Real life experience of a Filipina towards her journey to be financially independent. Experiences as a Truly Rich Club member of Bo Sanchez, and how these club help her wiser in handling finances, Investing, Philippine Stock Market, and financial advices
Showing posts with label Frugality. Show all posts
Showing posts with label Frugality. Show all posts
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
Labels:
Frugality,
Money,
Saving,
Stock Market,
Truly Rich Club,
Wealth Strategy
Saturday, September 1, 2012
Frugal Pinay
Frugality is an ancient word which comes from latin root word with frug "virtue" frux "fruit or value", frui "to enjoy or have the use of"
Frugality is enjoying the virtue of getting good value for every minute of your life energy and from everything you have the use of (Robin & Dominguez, Your money or your life).
Its simply being content and enjoy your possessions. If you have five pairs of shoes but feels you still luck one and failed to enjoy the other pair then one is not frugal.Frugal people use something wisely. its about getting a full value of everything that life has to offer.
Frugal people make sure they get value on all purchase from the- kilo of mangoes, to the galloon of ice cream and even a simple beach get away. Waste is not on the number of our possessions but on our failure to enjoy them.
You dont even have to own something to enjoy it.. you merely have to use it...
Being frugal is right-use or righteous.
It is being able to say that one has enough. Enough is being contented with the things that life has provided you.
I would say that to be a frugal person takes a lot of effort espacially if you are not brought up to be frugal. But eventually one will learn how to become one. The very first step to be frugal is to enjoy to the fullest the very things you possess, before acquire similar or the same item. To achieve it you need to have mentors that will guide you to become financially independent, joining the Truly Rich Club is very beneficial to me.
Labels:
Contentment,
Financially Independent,
Frugal,
Frugality,
TRC Experience
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