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Best of Frugal

10 Reasons Why I Prefer a Cheap Car

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Recently, I heard on the radio that auto loans are at an all-time high in the US, over $1.2 trillion. The average price of a new car is also very high at $37,500, according to Kelley Blue Book. Whoa, that’s a lot of money. I guess I shouldn’t be surprised, but it is disappointing to […] Read more

Is Saving Money Easier for Some People?

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Is saving money difficult for you? The average American family doesn’t save much. The US personal saving rate was 6.2% in September 2018. That’s not too bad by historical standards, but at this saving rate, FIRE (financial independence/retire early) is way out of reach. You need to save 30-50% of your income to achieve financial […] Read more

{ 70 comments } DIY make your own Kotatsu table

Brr… Winter is here. The overnight temperature plunged into the 30s a few times last week. This seems a bit early to me. Usually, it doesn’t get this cold in Portland until December. The weather is strange this year. It’s been a lot drier than usual. The crisp sunny days are incredible, but this also […] Read more

Can You Become A Millionaire?

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Recently, I saw a question on Twitter – Can anyone become a millionaire? My gut instinct said yes. I was sure anyone can become a millionaire if they just save and invest consistently. Inflation alone will make the millionaire status much easier to attain in 30 years. Everyone will make a lot more money so […] Read more

Should You Focus on Making More or Spending Less?

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What’s the secret to wealth? It really isn’t much of a secret. You just need to save and invest as much as you can. Your investment will compound and your net worth will grow over the long haul. Last year, our net worth grew nearly $350,000. That’s incredible because we made much less than that […] Read more

Why I Still Don’t Buy Overpriced Coffee

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It’s been a long while since I wrote about coffee so here is an update. In 2012, I was a financially independent millionaire and I refused to buy overpriced coffee. I didn’t need to because my old workplace offered free coffee as overtime pay for their overworked engineers. Great deal for the company! Now, I’m […] Read more

What Legacy Are You Leaving to Your Children?

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Are you planning to leave a legacy to your children? I haven’t thought of it that much because this is a deeply unpleasant subject. It ranks up there with long term care and life insurance. Nobody wants to think about what happens when you get old and die. Normally, I prefer to write about the […] Read more

How to Avoid Overspending this Holiday Season

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The holiday season is a source of stress for many of us. Did you know the rate of deadly heart attacks increase during the holidays? That’s strange, but I guess it’s understandable. Spending time with parents and the in-laws are stressful. However, let’s try to keep calm and not to have a heart attack over […] Read more

How We Keep Our Food Expenses Low

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Many people have asked, “How do you keep your food expenses so low?” That’s easy; we cook and eat most of our meals at home. We enjoy eating out, too, but we usually go out just a few times per month. In May, our grocery bill was $466. That’s about average for us in 2017 […] Read more

How Cheap Am I Really?

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Let’s have a little fun today. That last post about keeping track of your Roth IRA contributions was very important, but a little dry. Today, I’m going tell you about a few stressful money situations I had recently. Well, stressful is a little strong. The amount of money involve is pretty small in all cases […] Read more