How Can One Live Cheaply?

can-one-live-cheaply Credit: Pascal Le Segretain / Staff/Getty Images News/Getty Images

There are many ways to live cheaply. Before you spend any money, ask yourself if you really need the thing you are considering purchasing. Before shopping, write down all the items you really need and stick to the list. Doing so will help you save a lot of money and live much more frugally,

  1. Walk instead of drive

    Walk where you need to go whenever possible. For example, wake up an hour earlier and walk to work. This saves money on gas and provides exercise at the same time, eliminating the need for a gym membership.

  2. Make shopping lists

    Always make a shopping list at home before you go the supermarket. This way, you buy only what you need and are not distracted by things you don't really need. Another good tip is to eat before shopping for food. Grocery shopping while you're hungry can also lead to buying food you don't really need.

  3. Move to a cheaper place

    Find another apartment if your rent is too high. Moving takes a lot of work, but in the end is worth it since rent is typically one of the biggest monthly bills.

  4. Cook at home

    Find some time every day to cook a delicious meal at home. Make this a family activity. Cooking helps you bond with your children while also saving a lot of money.