12 EASY Ways to Live Below Your Means and Save More

1.) Buy only what you need and if something needs replaced 2.) Save and invest your money 3.) Live a simple, frugal, and modest lifestyle 4.) Shop your home, pantry, closet, and library 5.) Be mindful of what you spend 6.) Budget You also don't need to buy top of the line products. A simple washer, dryer, refrigerator, stove, or motor vehicle. They'll work just as well as products that you overspend on.

An investment in knowledge pays the best interest."

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

#11 external validation is the most significant money eater. If one can just stop caring about how other people may look at what you own and how you spend, that will be so liberating financially, emotionally and spiritually. I personally know so many people who have spent so much money on things simply to show others that they've "made it".

I first learned these principles from the Richest Man in Babylon. I've been living below my means for some time and investing the excess in the stock market. I have about $60k now, but I believe I'm not maximising my profits considering the current market dynamics where people are making a lot from the market.

Number 4 (more doesn't make you happier) is one of the most sobering things I've heard in long time.

I treat myself by saving money💶💶💶👍🏻

I was a spending addict most of my life. I started my debt free journey about 3 years ago. Now…I am really good at living below my means. I have people working on my fence today. I e needed to furnish lunch. I had Gatorade powder and ice so I loaded an igloo cooler with blue Gatorade. Then, I made pizza from scratch using all the leftovers in my fridge. Then, my dad gave me lettuce from him garden and i made a salad. I fed 6 people for about $5. 3 years ago, I would have spent $100 going to the fast food place and brining back burgers. I love learning ways to live below my means.

Thinking of money as time helps me to spend less. <3

"Not thinking" getting yourself into a bad situation is true! I worked a 12 hour shift last Monday over night. I was coming home at 5:20 a.m. and I was not paying attention or THINKING because I was super tired while backing my 2019 Toyota Camry into my yard. I hit my fence pole on the left hand side of the rear bumper and also got two big scratches in the panel above that. Been parking in my yard for 16 years, and this is the first time I have touched the fence pole. Caused an estimated $2450 in damage. I am paying it out of pocket because I don't want my insurance rate to increase. Car will be ready in about 12 days or so. Sucks. Hard lesson to THINK and pay attention to what I am doing at all times

Here are the ways that I am weird: 1. I gift and swap unwanted items with my friends instead of buying gifts. 2. I shop at grocery salvages and thrift stores for the thrill of discovery. 3. I alter and sew my thrifted clothing to personalize it. 4. I drive a totaled car and pay almost nothing for insurance. 5. I vacation at my friends' homes. 6. I enjoy my yard and started gardening for fun. 7. I stream media instead of buying copies. 8. When in doubt, I Iet go of things, expectations and people as needed. 9. We cook almost every day. 10. I actively plan ways to be even weirder.

I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.

I spent 7 dollars on a cabbage slicer, and it helped me save so much time on cooking! Before I bought it, I thought it would be a waste of money, but now I realize how wrong I was. So it was a perfect investment 😁

What stood out to me & what I least expected was who you surround yourself with. It makes sense why that would impact your savings rate, spending habits and your overall mindset about money.

100k subs. Been with u since 5. Dublin, Ireland.

No 8. Down to earth... Empty we came, empty we will return.❤

Thank you for all ideas and inspiration. I live below my means and save. I'm weird but I love it. I spend on things I value, travels, concerts, experiences and gifts

It’s hard finding people who live below their means to befriend. Most people are hooked deeply into The Matrix😅

My side hustle is collecting cans and taking them to the bottle deposit

These messages are so powerful! Mucho gracias El Agustin! :) I especially love "Focus More On What You Spend, Rather Than What You Make".