Being rich isn’t about having fancy cars, a yacht, and a dozen vacation houses scattered around the globe. Being rich means managing your finances in such a way that you can live the type of life you want. And that means learning to manage your income, expenses, and investments well.
The ‘Frugal’ subreddit is a 3.8-million-member-strong online community that has been around for over 15 years. It is dedicated to frugal living and saving time, as well as money. We’ve collected some of their top pieces of advice to share with you. Scroll down to check them out.
Bored Panda got in touch with personal finance expert Rick Orford for his thoughts on budgeting, plus his advice for anyone who’s not sure what to invest in. You’ll find our full interview with the author of ‘The Financially Independent Millennial,’ about why even small savings and investments are important, below.
