Promote Wealth through Simple Living

Have you ever thought about simple living as a way to achieve financial freedom? It can be an important tool for wealth building. Living a simple life allows you to focus on things that are important to you – like frugal living and building wealth.

If you practice something other than voluntary simplicity, then your life is likely to be more chaotic, more complex and much more demanding on you. It takes time, effort and money to manage such a chaotic life.

Choosing to live simply gives you more time and energy to focus - and focus is very important.

I sometimes sit in awe listening to Jose Feliciano play the guitar and sing. He is phenomenal. There isn’t another one like him. Do you think he is so very accomplished because he performs as a hobby?

Don’t kid yourself. No one makes it to the top of the game as a hobbyist. All successful people focus on building skills and experience like no one else. Jose Feliciano made it his passion to be the best nylon string guitar player, and that is why he is so phenomenal – he stayed focused on being the best.

This technique of focus will work for you as well. First get comfortable with living simply so you can eliminate clutter and distractions from your life. Only then can you focus on accomplishing your financial goals by following your strategies.

Think of life’s complexities and distractions as “tar babies” to steer clear of. You won’t be able to win the financial race if you get caught up in them. Keep it simple and let others lead that exciting, hectic and costly lifestyle.

You only have so much time available to you. You can only be in one place at a time. Your brain can only hold so much information. If you don’t know your own limitations, you can end up stretching yourself too thin.

Simple living allows you to have better focus on your frugal living goals. Remember: focus, focus, focus – it works, it works, it works.

Done with Simple Living, take me back to Are You Frugal?

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.