One of America's greatest poets and philosophers, Henry David Thoreau said, “Money is not required to buy one necessity of the soul.” Thoreau understood that a frugal life is a bountiful life — filled with soul nourishment, dreams coming true, experiences being lived, vibrant, intimate relationships, and unbridled joy. And it's all won by spending less than you earn, saving for the future, and making your money grow. Frugality helps you accomplish your financial goals, and, as such, frugality is a state of mind to be embraced wholeheartedly.