Many people shy away from words like thrifty and frugal. These terms do not necessarily mean stingy, tight, or miserly. They mean that a person is careful with money, and most of the time it’s not a matter of wanting to be “cheap,” it’s a matter of necessity. For many families, making ends meet is a struggle. The money manager has to be frugal to make sure the family is able to survive. This is especially true for families with only one income.
However, “surviving” does not mean that a family has to feel like they are just getting by. Thrifty families can still live well, because careful spending means that you will have money left for other things.
For example, when a family only purchases clothing when it’s on sale, or fills in with gently used items from consignment stores, each member will be able to have more and better clothes. Sure, they could buy the pricey, trendy pieces, but then they won’t have as many outfits. Saving on everyday clothes also means that extra money will be available for seasonal purchases such as winter coats or boots.
When a family watches the food budget carefully, they will be able to eat well while still saving money. If a family on a tight budget splurges on expensive meals, they have to make up for it somehow. That might mean enjoying take out one night, but having to eat peanut butter sandwiches for lunch for the next week. Most people would rather eat well all the time, even if that means using coupons or waiting for sales.
Being frugal is something to be proud of, not embarrassed by. It means that you are a good manager and you make sure your family’s needs are met for the least possible amount of money.