The benefits of living a frugal life.

That most of us are considered poor is no disgrace, but does us credit; for as the mind is weakened by luxurious living, so it is strengthened by a frugal life.
--Minicius Felix, 3rd century A.D.

Although I've mentioned my frugal tendencies in other posts, I've never dedicated an entire post to the idea of living on a small income.

For us, living frugally is very important, since we are trying our best to pay off our debts and also save up enough for a downpayment on our own home, all on a very limited income. And I know saving money very important for a great many of us these days, when prices and taxes keep rising, and job security is a thing of the past.

Because we live in a heavily industrialized area of Ontario that has been very hard hit by job losses in manufacturing over the past decade or so, Chris has gone long stretches of time without having a steady job. We have learned to cut back more and more to make ends meet, and have even managed to save a wee bit. And you know what? Although "living poor" seems like a hardship at first, after a while it starts to be almost...fun. It's a challenge--and I am always up for a good challenge.

A few days ago Chris was laid off from his current job. So, now there is a new challenge before us. Although part of me is naturally worried about how we are going to manage over the next little while, another part of me is glad that now I have a reason to really buckle down and get serious about counting every penny. Because every time we go through a rough patch like this, I discover another way to cut back, another way to be creative. For example, I am going to have to think of a way to create two Halloween costumes this year, without buying any materials. This way of living does strengthen the mind, I think.

Another benefit of living frugally on a small income is that we appreciate the things we do have so much more. This is a phenomenon I noticed fairly early on in our marriage. The lean times, oddly, often seemed to be the happiest times. And not only do we appreciate things more when we have less, but life is a little bit simpler when we don't have to worry about how to spend our money.

You can't live without money, of course, and I admit there are times I certainly wish we had a bit more of it. But it is totally possible to live a rich, full life, with very little money. A lot of people would be shocked if they knew how little money we were raising our family on. True, our clothes are not fashionable, our car is getting rusty, and our dishes are mismatched, but we're happy, and I feel satisfied that we are careful with our resources and never wasteful (which sometimes means purchasing the better quality item over the cheaper one).

I believe it's actually a good thing that these tough economic times are forcing people to take another look at what they really need, learn to be more careful with their spending, and be less wasteful. Frugal living creates fortitude and strengthens the imagination.  I hope that also, these difficult times are getting people back to their roots, helping them to remember what is really important: Family. Togetherness. Hard work. Love. None of these things costs a single penny. :)

Comments

[Lindsay]

Well said :) We are living on a much smaller income than the average person as well, and yet I just don't feel "poor" - life is so good! We have everything we need and then some. And the odd time that I start thinking that we're poor, I remind myself that even in the worst of times we have so much more than those truly poor people in this world (Haiti, Sierra Leone, etc) and I am truly grateful for this life we have.

[Laura Jeanne]

That's true, Lindsay--most people living below the poverty line in Canada would probably be considered wealthy in many areas of the world. We really are blessed here!

[Citysister]

When times are lean is when I often find we are closer than ever...so many couples break up over finances, yet I think that if you have to struggle, or choose to, and do it together it only makes you stronger.

[Alex]

Great post Laura! We live a simple life too, and have to watch every penny we spend, but I think also there are many benefits in living this way.

[Alex]

I forgot to add something..I sent you a pm on FV about this saturday's class, I am trying to change the date. Please let me know asap. Thank :)

[Country Sister]

Great thoughts. We've lived in many different financial scenarios over the years and it seems like no matter what we always find ways to have a great time--together. It is good to keep perspective as to how we live in comparison to much of the rest of the world. Our water is clean. For so many that is wealth beyond belief.

[Sue]

Thanks, Laura,
I've been lurking for a good while, just enjoying your thoughts, but this one especially- thanks.
Sue

[Lisa]

AMEN!!
It's definitely a challenge to live off a small income. We are a one income family and it sure does make us think twice before splurging or buying something unnecessary.

I wanted to let you know that I received the teething toys and they are great. I love how smooth they feel to the touch. Nice job! I blogged about your little Etsy shop. I hope you get some more customers. I know I'll be visiting when it's time to get bday presents for some little ones. thanks again.

[Debbie]

I only found your blog recently and I really enjoy reading it, particularly todays post. I hope your Husband finds another job soon.

[twigandtoadstool]

What a great post! I can totally relate...after baby #2 I really cut back my hours at work...now we are livin' paycheck to paycheck...there is a bit extra in the bank, but I've never had to budget quite like this. And yet...like another commenter said, I feel totally blessed...I think of mammas in other parts of the world struggling, and I know that even being "poor" by North American standards, I am so rich and FULL by the world's standards. I get to be with my kids all week long, homeschool, garden...my life is full and blessed...sounds like yours is too!
xo maureen

[What is frugal living]

For me frugal living is not living to sacrifice your all desires. And also doesn't mean you fulfill all of them.
Its about adjusting in the kind of income you have. Saving plays a major role. One can always find substitutes.

[Hawaii]

I was married for 25 years and the marriage came to a end. Now, I am single again. I am living off of my income. I took on a part-time job, now I am doing great with my life. I live a very frugal life. I shop at secondhands stores. I never purchase anything unless it is on sale. I am truly blessed because I have my health and strength.