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Frugal February

We have all heard of No Shave November, March Madness, and Breast Cancer Awareness Month. All amazing month-long events in their own rights.



We would like to introduce you to ‘Frugal February’. (As the shortest month of the year, February is the ideal choice for this challenge.)

The idea is simple:

See how much you can cut back on your spending for the next 28 days.

Here are some examples of Frugal February:

  • Dine in instead of dining out.
      • Another option would be to funnel the money you are saving from the items suggested above into your investments. “But what about Valentine’s Day?” Try cooking a romantic dinner at home! You can not only get more ‘beef’ for your buck, but you can control a lot more of the ambiance. Plus, you won’t be sitting shoulder to shoulder with strangers (not so romantic), you won’t have to fight for parking, and you won’t have to remember to make a reservation.
  • Reduce your monthly bills.
      • Another option would be to funnel the money you are saving from the items suggested above into your investments. Which subscriptions can you eliminate?
  • Cut services are you paying for that you could do yourself.
      • – Dog walking
      • – Housecleaner
      • – Landscaper
      • Grocery Delivery
  • Pick one thing to put on a 28-day spending freeze
      • – Eating out
      • – Coffee on the go
      • – Salon Services
  • Increasing your savings
      • Even if it’s nominal, putting a little extra away now will help replenish your rainy-day fund.
      • Another option would be to funnel the money you are saving from the items suggested above into your investments.

Before you decide, remember to only pick what will work for you. Don’t over commit. Ask yourself, what can you commit to for a mere 28 days? Who knows, maybe you will find that there are things you simply don’t need anymore, which means more money in your account.

If you need assistance with your finances and investments, please contact us today.


DISCLOSURE: Investment advisory services are offered through Gretchen Stangier, Inc. DBA Stangier Wealth Management (“Stangier Wealth Management”), an investment advisor registered with the U.S. Securities and Exchange Commission. Stangier Wealth Management only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided copies of the firm’s ADV Part 2A brochure and Part 3 documents.

DISCLAIMER: This website is for informational purposes only and does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or offer to sell securities or investment advisory services except, where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS OR ANY ‘LINKED’ WEBSITE.

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