Being frugal is a journey that looks a little bit different for everyone. Maybe you’re saving up for retirement or trying to pay off your house or medical bills. Maybe you just really want to spend a month in the Bahamas. Whatever your reason for taking your frugal journey, there are a few habits that all successful frugal people have. In fact, I’ve found...
I think we’ve all had times when money was super tight; when you’ve only got a few dollars after paying all of the bills but you still have to eat somehow. When that happens, the best thing to do is to take stock of what you’ve already got at home, and then use these frugal foods to help fill your stomach until the next payday. 1. Oatmeal I’m...
Spending money is easy. In fact, it’s beyond easy and that fact alone puts millions of people in debt every year. We’ve talked a lot about stupid things ways people waste money, but sometimes it’s the little daily spending habits that are dangerous to your financial security. I virtually guarantee that we’ve all done at least one of these...
Some people are just naturally prone to organization. They have lists of lists, and can tell you exactly where everything is at any given time. There’s no running around last second to get something done or misremembered dates because they actually wrote appointments and such down and planned ahead of time. Some people, in short, just always seem to...
Meat is by far the most expensive part of any meal. In fact, for some meals it’s really the only expense, as things like flour and veggies are often more cost-effective in bulk. However, while we’ve talked about saving money on food, there are some very different tactics that can be used to try and save a little bit of money with meat. 1. Buy less expensive...
Well, tax season is firmly upon us, and depending on how much you procrastinated, you might already have that nice lump sum of money from Uncle Sam sitting in your bank account. It can be exciting to have that much money all at once, and extremely tempting to just blow it on fun stuff. However, that lump sum of money can actually do quite a bit of good. Here are...
Saving money is important on the path to financial security, and it’s an integral part of being frugal for most people. However, it’s definitely not something that’s easy to do. Much like anything, it’s easy to make bad savings habits which can actually cost you more money than if you didn’t save money at all. Here are five things that...
Frugality is a grossly misunderstood concept. To most people, it means scraping by on the absolute least amount that you can, and sometimes simply going without. My friends often misunderstand me when I say that I can’t do something, or simply state that I’m going to purchase that in a couple months once I save up the money. “You need to treat yourself...
When I look back at my early 20s and reflect on what on earth happened to all that money I was making before I really had any debt to speak of, the thing that amazes me the most is how much money I blew on pointless things. I was an impulse buyer and if I saw something that I wanted, I had the tendency to purchase it right then and there, only to experience buyer’s...
There are plenty of words that have a undeservedly bad reputation, and ‘frugal’ has to be one of the worst. For most people, the world ‘frugal’ implies being cheap, mooching off of others, going without the pleasures in life, or simple penny-pinching. However, despite what you might have heard, that’s not at all what being frugal is...