ExtremeFrugality.com

Penny Wise And Pound Foolish?

The meaning of this saying, penny wise and pound foolish, is simple. It describes somebody who will go far to save a few cents, while ignoring larger financial mistakes that can cost many dollars. It could also describe somebody who always buys the cheaper alternative, even when that is low quality, and then ends up paying more money in the long run.

Life Without Money!

When I first pictured an extremely frugal grandma, I visualized some sort of American Gothic farm woman out on the range. I figured she would be able to can her own peaches, raise chickens, and probably build a cabin.

However, the grandmother in Living Without Money is a trained psychotherapist in Germany. Her name is Heidemarie Schwermer, and she has given up almost everything she owns, and lived without spending money for 15 years. That’s right, her 0 spending period has lasted a decade and half. That makes our 0 spending challenge look puny!

Why Don’t People Have Family Budgets?

Got An Hour To Fix Your Family Budget?

The one tip that every legitimate source gives us for living more frugally is to establish a budget. Surprisingly, most families have no clear budget, and probably no idea how their money is really getting used. Does that sound familiar to you?

Our zero spending week challenge was very popular. So we decided to set up a one hour family budget challenge too!