as the family that pays full price.

3. It allows us to be debt free

I want to make something clear: our family doesn’t think debt is evil. We do, however, think that it can burn you if you are not careful. There is wise debt (a basic home bought for 20% down with a payment of no more than 25% of your take-home pay) and dumb debt (a huge home bought for zero down with a payment of far more than 25% of your take-home pay).

However, thanks to loved ones that we miss greatly–who loved us enough to leave us a financial legacy–and our thrifty ability to make it go as far as possible, we live a debt-free life and enjoy its advantages such as family time gained by fewer hours having to be traded for work to pay bills.

4. It allows us to be generous

Sometimes I fail at this one. I hold my money in a tight fist when I hear the tug at my heart to give, thinking of this bill and that bill we need to pay soon when I should be trusting God to provide just in time and be faithful in giving in to His urgings to help others.

When I do listen and give as He commands, I have never missed the money. In fact, it is the number one thing I love about being thrifty. I can give because I know I can make what I have go further (actually, God does).

5. It is a challenge

I am a very competitive person. I don’t even need another person to compete against…I love challenging myself to do better, be more, and go further.

I love seeing how little I can pay for an outfit and still have people go, “man, you look good in that.” I aim to keep the cost of date night as low as possible and still come home going with that “romantic feeling.”

This is why when I saw a home for $10,000, I had to snap it up and see how we could save money on renovating it. Thankfully my husband likes thrifty challenges too.

The personal challenges never stop in the thrifty life, and I thrive on them.