EASY FRUGAL TIPS TO SAVE MONEY FAST | Frugal Habits That Actually Work

[Music] hey everyone today i want to share with you my best minimalist frugality tips if you clicked on this video it probably means you have some kind of interest in saving more money and being more responsible about money and so i want to help you do that and i want to share really specific easy approaches to save lots of money and i'm really excited for this video i've been kind of waiting to do this because i have a bunch of different ideas and tips that have actually worked for me that are fairly easy to implement and this video is just jam-packed full of those so i'd recommend that you stick around through all the tactics in this video because there might be some that work better for you than others and i just want you to get the most out of this video especially because i think the last tip at the end that i'm going to share is perhaps the most impactful and fruitful tip i have as far as saving money [Music] so hi if we haven't met before i'm aylin and if you want to watch more videos on simple living minimalism living more intentionally and building an empowering mindset then hit the subscribe button below and you can also hit the thumbs up button if you end up liking the video also hit the bell alert button if you want to be notified when new videos come up doing those things actually end up supporting me so if you're willing to do that i'd really appreciate it so i wanted to make this video because i think it's so easy to go through life just adjusting your lifestyle to any pay raise you get and not finding good ways to save your hard-earned money i also think there was a while there in life where i kind of felt guilty talking about money that it was some kind of like superficiality but i actually think it's just responsible to be very intentional with your money money problems lead to a lot of stress and certainly i know when i'm struggling with money it's definitely a huge stress around my life and conflicts over money i mean it's one of the leading causes of divorce so i think if you can just be smart about money and find ways to be a little bit thrifty it can really have rippling effects on the rest of your life and it might actually allow you to live a more minimalist life because you might be able to have more time and energy spent on things that you actually care about instead of spending all your time worrying about money i'll also say that it's true that sometimes minimalism and frugality might kind of like go against each other like maybe it's more frugal to keep as much around as possible so you never have to ever buy anything again but i do think in general that frugality is pretty consistent with minimalism and that ultimately minimalism will allow you to be more frugal because you'll probably end up spending less money overall so i actually think if you can take pieces of frugality pieces of minimalism to build a life of intentionality it can really improve your overall well-being so let's focus on frugality today and without further ado let's jump right in so my first tip for being more frugal is to take shopping breaks even if it's quite brief even if it's one day a week or one week or one month of the year taking a break from shopping and just saying i'm gonna do a no buy where i don't buy anything except absolute essentials like food and gas might actually help you save a lot of money i didn't know by this january i have a video about it i'll probably link that here but what i noticed is that there were a lot of places where i was spending money that i didn't even realize and just on little things that probably added up so taking a break from spending might actually end up saving you more than you think it did for me i also think taking these money breaks get you in the habit of changing your focus to things other than spending money and shopping and it's just some kind of reset it reminds you of what your priorities are it allows you to refocus your attention on things that you really care about and so i think it's a really helpful strategy even if you just pick one day a week say that you don't buy anything excessive over the long run it might save you a lot of cash my second tip is to save more money by making more money pursue some kind of side hustle or ask for a raise there are real ways to make more money i've realized that you can actually turn hobbies or skills or areas of creativity into actual money find something that you enjoy doing that you could somehow monetize and include as an extra revenue stream in your life having multiple sources of income is always a smart way to save money because then if one kind of falls short in one way or you lose a job you still have some flow of money in all the time for me i've personally done things like taught violin lessons done little violin gigs when i originally started doing photography and videography it was really just a side gig to me and it ended up growing into kind of a full business for me there's so many ways to make additional money so think about it what's one way you might be able to add money to your income my third piece of advice is to shop second hand and you can do this for all sorts of things it's incredible the furniture you can find through secondhand avenues i've also started purchasing electronics secondhand which historically i think was almost like a little sacrilegious to me i felt like i needed all my technology to be fresh and new but i recently purchased a monitor for myself which is really important with my photography and video editing and all my other work and podcast production i ended up purchasing it not only secondhand but a slightly older model and by doing so i saved over half the cost i would have spent on buying a new item shopping