Five Easy Ways To Save

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Kittenomics #26

This kitten is proud of his frugality and can’t wait to share his secrets. Some of his favorites are:

  1. Stop expensive habits like smoking, alcohol, eating out, gym membership, late fees, coffee, soda,  lottery tickets, unused groceries, bottled water, out-of-network ATMs, and boating.
  2. Unplug unused electronic devices. Anything with a power brick – chargers, printers, etc – pulls electricity from the wall. Other machines with clocks, lights, or remote control sensors remain on, constantly powering themselves.
  3. Cook your dinners and pack your lunches. Simply bringing lunch from home four days a week over a career can save you over $141,000. See the Brown-Bag Savings Calculator for justification.
  4. Have free fun. Teach yourself and your children, fun is an experience not a commodity. Click here to get some ideas.
  5. Make frugal friends. The easiest way to be frugal is to hang around other people who are frugal. Watching people save inspires savings.

Way to go, kitten!

How are you frugal?

Read all the Kittenomics here!

To read more about this topic check out Thrift, an Old-Time Virtue Making a Comeback

Photo of Scottish Fold taken by Tom Thai and used here under Flickr Creative Commons.

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Chief Operating Officer, CFP®, APMA®

Megan Russell has worked with Marotta Wealth Management most of her life. She loves to find ways to make the complexities of financial planning accessible to everyone. She is the author of over 800 financial articles and is known for her expertise on tax planning.