Results 1 to 2 of 2
Thread: Time Saving Frugality
02-10-2009, 02:58 PM #1
- Join Date
- Jan 2007
- Newberry, SC
- Blog Entries
Time Saving Frugality
(Recently, I started the strategy of making more than one meal when I make my daily meal, then I freeze the additional one. After I started doing that, I wanted to find more time saving frugal tips. Below is an article emphasizing time saving frugal tactics.)
Tactic One: Better Choices
One efficient way to improve your financial situation is to simply make better snap decisions. Weíre faced with hundreds of little choices every day - simply resetting your mind to make a few better ones each day can save you a bundle of money. Here are four approaches.
Donít shop for entertainmentís sake Want to go have a good time with friends? Donít choose to go shopping just for fun. Instead, think of something else - almost anything else - to do. Shopping for entertainmentís sake is just an excuse to spend money on stuff you donít need. Donít leave behind the social occasion, just sometimes choose to do something besides shop for fun.
Grab the generic option instead of the name brand when shopping When youíre strolling through the store, grab the generic option instead of the name brand option of the food item youíre buying. Itís usually almost identical in quality and will quickly add up to some serious savings if you do it regularly.
Reduce your time commitments instead of taking on more Got a schedule so packed full of things to do that you simply donít have time to eat at home, bringing on the expense of eating out? Spend all your time burning gas flying from activity to activity? Cut out a few of the more peripheral things. Youíll save gas money and maybe be able to eat an inexpensive meal at home sometimes instead of eating out expensively.
Eat a better diet Instead of choosing unhealthy options at the grocery store, choose healthy ones. Buy skim milk to drink. Buy fresh vegetables to eat. While it wonít make a ton of difference at the checkout, it will improve your immune system (making you less likely to get a cold and thus less likely to spend money on cold medicine, doctorís visits, lost income, etc.) and help with your long term health.
Tactic Two: One-Offs That Keep Saving Money
You have an hour to spare right now. How can you save some money over the long haul? Here are some ideas that you can set up once and theyíll keep slowly saving you money.
Install a programmable thermostat Stop by the hardware store, buy a programmable thermostat, and install it yourself. Then program it to not run the air conditioning or the heat during the hours youíre at work, only kicking on in the hour or so before you arrive home. Automatic energy savings - you can walk away and itíll just work its magic, trimming your electricity and/or gas bill.
Air seal your home Use this useful guide from the Department of Energy to caulk and weatherstrip your home, preventing air leaks and drafts from causing you to lose cool air during the summer and warm air during the winter. Do it once and youíll save money on every energy bill thereafter.
Set up automatic bill pay Use your bankís online bill pay service (it does have that, doesnít it? If not, consider switching) to set up automatic payments of the monthly bills you have with a fixed amount. Not only will this save you on stamps, itíll also help you avoid late fees and also save you the time of writing out that check each month.
Prepare a bunch of meals at once Spend an hour preparing supper - but prepare three duplicate meals at the same time and pop them in the freezer. Later on, youíll be able to just grab a meal out of the freezer and pop it in the oven (or in the microwave) - saving you time in food preparation and money because youíre now able to eat at home instead of going out.
Tactic Three: Toss Out Bills
Trimming the excess from your monthly bills means fewer bills to worry about - a time saver and a money saver! Here are four places to look.
Toss out the cable box and go with a digital TV receiver If most of the programs you watch are on the non-cable television networks (ABC, NBC, CBS, Fox, and PBS), toss out your expensive cable bill and instead just get a digital TV receiver. Youíll still have a bunch of channels, get all of your old favorites, and itíll cost you nothing each month.
Toss out your land line and go with only a cell phone Have both a land line and a cell phone? Find yourself rarely using the land line at all? Get rid of it.
Toss out your unused club memberships Got a gym membership you never use? Havenít been to the country club in years? Havenít returned a Netflix movie in weeks? Just cancel your unused memberships and youíll immediately save money each month.
Toss out unread magazines (and their subscriptions) If your table has a big pile of unread magazines sitting on it, thatís probably a clue that youíre not keeping up with your subscriptions. Toss them out and cancel those subscriptions, saving you more money and eliminating some clutter, too.
Neither a borrower nor a lender be.
I should have listened to Shakespeare!
02-10-2009, 06:42 PM #2
- Join Date
- Jul 2008
- Blog Entries
Re: Time Saving Frugality
Thanks for the tips!!!!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