The one I follow is a champion frugalite. Jesus fed 5,000 with a handful of fish and a few loaves of bread. His clothing choices were simple and practical. Jesus is the ultimate maximizer of human resources. He changed the world using only twelve men most people in his time would have voted least likely to succeed. How did he do it? He mastered the art of teaching by example. Here are five ideas inspired by the one I follow. I call them Frugalnomics 101:
- Don't be a slave to debt. If you owe money, get out of debt fast.
- Pay as you go. If you can't afford to pay cash for a car, walk.
- Keep your diet simple. Fish is good. So are fruits and veggies. Avoid processed foods – they lead to expensive health care bills later in life.
- Buy your clothes at thrift stores. You can look like a million bucks for just a few bucks.
- Socialize with other frugalites. They can help you avoid temptations and give you pointers to help you with your financial goals.