10 Classic Frugal Tips You Need To Embrace, According to Kate Kaden
Frugal-living influencer Kate Kaden recently published a YouTube video sharing 10 tried-and-true tips for being a good steward of your money. Which of the following are you already doing, and which will you try?
1. Use What You Have
You probably have plenty of food, cleaning products and toiletries stashed in your fridge, freezer, pantry, cabinets and closets. Before you run to the store (or visit Amazon), take inventory of what you already have so you don’t waste money buying duplicates.
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2. Cook Once and Eat Twice
Eating leftovers is good for your schedule and your wallet. Make an extra portion (or two) to save time and avoid ordering takeout.
3. Eat More Whole Foods
Chips are yummy, but fruit, cheese, and nuts will keep you fuller, longer. When your diet consists of whole foods, you won't have to eat constantly to stay satiated, reducing your grocery bill. Plus, you may save money on future medical bills by eating healthier!
4. Create a Boring Shopping List
If your grocery list looks a little dull, you're probably on the right track. Boring staples like rice, potatoes, pasta, and peanut butter are nutritious, versatile, and budget-friendly.
5. Delay Purchases
Once you’ve clicked “add to cart,” step away for 48 hours. You may forget about the item or decide you don’t need it — both outcomes keep money in your bank account.
6. Unsubscribe From Retail Emails
You're bombarded by tempting ads everywhere you look, but you can take some control by uninviting retailers from your inbox. As Kaden said, "Out of sight, out of cart."
7. Plan for More Expensive Seasons
You know, certain times of year hit your wallet harder — think summer vacations and the holiday season. If you budget and save in advance, you won’t feel the financial strain as much.
8. Eat What's About To Expire
If you’re like many people, you likely have food that’s close to expiring. Build meals around those items to minimize waste and save money.
9. Shop Your Closet First
Invited to a wedding or job interview? Before buying something new, see what you can put together from the clothes, shoes and accessories you already own.
10. Build a Budget Buffer
Kaden recommends keeping a budget buffer — about one month’s worth of living expenses in your checking account. Separate from your emergency fund, this cushion can help cover small, unexpected costs without disrupting your regular budget.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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