Mr. Frugalwoods and I had a conversation last night about how much more frugal we’ve become since formalizing our plan to retire in 2017 to a homestead in the woods of Vermont and it got us thinking: could we–or anyone–be this frugal without a destination in mind?
I’m fond of saying that when you’re working towards a goal, frugality isn’t about what you’re giving up, it’s about what you’re going to gain. I think a frugality-fueled goal could encompass a range of things from paying down debt to putting kids through college to having the ability to travel the world. But what if you don’t have a goal set at all?
The Frugalwoods Frugality Journey
I’ll be honest that our journey through, and to, frugality hasn’t been terribly rocky. We’ve never had any debt (other than our mortgage), we don’t have a secret passel of jet skis hidden in our basement, and we’ve always been mostly aligned in our approach to our finances.
Continue reading Is Frugality Sustainable Without A Goal? at Frugalwoods.