Frugal living is not just about cutting corners, and doing without. It also means thinking ahead and making the most of the money you have!
This simple tip is perfect for frugal living beginners! Learn to stretch your money by occasionally spending a little more.
Frugal Living Tip for Beginners
Whether you are a beginner or not when it comes to pinching pennies - the temptation is to hoard your money and only open your wallet for the bare minimum amount when you do have to make a purchase.
Many people who try to live a frugal lifestyle end up buying the cheapest version of something that they can find. However, buying high-quality items for your home can actually be very frugal since it can be beneficial for you in the long run.
Saving is not always about stepping away from all things expensive or spending as little as you can, but rather spending wisely and basing your purchases on how it will benefit you now and in the future.
It’s not just about how much you spend, but also about how long it will last you and how good it will be at doing its job.
High-Quality Items are Long-Term Investments
Buying cheap items does not automatically equate frugality. These cheap and sometimes substandard items tend to wear out more quickly than their intended lifespan, making you spend more if you buy the same cheap item over and over again.
When buying shoes, for example, one must consider its quality and durability first before its price.
It’s better to purchase high-quality shoes that you can use for more than a year than purchasing a pair on sale that gets destroyed after a few months. You spend more when you replace cheap things regularly rather than buying one expensive thing once.
The same can be said for buying your home decor. Getting functional and durable furniture will benefit you more in the long run as you can use them longer.
Getting handmade rugs for your home, for example, is better than cheap floor mats and carpets that fray and fade easily. With the right weave and style, getting quality handmade rugs can last you a lifetime.
Handmade rugs are also eco-friendly since they are made with natural fibers as compared to cheap rugs that are made from synthetic and chemically-treated fabrics. There will be rugs and carpets that will fit your budget while not compromising on quality if you are willing to do the research and spend the time looking, instead of buying something cheap on an impulse.
High-quality items are long-term investments. Sure, they feel pricey when you buy them at first, but they eventually save you more as you use them for longer periods.
Spending Wisely is an Investment on Yourself
Do not be afraid to splurge once in a while or buy something that is a bit pricier than you’re used to when it comes to your home. Sometimes, you have to spend now to save later. Getting quality items for your home is not only a way for you to gradually save for the future, but is also a means to invest in yourself.
You should always consider how often you will use or how comfortable you are with whatever item that you are getting for your home. Spend and save money for emergencies and according to your goals rather than saving money blindly.
Saving up on your expenses might make you cut corners and shortchange yourself which may do you more harm than good.
It is better to spend money on a good bed or mattress that will guarantee you a good night’s sleep, rather than getting a cheap mattress to save a couple of dollars but gives you sleepless nights in the process.
Buying a quality knife set is better than purchasing one at the dollar store. Cheap knives can be safety hazards since they can dull easily and have poor balance and grip. This may cause you to fumble and end up cutting yourself while you use them, which can cost you a lot due to possible injuries.
Never put your health or well-being at stake for the sake of saving a few bucks.
So the next time you need something for your home, ask yourself first if it is worth it rather than if it is expensive or not. Rather than spending as little money as possible, spend wisely and with foresight to ensure both a comfortable and frugal lifestyle.
PIN THIS FOR LATER
About the Author:
Raina Fadel believes in eco-friendly living and is trying to persuade people by writing to also do the same. She is also passionate about home improvement that she does not accept a professional fee to her family and friends. When she is also not writing, you can see her drawing sketches for her dream house.