How to Embrace “Living Stingy” Without Being CHEAP

Living a stingy lifestyle doesn't mean you'll be scraping every penny you can save for the rest of your life; it does mean that you need to tighten things up and get back on track to financial well-being. 

The good news is you can live stingy without being cheap or driving your family nuts with your cost-cutting. 

The key is to save money on necessary expenditures, eliminate spending on items that don't bring you joy and make the occasional sacrifice. 

Set Financial Goals

The first step in embracing the stingy lifestyle is to create a plan. It would help if you listed out your goals, such as paying down student loan debt, saving to reach financial freedom, paying off your credit card, or simply feeding your savings account. 

Saving Money With Zero Based Budgeting

You budget every penny that comes into your bank account. That way, you know where every dollar you spent went and allows you to analyze and adjust for future improvement. Furthermore, it keeps you from wasting your money on useless stuff! 

Limit Your Subscription Plans

With accounts on your smartphone, you can mindlessly subscribe to or purchase in the Appstore without even realizing you did so! They just tac it onto your account and charge you without you even realizing it happened.