This post is contributed by Jacquelyn Sarah Wong, the co-author of The Secrets to Writing an Ebook in Three Easy Steps. Christmas is coming and I have yet to finish my shopping for presents and all things related to the festive occasion. With the current economic situation, shopping is certainly not a priority and the least important compared to the monthly bills to pay. In the previous years, I have been known to be frugal with my spending relating to the Christmas season. This year I have decided to be even ...

I bet that you have an income if you are reading my blog regularly. Your money comes in regularly as long as you are earning money actively, or investing and getting money passively. That's called inflow of money. As many other people on planet earth in this capitalism world, we pay for something regularly in our life. Which one is your priority? Your credit card debt? Your mortgage? Your car loan? Your parents? Your children? Your meal? Your insurance premium? Your astro bill? Your electricity bill? Your phone bill? .................. The list goes on and ...

Today, I am going to tell you a success story about a frugal family. If everyone learn to manage cash flow like they do, there will be no financial problem in Malaysia. You will learn about the story from our emails. Name has been altered for confidentiality. This is the conversation via email from Ann. My reply is in italic. Hi KC, My husband and I will be 39 and 40 years old respectively this year. We would like an outsider to view our financial situation as time is running out till our retirement. ...

Being frugal means different things to different people. Personally, it means being careful in the use of material resources and of course money. So it is also synonymous with being economical, prudent and thrifty. On the negative side, other people may see it as being stingy, cheap and miserly. Well, money or material things carry different weights for different people. Some prefer to keep money while others prefer to keep material things. This article will look at the positive side of being frugal. My family chose to live frugally and it ...