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Welcome Frugalistas!

What exactly does frugal lifestyle mean?  I believe it’s being smart and savvy in your choices. Prioritize and take control of what’s important to you and you will come out ahead.

This blog and website offers frugal tips and money saving ideas to help you live a richer life. Save money on everyday living. Start living the "Frugal Lifestyle" today.

Spend Less  • Earn More • Live Better

No. 1 Money Saving Tips From Top Leaders

5/5/2017

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​Some of the most successful people are savvy and frugal with their money! An article from CNBC lists the number one best money-saving tip from 25 top executives and leaders.
As part of a month-long financial literacy program organized by the Council for Economic Education, 25 successful leaders and execs, including billionaire tech investor Mark Cuban, shared their best money-saving tip. The goal of the month-long social media effort was to inspire young people to start thinking about how to manage their money. You don't have to be young to benefit from the advice, however. Here are the 25 tips:
​1. Mark Cuban, investor, entrepreneur, television personality and owner of NBA's Dallas Mavericks
Tip: "Open a savings account and do odd jobs to earn money to save!"
2. Lo Bosworth, entrepreneur, author and creator of TheLoDown
Tip: "I love to create a monthly savings goal for specific things. Like, save $250 for shoes and you won't spend more."
​3. Melissa Giannini, editor-in-chief, Nylon Magazine
Tip: "When you've got your eye on a splurge item, jot it down as a goal and increase the amount you set aside for savings. Check back in a few months. Still want it? Great. If not, even better! Buyer's remorse averted and healthy savings account."
​4. Kelli B. Grant, consumer reporter, CNBC
Tip: "Regularly review your big expenses — like auto insurance, cell phone plans and energy bills — to make sure you are getting the best deal. You could be missing out on savings!"
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​5. Megan Hess, mobile editor, Bloomberg
Tip: "I invite friends over to cook dinner or for game night instead of going out and spending money."
​6. Dan Kadlec, journalist and author. His most recent book, co-authored with Ken Dychtwald, is "A New Purpose: Redefining Money, Family, Work, Retirement, and Success."
Tip: "Wait 24 hours … Before buying an item on impulse. You will go back if it is really worth it!"
​7. Brian Kelly, founder and editor in chief at The Points Guy
Tip: "Travel makes you a better person. Save for trips — not things!"
​8. Ron Lieber, The New York Times "Your Money" columnist and author
Tip: "Doing things > having things. Your spending = your values."
​9. Erin Lowry, founder of Broke Millennial
Tip: "Nickname your savings account(s)! This will help motivate you to save and reduce temptation to pull money out."
​10. Dr. Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy at the George Washington School of Business
Tip: "Spend a little time each week going over your personal finances and educating yourself about personal finance. You will become both knowledgeable and rich!"
​11. Kathryn Minshew, founder & CEO at The Muse, contributor to HBR, WSJ & Bloomberg
Tip: "Rather than spending $1 here or $2 there, save up for larger, more meaningful purchases!"
​12. Nan J. Morrison, CEO & President, Council for Economic Education
Tip: "Evaluate online banks for great rates on money market savings accounts."
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​13. Brian Page, high school teacher, Cincinnati, Ohio
Tip: "Pay yourself first by splitting your paycheck deposits into three low/no fee accounts: 1. Investing for retirement (myRA, 401k, etc.) 2. Savings (for emergencies and goals) 3. Checking (for daily spending)"
​14. Mona Patel, Founder and CEO of Motivate Design
Tip: "Keep it simple, decide what you want and then go for it. Get rid of the excuses, check your stories and recognize whatever money challenges can be overcome in the future."
​15. Carrie Schwab-Pomerantz, President, Charles Schwab Foundation and SVP Charles Schwab
Tip: "Make saving a part of your routine — like brushing your teeth! Put aside at least a small portion (say 10 percent) of every dollar you receive, including gifts, allowance, and money from your first job. You'll be really glad you did."
​16. Rosie Pope, creative director and co-founder of Rosie Pope Maternity
Tip: "Try to save each $1 bill — start at $1, then $5, then $10, $20, $50 all the way up to $100! Go to the bank at each benchmark and exchange it for the correct note. Celebrate your $100 bill!"
​17. Chondra Sanchez, creative co-director and writer at Evil Ink Comics
Tip: "WAIT. Sometimes if you wait at least two before making a big purchase — you find you don't really need the item at all!"
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​18. Chris Siegfried, mortgage consultant at HomeStreet Bank
Tip: "Save at least 10 percent of everything you make/get! #SavingIsCool"
​19. Ann Shoket, author of "The Big Life," former editor-in-chief of Seventeen Magazine
Tip: "Before you buy anything ask yourself: How will I feel about this tomorrow? Happy? Do it! Panicked? Skip it!"
​20. Andrew Ross Sorkin, The New York Times columnist, editor; CNBC Squawk Box co-anchor; author and creator, executive producer of Showtime's "BILLIONS"
Tip: "If you can't afford something, set this goal: You can buy it, but only once you've saved twice as much as it costs!"
​21. Alexa von Tobel, founder and CEO, LearnVest
Tip: "Saving is a muscle. The sooner you start the stronger it gets!!!"
​22. Tara Lynn Wagner, NY1 reporter
Tip: "When you want something new, think about how long you'll have to work to earn enough to buy it. For instance: Cute new boots = 10 hours of babysitting. Then ask yourself, 'Are they worth it?'"
​23. Natalie Zfat,entrepreneur and Forbes contributor
Tip: "Money doesn't grow on trees. Don't be afraid to talk openly about the importance of saving, spending and investing."
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​24. Sam Zises, founder and CEO, [L]earned Media
Tip: "Paying with cash instead of with a credit card can help you save money. If you are physically holding cash at checkout, you will feel more conservative and often times make better decisions."
​25. Randi Zuckerberg, founder and CEO, Zuckerberg Media
"Invest in you! Use your money to help expand your mind. Buy educational tools, gadgets, or money savings apps! Take coding lessons! Or support an organization that has helped you learn and grow!"
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    What does living frugally mean to me? Well, it does NOT mean being cheap, quite the contrary, I believe it’s being smart in your choices, such as how you spend your money everyday. Prioritize and take control of what’s important to you. I always strive to spend less on almost everything.

