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How To Live A Frugal Lifestyle: Saving Money As Your Golden Rule

Updated on March 14, 2011


SAVING MONEY AS A WAY OF LIFE


There are many ways to save money and we've all heard most of them more than once. Here are some more great ways to save money that perhaps we haven't all thought of...or at least maybe not in a while.

My philosophy is this: I look at saving money as a game....me versus the economic world. I always think that I want to be as strong as I can be in all aspects of life. I also want to be able to endure (meaning be disciplined) and I also want to get the most bang for my buck that I possibly can. That doesn't mean I consider myself cheap.  I would say I consider myself thrifty instead...or frugal.

With a little creativity and a little education on what is driving up the cost of living (literally), we can all become winners in the money game!

All of us can come up with other individualized ways to save money as well. Please share your thoughts below for all of us to read.


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public domain clipart


TIPS TO SAVE MONEY EVERY DAY OF YOUR LIFE


Program your thermostat and turn down your thermostat.  If no one is home, why should you be heating or cooling your home?  It should be programmed to a comfortable temperature only when someone is at home.  Reduce the temperature or increase the temperature depending on the time of year at all other times.

Use what nature has provided.  Ventilate your house to reduce the temperature in the hot season and block the sun during the heat of the day.  Conversely, let the light in during cold and dreary days to increase the temperature inside your home naturally. 

Rewards, rewards.  Always try and use cards of any kind with rewards, whether they are credit cards or store cards.  Every penny you spend should be associated with a reward of some kind.  Try and find the cards that best suit your needs in terms of rewards and use those over cards that don't give you anything back.

Change over to compact fluorescent lights instead of using regular light bulbs.  While it may be an outlay at first, you'll save money and realize your investment shortly.  CFLs use about one quarter of the power that a regular light bulb (incandescent) uses.

Invest in ceiling fans, space heaters and floor fans.  Use them regularly instead of turning up or turning down the thermostat.  Get used to not turning on the AC unless the inside temp goes about 75 or 80.  Get used to not turning the heat up unless it dips to 65 or so.....and turn it down to 58 at night.  Get a thermal blanket or use down comforters if you're cold to save money....and snuggle up!

Don't buy anything without researching where you can get a better deal.  That includes hotels, vacations, pet supplies, clothing, cars, homes, insurance!  You are the broker for your own personal finances and with a little effort, you can learn to save yourself thousands of dollars by doing the research.  Pat yourself on the back when you see that extra money in your account every year.

Older is sometimes far better.  You don't always have to have the latest gadget or the most up-to-date new thing on the market.  My husband has a theory and it's always proven to be a good one.  Don't buy the cheapest of anything because chances are, it'll wear out or break.  But don't buy the most expensive either.  Buy something in the middle and you'll always be happy with the purchase.  Same goes for models of things.  Phones, cameras, DVD players, TV's, appliances....these things are obsolete the day they hit the market.  So why spend money on the top of the line?  Maybe buy a slightly older model - it will do the job and save you money!  But buy good quality anything if you want it to last.


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public domain clipart


MAKE BEING FRUGAL A PHILOSOPHY


Don't leave chunks of money in your checking account.  Transfer it regularly into your savings account where it can earn interest and be making money for you.

Treasure what you own.  Take care of everything you own.  This includes shoes, clothing, pets, your health, your home, your car.  Everything that you own should be looked at as if it was the most precious gift because it is.  Think of the people in the world who can't afford things and then look at your own belongings with a new eye.  By taking care of things from soup to nuts, you'll get more distance out of everything, including yourself!

Don't scrimp on the essentials such as insurance against catastrophes, health, and safety issues.  An ounce of prevention is always worth a pound of cure.  Trying to cut corners on pet foods or people foods for that matter is a sure prescription for paying more money in the long run.  Don't cheat on the things that are important!

Drive less and when you do, drive smart.  Don't accelerate and slam on the brakes but rather drive at a consistent rate.  Use cruise control.  You'll see a substantial improvement in the number of miles you get per gallon.  Take back roads and avoid traffic whenever possible.  Or use public transportation, carpool, ride a bike or walk to work.

Look for freebies.  There are many out there from free magazine subscriptions to health club trial memberships to free video freebies.  Take advance where you can and save a few bucks. 

Do it yourself.  Think of how much you can save if you cook your own food, refuse to dine out, wash your own car, do your own housecleaning or paint your own house.  You can save hundreds if not thousands of dollars by performing jobs yourself that you routinely turn over to someone else and pay them to do. Get savvy about what you can do yourself to cut out the middle man.


