About Thrift

Function

A thrifty lifestyle means you will spend less money on utilities and other household expenses, and less on food and clothing. A thrifty person watches for sales and bargains and will never spend unnecessarily.

To save money on utilities, switch to energy efficient light bulbs and appliances.
Disconnect unnecessary cable or satellite services, and compare long distance rates to your cell phone plan. If your cell phone plan offers a better plan, disconnect you home phone.
Some utility services offer a level billing plan that will make utility payments predictable and aid in budgeting.
Thrifty grocery shopping, means using discount groceries and joining discount clubs. For thrifty clothing needs, shop at garage sales and second-hand clothing stores. Visiting the year-end clearance racks will also provide you with discounted merchandise.

People who are not familiar with thrifty shopping tend to believe that doing so is comparable to buying junk. That doesn't have to be the case if you choose with care and take the time to look for quality goods and services. People from all walks of life are shopping thrifty.

The pros of thrifty spending out weigh the cons. By being thrifty in everyday spending habits, you can save the extra money needed to pay down debt or to save for a down payment on a home. Being thrifty forces you to ask yourself, "is this a necessity or a luxury?" Thrifty spenders train themselves to only buy necessities.

Do you think you can no longer purchase high quality name brand merchandise after you begin your life of thrifty shopping? Think again! By shopping at outlet malls and retailers such as TJ Maxx and Big Lots you will be able to find name-brand merchandise for a fraction of the cost.
Online retailers such as Overstock.com offer great deals on merchandise and sometimes offer deals on shipping and handling.
It pays to shop around.