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Shatter Your Definition Of Success

By Frugaling 9 Comments

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McMansions

Tell me about successful people and you might be inclined to rattle off resumes. Perhaps these people work hard and make sizable sums of money. Maybe they are moving into multiple-thousand square foot homes with ample room. They could even have the prestigious title of doctor or chief executive.

In our highly individualistic society that hails “hard work” and “grit” and “responsibility” and “choice,” we learn early on what success looks like. Different cultures have variations of vocational prestigiousness, but many share in the desire to own land, property, and make more money than most. To be accomplished, one must follow this tattered path.

The ability to captivate through material possessions and titles is dangerous. Real success and accomplishment seems lost amidst this cavalcade of crap. Worse, these measures of success are not afforded to everyone. Minorities and those from disenfranchised backgrounds are not offered the same opportunities to “succeed” in these traditional ways. For example, faculty at institutions of higher learning are overwhelmingly white men, and that’s a problem for everyone.

Our ideas and definitions of success are decrepit. We need new measures, and we’re long overdue. If success cannot be afforded with greater equality, why do we continue to allow these narrow ideas to continue? What exactly are we doing with these antiquated ideals? Why do we trumpet individual achievement that only goes to consume and perpetuate inequities?

Society benefits in the propagation of materialism and consumption. And current measures of success conveniently fit this modality. Buy the home, buy a bigger one. Buy the car, buy a more luxurious one.

We need better, less financially dependent measures of successes. Education is out of reach for many. Material possessions are tired and tried methods of achievement. Income disparities are nearing Gilded Age levels again. Larger homes consume more fossil fuels to heat and cool. Luxury vehicles tend to burn through gasoline. And prestigious titles seem reserved for those born and ascribed status.

Just because “success” works for capitalism doesn’t mean it works for the collective. Let’s craft something a little different. Perhaps we can live in a world that defines success flexibly. Perhaps we can see success in the helping hand, time, and dollar given to anyone/someone in need. Perhaps we can see success in the mother that raises children who respect the planet and find ways to help others. Perhaps we need to break out from formal strictures that rule over our lives, and consider that consumption cannot equal achievement.

Disbanding this present thinking provides for a future with hope for the masses. Achievements needn’t be through prescribed methods and lists of prestigious professions. We need a world with janitors, plumbers, assistant to the assistant managers, and everything in between. We need a world where someone making $35,000 per year, retiring with little, but helping find foster homes for children is seen as a hero (and heck, would it hurt to pay that person a little more?).

Humans are incredibly creative; yet, we have allowed these to persist. We are flawed, but have great potential. It’s time to shed archaic messages. They were convenient for marketers, but harbored horrific messages to those who couldn’t meet the prescribed rules.

How would you define success? Who are your role models? What do you think about income, vocation, and education as measures of success?

Filed Under: Social Justice Tagged With: achievement, Career, Gilded Age, Income, Income Inequality, jobs, rich, Success, vocation, Wealth

How Do Relationships Influence Frugality?

By Frugaling 9 Comments

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Relationship Week - Photo Dennis Hill Flickr

I want to spend this week talking about relationships. Why? Well, because money and relationships often go hand in hand, whether we like it or not. Income, wealth, and spending issues are one of the most common concerns for partners.

When I founded Frugaling, I was in a relationship and felt this pressure — internal and external — to change my habits and reduce my spending. What happened next still feels like a dream. In thinking about that process of becoming more financially solvent, I decided to write a little article for one of my favorite personal finance websites, Frugalwoods.com.

Today, you’ll find my thoughts on being single, staying frugal, and thinking about whether a relationship is right for me… financially. Then, on Wednesday, the author of that site will be publishing her own article here on Frugaling! She’ll share her thoughts on love, relationships, and the ability to be even more frugal when married.

The two of us come from different backgrounds, genders, demographics, and are in opposite sides of the relationship coin. Despite these differences, we both came to frugal living. I can’t wait to hear from you all about your journey and how relationships help/hinder your ability to save!

Filed Under: Save Money Tagged With: dating, Frugal, frugality, Frugalwoods, Income, living, money, relationships, saving, spending, Wealth

Be Your Own Brand Ambassador, Not Someone Else’s

By Frugaling 13 Comments

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Buy things you don't need with money you don't have to impress

Please don’t make me wear the banana costume

My first job was for a smoothie company. I worked that summer selling overpriced juices of all sorts. One day they asked me to put on the infamous banana costume. I could immediately feel my face redden with embarrassment. I dreaded the outfit, and couldn’t understand why the company dressed employees like this and traipsed them out into the blazing summer heat to give away samples.

I was a lowly employee and only 16-years-old. I pretended to embrace the outfit and marched out the doors. I walked along the sidewalk, as passersby laughed and mocked me. It was the height of my acne days, too. My was face reddened and cracked from medications. The banana outfit framed my puberty perfectly. Then, a friend from high school strolled on by and took a picture of me. I was mortified.

