Everyone wants to save money, but few people seem able to commit to it. To actually save money requires more than just buying one less lunch out or purchasing cheaper wine. It involves a change in attitude and behavior that requires a certain level of dedication. It’s also a good way to help pay off debt.
According to an article in Frugality Magazine, “There are plenty of people who have paid off vast amounts of debt. They’ve been through the same difficult times you’re facing now. And they’ve come out the other side smelling of roses.”
If someone wants to live frugally they need to have the proper attitude about it. It’s important not to look at this type of lifestyle as sacrificing or doing without. Living more frugally should be viewed as increasing funds in bank accounts for better financial security. A person is simply making choices to get the most value for their money.
Being frugal is best done when people view it as an opportunity to tap into their creative side. Instead of shopping at a thrift store, a person could set up a clothing exchange party at their home. Everyone needs clothes and has clothes they need to eliminate from their closet. Rather than pay for a hotel, a person could look for opportunities that provide house sitting. This is something done all over the world. Creativity is a valuable tool for living a frugal life.
Customer Reward Programs
Signing up for customer reward programs can end up saving quite a bit of money. This should be done even if it’s a store where a person doesn’t normally go shopping. Doing this will get coupons and make them aware of important discounts being offered.
When most people get a gift they will like it and be thankful. When someone receives a gift that was made for them, they’ll always remember it. Taking the time to shop for a gift is nice, but taking the time to make one requires a lot more thought and dedication. Ingredients to make soups or cookies in a jar are great gifts. Making picture frames with old jig saw puzzle pieces is also fun. A gift made instead of bought always gets more attention.