how to to be frugal and manage my money?

Answer 1

You take the basic steps to keep bills low, like using florescent bulbs etc, it is a lot easier to reduce spending, than make some killer deal that cost money but doesn't make money, however one of the best kind of investments is something like a large freezer.

Stores often have sales when food is half or less the regular price, and you can often buy volumes that are more than one person can eat, at a very low price, but prepackaged food like tv dinners are usually a very high price.

I had a friend who would look for salmon, say, that was "buy one get one free" and pick out a couple, at four dollars each say, that had a next day sell by date, and ask the meat counter to mark them down. So she would get the meat guy to take $2 off each of them. Then when she got to the counter she would have a dollar off coupon (she saved a lot of coupons and kept track of them).

So as the two pieces of salmon were $4 and she had a total of $5 in coupons, they were paying her $1 to take the salmon!
She did not manage this all the time but she did very frequently.

There are several things to learn there.

1 Buy at the bottom of the food chain, the more they process it, the more you pay.

2 Buy when they need to sell, instead of ordering windows after a hurricane wrecked them, she found where someone had ordered the wrong size, but that would still work fine for us so we had $800 windows for $25

3 If it is cheap buy all you can use, when chicken, or broccoli, or anything freezable, goes to half price on sale I may buy 20 pounds, and put the excess in the freezer, made up in single portions, But read the labels, buy by the pound, or similar, sometimes they trick you and the big volume is the more expensive.

4 It is amazing how much you can accomplish, just by being a good, nice person, but become good friends with the meat and produce people especially,.

5 Time spent with coupons can be well spent if you look only for what you would buy anyway.

6 Live below your means, most people are two paychecks from serious financial trouble that could take years to fix, if you lived like a person who made 3/4 as much money as you do, you could save 1/4 of your money. And then do that. Save the money in savings, or other very secure thing as opposed to trying to make a big killing in the stock market or something

Answer 2

Stop spending.

You need food and accommodation only. Everything else is a waste of money (assuming you already have some clothes to wear).

Answer 3

If this is a hardware related question... www.newegg.com has the best hardware deals. Just make sure everything you buy is compatible with everything else and youll get alot more bang for alot less buck.

Answer 4

Don't buy unnecessary things. It's as simple as that.

Answer 5

mininize your unnecessary expensis, and build credit, then save your money and then invest in realesate.