Simplify: 7 Areas to Reduce Spending

Recently I mentioned that I was reading 7 Days of Simplicity by Jen Hatmaker. In this book, the author explores seven different areas of life to simplify. Simplifying in each of these areas can also reduce spending. Here's a closer look at how I can apply this to my own life: 1. Reduce Spending in the Kitchen It's appropriate that the book starts off with kitchen spending. After all, I spend a lot of money on food. If I can reduce spending in my kitchen, then I'll save myself a lot of money. Read more [...]

How To Stick To a Frugality Plan

Frugality becomes its polar opposite if you can't sustain the practice. Get too ambitous about cost cutting and you might have a hard time adhering to it long term. Set your sights on something more realistic -- like the following suggestions. Buy the Best Don't confuse frugality with being cheap. Instead, focus on making smart decisions about your money -- like investing in higher quality items that will last you longer than cheap things you would have to replace every few months. This will save Read more [...]

8 Extreme Frugality Tricks

Extreme frugality might not be the most sustainable thing over the long term unless you can make a lifestyle out of it. It requires a strong set of values surrounding thrift. That said, extreme frugality might be more feasible as a short-term strategy or at least an experiment. With that in mind, here are eight ways to be frugal in the extreme. 1. Never Pay for Entertainment Instead of paying to keep yourself entertained​, take advantage of all the free resources ​around you. Go Read more [...]