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public domain clipart


LEARN HOW TO SAVE MONEY ON EVERYTHING


In short, there is no end to money saving tips.  We all have ones that make more sense to us than others but which ever ones you decide to use and if you apply them to your own personal spending habits, you are that much richer already.

Continuing to save money here and there over time will give you more money to spend later on and that's a great thing. 

Maximize what you earn and turn it into higher returns on your money. 

Everyone should learn how to save because let's face it, we all work hard for our money. 

Of course if you have more money saving tips, please share them below in the comments section.

Wishing you every success along the money highway!


6 Funny Solutions to Saving Money

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    • megni profile image

      megni 6 years ago

      Excellent advice and an attractive and well designed hub. I learned a lot. Thanks

    • akirchner profile image
      Author

      Audrey Kirchner 7 years ago from Washington

      Thanks Daisy for visiting!

    • daisyf1305 profile image

      Daisy Fabelo 7 years ago from miami beach

      all you magazine is wonderful and u can go to it online, not only do they have free daily samples that will save u money because they come with coupons but it is fun getting goodies in the mail. The magazine says it pays for itself and it does. Also a great source for giveaways n sweeps.

      By the way I loved ur article I too will be coming back to it.

      Thanx

      http://www.allyou.com/

    • akirchner profile image
      Author

      Audrey Kirchner 7 years ago from Washington

      Crewman6 - Great point on the space heaters....I have one in my office because I'm on the bottom floor and my feet get SOOO cold down here. But if I open the door, it pulls all the heat right out of my room into the bigger rooms....only drawback is Griff can't quite figure how to open my office door unless I leave it ajar for him...he gets a little miffed when he can't come check out my keyboarding....ha ha

      Glad my "pearls of wisdom" are helping....I have only 2 more to go (today) and I will have finally finished all those hubs I wrote for the contest! Yikes....I really have enjoyed them though so guess after a rest on the subject, if I think of something else, I'll be back on the financial trail!

    • Crewman6 profile image

      Crewman6 7 years ago

      More great advice; Monique and I follow much of it, and we're learning more. The CFL's are great, I love them! If I may add a little detail, with space heaters, only use them to adjust the temp of small areas. Trying to heat larger areas with a space heater will actually cost more. (This is coming from someone who must be kept warm at all times!)

      Thanks for the excellent suggestions - We've been applying your words of wisdom to our lifestyle, and improving all the time.

    • akirchner profile image
      Author

      Audrey Kirchner 7 years ago from Washington

      Alexandra - Isn't it amazing what we used to do and forget all about those things? I used my sewing machine a while back to make all my curtains to save money but for some reason, don't think about making myself stuff...me thinks I should join you with the sewing machine!

    • profile image

      SilverGenes 7 years ago

      Up mine too, Audrey! Hahahahaha - the clothes were another winner for me! You know, I used to shop only in thrift stores in the '70s and then sew together my own designs from them. Hmm... maybe it's time to get out the sewing machine again and get daringly creative!

      p.s. I am loving the Groupon thing, too.

    • akirchner profile image
      Author

      Audrey Kirchner 7 years ago from Washington

      Thanks Micky - we all need to do what we can to save where we can.

      Wendy - Thanks for stopping by!

      Pamela - ah yes, self discipline - I've found that that is key no matter what arena I'm in!

    • Pamela99 profile image

      Pamela Oglesby 7 years ago from United States

      Wonderful tips! Now a little self discipline comes in handy. Voted/rated up.

    • Wendy S. Wilmoth profile image

      Wendy S. Wilmoth 7 years ago from Kansas

      This is a good article. I'll use some of your tips!

    • Micky Dee profile image

      Micky Dee 7 years ago

      akirchner- you're right on. We have to do it all to get by now. Thank you as always for your great tips.

    • akirchner profile image
      Author

      Audrey Kirchner 7 years ago from Washington

      Works for me, Dr BJ - I'm actually part German and part Danish and part Frugal....what the fourth part is yet to be discovered! Oy vey - I think I might have found it!

    • drbj profile image

      drbj and sherry 7 years ago from south Florida

      With all these frugal living tips, Audrey, I have a new cognomen for you. The Frugal Frau. Whatcha think? Isn't it catchy?

    • akirchner profile image
      Author

      Audrey Kirchner 7 years ago from Washington

      Alexandra - Isn't that the funniest ever? I started watching it thinking she was going to be really serious - right up my alley!

    • profile image

      SilverGenes 7 years ago

      Audrey, I just love this article and will be coming back again to read it. Oh what the heck, I should just print it out and put it on my wall! Love the part about freebies - I just started using those, too. Great hub and pass the pork rinds!

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