7 Habits of Highly Frugal People

7 Habits of Highly Frugal People

By Dr. Penny Pincher, WiseBread

Frugal people who pay off their debt and achieve financial independence don’t succeed by accident. They establish habits that allow them to consistently reach their goals over the long haul.

During the past few years as a personal finance blogger and author, I have noticed that the most successful frugal people tend to follow a common set of habits. These same habits remind me of the traits that Stephen Covey detailed in his popular 1989 book, The 7 Habits of Highly Effective People. For this article, I kept the original seven habits, but updated them for achieving financial independence today.

What are the seven habits that allow some people to excel at being frugal? Continue reading


smishing scam alert

Indiana Members Credit Union wants to inform members about a scam called SMISHING.  We have been notified that members have received text messages alerting them to fraud on their debit card, and to call back a particular number.  These messages are not from us.  IMCU does not send text messages for fraud alerts.  These are organized attempts to get members personal information, including the card information, by masquerading as a person’s financial institution.  This scam is known as SMISHING.  As your financial institution, If we are contacting you, we would already have your information.  Never give out your information over the phone.

If you ever have questions about your account, please contact your local IMCU branch, or our member services department at 317-248-8556 or 800-556-9268.

If you feel your debit card has been compromised as a result of the text message (SMISHING) then please call an IMCU branch to cancel your card and a new card will be reissued for you immediately.  Click here for a listing of IMCU locations and hours: http://www.imcu.com/locations-and-hours.aspx

Click here for more information about SMISHING:   http://money.usnews.com/money/personal-finance/articles/2013/09/19/how-to-protect-yourself-from-smishing-and-vishing