Frugal living is pretty trendy right now, but how frugal is too frugal? Should you clip coupons, wash and reuse your tin foil? Where do we draw the line? Being frugal is a good thing. But frugal living can be taken too far and sometimes even cost you more in the long run. Walk the fine line without crossing over. Is there such a thing as being too frugal?
At its core, being frugal is a good thing. But lots of things that are fundamentally good can be harmful and destructive if taken to an extreme. Drinking water can even be deadly if you overdo it. We should all be encouraged to be frugal in certain areas but don’t go nuts!
And being frugal is only one side of the coin. There is only so much you can cut out of your spending, however, there is no cap on how much money you can make. If you’re down to minimum expenses than maybe it’s time to find ways to make some extra money on the side or create some passive income.
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