I go out for coffee about three times a week. I usually hesitate to admit that, since the Latte Factor has made coffee the epitome of thoughtless spending.
Our coffee budget is about $40 a month, but for us it’s not money lost. We consider it an important part of our budget. We use coffee as inexpensive entertainment that takes the place of eating out and shopping.
I also always buy the good toilet paper (Kleenex Cottonelle).
I don’t mind spending more for better quality food.
I used to think being frugal was spending as little money as possible — but that’s just being cheap. Now I know frugal is being wise with your purchases and spending money carefully to receive the most value.
- 100 Different Ways to Save $100 This Year – Part 1 — from Money Saving Mom (my favorite is when she says, “Do not buy more than you need. Just because it’s a great price does not mean you need to buy it.”)
- Don’t Give Up What You Love — from Remodeling This Life