Carmik Warrior: A Spiritual Journey

Confession time: I’m a cheapskate. Some would say frugal, which sounds much more positive, but in reality I can be a real cheapskate.

I am fairly frugal (though not always), but sometimes I take it too far: I have T-shirts with holes in them, I never buy new clothes, we’re shopping for a new couch because our current one has holes in it, and I ran my current pair of running shoes until the soles fell off.

However, I have gradually learned to be frugal in many ways that I would recommend to others. I don’t think you should have holes in your couch, and you should definitely replace your running shoes more often than I do, but there are many ways to cut back on spending and live a more frugal lifestyle.

Why live frugally? First, because it allows you to spend less than you earn, and use the difference to pay off debt, save or invest. Or all three. Second, because the less you spend, the less you need to earn. And that means you can choose to work less, or work more but retire early. Or take mini retirements. You have more options with a frugal lifestyle.

I know what I’m going to hear in the comments, because it’s been done repeatedly with my other frugal articles: I have no life. This is boring. I might as well live in a box. You have to enjoy life sometimes.

All of which you might believe, but I believe I do have a life. A great one. One where I spend time with my family, where I have conversations and read and get outside and do things that are fun and exercise and focus on what’s important and spend my free time the way I want. This is a good life. Read this article for more.

So, if you’d like some tips on frugal living, here are just a few, from a cheapskate. I should note that I do most, but not all, of these tips.

