Very aptly stated
by Nora Ephron. Aligning to Nora’s quote, tons of things matter less than they
seem to be.
It is better to have a lot of money and time in your hands than to have lots of stuff in your closet. Isn’t it? Frugality means the same. Spending smart ultimately results in a fruitful, happier, wealthier, wiser, and sorted lifestyle. Mindful expenditure is the key to today’s cost of living. You must have heard if you buy something that has a discount of Rs.300 on 1000Rs. Then you are not saving 300. You are spending 700. Just like any habit takes around 21 days to get installed into our routine. We can practice frugal living majorly throughout all areas of our lifestyle.
Start small; achieve great, ‘stick to this quote while practically implementing frugal living in your daily routine. Start with making your coffee on your own instead of stepping out for one. From preparing all meals, and lunchboxes at home to taking walks to traveling around the city streets for groceries, start compounding step-by-step.
For instance, I follow frugal living in my gardening practice. I never buy plants from the local plant vendor. Instead, I grow them from cuttings collected from friends, family, neighbors, or any random garden I visit. This simple practice has converted my little gallery into a mini jungle. Also, watching out for discounts on clothes, groceries, and gym memberships will help in the long run.
Some Frugal Living Hacks to Elevate Your Finances:
- Cutting out on ‘eating out. Eating out damages your health severely and adds up to depleting your balances.
- Find a suitable place to live. Luxury is not in spending more. Luxury is living clean and hygienic in whatever space.
- Unsubscribe to all the entertainment channels that you don’t watch.
- Workout by yourself, be self-motivated instead of paying thousands in the gym.
- Restrict partying every weekend. Instead, try visiting your friend at his place or call him at yours. It will save your vast entry amounts for that seemingly lavish club & its savoring delicious yet unhealthy snacks & drinks.
- Invest smartly. Try investing in a bicycle instead of modifying and flaunting the petrol-fueled dashing bike. It will save you from the clutches of petrol costs and keep you in fabulous shape.
- Avoid going to the salon for treatments. Try natural homemade facials using ingredients from the kitchen. Remember, the more realistic, the more beautiful!
- Visit the wholesaler market once a week to buy veggies or groceries. They offer discounted prices as compared to the local vendors.
- Carry your water bottle wherever you go.
These things will help you spend less than you earn and will indirectly make you able to save a lot. Go on budget trips, visit all places, stay in a reasonable cottage, avoid taxis, and travel via—public transport.
Track! Track! Track all the expenses monthly to be proud of yourself and how far you have come by changing fewer choices. I have learned a lot about frugal living from my father. He takes us hiking every Sunday at a fort nearby. Where I usually see people eating out. Whereas my father only allows us to have the refreshing lemon water once we have reached the top as a token of appreciation.
Gift yourself materialistic things for your victories or wins to help you achieve the next one. I was gifted a parker pen in the ninth grade for scoring good marks. With that same pen, I wrote my board exams and came out with flying colors.
Start with small habits of saving money wherever you can. Use the saved money to go to places you always wanted. Eat from a restaurant you always dreamed of eating from, o grab that branded activewear for your gym training.
Be mindful and keep tracking your expenses. Because in today’s era, less is more & simple is attractive!
- written by Neha Shilamkar
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