This is why you should be more frugal

Thoughts and witterings on how frugality can help you achieve your financial goals.

For ideas on how to live a more frugal and simple life, you can find me in the following places:

#frugalliving #frugallivingUK #savingmoney #frugallifestyle #frugalhome #frugalhacks #livingonabudget #decluttering #makingmoney #ebay #budgetDIY

[dustinquinton]

Always buy frozen fruits and vegetables. The company freezes at the peak of ripeness and it’s a lot cheaper. Plus, it never spoils.

[maryannrogers]

I bought myself a condo at age 23 as a nurse in USA in 1986. It was hard to do it back then and I worked an extra shift each week to pay for it. I didn’t want to keep spending money on rent each month when I could buy a condo on my own. I’m very intentional and mindful with my hard earned money.

[kitchenworker]

Truthfully Jane...I have lived what is now called a frugal life for most of my life...because I simply had no choice. I have never been fortunate enough to be a high earner, and money has always been tight. I cannot remember the last time I bought myself new clothes, ate out, had the heating on whenever it is cold, well...the list goes on and you can get the gist...this way of life is the norm and not a choice...I can remember when I was younger (I am now 63) thinking "I will know that I am well off when I can afford to buy a big jar of marmite instead of a tiny one..." I still haven't been able to do that!

[midlifehuff]

Really good advice as always, it is so hard for people to save to buy these days. For many years I have been the sole provider on low salary, recent years (6/7) that changed, I would say I earn a very good wage - this meant my daugher's funding options for Uni were cut, I didn't have a pot of gold (due to paying for everything) so she didn't go to Uni and got a job. Her potential was spotted, she's excelled, in 2020 she bought and renovated a house with her partner both at the age of 20 - they had to put almost 20k deposit! on 190k house, they did most of the work, family helped out with pennies for bits, they have struggled adjusting financially, but manage. A bit off topic (I know) she's since completed a degree, professional qualifications, spoken at national conferences, became a school governor at 24. She's one of the lucky one's, I know that, I'm not gloating, just a proud mum, but I guess what I'm saying is any dream is possible

[workinprogresssince]

I've noticed that modern retail advertising demands that we be impulsive about our spending, and buy new even thought what we already have is adequate. We are convinced by advertisers that if you are not updating your home all the time you are inadequate and off trend and that you can quite literally eat whatever you want and get it delivered to the door without thinking about the consequences to health or finances. I feel sorry for the younger generations that have been brought up on this kind of advertising, constantly telling them they have to do bigger, better and to hell with staying out of debt. And all the while financial education to help them spot the pitfalls is woefully lacking.

[shelleyk]

I just found your channel today, good advice given and I enjoyed watching. I’m 52 and I try to overpay my mortgage every month with whatever money is left over. I started doing this last year and so far it has amounted to over £2, 000. My goal is to be mortgage free in 4 years. Subscribed.

[tracyburton]

My daugher has a 17-year-old and a 19-year-old - goodness I can't believe how much washing she does!!

[kidzngrandkidz]

When we got married in 1972 hubby was in the forces, we lived in rented accommodation in Germany but saved X amount of £’s each month before we touched his wages, when we managed to buy our first house in 1976 it wiped our savings out but we managed to furnish our home on a budget with second hand stuff and it was so satisfying, we didn’t have a car, no central heating, just like most other people around us, 1 wage made this possible, today 1 wage just isn’t enough in fact 2 wages are starting to become not enough, and it’s not always a case of people wasting their money, just getting by and being in credit is an achievement these days. So glad you enjoyed N. Wales, we retired here 22 years ago and love it.

[KS-jfjf]

Love this ❤ Pretty much all the things of frugal life you describe, are actually those of an environmentally friendly life. Frugality to me really is the way to preserve our planet ♻️💚

[carmenalinaiancu]

Following from my earlier comment, today there was a food festival near me. Everyone at work was going. Because it was sunny, i decided to stay home and do some gardening. I feel proud of myself for that: I have saved some money and my garden looks so much nicer ❤

[ebikescrapper]

Make your of own cleaning stuff.
Have a throw on your couch, cover your body when it gets cold.
Measure the amount of water your mop bucket holds, only add the amount of chemical manufacturer recommends. The data sheet will tell you the diluation rate, ask manufacturer for it.
Ask coffee roasters for the plastic bags they get the coffee in, use as bin bags.
Keep bits of soap, melt together to form new bar.
.

[irenemacginley]

Just cane across this video which i really enjoyed listening to. Couldn't agree more with what you said. I'm in a reasonably comfortable position (no mortgage) but i love adopting little frugal habits....😊

[Rainbowtree]

I brought up my three daughters up on my own. As teenagers they did exactly the same with the washing as your daughters. I use to fold clothes and put back in wardrobe. I never had a tumble dryer either, could not afford one and still dont have one today. My youngest daughter is now living with her partner in Islington in a rented flat and they pay £1700 a month between them. My oldest daughter did manage to pay rent with her partner and save for a house they bought in Cambridge. They both worked really hard for the deposit and went without many things but they did it. They are married now and live happily in their house. My daughter tells me it was so hard. She is frugle and her husband is not so much. I agree its so hard for young people today. Good video.

[KerryJames-lz]

I have stopped takeaways though going next week with my daughters and friend to Mexican restaurant

[KerryJames-lz]

Yes can relate about turning lights off no I don't want a clothes dryer yes minimise laundry

[HelenFowler-gb]

When my now grown up son was a teenager I remember saying to him that maybe the only way to be able to afford his own place was to go north. Quite a few years later and after lots of saving he bought his own place last year in Scotland. It's sad that he has chosen to be so far away but in order to have the security that he wanted (not renting) he had to make a difficult decision. However he's got a house that would be way beyond his means where we are and is able to afford renovations too. Great advice as always Jane.

[lisejacquelinerigault]

I always been very frugal, buying second hand. I have had my car ten years, second hand, but very low mileage, failed the MOT but for little things. I buy second hand clothes, books etc. Just been to the broker to reduce my car insurance to third party as it is old and living in France took an hospitalisation only insurance. I have a small house in London that I rent out, and I go between tenancies for a couple of months to put it in order. I was shocked by the reading of the smart electric meter that my previous tenants had installed last year...however, the reader was very useful to keep the usage in check. I intend to go back to live in my London place next year, and I will have to be extremely frugal as my income will be considerably reduced. However, food in UK is still cheaper than here, but council tax is very high where my house in SW London is located. I won't be running a car as public transport is free and excellent. I will initially keep my French house as a second home for a couple of years, to make the transition easier. Then reluctantly sell up as I am getting older, and no strength for the upkeep anymore. My only daughter is also very frugal, and careful with money which is a good thing.

[teeadvocate]

We're frugal because retirement and extended care can be very expensive. My partner and I enjoy being frugal but still enjoy holidays as a treat for living in this often crazy world. Nice one Jane!

[roslinney]

Everything you said reminded me 20 plus years ago when I divorced. I had always been frugal but was even more so. I too had cheap holidays with my daughter. My daughter is not so frugal as me but she has saved and bought a house, . As usual, a good video.

[pensivepensioner]

A fantastic video, Jane, everything you said is so true. Your video should be shown in every secondary school in the country. Unless kids are shown the truth of budgetting and frugality they will never learn. It's such a shame that many learn the hard way by getting into debt. I'm 74 and managing on a basic state pension (just about) so frugality is a way of life. Angie x