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10 thrifty living tips to avoid

The picture shows a sum on a blackboard written out in chalk that reads: ‘1+1 =3’. The image is being used in an article about thrifty living tips that people should avoid. The image has a green boarder. It is being used in an article about the thrifty living tips you should avoid.

The internet is awash with thrifty living tips that all promise to save you money, but should you listen to every one? I don’t think so. Here are 10 thrifty living tips that you should avoid.  

1) There’s only one path to frugality 

One thing I’ve learnt is, there’s more than one way to do something. Just because somebody claims to have found the magic answer to thrifty living, doesn’t mean that their strategy will work for you. Listen to it, try it if you want, but don’t automatically believe you’ve just found the answer to all of your problems. What works for one, doesn’t necessarily work for another and that’s okay. 

2) I can do it all

If you try and embrace 25 thrifty living tips at once, then how many of them will you realistically stick to? Don’t overwhelm yourself. Make little changes and you will see results.

3) A deal always saves you money 

Just because something is on offer, doesn’t mean you should buy it. With this in mind, I try to avoid the end-of-aisle offers in the supermarket, because I often find that I end up buying things that I wouldn’t usually, just because they’re ‘on offer’.

4) I’ve got to buy the cheapest

Sometimes the cheapest option isn’t the best one. Assess quality and go for the item you can afford.

5) Second-hand items rock

You can pick up some cracking things second hand. But there are also things for sale that have seen better days. So with that in mind, be picky and make sure you try to only buy things that are in good condition.

The picture shows a ball of screwed up paper. Over the picture the text reads: ’10 mistakes to avoid when you’re trying to lead a thrifty life’

6) You can reuse everything 

Of course it’s important to determine if you can use something in a different way, before committing to a purchase. For example, instead of throwing our baby box away, I found an alternative use. However, sometimes you can pour too much time and energy into an item that just needs replacing. You’ve got to know when to admit defeat.

7) Buying in the sale saves you money

Sometimes sale racks can be dangerous places. They can entice you to buy things you wouldn’t usually, just because they’re cheap. So make sure you ask yourself: do I need it? Can I afford it?

8) Always stockpile if you can 

Yes, it might be on offer, but do you really need 18 bottles of shampoo? By excessively stockpiling you’re tying your money up in items that you might not need for a couple of months. So be mindful when throwing things into your trolley.

9) Skip car and house maintenance

There are places where you should spend money. Maintenance is one of them. If you don’t fix a small problem with your car, or in your home, then you may find that it escalates and costs you more in the long run. 

10) Prioritise frugality over everything else

If you go too extreme then you will become miserable. Yes, being wise with your money is important, but so is your well being. If meeting a friend for a Starbucks makes you happy, then allow yourself that treat.

What thrifty living tips do you avoid?


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