I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.
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Living a frugal lifestyle gives you the opportunity to invest more money towards your future.
It's the intelligent thing to be frugal.
Frugality is founded on the principal that all riches have limits.
Without frugality none can be rich, and with it very few would be poor.
Most of us understand that innovation is enormously important. It's the only insurance against irrelevance. It's the only guarantee of long-term customer loyalty. It's the only strategy for out-performing a dismal economy.
Innovation happens because there are people out there doing and trying a lot of different things.
A dash of frugality is a good thing for everyone.
Innovation is so hard and so frustrating; it takes the intersections of people with courage, vision, and resources.
For better or worse, that is true with any new innovation, certainly any new technological innovation. There's many good things that come out of it, but also some bad things. All you can do is try to maximize the good stuff and minimize the bad stuff.
Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
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