[gonepostal]

Author makes some good points but comes to an incorrect conclusion. It is very important to live within your means (income + some delta > expenses). I don't think anyone would disagree with that statement. There is some debate how big that delta should but that isn't the root of the issue.

But then concluding being frutal will provide opportunities is false. All frugality enables is the ability for one to take advantage of opportunities that someone that is in a lesser financial situation could not.

[lotharbot]

If you can't take advantage of it, it's not really an opportunity. Frugality turns "can't take advantage of" situations into actual opportunities.