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Frugal Living Anything to do with saving money, living for less, how to save, free stuff, etc.

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  #1  
Old 03-05-2014, 12:58 AM
RNMOM RNMOM is offline
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Default What saves you the most money?

If you could do only ONE thing that is frugal and saves you the most money,
What would it be?
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Old 03-05-2014, 01:35 AM
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I already did it.
I got out of debt.
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Old 03-05-2014, 02:02 AM
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Taking away constant expenses like property taxes etc., I've found the one thing that I can control the most.

1.5 years ago I had to suddenly stop working, but have had to maintain the same home and fixings somehow now on 1/3 the income I used to have.

Gas for my truck.

We have now consolidated our trips to town to twice a month. Everything here is a long drive to get to and with a truck that gets only 18mpg the difference has been the biggest controllable money saver.

Of course there are many other things that we have done to be as frugal as possible, and when added up it is somewhat substantial. But you asked for one item, and for me that was it.
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Old 03-05-2014, 02:03 AM
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If you could do only ONE thing that is frugal and saves you the most money,
What would it be?

If I Could do without my truck.
But alas impossible.

Get off the power grid.
Not only the bill but the appliances it runs.
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Old 03-05-2014, 02:17 AM
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If I Could do without my truck.
But alas impossible.

Get off the power grid.
Not only the bill but the appliances it runs.
I agree with the grid. Since we used to be off-grid at our old home, I often think of setting up that way again.

But when looking at the hardware cost to do it now compared to my electric bill, it would take way too long to get the return to break even. Maybe my electric bill is smaller than others at $60-$70 per month - I don't know.

We have our home setup to survive a long period of time without electricity just from our experience - the only thing lacking right now would be refrigeration.
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Old 03-05-2014, 09:47 AM
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I think growing so much of our own food and doing all our own repairs and building. Well, that's two things.
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Old 03-05-2014, 10:41 AM
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I agree with the grid. Since we used to be off-grid at our old home, I often think of setting up that way again.

But when looking at the hardware cost to do it now compared to my electric bill, it would take way too long to get the return to break even. Maybe my electric bill is smaller than others at $60-$70 per month - I don't know.

We have our home setup to survive a long period of time without electricity just from our experience - the only thing lacking right now would be refrigeration.
I investigated solar with one of our forum members and it would set me back so much I couldnt live long enough to pay it off or afford it.
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Old 03-05-2014, 10:43 AM
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I already did it.
I got out of debt.
NOW that is the primary desire of all of us--Congradulations.
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Old 03-05-2014, 11:05 AM
Mom5farmboys Mom5farmboys is offline
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Raising my own food and preserving it. By gardening, planting my own fruit, and wild foraging. Also raising our own meat.

#2 buying second-hand, clothes for us and the kids, tools, equipment, and appliances. whether thrift stores, garage sales, consignment stores, or craigs list.

#3 avoiding using appliances when I can. I rarely if ever use my dryer, clothes go on the clothesline in the summer and wooden racks in my basement in the winter. When moneys tight and I want to get the electric bill down even farther I set up 2 dishpans of hot water to do dishes, and just by not using my dishwasher, this saves us a lot, (but with feeding 5 boys, I sure do appreciate the convenience!) Using crock pots, electric roasters, etc instead of the using the stove, especially in the summer.

I know you only asked for 1 thing, sorry if I got carried away
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Old 03-05-2014, 01:09 PM
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Keeping on top of maintenance/life span. Necessity makes a poor bargain. Allows us to save up the money and/or take advantage of a good deal. We can also decide the item is now a want vs. a need.
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Old 03-05-2014, 11:38 PM
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Learning to live the frugal lifestyle which covers all the others
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Old 03-06-2014, 05:50 PM
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Cooking at home. We don't eat out very often, only if we will be gone an entire day and even then take sandwiches, snacks, and drinks with us for at least one meal.
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Old 03-06-2014, 06:18 PM
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The kitchen!

To order a large delivery veggie pizza would cost me about $22. To make one using my own veggies would cost less than $5, and I would have sauce left over.

To buy raw veggies costs, when I plant the veggies for 33 cents for a package of seeds it saves.
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Old 03-06-2014, 08:59 PM
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Cooking at home. We don't eat out very often, only if we will be gone an entire day and even then take sandwiches, snacks, and drinks with us for at least one meal.
Good one! We do exactly the same. When we do our bi-monthly grocery run, or the trip to one of our specialist doctors, it is an all day event. My wife always packs a small cooler with water and snacks. I will only stop for a hot coffee when done for the ride home. To stop at those mini-marts for a drink and snack is so expensive!
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Old 03-07-2014, 02:43 AM
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Primary was to get out of debt. Did that about 5 years ago, and the financial and psychological benefits have been incredible.

First step for us would be to eat all leftovers.

We try pretty hard to eat them all, or freeze portions that we won't eat right away - but we still really throw far too much food away.

This would extend the utilization of our gardening and preservation efforts, thereby reducing purchased food.

Second step would be to increase the variety and output of the garden. Since canning is actually a bonding activity for us, we would naturally have more home grown stores.

Third step would probably drink less beer and Irish Whiskey bumps when we go to the Legion for their Friday Night Dinners.

But, heck, that's a last resort.
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Old 03-07-2014, 01:40 PM
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Quote:
Originally Posted by RNMOM View Post
If you could do only ONE thing that is frugal and saves you the most money,
What would it be?
Making the child pay for her own gas/insurance. (I have to be honest here.)
As far as money savings for us, I would say only using the $4 scripts as much as possible.
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Old 03-07-2014, 04:35 PM
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"I already did it.
I got out of debt."

AMEN! You simply don't realize how much money you have until you don't have to pay ANY interest.
Live below your income and pay off your debt.
My folks would have called a "home equity line of credit" what it really is...a second mortgage...not something to brag about, but something to be pitied for. If you can't afford your mortgage, you need to move to something you can afford. The commercial from a few years ago..."I'm in debt up to my eyeballs, somebody help me" is exactly right...but you need to help yourself.
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Old 03-07-2014, 06:53 PM
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Waiting. It goes something like this:

Day one: Wow! Look at this gadget -- it slices. it dices. it even comes with free shipping. I'd better order it now while it's still available.

Day two: I wonder if they still have free shipping? Where would I keep that gadget?

Day three: That gadget would be nice but i can get the job done with this doodad I already have.

Week one: What was that gadget called?

Week two: Gadget? What gadget?

Almost never: I am SO glad I have this gadget? It practically saved my life! I sure am glad I bought that gadget when I did. Thank you gadget!!
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Old 03-07-2014, 09:23 PM
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Waiting.

Week two: Gadget? What gadget?
I agree, if I wait a year or 2 - I always find the gadget at a garage sale or thrift store. I have some gadgets that make canning/preserving easier - and that's also my biggest money saver -putting our own food down.
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Old 03-09-2014, 01:25 AM
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I have some gadgets that make canning/preserving easier - and that's also my biggest money saver -putting our own food down.
That's more like production (increasing value) rather than saving (spending less).

Real life example: Food we stored years ago (and is still good for years to come) has gone up in value more than the interest that the money in the bank would have earned. Who would have thought that preps were actually an investment asset instead of an expense??
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