Choose to Afford - it's always a choice

People all around us choose to afford things. Largely, our purchases are made as choices, and rarely out of necessity.

We hear people say, "I can't afford this" or "I wouldn't be able to afford that." For the most part, it's just people talking.

Imagine your neighbor telling you about the hard economy times and the possibility of a layoff at work. All the while holding a beer and smoking. Imagine he tells you how difficult it is to make ends meet with the high price of this and that.

That "poor mouth" scenario isn’t so hard to imagine.

How many people do you know that indulge in luxuries like drinks and cigarettes and vacations, but tell you that they are having a hard time affording essentials? I have met plenty.

They must "get away" on vacation, but they're behind on their utility payments.

The truth is that people make choices about what they will or will not afford themselves. Rarely is anyone forced into a situation, through no fault of their own, where they have no choice in how they must spend their money.

Many of us sacrifice what we need for long term financial freedom to get what we want for short-lived pleasure. Again, it's what we choose to afford.

Financial advice from people who are making poor choices is worth just about what you pay for it - nothing. Remember to consider the source.

Most people make near-term choices as to what they are going to afford, and can’t see the long-term financial security they are giving up. Their idea of money management might not be well thought out, but they follow it anyway.

Likewise, don’t look at what others have and imagine, "If they can afford that, then I can too." They might choose to afford flashy stuff, but could be having financial turmoil behind closed doors. If only you knew their entire financial picture, you might not look upon them with such envy, and you certainly wouldn’t look to them for financial advice.

I knew a millionaire once that drove an old International pickup truck. It was hand painted. He looked like a man on a budget that didn’t have two dimes to rub together, and that was exactly why he was wealthy. He made choices not to waste money on a new vehicle, and many other things – instead he bought land and buildings as investments.

His thrifty living paid off very nicely. He would be a much better source of financial advice than your average person.

Again, consider the source.

Done with Choose to Afford, back to Mindset of Frugality

There certainly is a broad scope of topics here at Frugal Living Freedom. When you think about it, money permeates so very many activities in our lives, therefore, being frugal encompasses a wide range of interests, from being employed to taking a vacation, and just about everything in between. Enjoy the variety, pick up some new ideas, and start making frugality a part of your signature.

I'm a big proponent of being debt-free, and I mean entirely debt-free - no mortgage payment. It's not essential for financial freedom, but you'll love the feeling once you get there. If you didn't have a rent or mortgage payment, how much more could you do for yourself with your current level of income? I suspect plenty.

If you ever hope to see an abundance of wealth, you need to plug the hole in your boat. The wealthy don't necessarily make lots of money, instead, they know how to hang onto what they make, and make it work for them.