I'm a huge fan of voluntary adversity. It doesn't mean that I have more money, not at all, it's just that I'm not subscribing to the idea that money is a necessity. I wouldn't refuse it and I worry endlessly about it, and Im not cashed up at all. I'm just not good at finances. HOwever, I do believe in being frugal, because why work your ass off to spend money as a sole purpose in life? That's what it feels like sometimes. The more you work, the more you spend. So in times of plenty, I'd rather squirrel away so I have some put aside for actual bad times, because you should know it's always around the corner!

I also like the term 'frugal hedonism' - there's richness to be enjoyed from frugal habits.