Monday, August 18, 2008

Five Ways to Be Frugal

I know of some people who just can't save. Spending is fun, but make sure you save as much. Here are my ways of being frugal:

Buy only your necessities. If you can survive without it, you’re probably better off without it. I won’t buy high quality toilet rolls, because a toilet roll is a toilet roll. We’ll still use it for our “business” in the loo, so why spend more on something you’re going to flush down the drain?

Pay off your debts. When you get your salary, make sure you pay off all your debts or at least part of it. Make it as a habit. This is one habit you should never change.

Shop during major sales. Take advantage of discounts and offers. Buy high quality items for half price or less. Quality items tend to last long, hence allowing you to save money in the long run.

Don’t buy a car. I don’t have a car and I use public transportation all the time. Car value deteriorates with time, so it’s not a good investment. When I use public transport, I am forced to walk. That means, I exercise more. You could buy a motorcycle, though. It beats having a car, except when it rains. ;)

Collect coins. My boyfriend and I love to collect 50 cent coins. We save about RM200 a year with this method. I call it “forced saving“. You can try saving dollar notes or whatever currency you use too. You’ll be surprised how much you can save.

Why don't you share YOUR ways of being frugal? I'd love to know!

19 comments:

  1. Good tip Debbie..

    I save spare change too in a nice big piggy bank that looks like botol susu...lol.. i think I'll take picture of it one of these days...lolzz

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  2. heheh.. I dah cuit cuit semua benda yg ada kat sini.. kena cakap melayu lah.. sat ni.. kena saman..lolz!!

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  3. Hi dear! When the RM5 new note first came out, we were so impressed with it, cause it looks so lawa and fresh, so we started saving all he RM5 we had in a box. Almost one year and we ended up with RM1500!! Hmmmm, maybe we should start doing that again! :):):)

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  4. LJ! I thought u wanted to cuit2 in Craft? Anyway, hehe those are the things that I currently practice. :) We also got la the tabung botol susu back in Kuching! :):)

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  5. Hi Marzie! :) Wah that's a good way! Banyak tu RM1500! Those RM5 were so nice kan? Now most dah renyuk. I collect old notes now, like RM1, RM2, RM5 and RM10 yg dulu2 but still can be used. :):)

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  6. hehe.. yelah.. i pun lupa.. next time i cuit2 kat sana lah pulak...lolzz!!

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  7. Eh, dah balik? I went to sleep tadi. :):) I nak survey mp3 player la for my brother.

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  8. tak jadi pegi lah.. tunggu client confirm dulu... so just lepak kat office sebab ada org hantar pc for repair tadi..

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  9. Eh, I heard the pc stuff is cheaper at Imbi Plaza than Low Yatt. Betul ke? Try tanya ur hubby. He mesti tau kan?

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  10. Depends on what you are getting actually and at what store.. for us we have a usual store that we go to and the fella there knows Azwaj (A)...lolzz.. so dapat murah SKIT jer lahh..

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  11. I nak cari mp3 players ni, tapi taknak yg cikai punya. Kalau ada yg branded but less than RM100 kan bagus. :):)

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  12. hmm... mp3 player.. not sure lah. got to check ...hehe

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  13. looks like it lah...hehhe.. dec sales ok gak kot!

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  14. If they're for Christmas gifts, takleh tgu Dec sales la. Hehe..

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  15. well, i kumpul coins every month I will bank them in o my asb good investment though .. coins only every month I will have around RM90-100.

    take publictransport and not car cause with car not only ur paying for the petrol but also the tolls and maintainence .. mahal tu

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  16. Good la if can save in ASB at least RM100 every month. Yes, owning a car is expensive! I agree with you totally.

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  17. I loved the RM1 coins too, sayang dah tak blh pakai kan? So cute and convenient! :)

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  18. Ye la, should've kept some for collections. kan? Hehe..I think the latest RM50 note looks hideous! Tak cantik langsung and looks like monopoly money!

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