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Being frugal is for the rich

Before the Frugalwoods, there was Broke Millennial, a self-described “financially independent” New Yorker whose parents covered half of her college tuition and began teaching her about building capital when she was seven years old. Following the 2008 recession, a new kind of self-help guru — the Millennial frugality expert — emerged from the rubble. Many of the modern rich are prolifically frugal, and for Americans who dream of a more gilded life, the art of bean counting can become its own form of religion. This is one of the most integral metrics of the Millennial experience because of its implications for how much money a young person can save. Hard to believe I’ve been doing this for so long yet am still invigorated and excited to type words at you and help people with their money!!!! I believe that managing…