Living frugally is not about deprivation but empowering yourself to make smart choices that stretch your budget further. There are many frugal money habits that boomers used to do that millennials and Gen-Z should steal and start doing in their own lives.
By adopting these simple habits, you can take control of your finances and save money without sacrificing your quality of life. From cutting down on streaming services to maximizing rewards programs, here are seven easy frugal habits that Boomers were actually right about!
1. Free Outings
Look on social media for free events in your area. Many communities host concerts, festivals, and other activities at no cost, providing entertainment without breaking the bank.
2. Practice Minimalism
Embrace minimalism by buying only what you need. Decluttering and focusing on essentials will save you money, reduce stress, and increase mindfulness.
3. Cook and Meal Prep at Home
Save time and money by cooking and meal prepping at home. Not only is it cheaper than dining out, but it also allows you to control portion sizes and ingredients for healthier meals.
4. Cutting Down and Hydrating
Practice portion control and hydrate using a reusable water bottle. Drinking water instead of purchasing beverages will save you money while keeping you refreshed.
5. Make Your Coffee at Home
Skip the expensive coffee shop trips and brew your coffee at home. Investing in a quality coffee maker and beans can lead to substantial savings compared to daily cafe visits.
6. Cut Down on Your Streaming
To save money, limit your streaming service subscriptions to one at a time. Focusing on one platform at a time allows you to fully explore its content before switching to another service. There are also a lot of free streaming options for you to try!
7. Commute by Bike
Commuting via bike whenever possible can save on fuel costs and give you a workout. Bike riding is eco-friendly and is good for your physical and mental health while reducing transportation expenses.
