Be Frugal-er 23 Ways to Reduce Your Essential Expenses

Essential expenses include things such as mortgage/rent, heating, power, water, transportation, insurance, etc. Essential expenses are probably the bulk of your outgoing cash each month, likely making up 70-80% of your total expenses. Focusing on reducing this portion of your expenses will typically yield you a bigger bang for your buck, unlike smaller expenses likeContinue reading “Be Frugal-er 23 Ways to Reduce Your Essential Expenses”

28 Ways to Live a Frugal Lifestyle and Increase Your Savings Rate

What is frugality? Being frugal is being mindful of your spending and intentionally spending your money on items you need while getting the best overall deal for your purchase. Being frugal is not being cheap. If you buy only with the intent of buying the lowest cost option, you may sacrifice quality and in theContinue reading “28 Ways to Live a Frugal Lifestyle and Increase Your Savings Rate”