Another Reason to Be Frugal: 76% of Americans Are Living Paycheck-to-paycheck

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This article made it’s way around my Facebook feed today and I am pretty shocked. 76% of Americans do not have a fully funded emergency fund. I became convinced after reading Dave Ramsey’s The Total Money Makeover: A Proven Plan for Financial Fitness that having an emergency fund it crucial for financial well-being.

Dave has a saying,

“If you will live like no one else, later you can live like no one else.” I know that some of my friends think my frugal ways are a little weird but I don’t want to be in the 76%. I want to feel secure and not be afraid of what might happen to us financially if the unthinkable occurs.  Not having consumer debt helps me sleep better at night and that peace of mind is worth it’s weight in gold.

“You must gain control over your money or the lack of it will forever control you.” I think this is very spot-on and am committed to not letting our money control our lives. We may live like no one else but we are happy, secure, and don’t fight over money. I don’t think there’s anything weird about wanting those things 🙂


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