Budgetting, Money, Saving money

Frugal Living – What does that mean?

Do you ever feel like everyone has a different view on frugal living? Do you wonder what it should look like for you? I used to look through dozens of posts trying to find out what the best method was for being more frugal. Along the way I discovered a few things and I would like to share them with you. Because frugal living is not about what other people say it is, it is about what it means to you!

Frugal Living - What does that mean?

 

Find out the reason

The first thing you want to do, is finding out the reason why you want to live frugal. Some common reasons are:

  • wanting to get out of debt
  • trying to be self sufficient
  • saving for something big
  • hoping to be able to retire early

Whatever your reason is, try to figure it out before you do any research. We are lucky enough to not be in any debt, but I have read so many (amazing) posts about how you can get out of debt quickly. And although there are some amazing tips out there, we can’t really use it. So I don’t recommend wasting time on reading those articles. If I had figured out what our main reason was, I could have looked for different articles.

Our biggest reason for being frugal is moving to Australia. Emigration is not cheap so we need to save as much money as we can. Another reason to cut back in costs is me wanting to be a stay-at-home mom. This means I try to look for general frugal living posts, but also for those related to saving.

You can read the articles about another subject any time! You can learn from it and it can definitely help you in your frugal journey. Just make sure you focus on one area first, so that you can get started.

 

Determine your own definition of frugal

To me, this is just as important as finding out why you want to cut down in expenses. Everyone has a different definition of being frugal and that’s ok.

To us it means:

living well below our means to save as much money as we can, whilst still enjoying life to the fullest

In practice, this means we live frugal but still want to do fun things. We have a budget for every category in our lives, and one of them is ‘entertainment money’. Once a month we want to be able to drink a coffee somewhere, get ice-cream or have lunch together. It is important to us and as long as we still have money left in our budget, we can do this.

When you want to get out of debt quickly, you might not have the means to add entertainment money. Or maybe it is the other way around; you want to get out of debt but have decided to have $100 a month for you and your spouse’s hobbies. That is totally fine, and something you need to determine for yourself. As long as you have decided what frugal living means to your family and stick to it.

 

Look for inspiration

And here comes the fun part! Now it’s time to look for inspiration! I have found some amazing people through Pinterest (Check out my Pinterest here.) and gathered them onto boards. This way I can look back at some articles that I loved. It is also a great resource to find some awesome and cheap recipes!

These are some of my favourite blogs to follow:

www.funcheaporfree.com This is a blog by Jordan Page and it is my absolute favourite. The blog itself is a bit ‘overwhelming’ to me (I like simplicity remember;) But it is a great blog to find fun, cheap or free things to do and eat. You can also find her on Youtube, so if you are like me and like to watch videos during cooking, you can check that out as well.

www.frugalandthriving.com.au A great blog to find tips that are specifically for frugal living. She has some great tips! It is an Australian blog, so there are some tips that include Australian stores.

 

I would love to hear what frugal living means to you! What is your definition of frugal? Do you have any websites that you really like? Let me know in the comments or send me an email.

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