I’m Frugal, So Why Am I Poor? Part 2

by Andy Hough on February 18, 2007

This is part of a three part series where I am examing why I am poor despite being frugal. In the first part I stated that the first reason is because I’ve never made much money. Today I’ll be examining the second reason for my being frugal but poor.

The second reason is because although I’ve been frugal in almost all areas I’ve had a couple of weak areas where I couldn’t control my spending.  My major weakness used to be gambling. It didn’t really matter how frugal I was because any extra money would be gambled away. I’ve had my gambling under control for a few years now. I still gamble occasionally but I don’t let it get out of control. It is much easier now that I no longer live in Las Vegas or work in the casino industry. The temptation to gamble is still with me though and I have to keep it in check or I know I could go back to my former ways.

My current weakness I’m not going to disclose. It is something I’m still struggling with and probably always will. I’ve kept it mostly in check this year but the temptation is still there. Unfortunately this temptation is one I can’t really move away from. I know I have to keep these weak areas under control or I’ll always be poor. This is another goal I am setting for myself. In the next part I will examine the final reason I’m frugal but poor.

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