Sure, we might be living in 2024 – however, there are ways to live economically that will never go out of style. Last month we gave you some frugal habits you might enjoy – but keep reading to find out even more simple, yet effective ways to live frugally.
Cook at Home with What You Have: Cooking at home instead of going out to eat or buying takeout, will undoubtedly save you money. Not to mention, it can become a fun family activity that’s inclusive of everyone in the household and something that you can all look forward to doing. It’s also a good idea to use simple recipes with fewer ingredients, as well as plan your meals around what you already have in your fridge, freezer, and pantry before going out to the store for additional ingredients. Use any refrigerated food that will go bad quicker, first. Waste not, want not!
Declutter and Organize: Getting rid of clothing items you no longer use and posting them on apps like Poshmark and Mercari, or books and furniture no longer needed and selling these items at a yard sale – can bring in a little bit of income that you can put into your savings account or use to pay a utility bill. In addition, organizing and going through what you already have may save you from purchasing a new item when you either can’t find the original – or think you don’t already have it.
Plant a Garden: With spring coming soon, it’s the perfect time to learn how to experiment with growing your own vegetables and herbs. If successful, you can go right into your backyard and pick your own – rather than purchase them at the grocery store. Not to mention, spending time outdoors in the fresh air and learning a new hobby can be therapeutic.
Canning: Learning how to can and preserve your own food in glass jars is another old-fashioned way to save money by making your own sustenance. This skill will allow you to store fruit, vegetables and make flavorful jams and sauces that could last you months at a time. Certain items like making your own jelly, can even be given as gifts. You’ll need to initially invest in some supplies, but over time the initial cost will make up for itself.
Buying Secondhand Clothes or Swapping: Checking out your local thrift store or an estate sale might score you some real bargains on quality pieces. Another idea to save money on clothing that won’t cost you a dime, is to trade or swap them out with a friend or family member. Find someone who is the same size, and borrow some new items for your wardrobe to expand it without having to buy anything new.
As you can see, these ways to live frugally will never expire. Your great-grandparents and your grandparents experienced them – as well as your ancestors before that. They’re proven to stand the test of time and can be passed down to future generations, which is a win-win in financial literacy for all.
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