What Would a Frugal Person Do? Frugal Living Tips to Try This Week

Frugality is often the foundation of financial stability. You don’t have to become a more frugal person overnight. Just make small changes slowly and you’ll find your relationship with money improving soon enough.

For example, you can try being a more frugal person just for this one week and see how you like this new habit.

How to Live Frugally for One Week

1. Don’t Eat out or Order Takeout

This is a common piece of advice when it comes to frugality. Cook home and avoid eating out if you want to save money.

Understandably, not everyone can avoid eating out all the time – and fewer still would want to. Eating out, after all, isn’t just about hunger, it’s about the pleasure of the experience.

But try to stick to your goal and avoid eating out (and ordering take-out). For just one Sunday, be a frugal person who makes time to meal-prep and brings lunch from home.

2. Buy Used When in Need

Remember that frugality is about needs first. If you’re to be a frugal person this week, you shouldn’t purchase anything you don’t need in some capacity.

If you do find you need to purchase something, do what any frugal person would do – visit a thrift store. Thrift stores are a great way to buy not only used clothes, but utensils, toys, books, and furniture as well.

(If you’re paying extra attention, you should be able to buy gifts for a special occasion as well. Yes, a frugal person would buy a gift at a thrift store. That’s not stingy – it’s smart. It allows you to get something unique on a smaller budget).

3. Buy Generics Instead of Brands

Certain items cost more just because of the logo they’re sporting on a wrapper. That’s just a simple fact (you don’t need to look any further than Apple).

If you need to fill up your pantry, just this one week try substituting some of your favorites with cheaper generics. Aim for bulk options and sales.

Then sit down and compare how much more it would cost to buy what you usually buy. Maybe it’ll convince you to stick to generics in the long run.

4. Find a Way to Spend Time with Your Loved Ones without Spending Money

One of the greatest fallacies of modern time is the belief that you need to spend money to have fun with your loved ones.

Make this a milestone for your “frugal person week challenge” – convince your friends to participate with you in an activity that will cost zero dollars.

Maybe go for a walk with coffee in a travel mug, so you won’t have to order outside. Or go for a picnic with sandwiches made at home. Or find a free gallery show or a concert, or another even – something you won’t have to pay for to enjoy.

Who knows, maybe by the end of it you’ll find out you can have just as much fun as a frugal person as you’re having right now.

5. Prioritize Saving

No way around it – frugal people prioritize saving, so if you want to be a frugal person this week, saving extra cash should be your primary objective.

Maybe you could finally sit down, make a new budget and increase your monthly savings – if only by $20. No better time than the frugal person challenge week. After all, budgeting often plays a crucial role in one’s frugality.

What to Save for?

Do you have an emergency fund? If not – this week would be a great time to set one up! Having a well-funded emergency fund could make your life so much easier in the long run. It would be a safety net you could always fall back onto without having to stress about money.

If an emergency does come around before your fund is all set, though, you might want to look into short-term fast loans – say, signature installment loans – as a solution.

Signature installment loans are easy to qualify for, apply for, and they get you cash fast. You could get the cash you need TODAY, without having to worry about your credit history (all credit types are welcome at Missouri Title Loans, Inc.) or your income source (Missouri Title Loans, Inc. accommodates all sorts of income).

Just get the required items in the order and go!

How Do I Apply for Signature Installment Loans?

First things first, make sure you’ve got the required items – you’ll need a valid state ID or driver’s license, proof of income, and the statement from a checking account in your name.

After that just fill out the request form for signature installment loans on the website. A loan representative will soon contact you with further instructions.

Take the required items to the meeting they’ll schedule, so they can determine if you qualify for the loan. If you do – they’ll help you finish the process, and you’ll get the cash you need the very same day.

Apply for An Installment Loan Today!

Follow our simple tips on being frugal, and you’ll soon find yourself being a different person with healthy spending habits and financially secure future.

And if you ever find yourself being pressed with unexpected expenses caused by an emergency, remember that Missouri Title Loans, Inc. has you covered, and signature installment loans can help you take care of your problem. All you need to do is submit an online form to get your cash in a matter of minutes!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.