secondhand for electronics is way more environmentally friendly so you're actually doing a favor to the earth while getting a way better deal similarly with clothing i've shopped more and more secondhand i tend to shop at poshmark when i shop secondhand and i've had really good results and i end up shopping secondhand on poshmark not just for like vintage items i even shop for really new items that are maybe a little bit more high-end that i could typically afford by embracing the idea of shopping secondhand and actually valuing it seeing the value that you get out of it and the environmental effects that it might have you can actually feel good about shopping secondhand i think historically maybe when i was growing up and stuff there was like a little bit more of a stigma around it but i think it's far more accepted by society now so embrace it and perceive it as something cool by doing that by shaping your own mindset and changing how you view those things you can actually really help the environment and spend way less money on your dream items my fourth piece of advice is a really simple one and that's just to check your bank account on a regular basis simply looking at what your balance is and being aware of where you're at can greatly reduce your everyday spending self-monitoring has been shown in research time and time again to have a big impact on behavior if you're aware of what's going on in your bank account you're more likely to take action in positive directions simply monitoring that and being aware of it will help you be more conscientious when you're making purchases and then if you get better and better at saving it actually can serve as a reinforcing tool by seeing how much money is in your bank account how much money is gradually stacking up you're going to feel good about that and be even more motivated to save money my fifth tip is to have one night per week that's scrounge night for dinner and what i mean by that is just look through your pantry look through your freezer and put together some kind of meal based on what you already happen to have around doing that just once a week isn't that big of a sacrifice and what i've found is that when i do that i end up coming up with these really funky fun meal ideas that are actually really delicious and you can even make it into an activity with you and your partner or your roommate and make it kind of fun and it'll feel so good to have one night per week where you just know you're not spending any extra money my sixth piece of advice is to get your hair done professionally less frequently or even cut your own hair now i gotta say i've started doing this because of covid i've actually cut my own hair for over a year now and i do intend probably to go back sometime soon but i found that people didn't really notice it or see it as a problem and i ended up saving hundreds and hundreds of dollars just on getting my hair done now maybe you don't want to cut your own hair maybe that's a little too extreme for you but perhaps you can go just a little bit less often to the salon or maybe if you color your hair say only color it half the times you go or find a way to color it that's going to not require you to color it every single time for example doing a balayage as a type of hair coloring allows you to grow it out for a longer period of time and for it to still look pretty natural of course along with that you could also just decide to stop coloring your hair my seventh piece of advice is to cut your guilty pleasures in half say you go out to eat or get take out once per week if you can cut that to twice per month think about all the money that you might be able to save or if you get a coffee or a latte out a couple times a week maybe just turn it into once a week by cutting those guilty pleasures in half you're still getting to enjoy them you're still not eliminating that happiness from your life but you're saving half the money that you would typically spend towards that thing so figure out what's your guilty pleasure what's something that maybe you could cut a bit back on and see if you can cut it in half for me i think people who say like never ever get coffee out i just don't know if i'm ever gonna do that because i love a good cortado or just a well-made latte and i do enjoy that so i'm not going to entirely cut it out of my life but if i can greatly reduce the frequency that i do that i might actually save up a lot of money over the course of say a year an eighth frugal tip is to cut back your consumption of meat if you do eat meat meat is often far more expensive it's also less environmentally friendly and so if you can just cut back a bit say have one night a week that you're always vegetarian or only eat meat twice a week or whatever is doable for you you might end up actually saving a lot more money than you think and i think a helpful tactic for this is to find meals that you really enjoy that fill you up that don't involve meat play around in the kitchen see what you can figure out that works for you my next tip is to save any monetary gifts or bonuses you get rather than using them to justify some kind of other new purchase i think it's really really easy when you're confronted with extra money that you didn't necessarily expect to use that as an excuse to make excessive or unnecessary purchases but i honestly think if you can find a way to just like save that money maybe put it in an account that you can't really have easy access to or see quite easily you're going to end up saving money and being able to use that towards maybe a bigger purpose or something that's even more meaningful to you my tenth tip is to split a meal when you go out to eat or at least be very conscious of what you're ordering and trying to find little ways to reduce the price of a meal