Being thrifty is the best way to ensure that you are financially secure in your life. There are a lot of things you need to think about that might help you to do this. Here are some areas of your life where you’re going to need to try to be thrifty and make savings.


Household bills make up one of the biggest expenses a household can go through. You will be facing bills for gas, electricity, water, phone, internet, TV, and maybe council tax. And these costs can mount up in a big way. So, you need to make sure you focus on trying to trim the costs of these bills. You can achieve this by being more energy-efficient in the home. Trying to go green and be more eco-friendly is also an excellent way of achieving this. If you can reduce the cost of your household bills, you’re going make a lot of savings on a monthly basis.

Running a Car

A car is a necessity for so many people these days, but it can also prove something of a luxury financially. So, you need to make sure you decide whether or not you actually need a car. If so, it’s time to consider how you can save money on it. Firstly, you may want to consider a lift share idea with friends or colleagues. That and car-pooling are excellent ways of cutting costs and spreading them between you. You also need to assess whether you can use public transport for cheaper for half the week. Also, think about switching to a more cost-effective type of gas, and, you might even want to think about getting an electric car instead.


A key consideration in your life should be education. This might be your own education, or it could be planning for your kids’ educations. You have to bear in mind that it can be expensive to school your children. At high school it is probably fine, but, if you want to send them to college, you’ll have to prepare for that. It’s often tricky to make the necessary savings. Most people will try to set up a college fund for their kids from an early age. But, you also need to think about the possibility of an RESP or some other form of government financial assistance. Decide on what you feel would be the best way of preparing for your children’s’ future educations.

Get Debt-Free

One of the key goals for a lot of people nowadays is to become debt-free. Almost all of us will have debts at some point in our lives. And the best thing to do is to work towards trying to fight this debt. Getting debt-free gives you financial security, and helps you to improve areas of your life. You may want to think about entering into some sort of debt consolidation programme to help you with this. It’s really important to prioritize debt and make sure you focus on getting out of the red and into the black as soon as you can.

You have to understand the importance of keeping a close eye on your finances these days. There are so many things you have to do to make sure you are being more frugal. Money is tight, and it’s up to you to try to make it last as long as possible.