Frugal Living Tips For the Closet Tightwad
You can be frugal with your money without anyone noticing you are a tightwad. Here are some frugal living tips that you can use even in your discretionary spending. If done properly even you might not notice any reduction of lifestyle. Many stores now offer what is called preferred customer programs, these vary from certificates to punch cards. Buying used can be a big money saver. Online shopping can give you a bigger bang for the buck. Learning to ration your spending over longer periods of time can create huge savings.
Preferred customer programs, usually reward people who shop consistently in stores, you have to be careful, as sometimes there may be time restrictions on any savings, quite often punch cards are used and once the card is filled, you can apply the value of the card to any future purchases. Sometimes these programs are clumsy, I know I have trouble keeping these cards in my wallet, women seem to do better, but then look at the size of their purse, so maybe let your wife or significant other handle the cards.
Buying used has always been a great idea, and in a down the economy, the reasons for buying used or even greater. Look at the success of eBay, many of the items are simply used items that people are liquidating, and other people are taking advantage of the savings. Craigslist is a wonderful place to find bargains on any items you may consider purchasing. And of course, local classifieds and weekly classified papers, are good to look at when you are considering buying anything over $100, on smaller amounts sometimes it’s just not worth the bother.
Online shopping is becoming more common as people feel more secure about their online transactions. Convenience alone is often worth purchasing online, and usually big money savings are available if you learn to use the search engines to find your desired product. Amazon alone has a huge selection, fast service and delivery, I consistently get deliveries within three or four days. You should use caution, when getting your credit card information to any business, going to PayPal and the major retailers can reduce the chance of fraud.
Rationing purchases over time, allows you to save money especially on discretionary items like hobbies, entertainment, dining out and vacations. When you’re trying to be frugal, do not make the mistake of trying to live like a monk, you still need rewards that float your boat. You just don’t need as many of them, or as often. On vacation, but don’t go as far, the beach in Oregon likes pretty much the same as the beach in France, well maybe you need to take a sweater, but for $1000 or more I can put a sweater on.
Get on some preferred customer program, consider buying used, learn how to be a frugal shopper online, and plan your purchases over a longer period of time so you can remain a closet tightwad.