In “19 Things I Quit To Save Money | Frugal Living,” the speaker, Sara, shares her personal experiences and choices related to frugal living. She discusses the importance of making intentional decisions about money and prioritizing where to spend and save. Sara highlights 19 different things she has quit doing, ranging from cutting her own hair to automating bill payments to avoiding unnecessary gifts. Throughout the video, Sara emphasizes the need for individuals to establish their own opinions and not be swayed by others’ judgments. Her goal is to inspire and provide entertainment while offering practical tips for saving money and living a more frugal lifestyle. Sara, a wife, mother, and Certified Financial Coach, shares her insights and experiences to help viewers achieve financial freedom and make smart financial decisions.
Quitting Negative Opinions
Not allowing negative opinions about how to spend money
You’ve realized that one of the first steps to achieving financial freedom and happiness is to let go of negative opinions about how you choose to spend your money. Whether it’s from family members, friends, or even society, it’s important to remember that your financial decisions are your own. By quitting negative opinions, you are freeing yourself from unnecessary judgment and allowing yourself the freedom to spend your money in a way that aligns with your values and goals.
Cutting Hair at Home
Prefer to cut own hair and save money on salon expenses
Why spend a fortune at the salon every few weeks when you can easily cut your own hair at home? Not only can you save a significant amount of money, but you also have the opportunity to develop a new skill and take control of your personal grooming routine. By investing in a quality pair of hair-cutting scissors and watching a few tutorials, you can achieve professional-looking results without breaking the bank.
Prioritizing Experiences
Spending money on experiences like renting a beach house
Instead of spending your hard-earned money on material possessions, why not prioritize experiences? By putting your money towards renting a beach house or going on an adventure, you create memories that will last a lifetime. These experiences provide lasting happiness and fulfillment, unlike material possessions that often lose their appeal over time. Investing in experiences not only enriches your life but also allows you to expand your horizons and try new things.
Limiting Facebook Usage
Using Facebook primarily for business purposes
While it’s tempting to spend hours scrolling through your Facebook feed, why not limit your usage and use it primarily for business purposes? By reducing mindless scrolling, you’ll not only free up more time for productive activities but also protect yourself from unhealthy comparisons and the pressure to constantly keep up with others. Instead, focus on using Facebook as a valuable tool for networking, marketing, and staying connected with business-related contacts.
Switching to Online Shopping
No longer shopping in person, preferring to shop online
In recent years, online shopping has become more convenient, affordable, and accessible than ever before. By switching to online shopping, you can save time, effort, and even money. Online retailers often offer exclusive discounts and deals that are not available in physical stores. Additionally, with the ease of comparing prices and reading reviews, online shopping allows you to make more informed purchasing decisions. Embracing online shopping can be a game-changer for your finances and overall shopping experience.
Importance of Rest
Prioritizing getting enough rest for better financial decisions
In the fast-paced world we live in, it’s easy to overlook the importance of rest and its impact on our financial decisions. Lack of sleep can impair your cognitive function, decision-making abilities, and overall well-being, which in turn can lead to impulsive and potentially costly financial choices. By prioritizing getting enough rest, you can ensure that you are making sound financial decisions based on clarity and mindfulness. Take the time to recharge and prioritize self-care, and you’ll find yourself making more rational and informed choices when it comes to your finances.
Automating Bill Payments
Saving time and often receiving discounts by automating bill payments
Gone are the days of worrying about missing bill payments or incurring late fees. By automating your bill payments, you not only save time and stress but also open up the possibility of discounts and reduced interest rates. Many service providers offer incentives to customers who set up automatic bill payments, such as lower interest rates or fee waivers. Take advantage of these benefits and automate your bill payments, allowing you to focus on other important aspects of your financial life.
Not Celebrating Milestones with Spending
No longer feeling the need to spend money to celebrate milestones
There’s no denying the excitement and sense of accomplishment that comes with reaching milestones in life. However, you don’t need to spend copious amounts of money to celebrate these achievements. Instead of splurging on expensive gifts or lavish experiences, consider alternative ways to mark these special moments. Opt for meaningful gestures, such as spending quality time with loved ones, writing a heartfelt letter, or organizing a small gathering at home. By shifting the focus away from materialistic celebrations, you can commemorate milestones in a more meaningful and budget-friendly way.
Avoiding Unplanned Purchases
Becoming more intentional about avoiding unplanned purchases and spontaneous spending
Many of us have fallen victim to impulsive purchases and regretted them shortly after. By becoming more intentional about your spending habits, you can avoid falling into the trap of unplanned purchases. Take a step back and assess whether a purchase aligns with your values, goals, and financial situation before making a decision. Implement a cooling-off period for significant purchases, allowing yourself time to evaluate whether it’s a necessity or a fleeting desire. By practicing mindfulness and being intentional with your spending, you can save yourself from unnecessary financial strain and buyer’s remorse.
Saving up and Paying in Cash
Choosing to save up and pay in cash instead of borrowing money
In a society dominated by credit and loans, it can be easy to fall into the trap of borrowing money for purchases. However, by saving up and paying in cash, you can avoid the burden of debt and ensure that your financial decisions are aligned with your means. Saving up for a purchase not only teaches discipline and delayed gratification but also helps you determine if the expense is truly worth it. By paying in cash, you avoid the additional costs of interest and fees associated with borrowing. Take control of your finances by building a savings habit and paying for your purchases with cash whenever possible.