Frugal: Sparing or economical with regard to money or food. This month I have to be frugal. No spending money on food, clothes, anything. I have to go on an extreme spending diet, because I have so much to look forward to. Sometimes we have to make sacrifices with our finances in order to make an important purchase. It can be so hard not to spend a dollar here or a dollar there, but it all adds up. Remember the challenge at the beginning of the year to write down everything you buy. That challenge was to help you see where your money goes. Money seems to go quicker when you spend it on smaller items then on bigger purchases. I realized when I did the challenge, that a lot of my money went to snacks. Now that I have a meal plan, there's really no need to spend money on that. I have to be more frugal. You all should revisit the challenge if you need some help with budgeting and saving. Simply, write down EVERY purchase you make for the next few weeks. Look for the items that are reoccuring, and make changes in how you spend accordingly. It's going to be hard to be more frugal this time of the year, but I know that it will all be worth it. Happy Savings!
Signed,
A Broke Student
