Wednesday, February 27, 2008

Frugality - back in vogue?

I read a lot of blogs written by the American religious christian right, mostly women who are full time home makers. They home school their children, praise their husbands & practice 'frugality'.

Why the scary quotes? Frugality is such an ugly concept in India, its considered cheap, especially in the metros. I'm usually economical, not exactly frugal though :-(

I've never had a credit card debt, touch wood, & am more used to lending money than borrowing it. At the work place, I used to have a lot of friends who couldnt manage money at all. One of my best friends for example, he's always in debt, he has no idea where it all goes. I guess binge drinking on weekends tend to thin out your wallet.

In the last 4 yrs, I saved up about 40% of my income, while living on my own; impressive I know. Now I'm unemployed, living on my husbands money. Its not easy for me, independent as I am. Unfortunately, he's working for an Indian company which does not pay a lot. And so, we have to make every dollar count. Thats where frugality comes into the picture.