13 Easy Ways to Save Money, Live Frugally & Embrace Minimalism
It’s responsible to be intentional with money. Money problems can cause stress and family issues, whereas thriftiness can have positive rippling effects on the rest of your life. Slice of Light shares some frugal living tips. These are easy ways to save money.
1. Take shopping breaks
Pick one day a week, one week per month, or one month a year to buy only essentials. Taking a break saves you money and gets you into the habit of focusing on your priorities, beyond shopping.
2. Make more money
Pursue a side hustle. Ask for a raise. Turn your hobbies into a moneymaker. Having multiple income sources is a smart way to save money and gives you a backup.
3. Shop secondhand
You can even buy electronics and furniture secondhand. Plus, it’s more environmentally friendly. You are doing Earth a favor while getting a better deal.
4. Check your bank account regularly
Research shows that self-monitoring can impact your behavior. Being aware can help you be conscious while making purchases, and watching your savings stack up as you live frugally acts as positive reinforcement.
5. Have a dinner scrounge night
Pick one night a week to make a meal from what you already have lying around.
6. Get your hair done professionally less often
Try to cut or dye your hair yourself, or, if not, at least cut back on how often you get it done professionally.
7. Cut your guilty pleasures in half
You can still enjoy eating out, ordering coffee, and other things. You don’t need to eliminate that happiness source altogether to save on it.
8. Consume less meat
It’s more expensive and less environmentally friendly. Consider one vegan night a week.
9. Save monetary gifts and bonuses
Instead of using a windfall to justify an extra purchase, you can save it for something more meaningful.
10. Split a meal when you go out to eat
Or, try to reduce the cost of the meal.
11. Track your spending
Have a budget, or, at least, keep a log of your purchases. Tracking can actually change behavior.
12. Plan your grocery shopping
Stick to your list and plan meals wherever possible.e
13. You are your best asset
Use your own insight. Brainstorm your own list of frugal tips and strategies. Implement them in a methodical way. Try out a tip for a week and then self-reflect. Being intentional can save you money.
Easy ways to save money
How do you get yourself to make real changes? What are the barriers that prevent you from living frugally and minimally? Drop a comment and let us know.
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