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5 Tips to Help You Become Super Frugal

The 21st century has started off with more people and companies being eco-conscious and resource conserving. People are finding more ways to reuse, recycle, repurpose, revamp, and restructure without spending too much money. Costs are soaring and finding ways to be super frugal has become a necessity for many.  But, we have to be proactive and take responsibility and control for what goes on in our lives and our surroundings.

Being frugal can mean different things to each of us. It may mean stretching our dollar more and looking for bargains, being more thrifty and reusing, prioritize spending, debt reduction, and of course saving money and spending less. I’ve come up with 5 simple yet relevant ways to become super frugal.

1. No Frivolous Spending
Make a list of wants viruses needs. Sometimes it can be a bit blurry to distinguish between the two but if you don’t discern this quickly you’ll have a big financial hole that may be hard to crawl out of. You want money in your budget for housing, food, health & hygiene, clothing, insurance and an emergency fund. Anything outside this may be considered a want, so weigh heavily on your spending habits. A phone is a need, but cable and Netflix are wants. It’s a matter of being economical. Keep track of what you spend your money on, you make be shocked. Stick to your shopping list and your budget.

2. Don’t Use Credit – Use Cash!
When using credit to buy merchandise, it’s easy to get carried away with the buy now pay later mindset. That may be fine for one or two small purchases but when they start adding up and/or you make a couple of big purchases, you may find yourself in a disastrous predicament. When you use cash you’re completely aware of your budget. It prevents incurring debt and leads to more conscious and careful spending. People have forgotten that cash is currency. Swiping a card is so easy and fun whereas spending cash requires thought and calculations. Cut up or deactivate all credit cards except one just in case you need it for an emergency back up.

3. Open a Bank Account
The financial wizards suggest that we should be saving 10% of our income every month and putting it straight into your savings account.  There are a few things you should consider before opening a bank account. Look at your options and compare bank accounts regularly to determine which bank is right for you. You need to know what your monthly fees are, interest rates, service charges, ATM fees, do you need a minimum balance, are there overdraft options and fees, number of weekly transactions, do they offer free insurance, and is it close to my home; these are just some points to consider. Remember to always read the fine print. Once you’ve made your choice, talk to your bank and have them automatically deposit 10% of your income into your saving account and never touch it.  Let it grow and accumulate interest and watch your numbers grow.  It’s exciting!

4. Shop on Discount Day & Use Coupons
Every major grocery chain has a monthly discount day.  The discount can range anywhere from 10 – 20% which equals lots of savings. In addition to the monthly savings, you can also use coupons. Couponing is fast become a frugal habit for many people and it has a profound effect on your grocery budget.  Check your local newspaper, weekly flyers, in-store locations and online for e-coupons or sign up to receive free newsletters and get manufacture coupons and freebies. Many couponers pay little or no money for their monthly grocery bill. It can be time-consuming so be prudent and determine which coupons give you the best bang for your buck while engaged in this thrifty hobby.

5. Community Recycling
I love reading about communities that get together and sell, share or trade household products. Any household item that no longer has a purpose in your home may be of great value to another household giving it a longer useful life. Maybe your child has outgrown his hockey equipment but your neighbor’s child is just getting into hockey.  Purchasing or trading used wares in good condition is not only budget frugal, it’s also good for our environment. There’s less in the landfill, saved and reduced energy, and less greenhouse gas.  It’s much better to refurbish and recycle. You can also check out thrift stores or garage sales where you can strike up a bargain or find incredible treasures.

36 Comments

  • People should get together to do this. I give all oir things that the kids out grow and there toys they dont want any more.to people who are in need .

  • I am very frugal. My daughter and I went shopping last week. I found great sales that were 25% off then take another 1/2 off. I got ankel boots for me shoes for my hubby a purse each for my daughter and my self 3pk jewel boxes a pair of jeans and a bra for under $200. I also like to shop at the local second hand store.

  • I suppose I will try not to spend frivolously–but I would love to own the cool piggy bank in the illustration! (Although I suspect it is only a computer graphic.)

  • I am very frugal as well. I usually buy all my gifts from thrift stores as well as most of my clothes for thrift stores. I use my library for books and movies.I buy one day old bread for 50% off.

  • I really need to get back into couponing like #4 says. I used to be the “Coupon Queen!” I do have a recommendation though for anyone couponing. As a courtesy to other shoppers, do your shopping very early in the morning when the store opens if you have tons of coupons and separate transactions. Although in the past I was an avid couponer, there is nothing more annoying than a very busy store, with limited registers open, you’re in a rush and the person ahead of you in line has a coupon for everything they’re buying. If every coupon scanned without problem, it wouldn’t be a big deal but that isn’t the case. Sometimes the register claims that you didn’t buy the correct item & you have to search through all your bags to prove you did. For free items, the cashier has to go back to find the price on the receipt (so always put those on top of the item on the conveyor belt instead of waiting until the end).

  • These are all great tips, since my hubby is now getting payed bi-weekly I have started a notebook and keep track of everything that comes out and it sure helps!

  • donating to and or shopping at a Goodwill shop or Value Village is a great way to save & it’s great for the environment.

  • Very good tips! If I could keep these in mind all the time, I’d be so much better off. I’m not very spendy, but I do cave to impulse spending from time to time. Thanks for sharing your wisdom!

  • Now if you wanna be really frugal, hit up the food banks, look for free meal events in your community. Here in ours we host a free dinner every Wednesday, no paperwork, no questions, just bring your own plate if you can if not we have disposables!! We also offer cooking workshops for seniors, diabetics and those needing to learn.

  • Take advantage of case lot sales to save money. Go in with one or two friends if the cases are too big for your family and just split up the purchases and divide the costs.

  • I consider myself frugal. I shop sales all the time. I do use a credit card but I pay for everything when I get my bill.

  • I think I scarred my girls for life by making them wear hand me downs! I didn’t see nothing wrong with them wearing nice clean clothes that were still in style! I cut coupons and take advantage of clearance sales. I love saving my family money so we can do other fun things.

  • My husband and I have decided to set up a savings account for Christmas 2018 spending so it will be cash all the way this year.

  • This is something that i definitely need to work on, I’m an impulse buyer too. These are all great tips, thank you so much for sharing!

  • I think the most savings I get is from Thrift Store buying. I have purchased many house hold items.The one I haunt the most has new craft kits,from Creative Circle regularly.I am so happy to have them to redo kits for myself that I gave away over the years.

  • My hubby and I adopted a cash only lifestyle years ago. Though it is difficult at times it was the best thing we ever did. If we can’t afford it we don’t buy it. It has made me be constantly on the look out for sales and I have come to love our local thrift shops. 😀

  • I try to be very frugal. Went shopping with my daughter. Spent just over 100 on clothes that would have cost us over 400 if not on sale. But can always work on it for other areas. Thanks for the tips.

  • These are all good tips. Couponing definitely saves me money. There has never been a community recycle party in my area but we have an awesome all volunteer thrift store. The prices and selection are great and moves so quickly because people tend to donate there rather than anywhere else. All of the proceeds benefit 3 very local food pantries.

  • It’s amazing how quickly frivolous spending adds up! When we’ve detailed our purchases we are always amazed at how a bit here and a bit there adds up to a lot.

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