How to Become a Badass Frugal Person

How to Become a Badass Frugal Person

It bears repeating, that being a frugal person DOES NOT necessarily mean sacrificing the joys and niceties in life.

It also bears repeating that being a frugal person DOES NOT mean being poor and short of money.

That said, becoming a BADASS frugal person is REALLY the way to go in this day and age, especially with the continued rising costs of gasoline, food, and other necessities.

Warren Buffett is Badass!

According to, Warren Buffett is the third richest person in the world, but:

  • 1) he is still quite frugal for a billionaire
  • 2) he has lived in the same house since 1958
  • 3) we don’t see him buying up all the things that the average person would buy if they HAD that kind of money (actually, he’s into buying companies, but that’s still more of an investment)

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett

Living Well, Within Your Means

Frugality means living well within your means, but what exactly does it mean to be a BADASS Frugal Person?

Granted, we all want to live a happy life that is free from debt and financial difficulties. We want to live a satisfying lifestyle, free to do the things we want to do, like travel and go on vacations.

Being a Badass Frugal Person simply means enjoying Life and in such a way as to overcome financial pitfalls, and at the same time invest and let your hard-earned money work FOR you!

Becoming a Badass Frugal Person

I don’t consider the following to be the “holy grail” of what constitutes a Frugal Person, but in my humble opinion these would include the basic criteria:

  1. Getting the best value for your money by taking advantage of special sales and discounts, and avoiding purchasing products at their retail value.
  2. Not wasting your hard earned money on frivolous spending habits and unnecessary purchases.
  3. Getting out of debt and staying out of debt, and not getting into bad habits like buying things on credit and spending money you don’t have.
  4. Putting money away into sound investments that will allow your money to “work for you” and grow, thus increasing your passive income potential.

Increase Your Earning Potential

The obvious rule is to increase one’s earning potential. And the only way to do that is to get the education and training needed in order to be a highly skilled worker and professional. Of course, this is an obvious goal and solution, but how many people actually implement this method in order to improve upon their earning potential?

For the young individual, it’s important to get a college degree and in many instances get an advanced degree like a Masters and/or PhD. And if the college route isn’t your forte, then learning a vocational trade or other non-degree training is essential.

The willingness to learn is extremely important, as is the motivation to do it.

Many folks think they aren’t good at earning money, when what they don’t know is how to use it.
Frank Howard Clark

That said, you could be making a pile of money, and at the same time are deep in debt and not spending your money wisely.

It’s important and essential to have money available at least for a “rainy day” or the occasional emergency. But, it’s even better to save your money and invest in ways that will help earn more money passively.

Passive Income Streams

Typically, solid companies having stocks that yield quarterly dividends are a good investment. Warren Buffett has believed in (and has succeeded in) value investing and investing in stocks for the long run.

If a business does well, the stock eventually follows.
Warren Buffett

And one of those ways is to let your hard-earned money work FOR you. I never understood this fully until later in my life, but better late than never, right?

The more money you set aside to work for you, in the form of sound financial investments, the more you will create additional income streams! It’s like pure wisdom, yet common sense, but how many of us actually implement this system into our lives?

Always invest for the long term.
Warren Buffett

The key is to invest in “sound investments”. There are too many ponzi schemes out there, and get rich quick investments that only leads to loss of money. Yet, having a basic savings account or even a CD account, won’t let you beat the cost of inflation or the cost of living.

I think it’s perfectly fine to invest in stocks, just like Warren Buffet has done, and sit on those stocks for years and let them grow and accumulate dividends.



Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and

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