Frugal - One Cent At A Time

7 Surprisingly Frugal Habits of Wealthy People

May 18, 2016 3 Comments

The more money you have, the more you tend to spend. Yet, many of the wealthy individuals I have observed are surprisingly frugal. Being frugal is probably one of the reasons they have accumulated significant wealth over time.

It’s even surprising that these wealthy people practice such frugal habits that ordinary people don’t. They drive used cars, they have homes which are just right for their family sizes. You often see them bargain shopping and not living an extravagant life. Rather the rich accumulate money and wealth for a cause. It’s the delayed gratification that made them accumulate wealth in the first place.

7 Surprisingly Frugal Habits of Wealthy People

1. They use coupons

You might think this is a habit of those who have low incomes, but over 50% of coupons are used by households that have an annual income greater than $125,000. This is because the wealthiest people in the world take the time to ensure their money goes further, and ‘coupon-ing’ is an excellent way to do this. If you’re buying amenities that you know you’ll always need, coupons are the best way to bulk buy items too (if you have the storage space).

10 Easy Tips to Stay Frugal in Your Life

November 24, 2014 11 Comments

You don’t have to clip coupons every day and skip your morning coffee most of the time to save money and remain frugal. There are easier and far more effective ways that can keep you frugal for your life time. You just need to make a habit for the things or just make it a practice and automatically these acts will be a part of you and your family. You’ll realize one day that frugality is your way.

Stay Frugal

In reality, being frugal is what we need to embrace these days. We are in this era where spending overpowers earning. Having said that, it is high time for us to develop the frugal mindset so we can better manage our finances. Whether you are earning much or earning low, it’s but wise to be frugal in many aspects.

How to Save Money While Providing Everything your Child Needs

October 24, 2014 9 Comments

Having a child is a wonderful thing. At the same time, parenting is expensive! Whether it’s your first kid or your fourth, you always want to give the world to them. However, the costs can rise up, and too often parents find themselves stretched too thin. It doesn’t have to be this way though. Although we are not parents we know exactly how costly it is to raise a child. So I thought of writing a ways to save money while raising your kid in an ideal way. Hope you’ll like it.

First and foremost, before we list the money-saving ways. No money-saving scheme actually work in longer term unless it’s associated with some form of budgeting. Budgeting may consist of target on each item to having only one target, that is saving a fixed amount per month. Whatever it is that you are comfortable with, simply get it going as soon as possible. Else, you’ll save money on food but end up spending more on child care, just as an example. A budget can keep all your spending in control.

10 Lunch Menu that Only Cost Less than $5

April 1, 2014 1 Comment

Couple of weeks back I got a mail from one of my readers. She mentioned herself as a regular reader. she wanted to see menu planning and frugal food related posts here. I asked her to give a few of her favorite low-cost recipes. Here’s what she came up with in 3 different emails. I can see the menu serves all tastes and food habit.

I always take the left over food for my lunch. In our cafeteria I see most of my co-workers buying food. Although subsidized, their per lunch cost must be more than what I pay for my boxed lunch. This compilation is made up of ingredients that are readily available, good for almost every taste and most importantly, they cost little less money than your regular lunch. About the time these preparations take, they don’t take more than an hour!

5 Money Wasters you Can Cut Out From Life

July 3, 2013 19 Comments

Previously I posted 80 Ways to Lose Money, that article talked about 80 different ways you can waste your hard earned money. This article talks about 5 of them in depth, that you can cut from your life. Caution, this is not to tell you to absolutely cut these out. I know for some of you having text messaging plans or unlimited data plan on your cell phone is important. In that case you may find some alternative that you can get rid of

Money wasters in life are great threats to your savings. They could even risk your riches and set you on a downward decline. You need to identify them and cut them completely from your life. Here are the five money wasters you can cut from you’re your life.

A Case for Penny Pinching – Habits of Some Richest Celebrities

April 5, 2013 8 Comments

I always talk about penny-pinching in this blog. The name also suggest the same thing. Here’s a guest post extended to us for posting, which talks about penny-pinching as followed by some well known celebrities. The aim is the inspire you to follow the path of frugality, even when you have enough cash to spend. Enjoy the post.

Living a frugal life is nowadays a trendy attitude that is not only observed among regular people, but also promoted by many celebrities. Celebrities who choose to live frugal are shifting to a simpler lifestyle that allows them to live better, spend less money and increase their inner wellness.

51 Handmade Frugal Valentine Day Gift Ideas

February 4, 2013 8 Comments

Previously we wrote about Romantic Ideas for Anniversary and Frugal but Romantic Gifts for Your Spouse, this is another with the same purpose, making your gift giving a good experience. I was brought up in a family which struggled to meet ends meet. We never bought gifts, specially the gifts that were exchanged during birthdays or Valentines days. We were used to giving hand-made gifts.

When it comes to Valentines day, I never really celebrated it till I was in college. The first Valentines day that I can remember was celebrated sans gifts. We went for boating and then a dinner. I was not dating those days, it was just a celebration with bunch of friends. The first Valentine gift I can remember giving to my the then girl friend, and, now wife SMB, was a teddy bear bag, which was not handmade. It costed me a lot of money with respect to my monthly allocated budget. Perhaps that was the time when I started thinking about cheap alternate gift ideas.

25 Frugal but Romantic Gifts for Your Spouse

December 28, 2012 6 Comments

If you had asked me few years ago what’s the best romantic gift for my wife, I would have inadvertently said ‘Lingerie’. But in my 8 years of married life I have learned to go beyond those stuff. A walk on the beach on a full moon night is by far more romantic than a lingerie, which anyway you’d see on her for a few minutes before those come off.

In my childhood, I had known a teddy bear as most romantic gift around. Today as I sat down to write this article I can think of many ideas that can be romantic and frugal for every spouse.

The Weekend Made Cheap – How to Spend Weekends Frugally

December 19, 2012 8 Comments

The Weekend Made Cheap; So many people fall face first through the work week, just waiting to indulge on the weekend and release all of the employment induced tension. This is completely understandable and a direct result of human nature, but what you do with your weekend is the gold ticket to staying within budget confines and stowing away some of that hard earned cash.

How I Saved on Holiday Vacation Expenses

December 14, 2011 18 Comments

I just came from one of the most fantastic Thanksgiving holidays with a couple of my friends along with our family. We Drove to Smoky mountains from south Florida, where we enjoyed mountains; Getting away from the plains of Florida was a good change before we officially greet the holiday season with open arms.

This is where we stayed in Smokies

Of course, there was turkey and plenty of activities and laughter. But what made me happier is the fact that I was able to save a lot of money from the trip; yes, plenty of money. To give you an idea, my total expenses was around 50 percent off the amount I spent last year.

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7 Surprisingly Frugal Habits of Wealthy People

1. They use coupons

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