Hey, what’s up? Welcome to The Frugal Expats website.
A personal finance blog that chronicles the life of a young expat family and their quest to financial independence – all while living in one of the most expensive countries in the world.
Who’s running the show?
Hello! I am Mr. Frugal Expat (aka Mr. FE) and together with my wife Mrs. Frugal Expat (aka Mrs. FE), we run this blog.
We’re both in our 30’s, born and raised in the Philippines, and proud parents to our adorable 2-year old daughter, Baby FE.
Both of us are IT professionals and like many other young professionals from our home country, we’ve decided to pursue our luck abroad for better career opportunities and to explore other cultures.
Our little family is currently based in Singapore and we’ve been expats for almost 7 years now.
More about the website and why we started this
We’ve created this site to document our own journey towards financial independence (FI).
This is mainly a personal finance/financial independence blog but we’ll also write about non-financial stuff that we experience as Filipino expats.
Now, back to the FI part of this site…
Our goal is to “retire” from the rat race at the age of 40. You can read more about our Grand Plan here.
Another reason why we’ve launched this blog is to help other expatriates, especially OFWs (Overseas Filipino Workers) and other young professionals to deal with their finances. We’ll show our readers how to better spend, save, and invest their hard earn money and provide some tips on how to deal with debt and lifestyle inflation.
There’s no shortage of financial horror stories out there. The sad part is we keep hearing them from people who are close to us – even from those who are earning a relatively good income.
In this site, we’ll share our strategies to help other people get out of those unwanted financial situations. You’ll be surprised how simple the math is!
Most of the time, all you really need is a little bit of effort and discipline. (Okay, maybe not that little!)
“Earning a lot of money is not the key to prosperity. How you handle it is.”
— Dave Ramsey
We’re hoping that we can inspire people to embark on their own financial freedom journey. We also hope to provide applicable financial literacy lessons along the way.
As for our own FI journey, our focus is to attain freedom and flexibility more than acquiring more wealth and money. Our goal is to live and enjoy life more while thinking less about money. For us, that is the true meaning of financial independence.
Our Mantra :
Spend less. Live more.
We’re also big advocates of living frugally (if it’s not yet obvious from our site’s name). Frugality is not all about penny-pinching and self-deprivation. Those are just few of the myths we wanted to dispel.
A frugal lifestyle is an epitome of lifestyle design. It is an efficient and intentional way to spend your money and more importantly, your time.
In fact, embracing this lifestyle made us more creative, resourceful, and appreciative of the things we currently have.
We hope that through this blog and our own experiences, you will be able to pick-up some golden nuggets that could help you in your own financial journey.
We’ll also cover other core topics like:
- Core Financial Independence Principles
- Money Management (Saving, Earning, Investing)
- Frugal tips & other hacks
- Living in Singapore
- Tips for fellow OFWs
So if you are a fan of no-BS personal finance and practical frugal tips, feel free to dig in!
Thanks for reading. Hope you’ll enjoy it here.
–Mr. & Mrs. FE
P.S. Can’t wait to hear from you! You can leave your comment below or connect with us on social