Live Frugally

Live Frugally

coffee

We don’t want to hear it but spending less consistently over time is key to growing wealth. Cut out the spending sprees, comfort shopping and jet skis. Make your coffee and bring lunch to work occasionally.

Implementation and cost

  • Don’t go overboard – Your spending limits need to be sustainable over the long run.
  • Use an online budget planner to figure out where you are spending your money.
  • Decide which ongoing discretionary purchases you can forgo.
  • Set a weekly spend limit and stick to it.

Similar posts you may like

  • Increase sales through referral marketing

    Referral marketing is a method of generating business from new customers through referrals from established customers and other stakeholders. Whilst often a natural process, Read more

  • South Korea’s robot tax

    In 2017, South Korea enacted the world's first robot tax. The law doesn't require robots to be taxed. Instead, they have reduced the tax Read more

  • Move your emergency fund

    An emergency fund is integral to achieving our financial goals and staying out of debt. However, because we think of an emergency fund as Read more

  • Mortgage Offset Account

        Mortgage offset accounts are savings accounts that are structured so your savings balance in the account is offset against your home loan Read more

"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2