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SLIDESHOW: The 10 Frugal Commandments

Thou Shalt Never... Buy Things You Don't Need

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.

SLIDESHOW: The 10 Frugal Commandments

Thou Shalt... Look for AlternativesThou Shall... Be PatientThou Shall... Embrace the Do-It-Yourself MovementThou Shall... Ignore the JonesesThou Shall... Buy UsedThou Shall... Buy When You Have the MoneyThou Shall Not ... Pay Full Retail PriceThou Shalt Never... Buy Things You Don't NeedThou Shalt... Purchase for Value, Not PriceThou Shall Not... Waste
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