96 Live Frugally
We can all apply some of these in our life. Being frugal brings with it much less stress…lower mortgages, more money in the bank!
- Maximize every dollar. Every time you spend money, you are making a decision. You decide that whatever you are giving that dollar for is worth it and thus you make the exchange. Raise your definition of what a dollar is worth. Ponder if you really need that item. Make the choice not to buy it, or shop around a bit to see if you can get a better deal.
- Habits of all kinds are dangerous. Most people have some sort of a routine in their day, where they buy a morning latte or a bagel, or eat out at the same place for lunch. These routines can add up to a lot of money. Spending $5 every workday adds up to $1300, which is a mortgage payment for many! Look at the stuff you do every day and ask yourself if it is really necessary.
- The ten second rule. Every time you go to make any purchase, stop for ten seconds and ask yourself if this is really something you want to spend your money on. Do you really need this item?
