How to live a frugal life

It’s good to be frugal
You can save more money that way
You can have extra money for other things in life
You can save for a rainy day
Why do you need to spend more anyway
Frugal life is the best< p>

Skip brand names

Brand names are a nightmare if you want to save
They only cost more but the quality is not more
You’re being fooled by the brand name
What is the difference between a Lexus and a Camry? Nothing, just the name. The engine is the same but you’re paying $50k more for the Lexus
This is a horrible way to spend your hard earned dollars
Try generic brand
Generic brand and store brand have the same quality
They are just less promoted and thus cost less
You can find high quality generic names
They cost less and have the same quality

Avoid the mall

If you want to save money, avoid the mall at all cost
You can try outlets, less expensive brands stores
Try a sales instead
Try wholesales stores like costco, sams club
Avoid elegant places like pavilion, albertson, Ralphs, you have to pay for their elegance

Invest

You can take your savings and invest it and make more money from it
Try bonds, stocks, real estate
Foreign currency
Put it in a bank slot and don’t spend it
Avoid the partying scene
If you’re going to a party, chances are you will be paying for a lot of people
Unless you want to pay $400 every weekend, you should make other plans
Why do you need to pay for everyone? Because they’re not paying for you
It’s ridiculous to have to pay for the entire group