There really are two aspects to enabling growth. Stop doing what you shouldn’t, and start doing what you should. It would be counterproductive to only do one or the other. Pursuing frugality should lead us to “backfill the hole”, but also produce a level of wealth and autonomy that puts us in the driver’s seat.

Being free and clear puts us in a better position to say 'yes' when presented with the right opportunity. Having a choice is freeing!

Read the transcript for Benjamin Franklin's 13 Virtues - Frugality

Sign up for the Wisdom in All Things email