Personal Finance
The Difference between Frugal by Circumstances and Frugal by Choice
By Investment Moats  •  May 28, 2017
2 years ago, My colleague shifted to another team, and he got to know a new colleague of his. The first thing he noticed during a few lunch sessions with this new colleague is that this colleague picks food that were well-priced. It looks like this gentlemen is quite the value eater. He eats simply and the more my colleague got to know him, the more he realize what a frugal lifestyle this gentleman have. After a few months, they got to know each other better. Then more was revealed. Turns out, this gentleman wasn’t feeling all so satisfied about his situation. To others, living this way seem to be a very responsible way to live. Who can fault someone for not anyhow spending his or her money? Yet, the reason that he has to selectively pick his food was this: When he started work not too long ago, he ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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