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In Times of Uncertainty Frugal Living is King – Save On Expenses
Adviseable save on expenses

Living frugally does not necessarily mean living in poverty or having to constantly deprive one’s self of the finer things in life.

It’s really about learning to be comfortable with smaller sized items and a little less luxury that work well and are equally compatible with your lifestyle.


Although it may seem nice to have everything is large sizes, from houses to cars to holidays to spending allowances, with a little bit of knowledge and research anyone can find smaller, cheaper and yet suitable things that are equal if not better. Therefore always having the newest gadget or going on the most expensive holiday, or having the best clothes may not only seem like wasteful opulence it can also lead to huge debts. And NOT debts in a good way!

Depriving one’s self of anything and everything is not what the frugal living lifestyle is all about. In fact it is just the opposite, because with frugal living the individual is able to keep expenses low, pay off debts faster, save and invest comfortably.


For some people leasing or renting equipment, gadgets, furniture etc may present a more financially attractive package than actually owning them. This is mainly due to the fact that when you “own” something, all expenses and cost are born by you, the owner, and these maintenance costs can be quite substantial. So do the math and see how it looks. This way, you save on expenses. With the savings you make, there’s more money left to pay off your home loan or invest.

When it comes to food and grocery expenses, most many of us don’t realize just how much can be saved by mindful shopping, planning your meals so you don’t overspend on food you’ll never eat, and how to go about making such adjustments. Eating frugally yet healthily is one way of saving on expenses. To state the obvious, taking the trouble to cook meals at home is way more cost effective that going out to eat all the time. It’s also much better for you, and better for the family dynamic. You AND your wallet will be happier.

Engage A Financial Adviser

The following are some of the reasons why engaging the services of a financial advisor may be advantageous:

With so many options available to make good investments it can be quite confusing for anyone who is not savvy and does not possess the know-how it takes to be a good and sound investor. The many investment opportunities out there, also come with a lot of confusing jargon, that you may not be able to relate to, thus causing further confusion and maybe even contributing to some poor judgment calls and even worse, procrastination.

Most people are busy with their everyday routines and distractions, that sparing the time and energy to delve into the mostly confusing financial investment opportunities is really not an option that can be fully explored. Although some may take the plunge, most would rather engage the services of a reputable financial advisor who will focus on finding the best investment opportunities for their client – assuming they are a fee for service and ethical operator of course. Most financial advisers depend very much on the recommendations of satisfied clients, to expand their portfolios of customers, thus being experienced and good investment advisors is in their best interet. Getting a good referral is always a good idea.

Financial advisors are trained to help individuals plan and budget according to their financial capabilities and risk profiles, and save on expenses and this can be useful to anyone who is currently not able to enjoy or capitalize, on his or her own financial standing.

Call us on 1300 077 766 – if you would like to talk to specialised buyers agents to help you buy your next home or invest in property.


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