The Living Frugally IQ Matrix provides you a step-by-step plan that will help you save money and live more frugally in order to build long-term wealth. The mind map delves into the frugal mindset; provides you with some guidelines for shopping frugally; breaks down how to save money on food and grocery purchases; and outlines how to frugally spend on luxuries.
Here is a quick breakdown of each branch of the Living Frugally IQ Matrix:
- Frugal Mindset: Delves into the mindset you must cultivate in order to spend less and live more frugally on a daily basis.
- Shopping Frugally: Provides you with a variety of guidelines that will help you save money on your weekly shopping excursions.
- Purchasing Food: Breaks down how to save money on food and grocery purchases.
- Spending on Luxuries: Outlines how to frugally manage the luxuries we tend to often indulge in throughout the year.
Stick with these principles, memorize and incorporate them into your personal financial strategy and you will progressively develop the frugal mindset you need to help you create long-term wealth and success.