Being rich isn’t about having fancy cars, a yacht, and a dozen vacation houses scattered around the globe. Being rich means managing your finances in such a way that you can live the type of life you want. And that means learning to manage your income, expenses, and investments well.
The ‘Frugal’ subreddit is a 3.8-million-member-strong online community that has been around for over 15 years. It is dedicated to frugal living and saving time, as well as money. We’ve collected some of their top pieces of advice to share with you. Scroll down to check them out.
Bored Panda got in touch with personal finance expert Rick Orford for his thoughts on budgeting, plus his advice for anyone who’s not sure what to invest in. You’ll find our full interview with the author of ‘The Financially Independent Millennial,’ about why even small savings and investments are important, below.
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#41 My Belt Broke At Work Several Months Ago When I Only Had $4 In My Account. Shortened A Ratchet Strap To Improvise. Best Belt I've Ever Had. Unlimited Adjustment Options
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102points
#42 The Name And Store Brand Tomatoes Literally Come From The Same Factory. $1.19 vs. $0.79
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102points
#43 It’s Getting Hot In Phoenix, Az - $4 Length Of Cloth From Goodwill For A Sun Barrier On My Patio - It Keeps My House 10 Degrees Cooler
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101points
#44 Made A Scrubber With Leftover Materials. Made This From Leftover Flannel Fabric, Old Bra Inserts, And Netting Fabric In Under 10 Minutes With My Sewing Machine
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96points
#46 Probably An Obvious One, But I Save The Fruit My Kids Don’t Eat In A Ziplock In The Freezer And Use It For My Weekend Smoothies
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90points
#47 We Live In Canada And Get Our Milk In Bags. After We Are Done With The Milk, We Wash And Reuse The Small Bags For Snacks And Other Small Items Instead Of Buying Ziplocks
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81points
#48 I Saved $70 Off This Grocery Haul By Using Coupons And Shopping Sales! I Only Spent $120 And It's Even More Than What It Looks Like In The Picture
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79points
#49 My First Time Using The "Too Good To Go" App At One Of The High-End Donut Shops In My Area. 45$ Value For Roughly $16
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77points
#50 I Used The Traditional Japanese Art Of Kintsugi To Repair My Cracked Toilet Seat Instead Of Throwing It Away
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77points
