1. Living Cheaply

2. Living Extremely Cheaply
To live extremely cheaply, frugality has to become a lifestyle
Extreme means being creative and going beyond your regular means of saving and cutting back
Frugal living may require sacrifice
Over the next few slides, we will go over a few ways to save a lot of money, it is not necessarily about cutting everything out, but cutting out enough to be able to splurge on other things.

3. Rent Living at home saves you the most money
Look for deals on apartments
Get roommates to split rent and utilities with
Living further from your job might not be cheaper when you account for gas
Do research

4. Eating Going out to eat is much more expensive than eating at home
If you live a lifestyle where you may need quick meals, cook in bulk and freeze meals for later
Cooking small meals often is less energy efficient, try to limit the use of the oven to only large meals
Include filling items in your meals
Beans and rice are cheap and help fill you up
Portion the more expensive proteins accordingly, a whole chicken breast with little sides will fill you up the same as half of the chicken breast with rice and vegetables
Avoid prepackaged meals, Lean Cuisine meals seem cheap and easy, but you will pay for the convenience

5. Grocery Shopping Avoid buying name brand products
Avoid buying anything that is not on sale
When sales do occur on non perishable foods, stock up
Learn how to coupon
There are many websites and apps that can help with couponing
Don’t ever go grocery shopping while hungry
Plan your trip to the grocery store and have an idea about what is a good price for the items you intend to buy
Do your research

6. Shopping for other things
Don’t go shopping just for fun
Only shop for necessities
Don’t buy items that you can do without
Garage sales and thrift shops should be used as often as possible
Craigslist can be your friend if you know what you are doing, you can easily over pay for things if you aren’t knowledgeable

7. TV and Internet
Go without TV if you can, limit paying for cable if at all possible
Cable or Satellite TV generally costs $20 to $100 per month
If there are shows that you just have to watch, make friends and have a watching party at their place
You don’t need internet access at home
Libraries and coffee shops usually have internet access
Most apartment complexes have internet access in common areas
If you want internet at home, get the lowest speeds possible from the cheapest available providers, even the basic internet access plans will allow you to stream movies and play online games

8. Phone You need a phone, it’s 2019
Never pay for a landline, even if the company that you are getting internet access from says that you will save money
The savings are generally for a limited amount of time
Once that time is up, you will be paying more
In the long run, a landline will cost you more
If you can get an unlimited plan which includes the ability to make your phone a hotspot, you may be able to save money on a phone and internet
Be careful going this route, it is often times cheaper to have a more basic phone plan along with internet access at home

9. Vacation and Travel Research where you want to go
The internet is full of forums where people post deals that they have received, participate and ask questions
If you want to visit a beach, San Diego is not the cheapest option
Wait to travel when rates are the lowest, plan vacations around saving money, not around when you want to go
Book trips far in advance to save the most money

10. Memberships You don’t need to be a member of anything You can cut out:
Gym
If you attend a college, most have gyms that you can access for free
Netflix/Hulu
Steal you friends’ or family members’ passwords
Xbox Live

11. Make MORE Money
Living cheaply isn’t just about cutting back on things, you can do things to increase the money that you have
Have your own yard sale to make cash by selling things that you don’t need
Sell items on eBay or Craig’s List
Some people buy items at wholesale and resell
Find a savings account with a higher interest rate (often online)
Plant a small vegetable garden in the spring
Get everything possible back on your taxes
Get a part-time job

12. Make sure to reward yourself
Living extremely frugally can add stress to your life
You need to make sure that there is something tangible that you are working toward
Write down goals and celebrate when you achieve them