The definition of frugal according to Dictionary.com…
fru·gal
1. economical in use or expenditure; prudently saving or sparing; not wasteful. Synonyms: thrifty, chary, provident, careful, prudent, penny-wise, scrimping; miserly, Scotch, penny-pinching. Antonyms: wasteful, extravagant, spendthrift, prodigal, profligate.
2. entailing little expense; requiring few resources; meager; scanty: a frugal meal. Synonyms: scant, slim, sparing, skimpy. Antonyms: luxurious, lavish, profuse.
The key to starting a frugal living lifestyle is to STOP and THINK about your choices. Starting today, question every purchase.
- Is it a need or a want?
- If it's a want, make yourself wait at least 2 days before buying…the impulse will likely pass.
- How can I get it for less? Read on…I'll give you lots of options to avoid paying full price.
- Follow this mantra…use it up, wear it out, make it do or do without. How's that for frugal wisdom?
Frugal living truely becomes second nature, and once you get it in your system…it's hard to go back to paying full price!
The Budget Diet girl would like to share a few of my favorite ways to avoid paying full price.
- Discounted Gift Cards: Make a habit of stocking up on discounted gift cards for stores you normally shop like Target & Home Depot! I just bought a $168 Home Depo gift card for $150…how’s that for instant savings! Buy Discounted Gift Cards For Up To 30% Off at Cardpool.com!
- Thrift Stores and Consignment Shops: Once you score your first amazing deal at a thrift store or consignment shop…you’ll be hooked! Don’t expect to find a treasure every time, but try to shop these stores first!
- Grocery Savings: The grocery store is the easiest place to save your money! The Budget Diet girl suggests taking this quiz to determine what kind of grocery shopper you are, and then discover your best way to save money at the grocery store for your shopping style!
- Lower Your Bills: Take advantage of opportunities to lower your utility bills and insurance rates! At least once a year, shop around to make sure you're getting the best deal from cable companies, cell phone companies and more! Yes…it is a hassle to switch insurance companies, and it is time consuming to switch from Dish Network to Direct TV, but if savings are important…it is worth it! You'll be surprised that your current company may lower your rate if they know you're about to switch.
- Freebies: Free things really do exist, so get in the habit of visiting The Budget Diet’s freebies page everyday!
- Coupon Codes: When shopping online, take a moment to find a money-saving coupon code or let sites like Ebates do it for you. There's an added perk to Ebates…you'll earn cash back for every purchase!
Now…go forth and be frugal.
Remember your new mantra…use it up, wear it out, make it do or do without.
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image courtesy of Stuart Miles, FreeDigitalPhotos.net
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In full disclosure, this post contains affiliate links to help support The Budget Diet girl! My advice will always be unbiased and free, but free won’t pay the bills! Thanks!