How Frugal Living Helps Entrepreneurship
If I had a dime for how many times I’ve heard, “I wish I could afford to have a home business”, I would be a rich woman.
Usually, it’s someone who has an idea in their head — a dream. But the dream is going to cost money. The programs she needs are going to cost money she doesn’t have — money that has to go to mundane things like groceries and diapers and a broken furnace.
Usually, it’s someone who has tried the businesses in a box which left her frustrated and unsuccessful at that, because of a different fire she has in her soul.
What Does Frugal Living Have to do with Home Business?
Did they fit into my niche of encouraging would be entrepreneurs? Did they fit into what I had decided was the purpose of this website and my business?
My passion was to showcase my design work (client work and personal projects I sell on sites like Zazzle), and help work from home creative entrepreneurs experience greater productivity (without neglecting relationships), and have easy-to-understand help and guidance for starting their home business.
Did I want to add Frugally Living back into that fray too?
Then I realized that it wasn’t business know-how that gave my home business the start it needed online. It was frugal living. Not just those first few books on frugal living, but saving money itself.
Without cutting a little more to get off to a start, I couldn’t have started a home business.
Frugal Living, Home Business, and slowly working Your Hustle
Since 2004, when our family of seven’s income was below the poverty line, I have been working different side hustles to add some dollars to the family budget. Despite all the frugal living and entrepreneurship endeavors on my end, it was hard to grow any hustle much at all because I couldn’t reinvest in my business as much as I wanted.
I have to remind myself though that the key is in the phrase, “as much as I wanted”, because living frugally, and making extra money on the side in different ways (and not just passion projects), allowed me to build my business up slowly to where I am now, which still isn’t as far as most people, but it’s amazing from my perspective.
Frugal living, in my case, helped me to not only save money for my family but to build a business.
Frugal Living Can Help You Start, However Small
The first website I had (not very good, not very successful, and stupendously ugly) cost me $20 a month for web hosting and $20 a year for the domain name. Where I’m at this moment, that’s small fry.
$20 a month was a huge stretch back then.
I looked for fresh places to cut back the budget to make room for that $20 to start my home business.
I reworked these two books/ebooks with updated information for 2018 and republished them again. If saving $20 a month can help someone get their foot in the door to start a successful home business, it’s worth it.
Instead of saying you can afford it, ask yourself what you need to do to afford it. And make it happen this year!
My Books and Ebooks on Frugal Living
So in case I piqued your interest in the books I’ve written about frugal living, I thought I’d mention them briefly at the end of this post. I know, shameless self promotion.
I really believe that these books (plus books by other authors) can help you if, like me, you are struggling to afford the basics to start your side hustle. Nothing worse than being too poor to do much about it.
The first of these books is Grocery Savings Survival Guide, which has 12 strategies I’ve used to save money at the grocery store while feeding our family of 7 back when we slipped near the poverty line. I don’t think I’d have been able to feed 5 teenagers at once without these strategies for saving money at the grocery store.
I also wouldn’t have been able to continue my education or buy the materials to start freelance designing for extra income. Those Adobe programs aren’t cheap.
Next up, I wrote Put your Budget on a Diet while our family was going through foreclosure after yet another pay cut (one of the low points in our lives). I realized saving money by cutting things we loved out was demoralizing and not something we could sustain for long. However, saving money in areas we didn’t feel it as much brought in bigger savings with less pain.
Curious? I’ll tell you all about it in this book.
The ebook versions of each of these are under $5 on Amazon, so check them out if you have an ereader. You can download the free Kindle app too if you don’t have an actual Kindle.