Published on: Jan 17, 2020

Life, in general, is expensive. And it seems that our income can’t keep up with the daily expenses. Thus, we tend to find ways on how we can live cheaply.

Fortunately, there are many ways to save money by living frugally. Frugal living can get you out of debt and let you save a lot of money at the same time.

But bear in mind that frugal living doesn’t mean you need to deprive yourself of the things you love and enjoy so much. You only need to be wise. Here are some tips on how you can incorporate frugality into your life.

Determine Your Expenses and Analyze Them

Determine where you usually spend your money. May it be for housing, utilities, food, clothing, medical care, or even travel, and then analyze them.

After gathering all the information about your expenses, ask yourself. Do they seem reasonable? Are you spending more than your paycheck? Are they worth it? If so, you need to do some budgeting.

Create A Monthly Budget

Set a monthly budget and make sure that you will only spend your money on necessary things, such as health care, food, rent, and savings. In this way, you can track where your money went.

Make A List Before You Shop

It’s essential to make a list of the food items you need and bring it when doing your grocery shopping. It lets you not to make impulse purchases that doubles – worst, triple! – your grocery bill.

Cook Your Own Food

Cooking your own food means you get to eat out less. Restaurants and fast-foods are expensive, and it’s way cheaper if you cook your food and eat at home.

Have A Smaller House

If you want to lessen your monthly rent or your monthly payments for your housing, then go with a smaller house. Just because you can afford a large house, it doesn’t mean that you should live in one. Get a more modest home where you can save a lot of money and can be comfortable living there at the same time.

Cancel Some Subscriptions

With the advancing technology where you can get information and watch movies online, do you still need magazine and newspaper subscriptions? How about Netflix and HBO? Even your cable, do you still need those? If not, then cut it out.

Get A Cheap Text and Call Plans

Since communication with family and friends is essential, you can’t cancel your phone plans. But what you can do is to get yourself a cheap text and call mobile plans.

If your loved ones are overseas, you can quickly call them without paying for expensive roaming services. There are international calling apps that allow you to make cheap international calls for as low as $0.001 per minute. Apps like MyLine also lets you call to any parts of the world even without an internet connection. This will surely make you save tons of money!

Ditch That Tobacco and Alcohol

The thought of ditching tobacco and alcohol – especially for smokers and drinkers – can be challenging. But for a person trying to save money, quitting smoking and drinking allows you to save a lot of money! Not just that, you also save yourself from long-term medical costs when you stop tobacco and alcohol use.

Get The Lowest Rates To Call International

MyLine offers some of the most affordable international calling cards available. Call abroad for as little as $2 for your first card. Check our international calling rate for your country on our website.

About The Author

As a parent who’s always on a budget, loves blogging and sharing some cheap but quality lifehacks. That includes making international calls, especially when she needs to contact her family abroad.