Saturday, October 25, 2008

A More Frugal Way...

I'm the most frugal person I know, but my goal is to save more and still enjoy life :) I will be posting the normal things I do to save money that will hopefully help other people and explore new ways to be frugal. I highly recommend Mint.com to anyone that wants to track your spending habitats. I have been doing this for over a year now, so I know that I spend approximately $7,000 a year. I know this seems ridiculously low to most people. You may be wondering how I can possibly spend less... but that is my goal and challenge. How do I live on $7,000? The number one way is living with someone in a small space. My boyfriend and I live in a 900 square foot house. When living separately we were each spending about $500 a month on rent, so combined we could have gotten a bigger place for a grand. But why? A small space means less stuff and less energy for heating and cooling. This is a good way to spend less and make a smaller impact on the environment. So share living expenses with someone- rent, utilities and groceries- that will make a huge difference in how much you spend!

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