Frugality as a Way of Life

Many, though not all, certainly, come to a life of frugality through necessity. If one is to overhaul a household and get back into the black there are a few preliminary steps which must be observed. First, look at what your take home pay is--the actual amount of cash (not considering that raise or bonus you are hoping for--since one cannot reasonably live on "expectations") that is your weekly or bi-monthly remuneration.

Then, look at your outgoing expenses, starting with those fixed necessities such as rent, utilities, car payment, life insurance, commuting costs. Deduct these. Look, then, at variable expenses--food, clothing, toiletries, recreation/entertainment. It is almost a certainty, for most of us, that we will be able, given some discipline and resolve, to cut these variable expenses. It is necessary, at this point, to be able to make the distinction between "need" and "want." Example: I need shelter and sufficient caloric intake vs. I want a McMansion and gourmet meals delivered to my door.

Reducing household costs: Let's start with the lights. Whenever possible, turn off those lights, which have been, hopefully, changed to long-life bulbs utilizing less power. Whenever possible, open the curtains and blinds and LET THE LIGHT (and the fresh air) INTO YOUR LIVING SPACE!!! Do not leave lights burning in empty rooms because "I'm going back in there." Turn off that television, radio, charger, computer when it is not in use. Every second these are left on when not in use the utility company might as well be siphoning the cash directly from your pockets into their coffers. If you're not using it TURN IT OFF!!!

A word regarding air conditioners: unless it is absolutely unbearable leave them off. Drink plenty of water, wear less and lighter and looser clothing, fan yourself, think cool thoughts. If it must be on at all set it at 78 degrees. Close all the shades, in this case, to keep the sun out. Keep doors and windows tightly shut to keep the cool air from escaping.