Trying to go on the frugal mode
@id_peace (17036)
Singapore
March 7, 2020 11:41pm CST
Due to the Corona Virus, I am currently working from home. It is just me working alone in the day time.
The house was quiet so I have to on my youtube to ensure that there are some sounds in the house.
I decided to spend sometime educating myself. From one way leading to another, I ended up on a channel about frugal millionaire. I realized that I had been living my life the wrong way. I had been spending my earning the way I should not have.
I need to change and I am adopting myself for the change. I had been starting to brew my own coffee, cook my own meal as much as possible and also reducing the amount of grab that I would be taking as well.
So what will I be doing with the money? Since I already have at least 3 months of saving in case of emergency. I will likely to expand the saving to another 3 months eventually as well as to use the rest of the money for investment.
What about you? Are you having emergency funding? How many months can you go without a job?
9 people like this
9 responses
@id_peace (17036)
• Singapore
8 Mar 20
Yes we have hawker which provide reasonable price food but I can bring it down further and I am trying to cook as well which can be done since I am currently working from home.
It can be even cheaper since I can get fishes way below costs which must be consumed on the day of purchase.
2 people like this
@JudyEv (382240)
• Rockingham, Australia
8 Mar 20
@id_peace In that case, cooking your own food is one area where you can save quite a bit although we found that food was very cheap in Singapore and a great many people don't seem to cook their own food but buy it. In my area, it would be very expensive to eat out all the time.
2 people like this
@ptrikha_2 (49766)
• India
9 Mar 20
Even I have been having financial issues. While I am trying to mend things, some things do take time.
Do try and see how changes in various approaches help you.
Have a great week ahead.
1 person likes this
@Alexandoy (65302)
• Cainta, Philippines
8 Mar 20
It seems like you are very prepared for a long haul of quarantine. Enjoy your home for now.
2 people like this
@Alexandoy (65302)
• Cainta, Philippines
8 Mar 20
@id_peace we always have enough food supply in our food cabinet that can last maybe for 2 weeks or longer. That would be enough for now.
2 people like this
@Metsrock69 (3617)
• United States
8 Mar 20
Good idea to work from home in this day and age
2 people like this
@Metsrock69 (3617)
• United States
8 Mar 20
@id_peace it should be a tax write off
1 person likes this
@pumpkinjam (8876)
• United Kingdom
9 Mar 20
I have savings that I intend to use but it is there should I need it in an emergency. I don't have enough to savings to be able to live on it, though. I'm already frugal (I make my own meals, don't buy takeaway drinks often, and try to save where I can). My savings wouldn't even pay a month's rent. I'm working on trying to save more but that's going to be difficult until I earn more!