    In this challenging economy, some of us have had to cut back on our expenses. Wouldn't it be nice to still have the things or services you want and need but not have to pay full price or even better, get them for free? 

    Choose value and quality over quantity or fads and you will come out ahead. The great benefit of being frugal is that it eliminates waste and clutter which in turn helps our environment.  By doing simple changes towards more “green” and frugal ways, together we can make an impact on our planet. 
        

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     Hi, my name is Marissa Winfrey and I have been living the frugal life ever since I can remember. I have always looked for great bargains and getting the best value for my money without compromising style and quality.

    My background is in visual display and interior decorating. It’s always been my objective to recommend cost effective solutions to my clients. I, of course, practice what I preach! I have furnished my own homes mostly with furnishings and decor items from my own little vintage boutique, estate sales, discount stores, flea markets, yard sales, thrift stores and even curbside discarded furniture!

    My frugal practice goes beyond the home. I offer money saving tips on just about everything, from shopping to travel and everything in between. I hope my blog and website will inspire everyone to be their own Frugalista.

    Follow me on Facebook, Google+ 
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Read and learn about useful tips and tricks from experts on how to live "the frugal lifestyle" everyday!  Check out the books below, to see more of my top picks of frugal and financial savvy books, please visit The Frugal Book Store.
​
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Living The Savvy Life:
The Savvy Woman's Guide to Smart Spending and Rich Living
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It's Not About Being Cheap.  Living the Savvy Life isn't about being a cheapskate, a miser or a tightwad.  It's about having security and peace of mind by spending less than you make.  It's about knowing where you stand financially on a daily basis so you can make intelligent fiscal decisions. 

​It's about being penny-wise on the things that are less important to you so you can spend money on the things that are important to you. It's about choosing to purchase only the things that you love and make you happy.  
It's about finding, attaining and maintaining balance.  Are you ready to start Living the Savvy Life?

   
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​Thrifty: 
Living the Frugal Life with Style


Best-selling author Marjorie Harris offers a timely and entertaining guide to living the richly frugal life. From tips on how to haggle to becoming a frugal fashionista, maintaining your home on a budget, and thrifty gardening, travel, and entertainment, Harris provides essential guidelines to living a quality life on less. Written in her trademark witty, engaging, and accessible style, Thrifty is packed with simple and savvy tips drawn from Harris' own fulfilled, thrifty experience. Bonus tips come from renowned experts such as best-selling author Margaret Atwood, chef Jamie Kennedy, actor R. H. Thomson, travel writer Sylvia Fraser, and The Globe and Mail's style columnists.
  
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How to Retire Happy, Wild, and Free: 
Retirement Wisdom That You Won't Get from Your Financial Advisor
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How to Retire Happy, Wild, and Free offers inspirational advice on how to enjoy life to its fullest. The key to achieving an active and satisfying retirement involves a great deal more than having adequate financial resources; it also encompasses all other aspects of life -- interesting leisure activities, creative pursuits, physical well-being, mental well-being, and solid social support. 

What sets this retirement book apart from all the others is its holistic approach to the fears, hopes, and dreams that people have about retirement. This international bestseller (over 110,000 copies sold in its first edition) goes way beyond the numbers that is often the main focus of retirement planning in most retirement books.
   
To see more of my top picks of frugal and financial savvy books, please visit The Frugal Book Store.

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