A logo was emblazoned onto the banana costume, along with the polo shirt I wore underneath. The smoothie company owned space on my body, and I hated it.

Brand ambassador programs pay you to promote

When I entered college, I noticed numerous job opportunities to become a “brand ambassador.” These positions afforded students a little spending money to promote companies on campus. Marketing realized a simple idea: peers sell product better than television and Internet ads. If you can buy the peers, you have explosive earnings potential.

Both Amazon and Apple, for example, have brand ambassador programs. Oftentimes, their students are required to hold campus events, meet with administrators, and directly appeal to students on campus. They’re are expected to wear merchandise to represent the brand, use the hardware, and promote the products every chance they get.

These people get paid to use and advertise products they would already love! Then, companies benefit from greater revenue and influence on campus. It’s a win-win for companies and ambassadors.

Many of us market for free

Most of us are brand ambassadors for free; in fact, we pay companies to advertise for them. The bitten Apple logo beams brightly throughout many classrooms these days. It cost me thousands of dollars for the pleasure to share that brand.

People casually display their affinity, and few notice what they’re doing. Sperry Topsiders are paired with Ralph Lauren shorts and a Lacoste polo shirt. It’s easily a $300 look that feels like a walking billboard for spendthrift teens and college students.

iPhones are close at hand, and the iconic white headphones are jammed into ear canals. The world is dampened, but our senses are constantly exposed to others’ purchases. Ugg boots used to be everywhere — they’ve been replaced by Hunter rain boots. Both have well-positioned logos at the heel. Anybody walking behind them could see what they should buy next.

In wealthier places — whether college campuses or metropolitan areas — products are meant to be aspirational. Companies work tirelessly to frame their wares as synonymous with success. To wear and promote a brand is meant to be special — only afforded to the few.

Diesel, Armani Exchange, Coach, Gucci, and countless others are made “cool” by a society that accepts and loves brand ambassadorship. We just can’t help it! We’ve been socialized to appreciate the “unique” — logos just help us buy them faster.

Shed the logos and brands

I don’t want to be a walking billboard anymore. I don’t want people to ask me what brand I’m wearing. I don’t want people to be inspired by what I wear, and buy similar. Strangely enough, I’m also wired to feel flattered by their interest. Quite a conundrum.

Over the last couple years, I cleared out my closet of many aspirational and brand name clothing with gigantic logos. I don’t want to be someone else’s brand ambassador — especially without a regular paycheck. I want to be my own brand ambassador.

I want you to get to know me — the person within the clothes. I want you to meet me, not a terrifyingly large logo of a horse carrying a polo stick. More importantly, I want to see who you are. So, cover up the logos, rid your closet of excess brand stamps, and find your own look.

Filed Under: Minimalism, Save Money Tagged With: Amazon, ambassador, Apple, brands, buying, Consumerism, iPhones, logos, Wealth

Frugal Articles of the Week

By Frugaling Leave a Comment

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Reading Nook Photo

Every week I like to feature a few frugal articles that caught my eyes. Curl up in your favorite reading nook and enjoy. Hopefully these encourage you to live frugal lives!

The Keurig K-Cup’s inventor says he feels bad that he made it — here’s why by Drake Baer
Mmm… The smell and sound of a fresh pot of coffee brewing is the perfect way to start a day. For many, saving time during their morning routine is important. Years ago, an inventor thought of an ingenious way to make coffee faster, with greater variation, and in seconds. Unfortunately, that invention, the Keurig K-Cup, creates scary amounts of waste — all for about one cup of coffee per pod. What’s worse, the company charges atmospheric prices for the coffee and tries to prevent people from using their own cups with the product.

The slow death of the home-cooked meal by Roberto Ferdman
A frightening decline in home-cooked meals is occurring. Americans are eating out more, buying pre-packaged foods, and eschewing the frugal homemade items for something more. But that something more has a price. This is a trend we need to think about working on immediately. Eating out costs a fortune and many people can’t afford to do it — even if their bank accounts have enough cash.

How To Make Six Figures A Year And Still Not Feel Rich – $200,000 Income Edition by Sam from Financial Samurai
Today, I wanted to include an article that I don’t necessarily agree with. This article from the awesome writer of Financial Samurai analyzes what it means to be “rich.” Fundamentally, he asks, what does $200,000 a year get you and would you feel rich? While I disagree with his conclusions, I think this article illustrates the wide divide between wealth in this country. When someone can afford $8,000 a year in vacations and doesn’t feel rich, there’s likely an internal, psychological mechanism that’s askew.

France wants companies to make appliances that last longer by Associated Press/WashPo
What a novel approach! France is lobbying companies to make products that last longer. Simple, right? Well, companies rely on products expiring in regular intervals to allow for new products, consumption, and spending. This phenomenon is called “planned obsolescence.” We are consuming too much, as a country, people, and world. We need to cut back. One way is to build and buy products that will stand the test of time.

Filed Under: Save Money Tagged With: articles, Consumption, Food, Frugal, home, meal, money, rich, Save Money, Wealth, week

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