Tips on Frugal Living

online-shoppingLiving frugally play a very important part in our lives today. Be it due to the economic conditions causing monetary issues or if you are collecting money for a big investment like buying a new house or car, budgeting plays an important role in all the spheres of money saving today.

A comprehensive list of some interesting ideas to save on your expenses is below:

Entertaining at Home:

  • A savings of nearly $30 per month is possible is you opt-in for a bundle deal where multiple services are clubbed together at a discounted rate. A good example of this is the cable tv, phone and internet as a package.
  • The second option which will most likely not be followed by many is to totally get off cable TV connection. This can be reasoned with the fact that most of the networks like CBS and ABC are available online for free. Also the favorite series like CSI and America’s Got Talent can be accessed online too. Services from Hulu also has a huge section for both current as well as old television episodes for free.
  • For the movie buffs, subscribe to services like Netflix where your selection of movies can be viewed online or sent over by mail. Netflix subscription is low and starts at under $10 monthly and this is much lesser compared to a cable tv rental.
  • If you are looking to shop for a new gadget, the best tool to know more about the product and to find the best prices is the internet. Searching for coupons to get some discount, on the product can be easily done online. CouponsLeap.com is a good website to look into for great deals and promo codes. Some of the great stores that CouponsLeap.com has under them are below:
    Best Buy – http://www.couponsleap.com/discount-coupons/best-buy/
    Macys – http://www.couponsleap.com/discount-coupons/macys/
    Overstock – http://www.couponsleap.com/discount-coupons/overstock/

Save on Utilities:

  • Use LED and CFL lights and get rid of the regular bulbs. The initial expenses on LED and CFL bulbs are definitely going to be high, but in the long run, there is money saving on your bills as these use 20% to 25% energy of a regular bulb and the lifespan is nearly 25 time more.
  • Avoid heating water during laundry as this is where the maximum consumption of electricity happens. Try washing clothes in cold water and if there are some clothes that does not get clean in cold water, then look out for special detergent that are formulated for cold water use as that will be effective. Also try not to use the dryer, simply put up a clothes line in your backyard or anyplace outside and hang them to dry, this is a good option during the summers.
  • Water Bill – Savings can be done with this too by collecting the rain water for use in your garden. The water that drips out of the air conditioning units can be stored to water plants. Don’t drain off any water, it can be used for many other purposes, thus saving you on your water bill.

Transportation:

  • Use public transportation as much as possible. If the area where you live is well connected with public transport, then use it. Using a bike is another good option where it serves to reach you to your destination as well as an exercise. Bike lanes have been incorporated in many cities which help bikes to go everywhere.
  • A car operated at its best if it’s well maintained. Keep a check on oil and tires for optimal performance. Also look out for coupons that can be used for free servicing of your car or a at a discount.

Shop Online:

  • Online shopping has proven to be much cheaper than at the physical store. There are numerous offers online that cannot be found in the physical stores. There are even numerous coupons that are only applicable for online shopping. Use them to save more.
  • CouponsLeap as stated above is a very good website to look for a coupon deal. This website has the most updated deals and coupon codes for just the selected best online stores like Best Buy, Macy, Overstock and Target to name a few.

The above tips will surely help you with your money saving journey.