Lets face it, in todays society we are forced to live above our means. Credit cards at the age of 18? Mortgage refinancing with high variable rates and loan offer checks in the mail are just few of hundreds of ways to become IN DEBT!

I was raised by a frugal set of parents; back than it was called being what I refer to as "the C word" CHEAP! Cheap does not mean Frugal as this will be explained later on. My childhood consisted of chores for minimal pay of $3.00 a week, these were responsibilities such as taking out the trash, cleaning my room and the dreadful wood stacking. This was New Hampshire living in the 80's (some may know what I mean). These early lessons taught me life altering skills for the rest of my life (thanks mom and dad).

Lets go back to my first Loan I ever took out. This is where it all started turning in my head as I asked my parents to borrow 15 dollars for a brand new GI Joe action figure that K-mart just stocked on the shelf. So I was like 7 years old and it seemed like a great idea for Mom and Dad to loan of the cash since I had no money,but I really wanted the new GI Joe action figure. Well I sure got what I asked for and a whole lot more than i have ever expected. I had a blast with the new toy but paying back this "loan" was another story.

Do you have any idea how long it took for me to pay off this loan? Well lets just say the average weekly salary as you know was $3.00 a week. Raking leaves, stacking wood and helping around the house was no picnic. I worked hard to pay for this little toy that by the time it was paid off Mr. GI Joe was at the bottom of the toy box collecting dust. A life lesson was leaned at a young age and has followed me all along.

How did you become Frugal?

Here is a place where we will discuss our fugal-ness, share our fugal ways and help each other keep our head above water in these tough economic times.

5 comments

  1. Frugal Mom // August 7, 2008 at 6:44 PM  

    This is a great site! I am a true believer in "One mans trash is another mans treasure".I take care of the things I own.If I know longer have use for it I would rather take it to a place that will sell it and do good with the money and let some one else have it or saving things for the next generation. Rather than just trow it away.

  2. Frugal Joe // August 8, 2008 at 6:28 AM  

    Great way to be frugal! Taking care of things you own will create a future opportunity to resell for a higher price. Look around you home and see what things you may be able to part with to bring in a little extra cash.

  3. don // August 10, 2008 at 9:32 AM  

    This site was very helpful to me and saving money in places i never would have simply thought about myself. Going out to eat, traveling less to unneeded places or running errands while in the area all are helping save at least $50 a week now! THANKS FOR THE HELP FRUGAL JOE!

  4. don // August 10, 2008 at 9:32 AM  

    This site was very helpful to me and saving money in places i never would have simply thought about myself. Going out to eat, traveling less to unneeded places or running errands while in the area all are helping save at least $50 a week now! THANKS FOR THE HELP FRUGAL JOE!

  5. Miss Annie // January 2, 2010 at 5:48 PM  

    Very informative site! Keep up the good work! I live well below my means and already use many of the cost saving ideas you present here, but it is always good to have another reminder! Happy New Year!

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