Jul 102018

Ways to Stay Frugal

Posted on July 10, 2018 Uncategorized

Ways to Stay Frugal


Regardless of the time of year, and regardless of your financial status, finding new and different ways to be frugal is nothing but beneficial. There are plenty of tried-and-true ways to save some extra money doing your normal day-to-day errands and chores, and at Polam FCU, we’re always on the lookout for more ways to help our members save money in any way possible.


While there’s really no limit on useful tips and tricks to save money and be frugal, here are a few of the frugal habits we think work well:


  • Limit dining out and/or ordering takeout. This is one of the easiest and most frustrating ways people can blow their budget – spending money on restaurants, bars, nightclubs or takeout. And with apps like Postmates and DoorDash, it’s easier than ever to go online and order from your favorite restaurant. However, not only do these expenditures add up quickly, you’re not accounting for taxes and tip in the subtotal. Even trips to Starbucks can add up. Instead, start cooking more at home, bringing a lunch to work instead of dining out, and brewing your own coffee at home to avoid that Starbucks sticker shot (who needs to pay $4 for caffeine, anyway?).


  • Go old school with clipping coupons. If you have a mailbox, you’re likely getting stacks of ads for various grocery stores offering daily or weekly deals. And oftentimes, those cumbersome stacks of ads contain coupons (so don’t throw them out right away!). It may seem a bit “old school,” but those coupons can save you money – even if it’s just saving 50 cents on a bottle of detergent. Keep an eye out for coupons both in the mail and in your grocery store, and some grocery items even have coupons attached to the product. Having that coupon book on hand the next time you make a grocery run could save you more than you might imagine.


  • Buy in bulk for certain items. If you have a family with children, odds are you’re going through plenty of food, laundry detergent, and cleaning products. Those costs can and will add up depending on where you’re shopping. If you’re a member of Costco or Sam’s Club, make a list of the groceries you go through the fastest and compare prices with the stores you more regularly shop at. You’ll find that you might save money shopping in bulk at one of these big box stores.