For those who are unfamiliar with FRUGAL actions, let's define what that small word is and what it signifies. Frugal means using less; it's basically a minimalistic approach to life and how you can perform a lot of tiny tasks in a very inexpensive way to save more money, resources, and live a lower wastage lifestyle. Its also about choosing quality over quantity.
In a rapidly escalating economy that appears to be approaching its terminal velocity, this article will test how far you are willing to go and how these thrifty ideas can help you save moving forward.
For years, frugal ideas have been popular, and some people enjoy figuring out how to save money and resources. It's sometimes regarded to be a bad habit exclusively for the down and out. That, however, is a myth. Although we do not all have to practise it to the maximum extent, choosing a frugal lifestyle may surely educate many of us how to live more simply, spend less money, and engage in less consumerism, all of which adds up to more savings.
Frugal has sometimes been associated with the assumption that the frugal lifestyle is usually done on the cheap, however this is not the case! Living more frugally means putting quality ahead of money. It's also about taking the time to properly care for your products and assets so that they last much past their expiration date.
So, if you're wondering what you can do to save a little more, live leaner, and make things last, let's get started to show you how frugal living is possible.
Consider to reuse or upcycle
In our new reality of recycling and upcycling, it is a better alternative to choose to keep valuable items for charity, or to recycle. There is a wealth of information on the internet about repurposing, recycling, and repairing things yourself, particularly in the DIY business. Learn more about the 3 Rs of reduce, reuse and recycle
Cook your own meals
Going out every day to consume fast food and junk food is neither frugal nor healthy. So, consider preparing some of your own meals this coming year. Home cooked meals are certainly more nourishing and less expensive, and planning meals and grocery budgets can help you save a significant amount of money monthly. Whenever you can, try to freeze items that freeze well, so that you have less wastage when it comes to your pantry. Alternatively, here are some great reasons why Cooking at Home is so important.
Get discounts and save money
Keeping an eye out for discounts or promotions is another popular money-saving strategy. The 3 for 2 deals can be pricey at times but buying in bulk can save you money in the long run. If you want to be more savvy, check out the 22 Deal Sites for the Penny-wise South African to ensure you never miss a savings opportunity again. Being frugal with your money means only buying what you need and sticking to that single rule.
Walk cycle or carpool
If you have friends or family who are travelling in the same direction as you for work, chances are they are also looking for ways to save money on monthly expenses. Carpooling is an excellent method to save money. If your commute isn't too far, walking or cycling to work might save you a lot of money, especially given the current fuel prices. Furthermore, walking and cycling will keep you fit and healthy.
Drink more water
The body is made up of 75% of water, and in the body very little other substances are needed. Why not stick to water in the week for a tighter budget and less of that indulgent side brew.
Declutter
If you have stuff that you no longer use or need, why not be frugal and sell them online to make a few rands while also giving those items a second chance to be in their life cycle for a longer period?
Be one season behind
This one may seem difficult but being one season behind on shopping is always a great way to save extra rands. Buying winter clothes in summer and vice versa is a great way to save on your clothing. End of season clothing is always at a great price and as most large retailers make space for the new season of garments, the items out of season normally have massive, discounted options.
Spend time at home
Why not organise a movie club night and have a movie marathon instead of going to the movies? Snacks are much less expensive and watching movies at each other's houses is free. Create a monthly roster to ensure that everyone gets a fair turn.
More reasons to save
Are you seeking additional ways to reduce your spending? Here is the definitive list to assist you in improving your frugal way of life. Here are 6 Uniquely South African Ways to Save Money, ranging from thrift store shopping to joining a Stokvel. This list will inspire you to adopt a more frugal mindset.
Frugal living does not imply being stingy; rather, it entails being extremely prudent and observant about where and how you spend your money. If you were truly committed to saving money through frugal living, you would be amazed at how much you could save in a year.
