Why I’m So Frugal

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I haven’t always been as Frugal as I am now. In my 20s I had no idea how to budget my money and often would spend the final week of the month living off my credit card. However, now I’m older and wiser I am much more frugal. I think frugality can sometimes be equated to “being cheap” but I think being frugal is more about being smarter with your money.

This fits so well with my minimalist lifestyle because when I’m frugal and smarter with my spending, it means I have more money for the things that bring me enjoyment and more money to put away and save for the future.

So if you want to be smarter with your spending I’m going to go through some of the ways that I am frugal. You may not find all of these fit with your lifestyle and there may be things you don’t want to do and that’s okay. We’re all in different situations and have different needs and preferences, but hopefully, you’ll find some of them helpful.

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MUSIC

CHAPTERS
0:00 Being frugal doesn't mean "being cheap"
0:45 Buying used over new
1:24 Not upgrading if I don’t need to
2:00 Put spare money into savings
2:58 Compare prices for insurance
3:35 Meal plan
4:08 Batch cook
5:00 Not buying lunch out
5:31 Don't buy branded foods
6:32 Turn off lights when not in a room
7:05 What I DO spend money on
7:13 Get my car serviced
7:41 Technology that reduces friction
8:13 Buying quality items for the home

[RichardTouchfaith]

Initially was frugal because I was poor and was trying to build wealth. Now I can say I've achieved that wealth, but older now I realize my life is about minimalist and using our resources wisely. No reason to buy to impress. Life is easier with less.

[AdamEverette]

I stopped paying for Starbucks, and it changed my life!

[KimberlyRikal-cucu]

LIVING VERY SIMPLE IS PEACEFUL. LESS TO CLEAN. LESS TO MOVE. LESS TO BUY

[someothername]

I stopped buying buying buying when I realized that my extra possessions was just causing me stress. You need very little to be happy in life - focus on those few, important things.

[lumo]

Thrift shopping save me so much. I also cook daily and budget wisely. I save more than i spend.
Retiring comfortably and regret NOTHING.

[cassetoi]

I stopped all my subscriptions as I realised I did not need SKY, Netflix etc. I have saved a lot of money and to be honest I am happy watching interesting stuff on YT. I read more now as well.

[Helenamaedance]

What you are describing is what people did years ago before we were turned into robotic consumers. I’m a single mum, so one salary household, therefore the key to living comfortably is planning and being mindful. It’s also teaching my son how to live within your means. We have a good life and are very happy. It took a while to wean ourselves off Deliveroo! But now we don’t even think of getting delivered food - why is this even a thing! My tip is; don’t think you’re depriving yourself actually you’re staying debt free and possibly saving for important things.

[BoninBrighton]

I’ve been unwell for 3 months and stuck at home recovering and what I’ve noticed is how much money I’ve saved! I’m quite shocked tbh just how little I’ve spent.

[asavannah]

My husband and I haven't spent a penny yet this month. But tomorrow we will spoil ourselves with a take away.

[mwebb]

January 1 I started a 30 day no buy challenge and I stretched it to 90 days!! I have never done this before and I am 59! I did buy some clothes, kitchen gadgets and lawn/garden items last month but they were things I knew I needed or wanted. I highly recommend a no buy challenge to help you determine what you really want or need.

[squirrelcovers]

I have everything I need. Because I've always been CHEAP AND PROUD of it. I've retired debt free at 49 years old.

[sct]

I do the reverse of meal planning, we do have a rotation of meals, but now I plan my meals with what is on sale instead.

[freedomofspeech]

I ask myself, 'do I need it or do I want it?' If the answer is the latter I don't buy it. I have had the same sofa for thirty years and it still serves its purpose. I wasted too much money in my younger years thinking I'd have all the time in the world to earn it back. The years have flown by like lightning and I have come to realise the true value of money. I live in Italy and there are many second hand street markets with good quality clothing for a couple of euros. I buy from them, come home, wash the item and then iron it with a hot steam iron to sterilise it. You are right about the supermarkets' ow n brands. I know someone who works in the local supermarket and he told me that the top of the range brands and the supermarket's own brands are delivered by the same guy from the same factory. I have stopped buying biscuits and cakes and make my own. I take great delight in my money saving skills.

[txspacemom]

I've always been frugal. I have always been hyper aware of waste and try to reduce as much as I can, or just don't by or use it. I don't pay for any apps or streaming. Books are my friends! It never bothered me that I wasn't keeping up with trends. I live a pretty decent life. I call my life curated and I love all the things I have, but I am not a weekly or even monthly shopper.

[RosaGrau]

I hate used clothes. But I make clothes last for decades.

[valerierogers]

I grew up with the philosophy of take care of the pennies and the dollars will take care of themselves. Made cents to me 😉

[np]

A big eye opener for me was deciding to go on a diet because I was becoming overweight. Keto was fantastic. I then tried carnivore. I feel and look better than ever. I save so much on food shopping now. I also eat much less as I’m not getting hunger cravings from eating processed rubbish.

[demuxhj]

Very good advice - only one not for me is I hate second hand clothes. I don’t get tired of my clothes and buy very few but they are new and mine and have never been someone else’s and that’s a big deal for me.

[johnurban]

I like how the word cheap has changed to frugal. I’ve been frugal my whole life but was always called cheap

[lunadeloba]

Im very frugal too, since 2 years ago. This gives me too much tranquility and helps me to save a lot of money, its also a more sustainable way of life. Greetings from South America