060 - Are These 5 Frugality Misconceptions Preventing You From Having This Wealthy Trait

If you find yourself wondering why some people successful with their money and why others struggle, today's episode is for you. It’s a well-known fact that those who set up and stick to a budget hit their financial targets. These people have a major thing in common. It’s frugality. Which is probably not what you think. So many people have misconceptions of what being frugal really means.It's not depriving yourself from things you enjoy, but instead being intentional and spending on things you value most. Adopting a frugal mindset will help you on your financial freedom journey, so let's clarify some things.Questions? Email Tim at [email protected] Want FREE weekly market updates, Tim's top 10 dividend picks, and our portfolio updates delivered right to your inbox? Subscribe to our email list. Stay connected. Follow us on social! **DISCLAIMER**Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here. Episode music was created using Loudly.