Living Frugally without Sacrificing
Posted on Tuesday, August 23rd, 2011 at 8:12 am
With the current state of the economy, many of us are looking for ways to cut back on our spending. However, you don’t have to sacrifice things you love to live frugally, in fact living frugally can be a lot of fun when you score a really good deal or save a big chunk of money on something you need, or even something you just want. So, here are some suggestions to help you live frugally without sacrificing.
- First, set a budget for the things you need: groceries, gas, personal items, bills, etcetera.
- Now you can set a budget for the things you want: new shoes, eating out, going to the movies, etcetera.
- Always look around for used items first. Not only will you save money when you buy used, but you just might find you have a lot of fun searching. Also, you might find things you wouldn’t find new in the store or you might end up with some enjoyable do it yourself projects. Some good places to find used items include Craigslist, Ebay, thrift stores, garage sales, your friends and families attics, and flea markets.
- Always check for coupons before you make a purchase. You can find coupons for all different things: groceries, clothes, shoes, furniture, pet supplies, printable coupons, coupon codes, you name it! However, don’t make a purchase just because you have a coupon for it. Instead, look for coupons for what you already plan to buy. By utilizing coupons, you can buy things you need and want for less – thus, living frugally without sacrificing!
- Practice frugal gifting. Instead of spending a lot of money on gifts that may end up stored away or at the next garage sale, make your own gifts. You can make your own gifts for as little as pennies. You can even reuse things around the house to create fun personalized gifts. Get a group of friends together for a craft day to make holidays gifts!
- DIY. Do it yourself projects can actually be a lot of fun and save a lot of money. For example, if you see an old chair in need of a little TLC for a good price, go ahead and pick it up and refinish it yourself.
- Eat out less. Rather than spending money on eating out all the time, get your family involved in cooking. If you eat out often, start by cutting back to once a week or every other week – you’ll find you save a lot of money.
- Only buy essential foods. That is, don’t buy a lot of food you don’t actually need (but still treat yourself once in a while). Drinking water will also help you save money, and it’s good for your well-being!
By living a frugal lifestyle, you can put your savings to use on anything you want – a night out on the town, a savings fund, those designer jeans you’ve been eyeing for months. Reward yourself for your hard work once in a while and you’ll find living frugally to be very rewarding!