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frugalMany people can see frugality as being cheap and stingy. However, being frugal doesn't mean you have to make sacrifices.

Here are six ways that you can be frugal without feeling deprived:

Realize Your Priorities

First things first, you have to know where your priorities are. Why spend money going out when you prefer to stay home? Why would you spend money on a huge house when you'd rather travel more often? By realizing your priorities, you'll be able to cut out unnecessary spending and enjoy spending your money on things you actually care about.

Also, instead of saying " I don't have the money for that", you can say "That's not a priority for me right now."

People won't be able to call you cheap if they know where your priorities are. Plus, this keeps you from feeling guilty when you'd rather not spend the money on something you'd rather not be doing. ...continue reading

spend less drivingAs kids, we’ve always dreamed of growing up into the cool adult with the nice car. We soon discover that dream cars are a dream for a reason: they are expensive. Now, you’re all grown up and still dreaming of that vehicle. But a car lease may be your solution.

How to get a car

These days, it is so easy to get a new car. If you’re looking for a used one, there’s plenty of online sellers who can give you a good deal for one. But the risks is that you don’t know what they did to the car or if anything is wrong with it.

That’s why others opt to get a car loan, wherein a bank or a finance company pays for the car, and the buyer makes the monthly payments. And of course, the car lease.

The car lease is the most enticing of it all because it guarantees a working vehicle for a fraction of the cost compared to car loans. But is it for you? Here are a few pros and cons of leasing that can help you decide if you should take a loan or a lease. ...continue reading

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pay cash for your next carMany people have car loans. In fact, approximately 107 million Americans own a car that they pay a note on.

Not only are car loans expensive, but they can also be avoided, even if you are on a low income. If you are looking for a vehicle now or soon, here are a few tips to help you pay cash for your next car.

Drive Your Old Car As Long As Possible

If you have a car already, drive it until you can’t drive it anymore (or until it doesn’t make sense to keep repairing it). Why buy a car you can’t afford when the one you have works just fine? Sometimes, you may be envious by the people driving new wheels, or the people who don’t have to manually roll up their windows. However, you have to remind yourself that it’s not worth getting into massive amounts of debt just to own a newer car.

If you don’t have a car yet, now is the time to act like you do. Start saving money as if you have a car note, insurance, and other miscellaneous things to pay for.

Save Each Paycheck

Even if it’s just a few dollars, save money from every paycheck in a new car fund. You can always increase this amount as you earn more or cut out expenses, but try to save something. It may take you a little longer to save enough money for a car, but it can be worth it when you realize you don’t have that extra bill hanging over your head every month.

Save Extra Money to Pay Cash For Your Next Car

Do you get bonuses, raises, or even birthday money? It should go straight into savings when you get it. It may be hard seeing that money sitting in your savings when you feel you deserve to spend it, but that extra money helps grow your savings faster.

For every bonus or raise you get, continue to save it and live off of the income you were making before. Before you know it, you’ll have a nice chunk of change to use for your next car purchase. ...continue reading