Hello and Welcome!

Last updated on July 26th, 2018 at 06:36 pm.

Hey there! Welcome to The Frugal Fellow – a brand-new blog about personal finance.

Why personal finance?

To answer this question, let me give you a little bit of background on myself and how I completely squashed my student loans just shy of my 30th birthday.

When I was younger, I certainly was not thinking for the long term – much like many Americans. In fact, most Americans have less than $1,000 in savings.

Biting off More than I Can Chew

Not only did I have nothing saved as I headed off to college, I also took out tens of thousands in student loans, like so many students do nowadays. And yet, despite that grim picture, I managed to pay off every penny I owed before the age of 30.

So, How Did I Do It?

Honestly, I wish I could tell you I had some magic formula for how to instantly pay off all your debt. I could, ironically, probably get rich if I could help people like that.

But, no, I don’t have an extraordinary secret or anything. You may have guessed by now (based on the title of this blog), but it all comes down to one major principle: living frugally.

Yes, for the most part, that’s all there is to it!

I say for the most part because I do have a few tricks up my sleeve as well. And that is, in essence, what this blog looks to explore: tips for how to live frugally, plus extra little tricks that may help you get ahead.

So, stay tuned and we’ll dive right into it.

Bob Haegele

Hey there. My name is Bob Haegele and I blog about personal finance here at The Frugal Fellow. I was raised in the Windy City, also known as Chicago. After working for a few years in the Midwest, I’ve bounced around to different parts of the country in my mission to become a full-blown digital nomad. I’m also an alternative energy and EV enthusiast and have recently become semi-vegetarian. Another thing I started doing recently? Dog walking. I’m now doing that as a side hustle and loving it! I’m now working toward financial independence making money via my own ventures. If you’d like to work together, send me an email.

This Post Has 2 Comments

  1. When my mom moved me in to my dorm for the first time freshman year, she gave me $20 and sent me on my way – also with no savings to my name and soon to be thousands of dollars in student debt. Congratulations on paying it off before 30!!! That is such a huge milestone and inspiration for people like me who are still in my twenties and can get a fresh perspective on what is possible to accomplish before 30.

    Love this first post!! Sets up the rest of your blog well 😉 and I love that you emphasize that paying off debt is not magic, it just takes hard work, discipline and frugality 🙂

    1. Well I’m glad I could be a source of inspiration – that is one of my goals! That is a message I often see, and it’s totally true – if you take the right steps, you can achieve great things as far as debt is concerned. 🙂 And having a high income helps, but it’s not an absolute retirement!

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