http://earlyretirementextreme.com/2007/12/frugality-is-not-deprivation.html Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity Fri, 21 Nov 2008 21:55:53 +0000 http://wordpress.org/?v=2.6.3 http://earlyretirementextreme.com/2007/12/frugality-is-not-deprivation.html#comment-1041 Steve Austin Sun, 20 Apr 2008 19:34:37 +0000 http://earlyretirementextreme.com/2007/12/frugality-is-not-deprivation.html#comment-1041 Frugality may not be deprivation, but I contend that deprivation is -- in your terms -- a skill that contributes value to your intangible net worth. This is true even if you have an emergency from which you could draw in order to stave off deprivation. . Note that I wouldn't do this indefinitely when it comes to shelter, clothing, nutrition and fitness, but I also wouldn't immediately jump into my emergency fund were I to fall into a hard financial place. Frugality may not be deprivation, but I contend that deprivation is — in your terms — a skill that contributes value to your intangible net worth. This is true even if you have an emergency from which you could draw in order to stave off deprivation.
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Note that I wouldn’t do this indefinitely when it comes to shelter, clothing, nutrition and fitness, but I also wouldn’t immediately jump into my emergency fund were I to fall into a hard financial place.

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