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9 Works 260 Membros 26 Reviews

About the Author

Curis Farrell is senior economics contributor at Marketplace, American Public Media's nationally syndicated public radio programs on business and economics. He is the economics commentator for Minnesota Public Radio. An award-winning journalist Chris is a columnist for Next Avenue and the Star mostrar mais Tribune. He is also the author of the New Frugality and lives in St. Paul, Minnesota. mostrar menos

Obras de Chris Farrell

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Conhecimento Comum

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male

Membros

Resenhas

The New Frugality Lessons and Key Takeaways

1. “An emergency savings fund covering twelve months or more of expenses.” Have savings that can carry you through the difficult times by putting a lot of money in savings and watch it compound and grow.
2. “Spending less than you earn.” Spending a certain amount of money during the month is good as long as you are saving as well. Only spend less than what is required.
3. Earn a college diploma and keep your employment and save the amount in what you were paying in school fees.
4. Pay off your credit cards in full and save ten percent of whatever you paid off.
5. “Go for quality, not quantity.” Take care of your possessions. They matter.
6. Thrift- the quality of using money and other resources carefully and not wastefully. Use money smartly and sparingly and for a specific reason. Or else do not use it. Period.
7. “The second Vice is Lying; the first is Running into Debt,”- Benjamin Franklin. Do not get into debt. Debt is a liability. Debt is on the right. Debt means you are going to go bankrupt. Debt means bad credit. Debt means not being a role model. Debt means living above your wages. Debt means not being mindful with your money, your time, or your extracurricular activities.

Biggest Takeaway

Debt is a liability. Don’t be a liability to anyone. They will run.

Quote in Summary

“Be an asset to someone by managing your life as if frugality were King. Frugality in money. Mindfulness in speech. Careful with your time and resources.”
… (mais)
 
Marcado
Kaianna.Isaure | outras 23 resenhas | Dec 12, 2022 |
Nothing new if you're already a saver. Good for the newly frugal or the wannabe frugal.
 
Marcado
Reyesk9 | outras 23 resenhas | Sep 23, 2019 |
Esta resenha foi escrita no âmbito dos Primeiros Resenhistas do LibraryThing.
Timely book on a touchy subject, this volume will change the way you see consumption and need. What if less was good? Based on experience and useful tips, this book is an easy read on a not-so-easy but much needed subject.
 
Marcado
timacor | outras 23 resenhas | Jan 10, 2017 |
The New Fru­gal­ity: How to Con­sume Less, Save More, and Live Bet­ter by Chris Far­rell is a non-fiction book about per­sonal finance. The author is an eco­nom­ics con­trib­u­tor on radio shows and write columns on the subject.

I was excited to start read­ing The New Fru­gal­ity: How to Con­sume Less, Save More, and Live Bet­ter by Chris Far­rell since the intro­duc­tion sounded great. The book cov­ers sev­eral aspects of per­sona finance such as debts, invest­ments, retire­ment and more.

I con­sider myself a fru­gal per­son, not cheap or being a miser. For exam­ple, a few months ago, right before Black Fri­day, our dish­washer broke. We have home owner's insur­ance so we pay a small sum to fix appli­ances, instead of pay­ing to fix a 15 — 20 year old machine, we spent a bit more to buy a new one on a spe­cial sale.

The book does not give much, or any, new infor­ma­tion to some­one who is fru­gal or read other per­sonal finance book. The advice is mostly con­ser­v­a­tive and sensible.Avoid excess, bud­get, don't take on too much, or any, debt and, of course, live within your means.

Any­one inter­ested in per­sonal finance, tight­en­ing up the bud­get, being fru­gal or just for moti­va­tion to keep sav­ing and liv­ing within your means would find this book inter­est­ing. Being fru­gal will make your life bet­ter, I believe that and so does the author.

For more reviews and bookish posts please visit http://www.ManOfLaBook.com
… (mais)
 
Marcado
ZoharLaor | outras 23 resenhas | Feb 21, 2016 |

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Estatísticas

Obras
9
Membros
260
Popularidade
#88,386
Avaliação
½ 3.5
Resenhas
26
ISBNs
23

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