Browsing Category Savings
How a Scarcity Mindset May Be Hurting Your Finances
Some habits are really hard to kick. Even as I’ve grown older, and seemingly more practical, it’s been really tough to part with a deeply ingrained scarcity mindset. Where does it stem from? Possibly from losing my first job or burning out in my previous career. Either way, this fear-based way of thinking can be stifling. What is […]
If We’re So Fascinated by Frugality, Why Aren’t We Saving?
Save yourself. An ominous blog post from Jonathan Clements warned yesterday afternoon. “The Great Recession may have been a wake-up call for American families. But many have since drifted back to sleep.” How did The Great Recession affect our country’s personal savings rate? In 2012, it reached a two-decade high of 7.6%, but dropped soon […]
What Does Financial Freedom Mean To You?
The following blog post is part #TheRoad to Financial Wellness Blog Tour. Over a period of 30 days, the Phroogal team will go to 30 locations to raise awareness about financial empowerment. Today they will be in Nashville! Our goals is to help people learn about money by starting the conversation. We understand that local […]
Why Personal Savings Rate is Important
I think it’s safe to say most of us would love to reach financial freedom. The problem is we have no clue how to get there. Whether financial freedom means early retirement, the ability to work a more fulfilling job or simply less time on someone else’s watch—it feels elusive and out of reach for […]
What Motivates You To Save?
I’m not the only 30-something year old whose parents still worry about them. For me, it’s always been related to too much time and energy spent working, and perhaps, not enough for socializing and relaxing. I’ve been a hustler since my working life began around the age of fourteen, always looking for ways to work […]
My Favorite DIY Halloween Costumes
DIY Halloween costumes are my favorite thing about fall. Once summer hits, I’m already brainstorming ideas. DIY Halloween costumes rock because: 1) They are cheap. 2) They are easy to make (no art skills required). 3) They are great conversation starters. 4) You may even win free stuff at parties. An original Halloween costume doesn’t have to […]
The First Step Toward Financial Freedom Is Deciding You Have Enough
Before I began my financial transformation, I was regularly living above my means. This manifested itself in several ways including pricey vacations, sky-high restaurant bills, and fancy new furniture. The most financially devastating, however, was my designer clothing habit. I thought very little of dropping $300 on a new handbag or splurging on a new […]
Why Is Talking About Money The Last Taboo?
I’ve been exposed to income inequality for as far back as I can remember. I grew up in a small historic town that had only been a desirable place to live since the 1980s. Prior to that, the center of this once prosperous shipbuilding town had fallen into disrepair. During the 1950s and 1960s, the […]
