{"id":2892,"date":"2017-03-09T05:15:11","date_gmt":"2017-03-09T13:15:11","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=2892"},"modified":"2019-04-27T16:50:41","modified_gmt":"2019-04-27T23:50:41","slug":"100-words-on-why-frugality-has-its-limits","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id2892-100-words-on-why-frugality-has-its-limits.html","title":{"rendered":"100 Words On: Why Frugality Has Its Limits"},"content":{"rendered":"<p><a href=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2011\/04\/frugality.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-2898\" title=\"frugality\" src=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2011\/04\/frugality.jpg\" alt=\"\" width=\"524\" height=\"407\" srcset=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2011\/04\/frugality.jpg 478w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2011\/04\/frugality-300x232.jpg 300w\" sizes=\"auto, (max-width: 524px) 100vw, 524px\" \/><\/a>The main benefit of frugality and saving is they&#8217;re <a href=\"https:\/\/lenpenzo.com\/blog\/id3976-good-personal-finance-habits-everyone-should-follow-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">good habits<\/a> that lay a strong personal finance foundation. That being said, the frugal lifestyle definitely has its limits. Although scrimping and cutting corners can result in significant savings, at some point, it simply becomes impractical to cut anymore. Meanwhile, those trying to save their way to prosperity will sadly discover that it&#8217;s a painfully slow process.<\/p>\n<p><strong>The bottom line:<\/strong> Frugality has its merits to be sure, but for those looking to build wealth or get out of debt as fast as possible, increasing income is a much better strategy.<\/p>\n<p style=\"text-align: right;\"><span style=\"font-size: smaller;\">Photo Credit: coneslayer<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The main benefit of frugality and saving is they&#8217;re good habits that lay a strong personal finance foundation. That being said, the frugal lifestyle definitely has its limits. Although scrimping and cutting corners can result in significant savings, at some point, it simply becomes impractical to cut anymore. Meanwhile, those trying to save their way [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[480,466],"tags":[],"class_list":{"0":"post-2892","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-frugal-living","8":"category-saving","9":"pmpro-has-access","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>100 Words On: Why Frugality Has Its Limits<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lenpenzo.com\/blog\/id2892-100-words-on-why-frugality-has-its-limits.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"100 Words On: Why Frugality Has Its Limits\" \/>\n<meta property=\"og:description\" content=\"The main benefit of frugality and saving is they&#8217;re good habits that lay a strong personal finance foundation. That being said, the frugal lifestyle definitely has its limits. Although scrimping and cutting corners can result in significant savings, at some point, it simply becomes impractical to cut anymore. Meanwhile, those trying to save their way [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lenpenzo.com\/blog\/id2892-100-words-on-why-frugality-has-its-limits.html\" \/>\n<meta property=\"og:site_name\" content=\"Len Penzo dot Com\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/LenPenzo\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-09T13:15:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-27T23:50:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2013\/12\/frugality.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"478\" \/>\n\t<meta property=\"og:image:height\" content=\"371\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Len Penzo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LenPenzo\" \/>\n<meta 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