Frugality is gaining ground in the next generation – read this article featured in the Financially Fit Section of Yahoo News.
After reading about the rise of student debt, it was refreshing to read about young people who are trying to be financially responsible in, at least, one part of their budget – their clothing.
It’s a step in the right direction. I must add that I am not against making any kind of purchases. Rather, in this economy, we’ve got to teach our children about the importance of living within your means, being thoughtful about that which to spend your hard-earned money.
Besides reading Marilyn’s and my posts ;), a book that I would recommend to the Millennial Generation is Simple Prosperity: Finding Real Wealth In a Sustainable Lifestyle by David Wann, co-author of the book, Affluenza.
Staying hopeful for a mindset of frugal sustainability in the citizens of tomorrow,