7 Things You Can Do to Become More Frugal

by Jason Butler on November 25, 2016 · 1 comment

7-thingsWhat’s going on everyone? I hope you all had a good Thanksgiving yesterday. Mines was ok. I watched football all day and didn’t spend any money. With today being Black Friday, I figured I’d write about saving money. In this post, I will be going over seven things you can do to become more frugal.

Cook more at home

It’s no secret that cooking your food at home is cheaper than going out. One way to become more frugal is to make your lunch and bring it to work with you every day. This is a practice that I’ve been doing for the last few years. I can say that I’ve saved at least a couple hundred dollars by doing this. You can also do meal prep and cook your food for the upcoming week on Sundays.

Purchase store brands

The second thing on the list is to buy store brands when you are shopping for food. From my experiences, store brands are just as good as regular brands. Depending on what the item is you may not even taste the difference. Store brands are also cheaper than the name brands too. I buy them all the time.

 

Cut cable

Cutting cable is the next way to becoming frugal. A lot of cable bills are over $100 per month. That is too much money to be paying for it. More people are cutting the cord each month as cheaper alternatives continue to present themselves. There are different options to choose from such as Netflix and Hulu. You can also stream shows from the internet as well.

Negotiate

Negotiating the prices for some things is the next thing on the list. Whether it’s the price of your internet service or an item you see at the mall, try to negotiate it. The worst thing that could happen is that they will say no. Closed mouths don’t get fed.┬áDo not be afraid to ask for better prices.

Go out less

By going out less, you can save a couple of hundred dollars each month. There are several things that you have to pay for when going out such as drinks, food, and parking. If you go out three times a week and spend $30 each time, that’s $90 a week and $360 per month. If you stop going out, you could save that extra $360 each month. Instead of going out you can invite people to your house and have a game night.

Exercise at home

Canceling the gym membership and working out at home is another way to become more frugal. Gym memberships can be expensive. If you’re not going to the gym at least twice a week that membership could be considered a waste. You should cancel it and exercise at home. Working out at home can be very easy. You can grab some weights and a small mat from your local thrift store and start a workout plan. If weights aren’t your thing, you can look at hundreds of workout videos on YouTube.

Use coupons

Using coupons is a very popular thing to do if you’re frugal. There are coupons for a lot of items out there these days. It doesn’t make sense to pay full price for things anymore. There are several websites online where you can find coupons.

 



{ 1 comment… read it below or add one }

1 Intelligent Trend Follower November 25, 2016 at 8:07 am

Great tips Jason – it’s crazy how little things like buying in-house brands rather than premium names can have such a big impact on your personal finances over the long term.

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