Who says that you have to spend a fortune to dress nicely? Use the same kind of strategies for clothes as you do for groceries. Wait until things go on sale and use any available store specials and coupons. These are some great suggestions for filling your family’s wardrobes frugally: In And Out of Season: The best time to buy winter clothes is during the spring, and vice versa. Some department stores slash their out-of-season items 50% or more during the current season. Buy clothing and accessories when they are on sale and store them for the coming year. Don’t…

FRUGAL: you see the value in a dollar and look for ways to maximize it whenever possible. Save on Your Commute If you live in an area with a good public transportation system, it may not be worthwhile to buy a car. The same may be true if you work at home or otherwise live within walking distance of places such as the grocery store of the doctor’s office. Therefore, it may make more sense to use a rideshare service or simply borrow a friend’s car for the afternoon if you need to make a trip out of town. It…

Live differently! Employ habits that allow you to live on less while enjoying more of your time. By following these habits, you can enjoy the freedom of being able to live without the crushing stress of debt and the need to keep up with consumer trends. Habit #1: Develop emergency savings If there is one thing that can send your finances into a tailspin, it’s an unexpected expense. This can be anything from a car repair to a hospital bill or a speeding ticket. Develop an emergency savings plan that allows you to plan for these expenses so that they…

When it comes to being frugal, it’s a learned process that can become a habit as it’s practiced on a daily basis. If you grew up with parents who were frugal, it’s likely that you’ve developed frugal habits. The same is true if you spend unwisely. It becomes a habit that you don’t often realize is costing you extra money and delaying your goals like saving for a new car or home. When you want to practice daily habits regarding frugality, you’ll need to identify and stop those habits that are keeping you from your goals. Social Spending and Peer…

Being cheap is about spending less and almost never about quality; being frugal is about prioritizing your spending so that you can have more of the things you really care about. Those who are cheap are often afraid to spend money and will sacrifice quality and value in order to cash in on short-term savings. Everybody knows a cheap person, and probably dislikes them. But I think we often mislabel frugal people as “cheap”. In this article, you’ll learn difference. Meet Your Average Cheapskate If you enjoy saving money at least as much as you enjoy spending it, you may…