The average household in America has $15,310 in credit card debt. If you have credit card debt, you can still achieve a frugal lifestyle, but you should avoid racking up more.
Create Your Budget
Budgeting is crucial if you want to live frugally. If you don’t know what money is coming in and where it’s going out, how can you live below your means?
Creating and maintaining a budget can be tough, especially if you’re new at it or on the go a lot. The good news is that there are many budget planning tools you can use.
Remember when we were talking about buying generic? Sometimes the name brand is better. For those products, coupons can bring the price down.