Living on a small budget can be depressing sometimes — but you can rectify that by learning to live large while on a small budget and still get out of debt. Whether you like to travel or want to go out on romantic dates, you could find ways to do this without spending a ton of money.
Across the board, whether you want to travel, go out to eat or buy an expensive item, always check for special discounts. If you’re entitled to a military discount, combine that with a sale at stores that offer the discount. For example, save hundreds on an expensive appliance by combining the military discount with a holiday sale. Learning to manage money allows you to enjoy life without spending a ton.
1) Seek Quality of Quantity
Choose quality items whether you are shopping for groceries, clothing, housewares or other items. When looking for ways to save money, you will have the flexibility to save for better quality items no matter what you are shopping for. For example, instead of eating at a fast-food place a couple of times per week, buy the items you need to make a healthier lunch. Put the difference aside for that new outfit you are saving up for. Additionally, you’ll eat better for a lot less. Instead of going to one specific grocery store, look for farmers’ markets for quality produce at cheaper prices. If you shop near the end of the day, you may get some deep discounts on foods that are still fresher than what you find in the grocery store.
2) Get Out of the House
Whether you want to exercise or go on a romantic date, take advantage of nature. Walking, running, hiking or swimming burns a ton of calories and makes for the perfect free exercise. You can go to a park that doesn’t charge an entrance fee or hike in the mountains. Carpool with friends who also like to hike, walk, run or swim so everyone saves money – and you’ll enjoy these activities more with friends. If you are looking for the perfect romantic date, save on entertainment by taking your date on a hike to a favorite romantic spot. Bring a picnic with you for your meal. Sitting on a blanket overlooking a lake or somewhere with a mountain view is more romantic than any restaurant view — and you’ll have the benefit of finding someone who loves the outdoors as much as you do.
3. Free Meetups
To keep your kids and yourself entertained, arrange meetups with other parents. You could meet in a park with a playground or meet for a hike. Choose another parent with children the same age as your children. Your kids may be friends with the other children at school or you may know the other person as an acquaintance from work. You'll be able to make new friends and your kids will enjoy the outings while you live life on a tight budget.
4. Visit Discount Stores and Consignment or Used Clothing Stores
5. Save on Personal Grooming
Instead of going to an expensive hair salon or barber, go to a beauty school to get that cut and color. You could get a quality cut for as low as $10.