Looking to make the most of the money you’re trying so hard to manage? There’s a simple solution: adopting some practical living principles! Here are twelve that every frugal person should try for themselves.
1. Plan Meals in Advance
Pre-planning your meals isn’t just cost-effective; it’s incredibly practical! Now, you’ll never have to open your fridge and wonder what’s for dinner.
2. Shop Thrift Stores
You can find some magical things if you know where to look, and thrift stores are an excellent start! Shop at thrift stores and see if someone else’s trash is waiting to become your treasure.
3. Take Advantage of Free Entertainment
Free museum days, concerts, and practically everything else is happening all the time around your city; take advantage of them and have fun for next to nothing!
4. Use Your Local Library
Libraries are incredible resources for more than just books. Whether you need movies, music, or just about anything media-related, you can probably find it — and rent it for free — at your local library.
5. Make Cleaning Products
Making your own cleaning products is practical because you likely already have everything you need in your cabinets. With just a few ingredients, like vinegar and baking soda, you can create some seriously strong all-purpose cleaner!
6. Audit Your Streaming Services and Subscriptions
It’s practical to double-check the services you pay for and see if they’re still worth it. So, when was the last time you checked in with your streaming services, and how often do you use them?
7. Adjust the Thermostat
It might not be the most comfortable, but it’s incredibly practical to throw on a sweater or grab an extra blanket and turn down the heat. Even adjusting the temperature slightly can result in significant savings throughout the year.
8. Invite in Instead of Going Out
If you’re tired of spending a fortune going out to eat with friends and family, start inviting people over for a potluck! It’s a fraction of the cost, and you can still enjoy spending time with the people you love.
9. Hit Up Rummage Sales
Like thrift stores, rummage sales are where you can find some absolute gems. Keep an eye out for them on Saturdays and Sundays and see what fantastic items people practically give away for nothing.
10. Always Use a List When Shopping
Practical penny pinchers wouldn’t dare go grocery shopping without a list — and neither should you! Use a list when shopping anywhere, and don’t deviate from it, no matter how great the impulse!
11. Compare Unit Pricing
Sometimes, the smaller can might seem like a better deal. But penny pinchers know to compare the unit pricing to see if that’s really the case. You’re often getting a better bang for your buck with larger items, so they’re the best value if you plan to use them all.
12. Look For Swap Opportunities
Many online marketplaces center around bartering and trading with other local penny pinchers. If you’re looking for something specific and don’t feel like thrifting or rummaging, this is a way to get similar results by searching on your laptop from the comfort of your couch.