Modest Needs Foundation's primary goal is helping normally self-sufficient individuals with one-time financial emergencies. This means that many of our applicants are part of hard-working, but low-income families.
When income is tight, frugality can be a real blessing. Tracking your money, saving items to be used later, scavenging and preserving are necessary measures to keep heads above water.
And perhaps no one does frugal like Tightwad Gazette author Amy Dacyzyn:
She obviously has some creative ideas and crafty ways of saving money, but I wonder how far you go to pinch a penny. What is it worth to you in terms of time?
For folks like Dacyzyn, frugality is a game. It's a thrill. It's a passion, and nothing is better than people with a passion. But are the steps she mentions in the video above realistic for your average individual? Even one on a very tight budget?
I'd love to hear your thoughts on frugality, unusual or creative ways that you save money and whether or not it is something you enjoy or something that you feel you must do.
Sound off below.
[Photo by Benjamin Deming]