Most people spend way more money on everyday items than they need to. If you’re living in such a way that you feel like you’re constantly wasting things, throwing things away and spending too much money you should try “frugal living”.
If you think it would be difficult to start this lifestyle, you’re dead wrong. It’s never been easier to start frugal living!
The first step to starting to live in a frugal lifestyle is by writing down your financial goals. Get a budget together and see what you’re spending your money on. This is a great time to evaluate where your money is going.
Are you spending too much on going out to eat? Maybe you spend far too much on silly things like video games or comic books. Maybe makeup comprises half of your monthly budget. In any event, you need to see where your money is going.
Make sure you save at least thirty percent of every paycheck. Then, see where you can spend less money. Anything you have left over at the end of the month should go into a savings account so you have something tucked away for a rainy day!
You can cut back your entertainment budget a ton by visiting your local library. They’ve got tons of books you can borrow to read for free. That’s an awesome deal, and you pay taxes that go towards them, so you might as well check them out.
A lot of libraries even have video games and movies available. There’s a lot of free entertainment options in your local library that you can take advantage of.
While you’re at it, remember that your local parks are also free to access. You can take your family or your pets out to the park and just enjoy nature, all for free. You really don’t need money to have a good time.
This one may seem basic but it’s a great way to make your money go further. If you spend a little bit of time each week couponing and watching out for great deals on essentials you can make your budget really stretch.
This doesn’t mean you should go out of your way to buy things you don’t normally use. For instance, if you don’t eat cereal, don’t buy a ton of cereal just because it’s on sale.
Instead, if you shop normally but take advantage of which stores have the best coupons and weekly deals, you’re going to save a lot of money. This allows you to save more for things like retirement or vacation funds. That’s a lot more fun than overspending on junk food, huh?
Speaking of junk food, stop buying that stuff. A ton of your budget might be going towards eating out and purchasing junk food. Instead, buy more whole foods and cook more meals at home.
When you pair this with couponing, you’ll do more than just save money. You’ll find yourself living better in general. More sustainable living with more affordable habits is the very definition of a win-win!