How to Shop Frugal
Why should you learn to shop frugal? Simple. With the way inflation has hit our lives, it seems that almost everything is out of reach. From simple grocery shopping to gas prices to interest rates for housing loans, everything seems to be increasing in price by leaps and bounds, and with great speed.
What can you do to save yourself from such a situation? Obviously, you cannot prevent inflation, so the only options left are to learn ways to save money, better budgeting, and live on less.
Since we often tend to overspend our budget mostly when shopping, frugal shopping is the main focus of this particular article.
First of all, frugal shopping may seem to be a difficult task at first, especially if you are accustomed to spending lavishly, taking out loans to repay that debt, and then using your credit card to repay those loans, etc.
The first thing you need to do is to motivate yourself to be a frugal shopper. Tell your mind the reason that you want to shop frugal: Do you want it to cut down your household expenses, to live frugal without going into debt, to save enough money to get out of debt, or to save money for future? You should have some clear-cut goals before you get started.
If you think you already spend your cash wisely, here’s some food for thought:
* Do you buy a lot of junk food every week, and then complain about the rising food prices when you don’t have enough money to buy your regular groceries? Remember that junk food is far more expensive than groceries, so cutting down on junk food should be your first priority. When grocery shopping, make it a point to buy food that you have to actually cook and prepare, rather than premade food (like deli type items). Buying food that you have to cook lasts longer, goes further, can be healthier for you depending on the food or meal, and is generally cheaper overall (verses the premade stuff).
* Do you tend to buy the latest cool new gadgets and gizmos that come along, and then don’t use them at all? Unless the gadget is of any use to you, there really isn’t a need to buy it. Buying something just to say you have it is an extreme waste of money. If you don’t have a use for it, leave it!
* Do you often find yourself spending more on shopping than your budget plan allows you to? It’s time to get a hold on impulse buying. The best way to do that is make a list and stick to it. When shopping, take only your list, coupons, and enough money to pay for what’s on that list. Once you’ve learned to control impulse spending, you’ll see that you’re saving a lot of money.
Remember that frugal shopping isn’t all that difficult. All you need is to exercise self-discipline and use a little bit of common sense and discretion.
Here are three frugal shopping tips to help you get started:
1. Use credit cards wisely: If you always carry the plastic with you, it would naturally trigger the buying impulse in you. Carrying credit cards when you shop makes it way too easy to charge on them and run up your debt.
That’s why when grocery shopping you should leave credit cards at home and just carry cash. Make a list of items to buy and take enough cash for that, plus any coupons.
2. Make the best use of coupons: Search for coupons you can use to buy your necessities. Remember that coupons and discounts are available for almost everything so you’re sure to find coupons for a lot of your shopping needs. It’s very possible to have a grocery cart bill of $300 and only pay $50 (if that much) for everything. Use those coupons!
Make sure that you use coupons only for buying things you or your family will actually use. If you use coupons for things no one has a use for, you’re just throwing money away and will lose money instead of saving it.
3. Procrastinate: This is one of the best things to do to successfully to get rid of wanting to buy on impulse. Anytime something catches your eye (particularly something expensive), make a note of the item, the description of the item, and the price. When you get home and have a few hours (or days) to think about the item, then consider whether it’s something you really need or have use of.
This method can save you a load of money! You’ll be surprised how a little procrastination on your part could you help you save big money on shopping.
Frugal Shopping can save you a lot of money. Learning to live within your means, using coupons, making a list, not impulse shopping, buying only what you have use of or need – all of these frugal tips can help you in your quest to learn to shop frugal.