5 Easy Frugal Living Tips You Should Know

For one reason or another — the price of gas, unemployment, student loans or unexpected expenses — most of us have to budget our spending at some point in our lives. It’s not fun, but budgeting doesn’t necessarily entail giving up on fun. With a little careful planning, you can go on all the adventures you assumed were too expensive, and still save money.

Living on a budget requires patience, attention to deals and a little creativity. Grow your own veggies. Find deals that cut the cost of dinner and a movie in half. Research offers for vacations that won’t break the bank. Read on for five frugal living tips, including the best places to look for deals on the Web and lifestyle choices for adopting a do-it-yourself frame of mind.

Daily Deals Equal Big Savings

Two big names dominated in the Internet deals world in 2011: Groupon and LivingSocial. The two sites function very similarly: Both offer new deals every day on food, travel, tickets or something else from a local business. If you live near a big (or perhaps even small) city in the United States or Canada, Groupon and LivingSocial will have something that interests you.

New deals appear every day, and the deals themselves may differ a great deal. Some deals are only good for the day they’re available, while others can be used months after purchase. When planning dining and entertainment schedules on a budget, the latter are the best to watch for. Remember: Because you buy the deal in advance, it’s important to follow through and not let that money go to waste.

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