Be frugal with your time

Frugality is about saving money.

Time is money. So if you can save time by spending money it might actually help you in the long run.

For example, I’m a younger guy (23 years old). I’m taking advantage of my youth and vigor to work a shit load of hours and save for my future.

So I usually work 60 - 70 hours a week. Working more means I can’t do things like cook during the weekdays.

I’m also starting a powerwashing business this summer for weekend work. So meal prep is off the table.

So for me, it makes sense to get takeout. I need sleep and rest to stay sane, and saving $15-20 a day just isn’t worth losing even more time on my weekends.

This summer I’ll be working 80 hours a week. My income will skyrocket as I’ll be able to pull in an extra $500-800 a weekend. Not all of that will be net. But the principle stands.

By eating out I am saving my time. And then by turning around and re-allocating that 4-5 hours of meal prep and dishes and groceries, I can net $150-300 more a week for my time.

Sometimes spending money to save time is completely worth it. Frugality isn’t always about lowering your bottom line.