A frugal mentality was once very common in our society. An older generation that had seen much harder times, saved in ways that seem amusing not to mention impossible to today’s youth. Grandmothers did whatever they could – repaired clothes or got their chappals repaired that they would wear for years, did the laundry, never ate out or took vacations- to save every anna. Such thriftiness can now seems as needless as a broken chappal.
Frugal living is not the answer; it’s time to get a better sense of where your money is going.
Today most people don’t budget routinely, and don’t track their spending. Many families or households who’ve had glorious years of not worrying about spending or taking a loan, who used credit cards lavishly and lived good life, have felt it oppressive when they have lost their jobs or bonuses or took salary cuts and had to live frugally.
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