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Tom Meaglia, ChFC®, AEP®,

CLU®, CRPC®, MSFS

Chartered Financial Consultant

Investment Advisor Representative

Chartered Retirement Planning Counselor

CA Insurance Lic. #0567507

 

Meaglia Financial Consulting

2105 Foothill Blvd., #B140, La Verne, CA 91750

 

Toll Free: 800-386-3700

Bus:         909-593-6105

Cell:         818-681-8600

Fax:         909-593-6120

 

Email: tom@meagliafinancialconsulting.com

Website: www.meagliafinancialconsulting.com

November/December 2026

Frugal Habits to Keep

Banner Woman happily shops online sitting on a sofa with tablet, copy space and card. Convenience and ease of digital consumerism

Comfort doesn't rule out frugality. Frugal habits help preserve wealth and support wise financial decisions—worth keeping no matter your financial status.


Budgeting Wisely
A budget helps you track spending and identify savings, and keep your lifestyle from getting out of control. Categorize expenses—housing, investments, travel, entertainment—and hold yourself accountable. Knowing where your money goes is essential to long-term wealth management.


Smart Shopping
Wealth doesn't require splurging. When shopping for groceries or luxury items, look for deals, use discounts, or consider highquality second-hand goods—being a savvy shopper pays off regardless of your finances.


Investing in Quality
You might be tempted by trendy gadgets, but buying quality products pays off. Quality shoes or timeless furniture may cost more upfront but save money over time by reducing replacements.


Maintaining Long-Term Relationships
Frugality isn't just about saving money; it's also about valuing relationships. Instead of always dining out or attending expensive events, host gatherings at home. It cuts costs and fosters more meaningful connections, and cooking for others is a fun way to showcase your skills!


Mindful Travel
Travel can bring joy without overspending. Choose off-season trips or lower-cost destinations, use rewards programs, and look for package deals—adventure doesn't require lavish spending.


Philanthropy with Purpose
Instead of just donating, get involved in charitable work. This connects you with causes, helps you budget your giving, and lets you evaluate impact.


Maintaining frugality enhances your wealth rather than undermining it. By adopting these habits, you protect your assets and foster a mindset that values both money and relationships. Wealth may be fleeting, but wise choices secure your finances for years to come.


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Thomas Meaglia is an Investment Adviser Representative of Coppell Advisory Solutions LLC, dba, Fusion Capital Management, a registered investment adviser that only conducts business in jurisdictions where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting.
Insurance and annuity products are not sold through Fusion Capital Management. Fusion does not endorse any annuity or insurance product, nor does it guarantee any insurance or annuity performance. Annuity and life insurance guarantees are subject to the claims-paying ability of the issuing insurance company. If you withdraw money from or surrender your contract within a certain time after investing, the insurance company may assess a surrender charge. Withdrawals may be subject to tax penalties and income taxes. Persons selling annuities and other insurance products receive compensation for these transactions. These commissions are separate and distinct from Fusion's investment advisory fees.
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