The Little Things Add Up
When you don’t have a lot of money to start with, saving money can be tricky. Some people might advise you to fire your maid and take less vacations. Well, what if you can’t even afford those things in the first place? There are many ways to save money and live a frugal lifestyle without sacrificing too much. Those little things can add up!
Tips For Saving Money
1. Buy Used
This is especially important for those with kids. Kids grow so fast and their interests change all the time. There is no reason to buy brand new, brand name clothes for them. What do you do with your kid’s clothes when they outgrow them? You hand them down or you donate them right? Well, other people do this too. You can find great quality clothing for your kids at very reasonable prices at second hand stores. Why buy your kid a $40 pair of jeans that they are going to grow out of by next year? Instead, buy them a used pair for $5 and save yourself some money.
This can go for many other things other than clothes. There are online market places where people sell their old items. Things like baby items, furniture, cars, house hold items, toys, lawn equipment, and pretty much anything you could want or need. Sometimes they even give them away for free. You just have to keep a look out and you could score some good deals on things you already need. Don’t spend hundreds of dollars on a new desk when you could find a used one for far less. Used items still have a lot of life left in them. Take advantage of that and buy used.
2. Shop Smart
If you aren’t buying used, make sure you are getting the most bang for your buck. If you are on the look out for a new stove, don’t buy the first one you see and like. Research different stores and compare prices. Saving money takes some time and effort but it can be done.
It doesn’t even have to be with big ticket items. While grocery shopping, you can be frugal as well. Check out store advertisements and plan your weekly meals around what is on sale. If store has a great sale going on ground beef, stock up and freeze some for later use. Buy in bulk for those things you know you will use such as toilet paper, paper towels, sugar, flour, rice, pasta, or anything else that won’t go bad. You can also save money by buying generic items. They usually taste just as good for a lot less money.
3. Eat In, Not Out
There is no bigger waste of money than eating your meals at a restaurant. Sure, it’s easy and convenient, but it adds up! Spending $5 on a coffee and bagel every morning on your way to work seems easy but that’s $25 a week that you spend on those items, or $100 a month. If you make coffee at home and toast you own bagel, you can save a lot of money.
Taking your entire family out to dinner is A LOT of money to drop for one meal. You can do this occasionally as a treat but don’t make it a habit. Take the money you save at the restaurant and put it towards your grocery bill. You’d be amazed at how much food you can buy with that money. Certainly more than one meal’s worth!
Saving money and living a minimalistic lifestyle does take some extra effort on your part. You can’t just buy things on the spur of the moment. Instead, you should price shop and compare prices on the things you do buy. You want to get the best value for your money and that takes a few more steps on your part.
By being frugal with your purchases, those little changes can add up to a lot of extra money. Buy things used whenever you can. Used items are just as good as brand new items. Nobody has to know you got your clothes from a second hand store and you will save money by buying them used. Think of how much money you could save with these money saving tips! You’d be surprised by these little changes.