unlike capital-gains investors, typically do not want to sell their investments because they want to keep collecting the regular income of cash flow. Frugality is important because controlling your spending reminds you there is more to life than consumerism. It forces you to be realistic and respect the boundaries and constraints of your current situation. It also protects you from risk since a cheaper lifestyle is easier to fund. One of the most important reasons to build your frugality muscles is to keep the goalposts from shifting. When the spending always rises to match the income level, you will never get ahead financially, but you will also never get ahead psychologically (Matthew, 2021) .
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