As economic conditions change over the decades, so should the advice on what it means to be frugal. While baby boomers might have been able to purchase homes and put children through college on a single income, that is no longer a reality for most younger generations. Being frugal once may have been synonymous with making small spending habit changes but is that really true anymore?
To get a clearer picture of what frugal advice has aged poorly, I asked ChatGPT to help me take a deeper look. Here’s what it said, and what it recommended people do instead.
