SLIDESHOW: The 10 Frugal Commandments
Thou Shalt Never... Buy Things You Don't Need
Basic needs are food (including water), shelter and clothing plus the essentials needed to work so that you can provide those basics. That means that the TV (and virtually every other gadget in your house) is a want and not a need. Having the willpower to buy only those things that you really need (being frugal doesn't mean being stingy, but it does mean that any wants you do have are specifically saved and budgeted for as opposed to impulse purchases) is essential to getting the most out of frugality. Simply put, if you don't need it, don't buy it, no matter how good the price.