The paradox of thrift – what if everyone became more frugal?

Having recently watched the Playing with FIRE documentary and contemplating the increased media attention around the Financial Independence movement, I started asking myself – What if this idea really took off? What if a lot of people embraced a more frugal lifestyle? What if everyone started saving more and Financial Independence became mainstream? What if a large percentage of the working age population didn’t need to work?

This is probably nothing more than a fun thought experiment, given the unfortunately high level of financial illiteracy, societal pressure to keep up with Joneses and the rampant consumerism now embedded deeply in our social conscious.

But what if…..

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Appreciating the good life at Thanksgiving

As an expat living in the United States, we’ve been privileged to be exposed to the American tradition of Thanksgiving for a couple of years now. While we haven’t embraced the national Turkey obsession, it is a fantastic time of year to spend time with family and reflect on the many things we have to be grateful for.

It is also a time of year when there is lots of temptation. The sales are already in full effect and Black Friday promotions seem to come earlier and earlier in the year. During the spending frenzy happening around you, remember that the best things in life aren’t things!

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