A Frugal Month is all about making small changes in order to live your best life on a smaller budget. Making small changes and taking it one month at a time will greatly improve your chances of permanently reducing your outgoings, whether it’s for paying down debt, saving for a house deposit or merely to get a healthy savings account together.
As a busy mum I’m sick of the rat race, sick of dropping off my child at breakfast club 30 minutes after he wakes up in order to spend the next 90 minutes commuting. If I could go back in time I would have had my lightbulb moment years ago and wouldn’t have to do this, but I didn’t and so now I have to make the best of it and work to reach financial freedom as soon as possible.
I have recently discovered the wonderful Frugalwoods blog (in which a couple in their early thirties scrimped and saved in order to move to a Vermont homestead, aged 33 – bliss, right?) and it has truly inspired me. I have been saying for years that I want to be mortgage free by the time I’m 50 – well as of August 2016 that’s 11 years away and, while we’re still on track for that, I would also like to have some decent savings (and, it goes without saying, no debt) when that magical day arrives.
What will we do then? That’s still to be decided. But what I do know is that I want to be able to live out the final third (if I’m lucky) of my life in a more relaxed, slower existence than I currently do.
If you’d like to follow me throughout the year and perhaps join in, please do sign up to receive email updates. Otherwise, use the menu above to check out recipes, moneysaving and moneymaking ideas, and my monthly updates, along with some links to other blogs and useful sites. And feel free to leave comments!