Welcome to the 210th edition of the Festival of Frugality!
Today’s festival is bitter sweet. It’s not only the last FoF of 2009, but also the last of the decade! (What are we calling this decade anyway?)
To celebrate frugality in the ’00s, let’s take a look back at the decade’s most frugal – or richest people. It’s not easy to be rich, but this elite group managed to mix frugal living with money and business savvieness. I’ve included a link to each billionaire’s Wikipedia for further reading about these fascinating people.
I hope you also enjoy the week’s best frugal blog posts. Along with each bloggers post, I’ve included a link to their Twitter in case you’d like to follow them.
Have a great New Year’s!
#1: Bill Gates of Microsoft ($40 billion)
(Photo by Domain Barnyard)
- My Life ROI takes a look at money tips within three of the most popular board games in Personal Finance Lessons Learned From Some Board Games
- KMP Blog gives some suggestions for saving money on clothes this winter in the post, Looking Hot this Winter at Fabulous Prices
- My Wealth Builders looks at the downsides of owning a FREE golf cart in the post, Should We Buy a Golf Cart?
- Cooking Manager helps you save money on your dishwasher in the post, Ten Tips to Save Water, Money, and Energy With Your Dishwasher
- ETFdb breaks down ETFs and Mutual Funds to help you save and make the right decision in ETFs vs. Mutual Funds: The Ultimate Guide
#2: Warren Buffett of Berkshire Hathaway ($37 billion)
(Photo by Ngoc Nihan)
- Family Balance Sheet tells how they saved using a holiday e-card in Holiday E-Cards: Tuck This Idea Away For Next Year
- Free Money Finance asks Are Outlet Stores a Good Idea?
- FIRE Finance provides an in-depth post about Americans and banks in Americans Living Without Bank Accounts?
- Wealth Pilgrim asks a tough question: Is Happiness Expensive and Over-Rated?
#3: Carlos Slim Helu of Telecoms ($35 billion)
(Photo by YBSUR2007)
- Provident Planning keeps you up-to-date on their frugal practices with Raising a Cow for Beef: Month 4
- MoneyNing provides some advice for frugal people: How to Deal with Frugal Naysayer
- Bill Eater shows how to save money as a family in the post, Money Savers for the Entire Family
- Fine-Tuned Finances gives some frugal advice to homeowners in the post, Home Improvement Mistakes that Lower the Value of Your Home
- Personal Finance by the Book provides some medical tips in the post, How to Purchase Long Term Care Insurance: Ten Great Tips
#4: Larry Ellison of Oracle ($27 billion)

(Photo by YBSUR2007)
- The Digerati Life has a great find with Bed, Bath, and Beyond Coupons Never Expire!
- The Smarter Wallet gives fragal bankers a rundown in Top Online Savings Accounts For Savvy Savers
- Dough Roller gives a great review in Quicken 2010 Review
- Credit Cards Offers IQ provides some knowledge for international readers in the post, List of Credit Card Foreign Currency Transaction Fees
- Good Financial Cents provides some timely advice in his post, 5 Tips to Help You Beat Post Holiday Debt
#5 Ingvar Kamprad of Ikea ($22 billion)
(Photo by MSN Money)
- Mad Kane’s Humor Blog tells a funny wine story in the post, Vintage Wisdom
- Funny About Money provides their 2009 Budget Wrap
- Personal Finance Analyst shows how to stretch your money at CVS with CVS Coupons: How to Get the Most Out of the Extra Buck
- Eliminate the Muda provides some philosophical money advice with the post, Lower the Water and Expose the Rocks
If you’d like to participate in a future Festival of Frugality, check out the submission guidelines and the hosting guidelines.
————————————————-


Thanks for including me! I’ll link back here in my Friday roundup post.
[Reply]
Looks like a lot of great articles here. So much to read and so little time!
[Reply]
Thanks for including Funny’s end-of-the-year budget wrap. Nice job. Would you believe my former brother-in-law worked for Ellison when Oracle was just this side of a start-up? Didn’t last long, though… ;-)
[Reply]