George Kamel, a financial expert from Ramsey Solutions, recently highlighted some interesting trends in frugal behavior based on a discussion from the subreddit #Frugal. People have stopped buying certain items to save money in 2024. Many have switched from plastic to glass storage containers, which are more durable and environmentally friendly.
Some have moved to filtration systems or affordable solutions like Brita filters instead of buying bottled water. Given the health risks and rising costs, many have stopped smoking cigarettes entirely. The high costs associated with attending concerts have also deterred frugal individuals.
Despite their convenience, some have reduced their usage of paper towels or switched to reusable alternatives. Many now avoid ordering soda when dining out, seeing it as an unnecessary expense.
Frugal habits for 2024 savings
Frugal people are increasingly opting to do their hair and nails at home to save money on salon services. Some have transitioned to artificial Christmas trees, which are more cost-effective over the years. Cutting back on buying new seasonal decorations every year can save a considerable amount.
Rather than buying pre-packaged seasonings, some are making their own mixes from individual spices. Some frugal individuals are reevaluating their spending on various pet products, opting for more budget-friendly alternatives. They have also reduced the purchasing of convenience foods in favor of cooking from scratch.
These changes reflect a significant shift among frugal individuals aiming to maximize savings and make financially sound decisions. While not all strategies may be suitable for everyone, they provide insight into balancing cost, convenience, and lifestyle.
Image Credits: Photo by Sandy Millar on Unsplash
