This is our first excerpt in a series, taken from our book, Frugal Luxuries (Bantam, 1997).
"The good old rule....the simple map."

Just as choosing random articles of clothing in the morning may result in a jarring clash of colors and patterns, random spending can result in a chaotic financial situation that will leave you feeling disempowered and out of control. To live your financial life on instinct alone could cost you more than money--it could rob you of the future you've always dreamed of.
If you do not currently follow a budget, now is an excellent time to establish one. If you already map your money, perhaps you’ll want to reexamine your spending patterns, priorities, and goals and adjust your map accordingly.

A money map should answer the following questions:

How much income do you bring home?
How much money do you spend each month?
How much money do you need for basic monthly living expenses?
How much money will you have after basic expenses are met?
In what way should you use the remainder?

There are also three important questions that you must ask and answer:

Am I spending less than I earn?
If so, am I reducing or eliminating debt, and saving or investing the remainder?
If not, what can I do to reduce my monthly spending in order to spend less than I earn?

The original "FRUGAL LUXURIES" ~ Based on the books by Tracey McBride ~ Established 1993

A warm Thank You to all kind souls and kindred spirits who generously take the time to leave a comment...your encouragement, trust and support are deeply appreciated...please know that we read each and every message and will respond as time allows.


Frugal Luxuries
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"FRUGAL LUXURIES: Simple Pleasures to Enhance Your Life and Comfort Your Soul" was written by Tracey McBride and published by Bantam Books, NY, in 1997. It was the first of its genre to synergize the elements of simplicity, frugality and gracious living.

After more than a decade, FRUGAL LUXURIES has never been out of print and is now more relevant than ever.

"It's our hope that a new generation, faced with a teetering economy, will also find this information helpful and enlightening."

Sending Good Thought to Our Special Band of Kind and Kindred Souls!

Frugal Luxuries Book I

Frugal Luxuries by the Seasons Book II

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