5 laws of being Frugal- Budget101 Discussion List

1.) Take care of your things- Whether its your car, shoes, clothes, health, whatever;- taking care of things makes them last longer. If you respect yourself and your things, realize that by taking care of them you will get more value out of them and they will last longer. 2.) Always try to fix

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  1. #1
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    Default 5 laws of being Frugal


    1.) Take care of your things- Whether its your car, shoes, clothes, health, whatever;- taking care of things makes them last longer. If you respect yourself and your things, realize that by taking care of them you will get more value out of them and they will last longer.

    2.) Always try to fix things- Donít be afraid to try to fix things when they are broken. Usually, at worst you will either need to replace it or get it fixed, which you would have done anyway. More than likely, you will surprise yourself with the results.

    3.) Donít waste anything- Be mindful of wasting things, it is costing you money. Donít waste electricity, food, gas, time, or anything else, especially money.

    4.) Watch your pennies and your dollars will follow- This is an age old piece of advice, which still holds true today. If you examine even the smallest of your purchases, you will continue to do the same with your larger ones as well and you will find yourself making the right decisions with the larger ones.

    5.) Always keep your eyes open for a good (or better) deal- Donít be afraid to try a new, cheaper alternative to something just because you are used to a certain product or service. Frequently, you will find that you are just as happy, if not happier, with a cheaper alternative.
    Tragedy, sadness, loneliness and despair taught me that life is really a beautiful thing; if it wasn't I wouldn't be able to recognize that anything was wrong - Lynn in Virginia


  2. #2
    Deal GURU
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    Question Re: 5 laws of being Frugal


    4.) Watch your pennies and your dollars will follow- This is an age old piece of advice, which still holds true today.
    Very interesting saying to ponder. I wonder how many people here will bend over and pick up a penny that they see or have dropped ?
    JoAnn
    "Joy is not in things. It is within us"

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    Default Re: 5 laws of being Frugal


    I've been able to make a pair of shoes last me through high school when I wore them almost every day from how careful I was. I know someone else who always had stuff break on them since they weren't too terribly kind to their possessions.

    I'm actually going to try a new cat food since its much much cheaper than what I use for my ferret, the only thing I'm worried about is she's a picky eater...But you never know the results until you try.

  4. #4
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    Default Re: 5 laws of being Frugal


    I pick up EVERY penny I see and I have a special jar for them. Its one of those plastic water jugs. It is about 1/3 full and that is from over 10 years!!
    Tragedy, sadness, loneliness and despair taught me that life is really a beautiful thing; if it wasn't I wouldn't be able to recognize that anything was wrong - Lynn in Virginia

  5. #5
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    Default Re: 5 laws of being Frugal


    I also pick up those pennies, but I like to keep them in my coat pockets for luck...that is until they get too heavy. I think JoAnn is right...it is a saying to ponder. Nice post

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    Default Re: 5 laws of being Frugal


    I agree !! Thanks Jaime!!!!
    Tragedy, sadness, loneliness and despair taught me that life is really a beautiful thing; if it wasn't I wouldn't be able to recognize that anything was wrong - Lynn in Virginia

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    Default Re: 5 laws of being Frugal


    My aunt is actually really good with finding money on the ground, she's found a $20 bill before.

  8. #8
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    Default Re: 5 laws of being Frugal


    As for picking up pennies. I do. I have heard from several different people that save change that loose changes easily adds up to hundreds of dollars a year. So we save all of our change in a gallon pickle jar. One time DHs wages got garnished for an old tax bill he didn't know he had. We had a plastic shoe box of change under our bed and that box bought us groceries the whole time his wages were garnished. Several weeks.

    Now for making things last. I have a gray 100% wool cape that I wear nearly every day in fall and winter. It was used when it was given to me. The label says made in West Germany. So I am pretty sure this cape is close to twenty years old. I can see myself wearing it for many more years. The cape has a big advantage over a coat in that if your weight flucuates it will still fit.
    Tracy in VA

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    Default Re: 5 laws of being Frugal


    I love this post and I wanted to add that a pair of shoes last me at least 5 years !!! ANd that doesn't mean that I wear a bunch of different pairs. I have a pair of tennis shoes, a pair of slip on sandals, & a pair of black dress shoes !!!

    If you take real care of your items then they will last.

    My Husband Mike is 6 foot 8 and wears a size 16 in shoes. So you can only imagine how much just one pair of shoes cost him and he doesn't have an option of buying his used. There really aren't that many people with feet that big ya know ??

    So he takes VERY good care of his shoes and I help. He has had the same pair of tennis shoes since he was a 15 and he will be 31 in March. They still look great. I clean them carefully and use shoe polish . Others have laughed at us using shoe polish on tennis shoes but when one pair of shoes can be easily over 300 dollars you do what you have to.

    I also have many clothes from my teen years that still look great and are still in fashion.

    So if you pay attention to what you buy you can really make stuff last.
    Lo, children are an heritage of the LORD. Psalm 127:3
    There shall nothing cast their young, nor be barren, in thy land: the number of thy days I will fulfil.
    Exodus 23:26

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    Default Re: 5 laws of being Frugal


    I always pick up change I find on the ground. I also save change from the store. I have a jar labeled "FUN MONEY" and that's where it goes. When there's something special I want to do that's where the money comes from. You'll be amazed at how fast it adds up. I think I read this tip in a Suze Orman book a long time ago.

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    Default Re: 5 laws of being Frugal


    I always pick up money from everywhere. My 4 kids know to pick spare change and put it into our huge money jar in the kitchen. We have been filling that money jar for at least ten years. If ever we get around to wrapping all of that money, we are going to have lots of money!

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    Default Re: 5 laws of being Frugal


    Great post ~ covers all the basics!

  13. #13
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    Default Re: 5 laws of being Frugal


    So this morning I am feeling a little better - I decided to do laundry...LOL...found 29 cent in the dryer. Pulled out the cushions on the couch....found 1.59 !! That gave me an idea - I grabbed everone's jackets to wash them....LOL...checked the pockets...I FOUND $4.60!!! Dropped that right in the change bottle....I have marked this to do once a month on my calendar
    Tragedy, sadness, loneliness and despair taught me that life is really a beautiful thing; if it wasn't I wouldn't be able to recognize that anything was wrong - Lynn in Virginia

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    Default Re: 5 laws of being Frugal


    My friends daughter brought me in a quarter and 4 pennies from out side this evening...... LOL....then I found three in the floorboard of hubbies truck
    Tragedy, sadness, loneliness and despair taught me that life is really a beautiful thing; if it wasn't I wouldn't be able to recognize that anything was wrong - Lynn in Virginia

 

 

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