Pecuniarities

Welcome to the 139th Edition of the Festival of Frugality! This week’s edition celebrates the sensational achievements of Michael Phelps, holder of 15 Olympic Gold Medals and 7 World Records in swimming, in the past week and a half at the 2008 Olympics with photos and inspirational quotes from the champion himself.
I am also hosting [...]

While browsing the WiseBread Forums today, I came across an interesting thread in which a member asks: Is “Simple Living” Just Another Term for “Giving Up”?
Several members responded with various opinions:

There is a difference between simple living and forced poverty.
Not everyone enjoys the rat race.
It’s a choice.
It’s a form of retirement.
Some live the frugal [...]

It is not easy to be young, single and frugal these days when designer clothing and accessories, iPods and Blackberrys are king, and being cool and having fun is dependent on how much money you can spend. Frugal is not a word often associated with the first 2 traits - young and single - and [...]