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10 Frugal Living Hacks to SURVIVE High Cost of Living Areas 4 месяца назад


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10 Frugal Living Hacks to SURVIVE High Cost of Living Areas

Living a frugal life in a high cost of living area isn't impossible, it's actually a necessity. Here are 10 frugal hacks for high cost of living areas. If you would like to support my channel!: https://www.buymeacoffee.com/williamsauQ Mint Mobile (save on your cell phone): https://mint-mobile.58dp.net/rn6rJQ My Favorite Personal Finance Books Your Money or Your Life: https://amzn.to/3VExSUV The Simple Path to Wealth: https://amzn.to/3RODWJp Die With Zero: https://amzn.to/4bjwQ6D Budgeting Video:    • Budgeting For Beginners | How To Crea...   Chapters 00:00 Start Here 00:54 Live In A Central Location…Even If It’s (Slightly) More Expensive 02:10 Concentrate Fun Spending On The Weekends And With Others 03:22 Do Things, But Don’t Go All Out 04:29 Embrace Free Things Going On 05:09 Always Leave Your House With A Full Stomach And A Water Bottle 05:48 Buy More Experiences And Less Stuff 06:22 Find The Cheaper Options 07:15 Don’t Become A Yuppie 08:16 Get The Cheaper Things When You Leave Your Area 09:05 Track And Stay On Top of Your Expenses It is not only possible to be frugal in a high cost of living area, but it is a necessity. Unless you are making a huge amount of money, in order to survive a high cost of living area you must develop frugal habits. In this video, I share 10 frugal living hacks for high cost of living areas. 1. Live In A Central Location…Even If It’s (Slightly) More Expensive A huge thing that drives up the cost of living is car ownership. When you live in a car dependent area, you spend more money on parking, gas, and wear and tear. One frugal living hack is to choose to live in an area that is in a central location where you do not have to depend on a car. Even if it's slightly more expensive, if you can walk more, you can save a lot of money. 2. Concentrate Fun Spending On The Weekends And With Others We often spend money throughout the week on things like eating out, coffee, and convenience, but if you save your money throughout the week on those things, you will have more money to spend on fun things on the weekends without going over budget. 3. Do Things, But Don’t Go All Out Being frugal is simply about being intentional. When you live in a high cost of living area, there are more things to spend your money on. If you are just intentional with your spending and go the frugal route and find the cheaper options, you can save money while still enjoying things. 4. Embrace Free Things Going On Generally, high cost of living areas are more dense, which means that there is more free stuff going on. If you embrace free things going on throughout the area, you can fill you day without spending too much. 5. Always Leave Your House With A Full Stomach And A Water Bottle Being frugal is about making sure you don't spend money when you don't have to. One simple hack is simply whenever you leave your house, make sure you have a full stomach and a water bottle. This can allow you to seek convenience and spend money on these things. 6. Buy More Experiences And Less Stuff For most people on normal salaries, you have to prioritize what you want in life. I believe in spending more money on experiences and less on stuff. If you make that compromise, you can avoid going over budget. 7. Find The Cheaper Options Many people think that what makes an area expensive is simply rent; however, other huge factors are where you shop, eat, and do activities. Cheaper alternatives are around and if you do research you can find cheaper options to save money. 8. Don’t Become A Yuppie A Yuppie is a young urban professional that is often very materialistic and keeps up with the latest trends. In high cost of living areas, there are many Yuppies. Avoid becoming a Yuppie in order to save money. 9. Get The Cheaper Things When You Leave Your Area Oftentimes when you live in a high cost of living area, prices are inflated like gas. Whenever you leave your area, run your errands to get the cheaper options. 10. Track And Stay On Top of Your Expenses When you live in a high cost of living area, it is very easy to overspend and go over budget. It is important to track and stay on top of all your expenses on a spreadsheet in order to not go over budget. **Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **

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