Monday, September 24, 2012

Frugalit means to stop impressing other People.

One sure way to save money or to be frugal is to stop impressing other people.

Other people are so busy with themselves that they will not notice your effort in trying to impress them. Or the effort you made is no less different from the effort they are making to impress you. They are so busy with themselves that they will hardly notice that other people are trying to impress them.

In the foreword of Veblens book "The Theory of the leisure Class" as cited in the "Your money or your life" by Vicki Robin & Joe Dominguez.
"People above the line of base subsistence, in this age and all earlier ages, do not use the surplus, which society has given them, primarily for useful purposes. they do not seek to expand their won lives, to live more wisely, intelligently, understandingly, but to impress other people with the fact that they have a surplus.... spending money, time and effort quite uselessly in the pleasurable business of inflating the ego"

                                           Impressive? Photo source: The Fiesty Life

Once we stop impressing other people we can certainly save a thousand pesos. and see how impressed other people will be with how much we saved.

whenever I make a purchase, I make sure that it will be worth every penny I spend  and will complete enjoy the said purchase like making a full use of it.I dont mind wearing the same pair of dress every monday or every tuesday of the week, what is important for me is that its clean and decent.

Whenever i buy a new pair of dress or any purchase i make, I make sure its not cheap because cheap things are not good and good things are not cheap. The surplus that I make for every month are invested in the stock market.

Investing in the stock market is not easy and is complicated, that is why i got a mentor, thru the Truly Rich Club of Bo Sanchez.

                                         Photo source

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