when you do go out i know there have definitely been a few times in the past where once we decide to go out to eat it's like a free free-for-all it's like well now that we decided to waste the money of going out to eat let's just get what we really want but i think even if you decide to splurge a little bit and go out to eat you can still be conscientious of how you're spending your money and you can do it in a way that isn't going way overboard and still is a little budget conscious and if you don't want to split a meal just be conscious of maybe getting an item on the menu that's still appealing to you but costs just a little bit less my next tip is to track your spending obviously having a real budget and tracking everything is a good thing but even if you're not quite yet at the point of budgeting even at least making a log of all your purchases and how much you're spending can really bring awareness to your spending habits and again it's that sort of self-monitoring piece being aware of what you're doing and making a record of it can actually help change your behavior that act alone of tracking they've shown can actually change behavior and so i think it's really important that if you can find a way that's feasible to you to track how you're spending your money you'll likely end up saving a lot more and be happier in the long run my next tip is to plan your grocery shopping list to stick to your list and to plan meals whenever possible the more you can just be aware and cut out that little bit of extra excess stuff that maybe some of us are tempted to buy the more likely over the long run you're going to end up saving a lot of money plus it'll reduce the clutter in your home and in your pantry and now i want to share my final piece of advice that i think is the most important which is that remember you are your best asset i think it's easy to watch all these youtube videos or read all these books about frugality tips but you got to use your own insights and recognize what works for you and i know that might sound obvious but i think a lot of us implicitly know what we think might work for us like on an instinctual level there might be some frugality tips that attract us off the bat and some that don't but i guess i'm kind of giving the piece of advice to go even deeper to really sit down and brainstorm yourself your own list of frugal tips perhaps they're ones that i haven't even mentioned or thought of think back what are strategies that you've used in the past to save money that have actually worked for you actually sit down and write a list of ideas and figure out how you can implement them really evaluate each one on what's most feasible to you and what's going to make the biggest impact monetarily because if you can use a combination of frugal strategies that are kind of easy for you as well as maybe save you a lot of money you're more likely to be more successful you can also try to implement frugal strategies in a really methodical way like actually do things with intention be aware hey this week i want to try these two frugal tips and see how they go and evaluate how they worked for you at the end of the week actually doing that preparation planning and self-reflection and being aware of what works for you and what doesn't can greatly enhance the likelihood that you're going to be successful at actually saving money instead of just kind of going out on a whim and kind of implicitly trying things out do things with intention and use your own brain and your own reflection to help inform how you can be frugal in the future i think it's so easy to think like oh i want to be more frugal but it's that question of like how do we get an idea to switch into behavior how do we actually get ourselves to get up and make the changes to allow ourselves to save money and so i just encourage you to really think about what are the barriers for you in trying some of these frugal approaches if you're excited about a particular frugal tip just try it out don't hesitate don't wait use this as your wake-up call to give it a try i really think that frugality and minimalism they're mindsets and it's really about deciding to take on that mindset and to figure out what are actual ways i can change my behaviors and then once you try to change those behaviors using self-reflection to really evaluate how could i try this differently what would work better for me you are your own best advisor i have to say i used to give therapy in the past and one tidbit i just want to share with you right now that i think is kind of like an insight that i've applied to my own life is just that a lot of even what therapy is is helping you better yourself of using your own knowledge and abilities and resilience and hard work to improve your life people know what works for them they have knowledge of themselves and so use your own knowledge about yourself and what's worked for you in the past what appeals to you to try to really try to improve your frugal behaviors and impact your life think about it you could actually save up hundreds per month potentially by really implementing strategies that work well for you so hopefully you found some of these tips helpful i'd love to hear any tips you guys have that help you be more frugal feel free to comment below if you have ideas that you'd like to share but i really appreciate you taking the time to watch this video and again if you ended up liking the video hit the thumbs up button you can subscribe below for more videos kind of similar to this and that's all i have for you but i hope you have a wonderful rest of your day [Music] bye [Music] you

Channel: Elin Lesser

Views: 332,864

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Id: Qhs2RR_9di8

Length: 16min 54sec (1014 seconds)

Published: Sun Mar 28 2021