5 simple frugal living tips
Published Tue, Sep 4, 2012 Updated Tue, Feb 16, 2021
There are many reasons why you need to save money. It could be that you are saving up for something that you want to buy or invest in. It could be that times are so tough and the turbulent economy has made every commodity expensive. Whatever your reason, frugal living will never do you harm. In short, saving money is one of the smartest things that you can do.
Tip 1: Value coupons
Every single time you buy something like a magazine or any product from the supermarket, make sure that you check out any coupons that may be available. Also, don’t throw out that box just yet; make sure that you cut out the coupons so you can use them again. Discounts are still discounts. No matter how much savings you get from the coupons, use them to your advantage.
Tip 2: Prepare your own meals
Go online and search for cost effective ways on how to prepare your own meals. Take this as a challenge. Try not to eat out or take-out any food for a month and you will see that you will have saved a lot of cash. Besides, preparing your own food is healthier because you will know all the contents of the dishes you prepare.
Tip 3: Homemade Cleaners
It is easy to spend a lot of money on cleaning products. These include washing up liquid, stain removers and so on. There are many homemade cleaners that you can use. There is a big chance that these materials are in your kitchen being unused. Make good use of them!
Tip 4: Say no to stand-by mode
Many people don’t notice, but leaving your appliances on stand-by mode can still consume electricity. Therefore, it is important to make sure your appliances in your home, like your dishwasher, TV and even oven are fully turned-off.
Tip 5: Control impulse buying habits
Many people suffer because of impulse buying. When you impulse buy, you may feel happy for a while until you realise that you bought something that you don’t need. No matter what tips are given to you for frugal living, you must make sure that you have the trait of self-control. This is the first thing that can keep you out of the shops!
In a nutshell, value your money. You have worked hard for it. Thus, you need to make sure it goes towards things that are worthwhile!