Tag: saving money

Sep 15

The 6 Habits of Highly Effective Frugal People

Six Habits of Highly Effective Frugal People

Highly effective frugal people have one thing in mind — making the most out of what they have so they can have more of what they love. Their habits develop around this core pleasure principle. Here are six habits of highly effective frugal people that can help you get more of what’s really important to you. Continue reading ...

Sep 14

How To Buy Stocks Like Warren Buffett – A Frugal Approach To Investing

Warren Buffett - "The Oracle of Omaha"

Warren Buffett’s strategy for buying stocks is low-maintenance, low-cost, and highly effective.  Why isn’t everyone buying stocks this way then? Well, I hate to sound cynical here, but no one makes money when you buy stocks directly and hold them for long periods like Buffett (except for the people like him that do it). Here is a simple and cheap way you too can buy stocks like Buffett. Continue reading ...

Sep 05

Good Quality Shoes vs. Cheap, Crummy Quality Shoes

The ASICS GT-2170 - A Good Running Shoe

I won’t buy crummy quality shoes. Sure, you may think those flimsy shoes are a bargain at $12.99, but I can assure you that you are wrong. You are being drawn towards the “False Value Trap” and I advise you to run away in whatever shoes you are wearing and to not look back. Don’t let the price sticker blind you to the reality that crummy shoes are something you should never buy (especially if you are a frugal minded shoe shopper). Continue reading ...

Aug 31

Packaging – Don’t Let It Trick You Into Paying More Than You Need To

PAM Packaging

Packaging is one tool that manufacturers can use to entice people to pay a lot for very cheap things. Think the classic pet rock. Get rock -> put rock in fancy box -> charge people $20.00 -> laugh all the way to the bank. The truth is, there are ‘pet rocks’ everywhere; products made of cheap ingredients that are repackaged and sold for huge mark ups. Frugal shoppers can put their money to better use by being informed. Continue reading ...

Aug 22

Frugal Living Is Not The Same As Being Cheap

Frugal Living

Frugal living is often misunderstood. Many people confuse being frugal with being cheap. Let’s try to clarify this once and for all. Continue reading ...

Aug 18

Best Times To Buy Stuff On Sale Throughout The Year

Best Time To Buy Stuff On Sale

Sales on many items follow a regular and consistent yearly pattern. Saving money is easy when you understand these patterns and use them to determine the best times to buy things on sale. Continue reading ...