Frugal Isn’t Cheap Book Review – Spend Less, Save More, and Live Better!
I was given the opportunity to read a book about being frugal. Now, I am not one that is always frugal, but I do like a book that will keep me entertained. That is truly the only way I like to read. Luckily for me, the book that I received was called Frugal Isn’t Cheap: Spend Less, Save More, and Live BETTER, from Clare Levison. She is a CPA with a sense of humor and I like her style of writing. Since Debt Roundup is dedicated to helping people fight debt and grow wealth, this book should be put on your reading list.
I wrote before about how I was called frugal and got offended. Now, the reason why this happened was because my friend was using cheap and frugal interchangeably. I am glad I was able to read Clare’s book. Hell, it is in the title. Frugal ISN’T Cheap!
In her book, Clare breaks down her life experiences and how they relate back to finances. She includes 11 chapters talking about everything financial from living well on less, your mindset, getting out of debt, saving money, investing, earning income, and achieving financial success. I am a fan of all of these topics, but Clare provides more.
Within each chapter, she opens each with a personal story. I love personal stories because they provide the best lessons. Whether you learn from those lessons is up to you, but they important none-the-less. One of my favorite lessons that Clare shared in the book was about creating income.
Don’t Put All Your Eggs In One Basket
You will get the title in a minute. In the chapter dedicated to earning income, Clare shared a story about her chicken farming days. Clare and her family purchased an old farmhouse and once they moved in, she started dreaming of owning chickens. What is better than getting your own fresh eggs? Well, after Clare bought some chicks, they started growing and laying eggs, a lot of them. Being a CPA, she thought of all of the eggs as an opportunity to make some extra money. She sold her eggs to the local supermarket and to her neighbors. What an awesome way to earn cash. Well, that dream faded once she realized that chickens are a lot of work. They eat, poop, scratch, and lay eggs. It is not glamorous.
She quickly learned that chickens were no longer for her. Earning income should not be so hard. She earned very little and did a lot of work, or least her husband did! The point of the story was to show that you need to have a way to earn a livable income. You can then work on earning more, by side hustling. If you are in a career where you can’t earn enough money, you need to change your situation. There are not always opportunities to turn your hobbies into actual income. You need to understand the difference between a hobby and a job.
Who Is This For?
Who would benefit the most from Frugal Isn’t Cheap? Well, I can say that really anyone looking to better themselves and their financial lives. There are so many personal experiences in this book that you get a glimpse into Clare’s life. She is honest and tells it like it is. I know someone that does just that! Those that are really good with their finances might not benefit from this book, but anyone in debt or wanting to learn more about how to achieve financial success, then this book could be very beneficial.
Though I think I have my finances in order (now), I never want to get complacent. Just getting a nice refresher is a good thing and I am glad I got to read this book. I want to thank Clare for putting all of her thoughts together in a clear and concise way. I also want to thank her for allowing us to learn more about her via her personal stories. It can be hard for some to relate to book authors, but by the end, you feel like you know her.
Have you read this book? If so, what did you think of it? If not, would you read it?