Hello Dear Reader,
I live a quiet and simple life and here's my final simple solution for living cheaply.
5. Form good habits.
It has often been said that once you've done something for thirty days, you have formed a habit. This new habit could be taking your own lunch to work, packing lunches for the children instead of giving them lunch money. A new habit could be sharing a lift with a colleague instead of sitting in the car on your own. The new habit could be walking the two miles to work instead of driving.
Here, if you are interested are some of my habits.
- Read the gas, electricity and water meters every Monday. Submit the readings online. Try and reduce the bills by a few kwh/m2 every quarter.
- Menu plan and write a shopping list and stick to it.
- Take my own lunch and coffee to work.
- Over pay my mortgage by as much as we can possibly afford every month and live on what's left.
- Bank/Save 10%+ of our joint income per month
- Not to spend our spare cash just because we can and not to go without for the sake of parsimony.
- Look after our possessions to make them last so we don't have to replace.
- Have a good enough and I don't need to upgrade mindset.
- Air dry clothes on the line or in front of the wood stove.
- Home cook all our food and we don't eat out (tried it, it was sh............)
- Don't go to the pub and don't buy wine in the UK.
- Buy a few good quality clothes once a year and stick to a tiny budget.
- Not having a holiday this year to compensate for rising costs.
I didn't always do these things, I had to start somewhere and it's now habit that keeps me going and actually makes it a very simple and easy way to eradicate the debt of my mortgage as quickly as I can. It was motivation that started my frugal habits and this is where I hand this over to you all. What motivates you to save money and what habits have you formed that help you get rid of that debts, pay of the debt of that mortgage or to save for that holiday in the Maldives you've always wanted.
Love Froogs xxxxxxxxxxxxx