10 Tips for Living Frugally

By Regina Paul, published Feb 06, 2007
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There is a huge movement in this country of people who are learning to live within their means rather than using credit cards and other forms of credit that can get you seriously into debt. While some may laugh at those who make their own home cleaning products, and freeze their leftovers, there is something to be said for learning to live frugally and within your means. For one thing you can save money a lot easier, and for another you can actually make extra cash. Here are 10 tips for living frugally.

1. Clear out the clutter. One of the first things it is crucial to learn to do if you want to live frugally is to clear out the clutter. Most of us are like pack rats holding on to old furniture, clothes, toys and even art supplies way past the time we should. Think how much money you could save if you take the time to slowly go through your house, and storage lockers and begin getting rid of those things which you do not use now and will probably never use again. You may find you never need to pay for extra storage again, and just think of what you could do with the extra money!

2. Organize your home. For everything a place, and a place for everything is an old saying, but it is also a true saying. Once you have cleared the clutter from your home and any other storage areas you have (and hopefully gotten rid of the ones you are paying monthly fees for), designate a place for everything in every room. This does not have to be done overnight, in fact it will work better if you do a little bit at a time until you complete the project, even if it takes you several months or a year.

3. Instead of getting rid of and replacing clothing that may only be missing a button, or needs a patch on the knee, do the repairs. Make a time each month to check for clothing that needs minor repairs and then do them. Now the money you might have spent purchasing something to replace these clothing items can either be saved or used for something else you really want or need.

10 Tips for Living Frugally

Living frugally means you have more of this!

Credit: Jane M Sawyer and www.morguefile.com

Copyright: Jane M Sawyer and www.morguefile.com

Takeaways
  • Going for the spare look when it comes to furniture will make it look as though you have more space.
  • Cutting out the clutter is the key to beginning to live frugally.
  • Replacing buttons and adding patches to jeans will save you a lot of money if you do it instead of replacing the items.
Did You Know?
You can even make money by selling those gently used items that you no longer want to keep.
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