Saturday, 1 January 2011

Welcome to 2011

Dear Frugaldom Readers,

I'd like to take this opportunity to wish each and every one of you a successful year ahead and to congratulate all of you who succeeded in completing any of the previous challenges.

Frugaldom isn't about how much money you have coming into your household, it's more about what you do with that money and how it gets spent. Even those on the smallest of incomes can achieve rich lives but, similarly, even those with high earnings can find themselves on a downward spiral of debt. The Frugaldom forums are here to support anyone who has an interest in managing their own finances in a prudent and wise fashion. We don't mind if it's to clear debt, follow self-sufficiency or amass fortunes while building business empires, we are all frugal entrepreneurs, at heart, with the capacity to succeed.

It's not about how much you have, it's about how you spend it and every penny counts in the game of frugal living and working.

Frugal does not mean poor, nor does it refer to any form of meanness. Being frugal is having the ability to achieve financial freedom by living within your own means. It's about sensible money planning and about taking full control of your own future in a way that leaves you solvent.

Bearing all of the above in mine, I'd also like to remind everyone concerned that the most important factors in following the Frugaldom challenges are FUN, ACHIEVEMENT and FREEDOM to interact on a regular basis with likeminded others. We are all here for the same reason - an interest in money (or lack of it) and all that it encompasses.

Though the paths to success can be long and twisted, strewn with obstacles and pitfalls, the paths are always there. We just need to take that first step in the right direction.

From everyone here in Frugaldom, good luck, good budgeting and good living in 2011.

Thank you all for being a part of it.

NYK Media / Frugaldom

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