In response to this recent post by Our Next Life, in which they discussed their reservations over using the term “frugal” to describe themselves and their situation, I commented, in part, with the following:
…I believe that frugality comes with many definitions from each individual or family’s point of view. Like you guys, we would probably not truly be considered frugal in a lot of areas of our finances. However, I still consider us to be relatively frugal because of the fact that, right now, we are shelling out well over 50+% of our income, paying off debt and eventually increasing our investment options once we reach debt freedom. We don’t scrimp and rarely tell ourselves no…it’s all about intentional living, thereby utilizing your finances to best further your own agenda and goals.
Upon further pondering about this subject, I came to the realization that, while I stand by my personal view and general definition of being frugal, we do not truly fit the ideal picture of frugality either. It’s a fact that we are, indeed, utilizing over 50% of our income to systematically destroy our current debt and have every intention of continuing to utilize the same (and more) for investments once the debt is gone; however, in most other realms of our finances, we’re not overly frugal. Rather, we more fit the bill of intentional living and mindful spending of our money on things that we find to be enjoyable and fulfilling of our goals and general happiness.
In recent weeks, I have found myself constantly thinking about our purchases, often thinking to myself…”well, that’s not really the frugal thing to be doing.” I find this to be rather stressful, a drain on my mental faculties, and a general waste of my valuable time.
Therefore, inspired by the above mentioned post and upon introspective reasoning, I have decided to forgo the idea of being “Frugal RN,” and am in the works of making a transition of this site over to a new primary web address. However, I will be keeping “frugaltravelnurse.com” active, as it will certainly fit-the-bill and come in useful in a few years when we hit the road and I begin working as a travel nurse.
However, from here on out, I will refer to myself as the…
“RN on Fire”
…as I believe it more closely aligns with the overall purpose of this blog, as well as our general life goals. Regardless of the path we blaze to get there, whether it be through frugality or simply more mindful spending, FIRE is our ultimate goal.
If we’ve already met and you’re following along with my family’s journey, thank you so much! It is an absolute pleasure to have the opportunity to get to know you and follow along with your journey, as well. If you’re visiting this site for the very first time, thank you and I really hope you will decide to join us by following along. I would love to hear from you and learn from you as we navigate this crazy experience we call life and make our way toward financial independence and early retirement.
I hope you all enjoy the new look of the site!
Your Humbled and Gracious Host,
– RN on Fire