Weekend Reading: Why Frugality is The Root of Riches
This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend Reading
Marcus Tullius Cicero, an influential figure in ancient Rome, is one of the most well-known Roman philosophers. Despite being born into wealth, he practiced frugality throughout his life and applied it even during his governorship of the Roman province of Cilicia, gaining popularity among the locals.
Frugality, as advocated by Cicero, is seen as a means to cultivate virtues and lead a fulfilling life, allowing individuals to focus on meaningful pursuits rather than material possessions. By nurturing the mind and living simply, he argued that we can achieve richness in life beyond material wealth.
Overall, Cicero’s philosophy of frugality emphasizes the importance of living a balanced and meaningful life, focusing on personal growth and virtue rather than material accumulation. In contrast, our current society shows many people living as penny pinchers or spending lavishly.
READ THE ARTICLEKey Takeaways:
📌 Frugality isn’t the fear of spending money.
📌 Seek balance and intentionality in your relationship with money.