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10 Ways Being More Frugal Can Impact Your Life

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“I have learned to seek my happiness by limiting my desires, rather than in attempting to satisfy them.”
John Stuart Mill

. . . .

Adopting a more frugal mindset can change and transform your Life in many positive ways. It can teach you the true value of money and how to save and invest for the future and for retirement. It can change your thinking habits when it comes to spending money in general.

These are just a few ways in which becoming more frugal can impact your Life.

Note: If you have any frugal ideas or tips, please share them in the comments section below.

1

You might go to the public library more often.

For starters, there’s a place called the public library, which as a tax payer you have the right to:

  • Borrow books and other media like CDs, DVDs and audio books.
  • Attend FREE concerts and other special events.
  • Use the internet, or use their FREE Wifi.
  • Buy used books.

2

You just might end up reading more books.

If being frugal and re-discovering the public library has changed you, you might be reading more novels and fiction, or borrowing gardening books and home improvement books for DIY projects.

3

You might take more long walks with a friend or loved one.

Lose the gym membership and simply take more walks, or take up running and just head out the door. For weight resistance training why not buy an inexpensive set of free weights from Craigslist or Ebay.

Walking through parks and scenic vistas can be more enjoyable and it’s quite FREE. Walking with a loved one can be more romantic than going to the movies.

4

You might take up gardening, and grow your own fruits and vegetables.

With the cost of produce rising each year, it can help to have your own garden with tomatoes, onions and some citrus trees. If you don’t have the land there’s still ways to grow plants indoors or out on a balcony. And participating in co-ops can be a new fun, social experience.

5

You might clip more coupons and start buying coupon books.

Everyone’s always looking for a good deal, and if not, maybe it’s a good time to start. All the major supermarkets and super stores like Target and Walmart offer coupons to additional savings.

6

You might go to the movies less, or take advantage of Tuesday nights and Sunday matinees.

The Senior Citizens have been on to something for years. When all the younger folks attend movies on Friday and Saturday nights and pay top dollar, the Senior Citizens are going to the Sunday Matinees and saving by paying half price (in addition to their Senior discount). Also, the first showings of any day can be greatly discounted, for people who have a different schedule and work at night.

7

You might want to re-think shopping at the mall.

People still go to the mall, even when the economy is down. But, there are so many other shopping choices out there, many of them are obviously online. And eBay’s been around too. But let’s not forget garage sales, parking lot sales, thrift stores, and estate sales.

8

You might travel less, or seek out better travel bargains.

There are deals out there if you look for them, and they are usually offered by the airlines themselves or online travel sites like Expedia, Travelocity, etc. The option also exists to travel on non-peak months. Then again, your attitude about traveling frivolously might change when other frugal activities become more meaningful.

9

You might dine out less, and become a gourmet cook at home.

Eating out is a luxury, and if you can afford to do it almost every night then that’s great. But, think of all the money you’ll save for things like traveling, if you eat at home. You might explore ways to eat on a budget of $5 or $10 a day. Or you might get into gourmet cooking (which could be expensive if you shop a Williams-Sonoma). But let’s face it, people can simply save more money by eating at home, and chances are you can eat healthier at home because you can control what goes into your mouth.

10

You might drive less, and walk or bike more.

In terms of traveling to get to work or daily destinations, being frugal might change your outlook, especially with the rising prices of gasoline and diesel.

You might move to another city where your job would be closer to home. You might find a job in which you can bike or walk to work. And you might find ways to telecommute and work from home, either full-time or on certain days.



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About the author:
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Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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