Ten Great Reasons to Have Frugal Friends

frugal laundry

Alcoholics Anonymous, Weight Watchers, local faith communities, service organizations, and even mommy groups all acknowledge the power of positive peer pressure. When you want to accomplish a goal or live your life a certain way, it is a bit easier when you meet with others working toward the same end.

Whether or not you consider yourself a “joiner,” positive peer pressure can help you in finances just as well as in other areas of your life. Even if you never join a formal organization, it’s important to have at least one or two frugal friends. Here are ten ways they can help you:

Encouragement: When you postpone buying something you want to add to your savings, it do


[Continue Reading at SavingAdvice.com]

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7 Responses to Ten Great Reasons to Have Frugal Friends

  1. Harrison says:

    Inside information is the biggest reason why I like my frugal friends. They simply can save me a lot of time to look for the best deal around me. They will do all the research for me. 😉

  2. Caoineag says:

    Got to say, I didn’t realize how important this was until I made the acquaintance of a spendthrift. Youch, does that hurt the budget.

  3. fathersez says:

    I agree.

    The advantages are just mind boggling.

    In fact, I consider this forming a “community of like minded friends” the most important PF thing my daughters should do now.

    I still have not figured out how yet….sigh!

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  6. Tim Somero says:

    Thanks for finding my photo! My uncle laughed when I posted it and he’ll love that you’re using it for the story.

    I wonder, is there any chance that you could link directly to my photo?

    If possible, thank you!

    Tim Somero

  7. pfadvice says:

    Change made to direct photo link as requested. Thanks for sharing the great photo!

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