Money matters - living a simple life, frugally

With rising costs and increased learning needs, financing our children's education is no longer a simple walk in the park. Discuss with other parents about how they are managing their finances to cope with their expenses.

Money matters - living a simple life, frugally

Postby alfretztay » Fri Oct 21, 2011 5:10 pm

I believe that for most of us, we would not only survive but also not be subjected to too stressful a life just by living a simple life, frugally that is. What is your opinion?

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Re: Money matters

Postby mummy of 2 » Fri Oct 21, 2011 5:21 pm

I think everyone has a different definition of frugal :)

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Re: Money matters

Postby auntieM » Fri Oct 21, 2011 6:31 pm

Depends on what type of stress you are looking at too.. ..
some 'stress' and pressure are unavoidable.. ..no matter how simple one's life is... :smile:

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Re: Money matters

Postby alfretztay » Fri Oct 21, 2011 9:41 pm

mummy of 2 wrote:I think everyone has a different definition of frugal :)


According to Wikipedia, "frugality is the quality of being frugal, sparing, thrifty, prudent or economical in the use of consumable resources such as food, time or money, and avoiding waste, lavishness or extravagance."

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Re: Money matters

Postby alfretztay » Fri Oct 21, 2011 9:54 pm

auntieM wrote:Depends on what type of stress you are looking at too.. ..
some 'stress' and pressure are unavoidable.. ..no matter how simple one's life is... :smile:



Some stress and pressure are indeed unavoidable. In fact, a little stress would generally do us some good by spurring us to do better, if not our best. Unfortunately, scientific and medical advancement have not yet able to tell us how much stress is too much for each of us as individuals. Only by succumbing to cancer and other illnesses, do we then know that we are too stressed out. Most, I believe, would not disagree that it may be a little too late by then.

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Re: Money matters - living a simple life, frugally

Postby RoyceH » Sun Oct 23, 2011 11:42 pm

'The richest man is not the one who has the most but rather needs the least." :)

I'm a frugal person, but willing to spend the money to travel :p

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Re: Money matters - living a simple life, frugally

Postby Joule » Wed Feb 15, 2012 1:54 pm

dont buy branded stuff, you dont need them

don't drink latte, drink kopi will do

don't travel far away, go malaysia can oredi

don't need to buy a BMW, buy a suzuki eh sai liao or take MRT and bus

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Re: Money matters - living a simple life, frugally

Postby UncleLim » Wed Feb 15, 2012 2:03 pm

alfretztay wrote:I believe that for most of us, we would not only survive but also not be subjected to too stressful a life just by living a simple life, frugally that is. What is your opinion?



I used to be extremely frugal. But now in my 40s, I try to be less extreme and be just moderately frugal.

Maybe I have been conditioned by a childhood where the likelihood of the next meal was less than assured. But on the other hand, I have siblings and friends who spend like there is no tomorrow: Beautiful cars, horse-riding, fine dining restaurants etc when their income is a fraction of mine. :shrug:
Last edited by UncleLim on Thu Feb 16, 2012 5:12 pm, edited 1 time in total.

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Re: Money matters - living a simple life, frugally

Postby Canvas » Wed Feb 15, 2012 4:47 pm

I guess it's all about living within one's means. What we see may not always be what they really are. Being frugal out of choice is one thing, struggling to (barely) survive is another. For the latter, I guess one will need to do a financial checkup to see what went wrong and possibly figure out ways to improve the situation.

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Re: Money matters - living a simple life, frugally

Postby peanut_butter » Sat Feb 18, 2012 9:54 pm

Joule wrote:don't drink latte, drink kopi will do

Disagree with this one. The quality of the kopi is getting worse.

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