Frugal People Never Do These Things

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

Years ago I had a trick that let me shop without spending money. This was back when clothing catalogues inundated all our mailboxes. I would excitedly go through each catalogue, marking the pages of all of the items I wanted to buy. Then I would put aside the catalogue for a few days. When I looked the items over again later on, I had lost the need/desire for almost all of them. I had the thrill of shopping without any negative consequences. I do this on Amazon, as well. Whenever I see something I like, I put it in my Cart as if I were buying it. Then I just let it sit there. I go through my Cart every few weeks and say, "Oh, yeah, I really wanted that last month, but obviously I can live without it." This way I don't deny myself, but I don't make impulse purchases that I'll regret later.

A frugal person once said, “There’s a lot of meat on that bone, you throw that in a pot with some vegetables, and baby you got yourself a stew”

I NEVER waste food! After my 60th birthday party that was catered, we ate leftover sandwiches and chicken for 12 straight days. 😅 Don't laugh, we are debt free house paid for and think nothing of going on luxury vacations.

As a woman, it drives me crazy that so many other women complain about money, yet they are out getting mani-pedis, fake eyelashes, highlights, etc.

Everyone, no matter your net worth, should have a budget.

Everyone was talking about Stanley cups this past Christmas, and I thought everyone just became big hockey fans all of a sudden.

1. Impulse shopping 2. Never waste food 3. Use credit unwisely 4. Buy brand names only 5. Neglect budgeting 6. Buy new when used works 7. Ignore energy waste 8. Ignore DIY 9. Pay for unnecessary subscriptions 10. ? 11. Mindless entertainment spending 12. Sacrifice quality for cheapness 13. Purchase trendy items

On point. My mother always said, "buy once buy good". This channel is one of my favorites.

George! When you said "Hey Google order me a coloring book..." my phone heard that and started processing the order! I had to stop it immediately. Also, I wasn't aware my phone would pick up other people's voice, so I learned to turn off 'Hey Google. '

My wife and I are frugal, but we use one credit card for most of our monthly purchases and pay it off every month. We have been doing this for years and have never paid any late fees.

remeber last year eveyone wanted yeti products and now those same people are replacing them all with Stanley? I just can't imagine chasing treds like that

Using no fee, cash back credit cards to pay for things I would buy anyway, then paying them off before 30 days is definitely smart and frugal. I get a $500 check for my Costco card every year plus additional 5% off all my Amazon purchases.

Several years ago a middle-aged woman at my Church bragged her and her husband never budgeted his income. Within a few weeks she stood up in Church to give a 'testimony' that they couldn't make their house payments. A neighbor lady paid off their house mortgage. All I could think was shame shame.

If you struggle with impulse buys or suspect you're buying something you don't really need, I recommend putting it in the cart, walking the entire store and doing an internal debate of how much use you will actually get out of it and contemplating what else you would be able to buy for roughly the same amount if you didn't buy the impulse purchase. I find that helps to put things in perspective. I have put a LOT of things back on the shelf once I started doing this.

Great video. I'm definitely frugal -- but I absolutely agree on Charmin Extra-Strength. And Dawn dish-washing liquid. Some things save you money by spending a bit more.

With the exception of consumables, I would say frugal people go brand name often. When a shirt from LL Bean will last you as long as 5 from Walmart, why not spend a little more to avoid spending more often.

1. I’ve never done an impulse buy. I buy what I need or want. I research anything over $50. 2. I don’t waste food, except maybe salad stuff once every 2 months. I eat out once every 2 months. If you buy online & go pick it up, you buy much less junk. I also make food to give me about 5 meals and freeze half. 3. I use credit every day to get the points, but always pay it off monthly. Those points ends up being over $1000./ yr. 4. I may buy a name brand ketchup, but that’s about it. Oh, and I like my Charmin ultra strong! 5. I don’t budget, I just spend what I need and if I buy things I don’t use, I return them. 6. I buy my Volvo used, but my furniture either new or antique. I’ve had things 40 years. 7. My bedroom & upstairs thermostat is set to 60. Downstairs is 67 in day, 62 at night. 8. I do DIY. Built a concrete staircase w 7 steps myself, and I’m 67. Came out perfect! 9. I share subscriptions for tv, Netflix and phone bill w my kids & split it. 10. Entertainment? I’d rather own gold coins. 11. I only head to cheapness if it’s a temporary item. My couch is nice leather sleep sofa. 12. Who cares about trendy items. They are usually stupid.

Sometimes I get a wild impulse to spend money so I go on a spree at the dollar store. The nice one though lol

I disagree about using credit cards if you pay them off for the benefits. By charging my electric bill, fuel, food, etc... I have received back $1500+ in the cash back a year and paid ZERO in interest. Why leave money on the table!