Is your budget tight? Are you finding it difficult to save money to make a living? Changing your ways and consuming and buying only what’s most important for survival can dramatically change your lifestyle.
Eventually, you will learn not to sacrifice more and start living frugally. It is more important to decide where and when to spend your money. Being conscious about your spending habits is not only going to save you money but also make you self-aware whether or not things you buy serve you a good purpose.
This article is all about making few adjustments and developing simple life skills that will help you to develop important habits to thrive financially.
With that being said, here are 15 Frugal Living Tips that will help you not to spend unnecessarily.
15 Frugal Easy-To-Follow Tips
- Choose Your Priorities:
A frugal lifestyle doesn’t have to do anything with less expenditure. Instead of cutting all the expenses, what’s most important is you and your family. When you learn to prioritize things, you would know what doesn’t matter to you. Don’t spend much on things that are not important; then you can have enough money to buy your favorite things.
Everyone has their own priorities, and something that matters to you won’t matter to the other person and vice versa. There are some key notes to know the ways for prioritizing money and then making changes in those areas.
- Quality Over Quantity:
Choosing quality products is better than choosing quantity for longer terms for the obvious reason that they last longer. Cheap materials break easily, and Expensive materials tend to last longer, and you will have to spend more to get that item replaced.
But this doesn’t mean that you have to spend extra on everything as expensive things are not always made up of good materials. Rather, look for things that are more valuable.
- Off-Season Shopping:
Off-Season products are always cheaper. So stock up your wardrobe at the end of the season so that you can put them on next year.
- Don’t Use Credit Cards:
Running out of credit card limit charges you extra on late charges or interest. So keep your credit cards aside while you go out shopping and buy things that you don’t need. Use it only during emergencies.
- Use Home-made Products:
Start making natural and organic products at your home like shampoo, soap, oil, conditioner, and much more. Making them at home will save you a lot of money rather than buying from a local store.
- Sell Unwanted Items:
Start decluttering the items that are of no use to you anymore and re-sell them. They take unnecessary space at your house, so give them away to someone who actually needs it in return for money.
- Start Gardening:
Make the best use of empty space in your backyard and start gardening. Producing your own food is not only fresh and healthy, but it will also save you a lot of money.
- Batch Cook:
Start cooking healthy and fresh food at your home. Don’t buy food online or make plans to go out to a restaurant for dinner during weekends; rather, start prepping meals at home.
- Drive Less:
Start carpooling with your friends and family to go to work or any other activities. It will help you save your gas money and spend more quality time with your friends.
- Do More Handy Work:
You can learn some handy-man skills to do simple tasks daily. There are many tutorials online where you can watch videos about ‘life hacks’ and doing other sorts of things without hiring a professional.
- Disconnect Your Cable TV Connection:
Sometimes, you end up paying more for the cable TV connection just to watch your favorite channel. With Netflix, Amazon Prime, Disney Plus, and other IPTV services in the market, it would be best to cancel your cable TV subscription.
Moreover, there are many free video streaming platforms available that will help you to save your extra expenses.
- Reuse Glass Water Bottles:
Now, you might be thinking, why only glass bottles and why not plastic bottles? The reason is not to contribute to plastic as it is a very harmful material that takes thousands of years to decompose. They can be a huge threat to nature if not treated well, so always prefer refilling water in your glass bottles for household purposes.
- Make Your Own Grocery List:
Always make a list of items before going to the supermarket. This will help you to save time and overbuying items. If you have low expenditure, then don’t buy things that are a waste of time, money, and energy.
- Make Emergency Fund:
You never know when an emergency or unexpected event occurs in your life. What if you are not ready for it? So, to feel safe and secured, plan it beforehand and build an emergency fund to help you financially in your later life.
- Second-Hand Shopping:
Old materials lose their value over time. They might not have the same potential and productivity as the brand new product, but they serve its purpose. So, buying new things is not always necessary. Go for second-hand shopping and save more money.
Contrary to popular belief, living a frugal lifestyle actually opens you up to more options. If the choices you make allow you to get by with less money, not only can you pay off debt much faster, but you can also make personal and professional choices based on what you want, instead of based on money. We hope this article helped you to get some useful tips about minimalist living and your journey towards frugal living.