Sm Frugality And Saving Money

Sm Frugality And Saving Money



A Frugal Lifestyle
The word frugality has left a​ more negative connotation for most people than simply being a​ saver,​ a​ cheapskate or​ tightwad .​
There is​ a​ thin line difference to​ saving and too much frugality to​ the​ point of​ being awkward and ridiculous .​
This is​ where the​ negative connotation comes from.
But if​ you are guided with the​ right principles and reasons in​ deciding to​ live a​ frugal life,​ you would never go wrong .​
If you have decided to​ live frugally,​ no need to​ be worried of​ insults .​
Keep your head up high .​
And keep your focus through these tips.
1. Eating Out - Having gimmicks with friends on​ a​ Friday night is​ fine if​ you do it​ once in​ a​ while .​
But this can be expensive if​ you add them up at​ the​ end of​ the​ month.
2. Clothing - Naturally,​ if​ you are the​ kind of​ person who adores signature and designer clothes,​ do not expect that there will be something left of​ your take home pay .​
Instead of​ being trendy,​ wear clothes that can easily be matched with your other clothes .​
3. Own Home - If you are planning to​ move out and find a​ place to​ settle,​ do not be overwhelmed by the​ excitement,​ instead be practical .​
As a​ start,​ buy a​ smaller house or​ try other ways like rent-to-own,​ do-it-yourself arrangements,​ and owner financing .​
4. Buying Your Own Car - Shy away from sports cars or​ SUVs .​
Just stick to​ your purpose of​ buying a​ car which is​ to​ transport you anywhere you need to​ go .​
Check out also program cars like a​ new car warranty .​
Maybe this is​ not just the​ best time to​ replace your car with a​ new one.
5. Shopping for Groceries - As much as​ possible do not go with items that are branded .​
Choose non-brands and try looking for items on​ the​ highest or​ lowest shelves for best prices .​
Grab the​ opportunity and shop during sales or​ use coupons.
6. Family Out - There are inexpensive ways to​ bond with your family and be entertained like going to​ libraries,​ local parks,​ malling,​ picnics,​ visit friends and local church.
7. Buying School Supplies - Stock school supplies at​ home and do not buy anything fancy.
8. Be contented with what you have and try to​ live within what you earn .​
9. Plan your Child’s College Education - Teach them the​ ways to​ be independent and self-supporting by encouraging them to​ apply for scholarships and on​ campus jobs.
10. Be Aware of​ your Financial Limitations
11. Anticipate your Failures by Planning - Have always a​ budget plan so you would avoid impulsive buying.




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