How I save money each month? | 10 Minimalist and frugal tips
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Despite the challenge of making ends meet, it’s possible to have a little extra cash in your pocket.
Here are ten budget-friendly strategies I use each month to make sure my money stretches as far as possible!
From focusing on needs instead of wants and using coupons regularly, these tips can help you save in the long run.
Our approach to life impacts our spending habits – from the mindful minimalists who strive for less, to frugal folk looking out for a deal.
Both lifestyles can utilise strategies that will help you save money and I’ll be sharing some of my own personal tips which may appear obvious but are integral in making sure they’re put into practice.
10 Minimalist and frugal tips to save money
No extra services
Take control of your digital spending and get more bang for your buck.
Save money by not subscribing to multiple services with similar offerings, such as Netflix vs Hulu or Spotify versus YouTube Music.
And shift away from cable TV – if you’re already using a streaming service like Netflix, it’s the perfect time to start cutting those extra cords!
Meal prep
Dining out daily can put a major dent in your wallet.
By taking the time to prepare meals ahead of time, you not only keep more money in your account but also gain control over what goes into each meal and just how nutritious it is!
There’s no need for expensive ingredients or complicated recipes – with some simple planning and preparation, meal prepping couldn’t be easier.
My weekly meal preps include carbs, protein, and fiber. Some easy tips to make meal prepping faster include:
- Create simple dishes like stir fry or stew.
- Cook for multiple days.
- Don’t buy fancy or exotic ingredients.
- Portion your meals in small containers or meal prep sets.
Re-using leftovers
Don’t chuck away those leftovers – save them up instead!
Transform your sauces into something new, give life to vegetable scraps in stock or sweet treats and make the most of what you’ve got.
Not only can this help reduce food waste but also create some pocket-friendly dishes along the way.
Unplug everything
Our homes are filled with all sorts of modern marvels that make life more convenient and comfortable.
But electricity can be a budget buster, so it’s important to know when we should unplug what we’re not using or else the bills could add up quickly!
Remember – small appliances like microwaves, electric kettles and toasters don’t need constant power supply throughout the day but chargers do get left plugged in far too often.
Try making an effort only plugging them in when you actually need them for charging something.
Saving water
With an easy switch to water conserving habits, your home can be a model of eco-friendly living!
Cooking with hot water?
Repurpose it by watering the plants around you.
Install aerators in both bathroom and kitchen faucets for maximal efficiency when washing hands or dishes.
And finally don’t forget that little trick while brushing teeth: shut off the tap before rinsing – every drop counts!
For those days where floss is needed try using a Water Flosser instead; its environmental impact may surprise you.
Save gas
Save your gas money by taking a more proactive approach to errands.
Instead of driving, take advantage of the power in your own two feet and try walking whenever possible.
For when you need to drive, make sure each trip is as efficient as it can be – writing out all tasks beforehand so that multiple stops don’t have to be made.
That way, instead of wasting time sitting behind other cars at stop lights (not fun!) you’ll save both cash and precious minutes!
Make a list
Not only does being organized make your life easier, it can also help you save money.
Creating lists is key to achieving this goal – be it for weekly chores or shopping trips!
Take a look around your kitchen before heading to the supermarket and jot down all of the items that need replacing.
Your list will serve as an essential guide during each store visit, no matter what type of shop you’re in!
Search for deals and sales
When it comes to shopping for your home, waiting until an amazing sale will save you large amounts of money!
Black Friday is a great opportunity; just make sure not to get too carried away with the deals.
Being savvy and frugal when shopping can be extremely rewarding in both time saved and cash kept in your pocket.
Repurpose
Search no more – with a simple switch of perspective, your home can become an endless source of creative and practical solutions!
Transform ordinary objects into soap dishes or candle containers for stylish storage.
Embrace repurposing as the ultimate form of recycling – which is not only eco-friendly but also helps you save some money in the process.
Organize
Tidy up and save money!
By organizing your belongings in a sensible manner, you can be sure of where to find them when needed.
This simple strategy eliminates the risk of spending extra money on replacements for items that have gone missing due to excessive clutter.
Bonus – Upgrade your home to be more cost-efficient
Instead of buying single-use items and spending more money in the long run, why not gradually upgrade what you already have?
Reusable dish sponges, paper towels, cloth napkins – even rechargeable batteries – can be cost effective alternatives.
When your current supplies wear out or become unusable it’s a great opportunity to make an eco-friendly switch!
For a full list of money-saving items, click here.
I hope these simple frugal tips to save money each month that is part of my life can help you achieve your financial goals.
