Weird Frugal Flexes

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Quote

“You'd be surprised how expensive it costs to look this cheap.” - Steven Tyler

Weird Frugal Flexes

Frugality.

Some will call you a cheap a**, but in reality frugality is finding ways to save money without being extremely stingy.

A few weeks ago I posted the question below on Twitter asking people to share their frugal flex.

With over 200 replies, there were some good ones, and some that were just…well…you’ll see.

Here is a recap of some of the best, and worst frugal flexes.

The Best

Really though, haircuts can add up quick nowadays. If you’re confident enough in letting a friend or family member give you an edge up, then you can save a few bucks.

My fiancé used to cut my hair, but in best interest of our relationship I once again go to a barber.

Vehicles are what I like to call the #1 wealth killer. Getting a car or truck that is reliable, and affordable, will provide you transportation without killing your finances.

I did a full post on how to not be car broke using the 20-3-8 rule. You can read it by clicking HERE.

Similar to vehicles, homes are often a way people get underwater in their finances. Remember, you don’t (and most likely shouldn’t) buy a home for the max amount you were approved for on a loan.

Here is a good clip from the Money Guy Show on their guide for buying a home.

Now I don’t think I could go 20 years without buying new clothes, but the root of this argument is still true.

$20 target t-shirt, or a $200 Lululemon? Hate to tell you but 99% of people can’t tell the difference. (spend that extra $180 on a gym membership so you can look good in anything)

Apple has many of their customers memorized into buying the “latest and greatest” device every year. Especially given new cell phone prices right now, purchasing a new one every 365 days is not a smart financial decision in my opinion.

I’m going on six years with my iPhone, but the battery is on its last leg at the moment.

The Worst

As always, there was no shortage of Twitter comedians in the comments. Here is a brief recap of a few of the ones that earned a chuckle.

This is borderline starving.

It’s tough out there right now…imagine only buying one lambo every year.

If you have ad free listening, you are rich.

No comment…

Conclusion

Quick post today. Maybe one of these sparked an idea of where you can potentially save a few extra bucks.

If you have a frugal habit to brag about shoot me a reply, I’d love to hear about it no matter how good or bad.

Later you frugal freak. ~ Cade

Chump Change Picks

Where You Should Put Your Money and When: Good post describing the order you should go in to improve your finances (with a dose of reality). Props to Nick Maggiulli for another banger.

The Bitcoin Halving: So as you might of heard Bitcoin is about to have its own version of a stock split. Here is a video breaking down “the halving” so you can sound like a crypto genius next time Bitcoin is brought up at work.

How To Analyze a Balance Sheet: Cool Twitter post with a one-page graphic on how to analyze a balance sheet.

Best Memes

*Not financial advice.

I mean…it’s up there.

Nothing in this email is intended to serve as financial advice. Do your own research. Thanks for reading, if you have any questions, comments, suggestions, etc. about the email don’t hesitate to send me a reply.