Sunday, January 26, 2020

Frugal Strategies to Stretch Your Budget

Here are some of my favorite strategies for saving money. Since everyone's situation and resources are different, these may or may not work for you. But feel free to adapt any of these strategies to your own way of life. 

Frugal living is a tool, which you will want to tailor to the way you live. Use these tips as much or as little as you want, according to your needs.

Get it for Less ~ Find a cheaper source for things you already buy. Do your research and challenge yourself to always the lowest prices. Be on the lookout for new sources on a regular basis, you may be surprised at what you find. 

Make It Last ~ Take care of what you own to make the item last as long as possible. Maintain your tools both inside your home and in your garage. Learn to do your own home and car maintenance and repairs. There are many ways to stretch the life of the things you own. YouTube is a wealth of information on this topic. 

Use It Less ~ Conserve your time, energy and resources. If you plan out your shopping trips and only go once a week, hitting everything you need to, then you are using less gas, and causing less wear and tear on your car. If your home is properly insulated, you are using less electricity or natural gas to heat/air condition it. You can get longer use out of light bulbs by remembering to turn lights off when not in use. The same goes for items that use batteries. 

Use It Up ~ Use up those leftovers in your kitchen, use the food scraps to either make broth or compost them in your garden. Reuse items you would normally throw away. 

Plastic containers, glass jars, cereal boxes, peanut butter jars, and sour cream containers call all be reused in a variety of ways. Be resourceful and creative to use up those things you already own.

Wear it Out ~ Get the full use out of something before you toss it. Maintain, repair, repair again, and recycle. When those items get worn out, recycle them in your own craft room and garden.

Make It Do ~ If you don't have what you need, find something to fill the void until you can find an inexpensive alternative. 

Do Without ~ Ask yourself if you really have to have the item in question. When it comes down to it we don't need as much as we think we do. Frugal Queen mentioned on Facebook this week that they need very little to survive. Whenever possible, do without to save money. 

Make it Yourself - If the things you need are too expensive try and come up with ways you can make the item for less. Many of my readers know I upcycle scrub shirts to make my daughter's cloth pads with. There are multiple YouTube videos that will show you how to do just about anything you put your mind to. 

Grow Food ~ Shocked at the prices of food in the grocery stores these days? Have you thought about growing some of your own food to save money? You can grow herbs, tomatoes, leaf, iceberg, or romaine lettuce, greens, onions, brussel sprouts, etc. The possibilities are endless. 

Trade it ~ Barter your goods and skills for something you need.

Put The Word Out ~ You've heard the term networking? Not only is it good for your employment, but it can also work when you need something. Tell others when you need something in particular. 

On my personal Facebook page I've seen requests for glass jars and egg cartons from teachers and I've always been able to help them out. Oftentimes you can find exactly what you looking for at no cost. 

~ Living within our Means ~
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  1. Belinda,
    This is all good advice. If a person would just do one extra thing not employed now, money would be saved. Some people look at a list of things to do to be frugal and give up. One thing at a time is all it takes.

    1. Thank you and I step at a time is all it takes some times. :)

  2. I used to have a monthly goal to find one way to save what we need on an ongoing basis. I stopped, because i found I could only truly accomplish it every other month or so. But, it kept me thinking of new things that would reduce our costs on an annual basis.

    1. That's great that you were able to think of new ways to reduce your costs on an annual basis. :)

  3. All good advice. I know these tips have sure helped me.

    1. That's great, Kim. I'm so happy for you paying off your home.

  4. Great tips.

  5. This is a good list of tips. I do most of these, still it's nice to have a reminder. :)

  6. Wonderful tips. Thanks for sharing them.

    God bless.

  7. Following the guide as you list personally relieves my falling into debt. For myself, I proved that your list removes me from being in the group that owes its soul to the company store.
    -memphis metro

    1. That is a good list to be removed from too, Anna.

  8. Way cool! Some very valid points! I appreciate you writing this article and also the rest of the
    website is also really good.


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