The 6 Stages To A More Frugal, Healthy Life

Описание к видео The 6 Stages To A More Frugal, Healthy Life

How to live a frugal life.


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Living a frugal life is about living with intention. It is about making positive choices every day to have a healthy relationship with money. In this video, I share "The Six Stages of Frugality."

Stage 1: Decide you want to live an intentional life

Living a frugal life starts with deciding to become intentional. Frugality is not being cheap, nor luxurious, but simply intentional. When it comes to personal finance, most people are not living intentional lives. Most people are not budgeting and educating themselves on creating a healthy relationship with money. To begin a journey to live a more frugal life, you simply decide you want to live more intentionally.

Stage 2: Become Mindful of Your Financial Habits

Once you decide to live a more intentional life, you next need to become mindful of your financial habits. Being mindful is about looking at yourself and discovering who you are and your relationship with money. It is important to notice how you are spending and managing your money.

Stage 3: Confront your habits

Once you become more mindful of your habits, it is time to confront your habits. It is important to figure out which habits are costing you money and decide the areas that need change. Living a frugal life is not about never spending money and being cheap, but it is about being intentional and confronting negative financial habits.

Stage 4: Create intentional financial goals

This is the more technical side of your frugal journey where you have to take steps to create intentional financial goals. It is the part where you should sit down to make positive changes in your finances. This including budgeting, paying off debt, begin an emergency fund, and educating yourself.

This stage is one of the most difficult, but is the stage where you begin to make positive changes.

Stage 5: Start living an intentional life

Once you do the previous steps of becoming more mindful and begin creating intentional goals, you now put those goals into practice. A big part of living an intentional life is making small, intentional decisions every day to save more. Every day we are faced with many small decisions and it is important to focus on making intentional decisions.

Stage 6: Live an intentional life (unintentionally)

Once you follow through with this process, living a frugal, intentional life will eventually start to become natural. After you live an intentional life for so long, it will just become your way of living and your intentional decisions will become unintentional.

**I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **

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