My attitude towards wealth and money has changed over the years, but was influenced by my upbringing, living both in the UK and South Africa as well as being surrounded by footballers and people with more money than sense.

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In short, I absolutely hate ostentatious wealth. And I am sure that many people spend money they don’t have just to keep up with the Jones’. In South Africa it riles me even more: the difference between the wealthy and poor is so big, so how can they justify driving around in a Bentley when their countrymen can’t put food on the table?

In Manchester, it isn’t uncommon for ordinary people to spend £50-£100 on a night out of cocktails, drinking & taxis. Many girls “need” designer handbags (£500+) & clothes, where men “need” branded goods. I am not saying all this is unnecessary & wasteful, but I think that the price tag isn’t always reflective of the quality.
I am going to give you a few tips on how you can make your money stretch a little further, so that you have more money for little luxuries. The most important of these is this: being frugal just means being clever with your money. It doesn’t mean being stingy. In fact, some of the most generous people I know are frugal ones. Think of it as changing your habits – a little like going on a diet. Fad diets don’t work in the long run. In the same way, learning to apply frugal principals to your life, could have long term benefits.
So let’s start with the tips. Some of the specifics do vary from country to country. But these are more aimed at the UK and South Africa.

Save money on things you need to buy anyway

(click on each of these for the detail)
switch your gas & electricity
use loyalty cards and learn to ‘work the system’
– look up before you spend
– selectively shop at discount & pound stores
contract phones are a rip off!
save money on international calls by using providers that use wifi/data

Save money on luxuries

– calculate cost per wear
– spend more money on things that matter
– spend money on things that make memories
– eat out at lunch time
– local theatres are good value for money
– supper clubs instead of restaurants

Earn an extra income

– sell what you don’t need on eBay / classified sites
– host a supper club
You’ll be amazed how it tallies up, and how much better off you’ll be! The more you do it, the easier it will become. It’s a discipline after all. And the more you do it, the more it will become part of your daily habits. And once it is a habit – that is when your really end up saving consistently.