I need a refresher course in frugality. Since paying off my car in October, I’ve gotten a little…well, lazy, about keeping up with my frugal ways. I’ve been complaining for a few months about how I’m having a hard time getting (and keeping) money in my Freedom Fund, so I’ve taken a hard look at some of the products and services I regularly purchase and have found ways to make some cuts.
For right now, the following are on the chopping block:
1. My favorite coffee
My organic, shade grown, Ethiopian coffee from Trader Joe’s is delicious but the price has gone up to $9.99 per can. I go through a can in about a week and a half, so by switching back to Folger’s (which my recent taste test has found to be decent), I can save about $15-$20 per month.
Once a rare treat, these have become a monthly indulgence. But at $30 a pop, I can’t afford it right now. A bummer, especially with sandal season coming, but necessary.
I have impulse control problems when it comes to buying books. I’ve simply been letting myself buy too many books recently. By cutting out book purchases, I think I can save $40 or so per month. Library, here I come.
4. Wine that costs more than $5 per bottle
There’s no excuse to pay more than $5 per bottle of wine with a Trader Joe’s in my neighborhood. Before you scoff, there are some ridiculously good bottles at TJ’s for $5 and below. My favorite is La Finca Malbec for $4 per bottle. If TJ’s sells wine in your state, check it out. You will be amazed at the delicious options that are out there. I think that being a cheap wino will save me $25-$30 per month and will probably be really easy.
I’ve already come up with about $125 worth of cuts but I need help! How do you cut corners? Again, I need a refresher course in frugality. Hit me with your best frugality tip, readers!