Channel Button

There are 37 articles on this title. You are reading the article ranked and rated #4 by Helium's members.

Personal Finance   >

Smart Spending

Tips for living a frugal lifestyle

As the United States suffers through an economic crisis and household budgets across the land are forced to shrink, there has been an increased interest in frugality. Many people are, to varying degrees, seeking a more frugal lifestyle.

What are some tips for living a frugal lifestyle?

- Don't mistake a low price for a good bargain. If the item wears out a lot faster than its slightly more expensive counterpart, it is a waste.

- Cook from scratch. It is almost always cheaper and healthier to do this.

- If you don't know how to cook, learn. Really, it isn't that difficult, and your finances will thank you for it.

- Don't mistake inexpensive nutrient-poor foods for a good deal. It may be cheaper at the grocery store, but a diet high in cholesterol, sodium and sugar will quite likely cost you a lot more at the doctor's office and pharmacy.

- Don't assume that a two-income household is necessary. If the costs for childcare, transportation and other expenses are too great, it may end up being cheaper to be a one-income household.

- If you aren't using the internet for work and/or educational purposes, consider dropping your connection and using the free internet service provided by your local public library.

- Borrow books from the library rather than buying them. The same holds true for movies, music and games. Most public libraries, even small ones, offer a nice assortment of books, movies, music and games, and, if they don't have it, they can get it through interlibrary loan for you.

- Garden. Even if it is just a small container garden, growing your own food will help to decrease your overall food costs.

- Quit using shopping as a social event. Find other ways to spend quality time with friends and family.

- Turn off the television. No, you don't have to completely give it up. There are several reasons to do shut off the tube: reconnecting with family and friends, building stronger community connections, spending less money on electricity, getting more exercise. Another major reason is that watching a lot of shows and advertisements can breed discontent and unhappiness regarding your own lifestyle as a parade of the rich, thin and beautiful parade across the screen with promises untold happiness if you just keep on trying to keep up with the Joneses.

Additional Resources:
Affluenza (2005) by John De Graaf, David Wann and Thomas H. Naylor: This book is dedicated to battling "the all-consuming epidemic" of affluenza, which the authors define as being "a painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste resulting from the dogged pursuit of more."

Mother Earth News (www.motherearthnews.com): This magazine is the "original guide to living wisely."

The Complete Tightwad Gazette (1998) by Amy Dacyczyn: This is a magnificent resource for anyone starting out on the path of frugality.

Learn more about this author, Heather Mckim.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

Tips for living a frugal lifestyle

  • 1 of 37

    by Rebecca Livermore

    Saving money doesn't have to be difficult. Small lifestyle changes reap big benefits when practiced regularly. Here a... read more

  • 2 of 37

    by Lisa Web

    Living frugally. It is not as hard as it seems. To many a frugal person is a cheap person, however this is very unt... read more

  • 3 of 37

    by Judy Lin

    Frugality is taking on a new level of importance in the minds of many in these days of high gas prices. Unless you'r... read more

  • 4 of 37

    by Heather Mckim

    As the United States suffers through an economic crisis and household budgets across the land are forced to shrink, t... read more

  • 5 of 37

    by Donald Pennington

    Living frugally is probably one of the most misunderstood concepts of the Human era. Oftentimes, in this "shop-til... read more

View All Articles on:
Tips for living a frugal lifestyle

Add your voice

Know something about Tips for living a frugal lifestyle?
We want to hear your view. Write_penWrite now!

What do you know about?
  • Tell us! Get published today.
  • Reach millions.
  • Many ways to earn.
Join Helium Today

Already a member? Log in.

Helium Debate

Cast your vote!

Is it better to do your holiday shopping in stores or online?

Click for your side. Must be logged in.

108316

Featured Partner

Food for Everyone Foundation

Food for Everyone Foundation has partnered with Helium, giving you the chance to write for a cause. Browse Food ...more

What is Helium? | User Guide | Community | Link to Helium | Privacy | User agreement | DMCA

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA