Uncle8888 doesn't spend MORE than his net earned income after tax as he has been budgeting for his yearly spending.
He will be spending his LAST year's bonus in according to the following year economic forecast. He has picked up this habit after 1998 AFC when his variable bonus for that year was zero and his pay were cut for the first time since he started working in Aug 1977.
Our bonus and pay can never be seen as safe!
When time is looking bad ahead; he will stretch his last year's bonus over the next two years.
From his monthly and yearly spending trend, can this be frugality too?
If not, what is really frugality?
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