I appreciate this post and agree that the EA community should emphasize frugality more.
For many people, the money saved through frugality (net your donations to effective charities) should be invested to maximize long-term impact. I am a big fan of the Financial Independence (FI) community which offers excellent resources on investing, frugality, and values-based living. I’ve found Rebecca Herbst’s work at Yield & Spread valuable, as she specifically bridges EA and FI principles.
Ah, thanks for sharing that! She appears to put pretty much everything she has to say behind a paywall, but hopefully, someday there will be a more accessible resource with a similar goal to hers! I’d also recommend checking out the book Early Retirement Extreme. It’s, in my view, a foundational text for frugality.
I appreciate this post and agree that the EA community should emphasize frugality more.
For many people, the money saved through frugality (net your donations to effective charities) should be invested to maximize long-term impact. I am a big fan of the Financial Independence (FI) community which offers excellent resources on investing, frugality, and values-based living. I’ve found Rebecca Herbst’s work at Yield & Spread valuable, as she specifically bridges EA and FI principles.
Ah, thanks for sharing that! She appears to put pretty much everything she has to say behind a paywall, but hopefully, someday there will be a more accessible resource with a similar goal to hers! I’d also recommend checking out the book Early Retirement Extreme. It’s, in my view, a foundational text for frugality.