1. Go with one car. Many families have two or more cars. Besides your house, your car is probably your most expensive item. If you can do with one, you should. My wife and I both work, and we have six kids, and yet we have learned to manage with one car.
2. Go with a smaller house. Just because you can afford a larger house, doesn’t mean you should live in one. Live in as small a house as you can and still be comfortable. I don’t mean you should live in a one-room apartment with a family of four … you know what I mean. You can save thousands a year with a smaller house. Many times, if you get rid of a lot of clutter, you don’t need a large house.
3. Go with a smaller car. Again, you can save thousands by going with a smaller car. A car instead of an SUV, for example, is a big savings. Be comfortable, but don’t overdo it. You’ll save a lot on gas this way too.
4. Rent rather than own. This will probably spark a huge debate, as it always does. The thing is, just don’t assume that buying is the better investment. If you calculate the interest you pay on a mortgage, the cost of insurance and maintenance, buying is often much more costly than renting … and if you rent, save money, and then invest the difference, you can actually end up well ahead in the long run. Now, it’s not a given, so do a comparison, factoring in all expenses. Here’s a more in-depth article.
5. Look for used first. If you need something — I mean really need it, not just want it — see if someone you know has one that they don’t use or need anymore. Send out an email to family or friends, or just ask around. You might be surprised. I was about to buy a printer, and then found out my mom just bought a laser printer and didn’t need her old inkjet … saving me close to 100 smackeroos. If no one you know owns one, try freecycle.org or craigslist.org. Then look to buy used, at garage sales or thrift shops. You can find a bargain if you look around.
6. Eat out less. One of the biggest expenses in our daily lives is eating out — the average person spends well over $2,000 a year on eating out. Restaurants are expensive, including fast-food (not to mention the health hazards). It’s much cheaper to cook your own food. Our family creates a weekly menu, then we buy the groceries, and cook dinner (and lunch) each evening. Lately I’ve even been prepping it in the morning, so it’s a snap when we get home.
7. Eat out frugally. If you do eat out, check out these money-saving tips.
8. Brown bag it to work. Instead of eating out for lunch, bring your lunch. More here.
9. Adopt a minimalist wardrobe. This tip won’t be for everybody, but I try for a minimalist wardrobe. I generally wear jeans or casual pants, a T-shirt or Polo-type shirt, and sandals or shoes. Plain, solid colors are my favorite. Everything goes with everything else, and I don’t have too many clothes. This saves me the stress of picking out an outfit, and I don’t need as many clothes.
10. Stop online impulse buys. This was a problem for me before I canceled my credit card. I used to buy online a couple of times a week. Now I buy maybe once every couple of months, using PayPal or someone else’s credit card. I’m not saying you have to go to this extreme, but realize that online buying can be way too easy (you don’t even have to go to a store) and therefore, we make too many impulse buys. Buy online if you really need something and it’ll save you money, but beware the impulse buy. See 30-day list tip below.
11. Don’t shop. Don’t go to the mall or other shopping area or department store to look around and shop. Go to a store if you know what you need, and then get out. Many times people go shopping, with a vague idea of what they want, and get caught up buying much more. Or they go just for fun, as a form of entertainment. That ends up costing a lot. It can really add up. Instead, stay away from shopping areas and find other ways to have fun (more below).
12. Use a 30-day list. To curb impulse buys, create a 30-day list. When you want to buy something, other than a true necessity (medicine or food, for example), put it on this list, with the date you added it to the list. And make it a rule that you can’t buy anything for at least 30 days after you put it on the list. And stick to it. You’ll find that you buy a lot less with this system.
13. Cut out cable. I’ve talked about how I cut out cable before. It saves me money every month (in my area, about $60, or more than $700 a year), and also forces me to do things like read and have conversations and go outside. Win win.
14. Use the library. Instead of buying books, check them out. The library often also has a great selection of DVDs (depending on your area), saving you even more. Now who needs cable?
15. Find free entertainment. Find cheap ways to have fun. Entertainment often ends up costing a lot of money, if you go to the movies, buy concessions, or go out at night, go to the bar, etc. The average person spends about $1,800 a year on entertainment (not including eating out). Now, I’m not saying you shouldn’t have fun … but there are cheaper ways to do it. Here are a few ideas. Here’s a frugal family’s fun and cheap weekend.
16. Frugal exercise. Exercise is important, but it doesn’t have to cost a lot of money. Here are some tips.
17. Stay healthy. Easier said than done, I know, but staying healthy can save you tons of money on doctor’s visits, hospital bills, and medicine over the long run. An ounce of prevention, and all that. Eat healthily, and exercise. Simple and effective.
18. Commute by bike. Even if you own a car, commuting by bike will save you gas, and get you in shape at the same time. I highly recommend it. Here are my tips.
19. Carpool or ride the bus. OK, you don’t want to bike it. So find a friend or neighbor who works near you, and arrange a carpool. Or take public transportation. Simple advice, but something a lot of people ignore.
20. Walk. Often we drive to the corner store, or to a school that’s less than a mile away. Leave a few minutes early, walk, burn some calories, and save gas.
21. Sell your clutter. This is not so much saving money as making it, but the frugal, simplifying cheapskate, like myself, will want to declutter and make a few bucks doing it. Hold a garage sale or sell it on eBay. It’s amazing what some people will buy. See the Simple Dollar’s post on this.
22. Frugal gifting. Gifts can cost a lot of money over the course of a year. Look for ways to do it cheaply. Make a gift, or give a consummable. My family enjoys getting and giving cookies, for example. Here are some ideas.
23. Quit smoking. Not the easiest way to save, I know. It’s hard. But I did it, and so have many, many others. Not only will you save on cigarettes (which are expensive over the long run), but also associated costs (I used to buy a soda or beer to go with my cigarettes) … and of course the huge, long-term medical costs. In less than 2 years of not smoking, I’ve saved well more than $3,000. Here are my tips for quitting.
24. Alcohol in moderation. If you drink one beer or a few beers a day, that adds up to big money each month. Some drink even more than that. It’s expensive. If you can cut your drinking to the occasional party, and once in awhile with friends (not all the time), you’ll save tons.
25. Sweets in moderation. Desserts and sweet snacks give us lots of calories with no nutrition. And we pay a premium price for that, in dollars and in our deteriorating health. Cut back on sweets (don’t eliminate them entirely of course) to save money and cut calories.
26. Drink water. Often we drink lots of calories through sodas, coffee, alcohol, juices, tea, etc. And that costs a lot too. Drink water, save money, save calories. Here are some tips for forming the water habit.
27. Batch your errands. Instead of running an errand or two every day, batch them into one errand day, and plan your most efficient route, to save gas and time. Also do as much bill-paying online as possible, to eliminate some errands.
28. Stay home. Becoming a homebody might not sound like a lot of fun, but it really can be. I love staying home with my family. We can do all kinds of fun things at home. Or I can spend a day alone, if the family is at school, and really enjoy it. It’s quiet and peaceful, I can read or watch a good movie or respond to comments on my blog or write. Staying home can save tons, in eating out expenses, shopping expenses, gas, and incidentals.
29. Stop using credit cards. Credit cards are not evil. And before you flame me, once again, I realize that they can be used to good purpose. If that’s how you use them, then that’s good, skip this tip. For others, credit cards make buying too easy, and end up making them buy too much.Not only that, but if you don’t pay your bill in full each month, they will cost you a lot in interest. The average American with at least 1 credit card has more than $8,500 in credit card debt. Don’t make that mistake. Here’s my story.
30. Cancel subscriptions. With the wealth of information and entertainment online, do you really need magazine subscriptions? With all the news online, do you really need a newspaper subscription? If you can get DVDs for free or cheap, do you really need a Netflix subscription? Don’t flame me if you think you do need any of these — I’m just asking you to consider whether they’re really essential — the answer might be yes. Also consider other subscriptions you might be paying for — I’m not saying you should cancel everything, but seriously consider whether they can be canceled without much loss of value. Read more.
31. Make your own. I won’t go into all the possibilities here, but many times we buy things when really, we could make them ourselves for much cheaper if we get a little creative. Now, this might take a little more time and effort, but it can be fun, especially if you make it a family project. We recently made our own (very simple) bookshelves with only a couple of pieces of lumber, instead of buying them. If you don’t know how to make something, search for it online. You’ll most likely find some instructions.
32. Do it yourself. Instead of hiring someone to do something, try doing it yourself. Sure, it takes some time and effort, but it’s satisfying, and of course cheaper. It’s also educational, if you don’t know how to do it — again, do an online search, read up on it, and give it a go. Frugality freaks are DIYers.
33. Stop paying interest. I mentioned the interest of credit cards, and auto loans, and mortgages. I consider them a waste of money. I’ve talked about how to live without credit before, and I recommend it for a frugal lifestyle. Consider any other accounts or loans where you pay interest, and see if you can eventually eliminate as much of these as possible.
34. Reduce convenience foods. Frozen foods, microwaveable stuff, junk food … anything that’s packaged and prepared for our convenience is not only more expensive than something you cook yourself, but also most likely less healthy. I’m not saying to eliminate these completely, but reduce consumption.
35. Travel frugally. I actually don’t travel (or haven’t for years), but if you do have to travel, some advance planning can save you money. Airfare is most expensive, usually, so look to buy your ticket in advance, and look for deals. Also consider train travel. Shop around for car rental rates, as they can vary greatly (or use public transportation). Look for cheaper accommodations, or stay with a friend or relative. Just a note: I do plan to travel, but not until I finally eliminate all of my debt.
36. Cut the cell phone. This will not be a popular suggestion either. If you don’t like it, move on to the next one. It’s not for everybody. But think about this: 20 years ago, most people didn’t have cell phones. And miraculously, they survived. A cell phone is not a necessity. It’s a convenience. When people needed to make a call, 20 years ago, they either waited until they got to a destination (wait to make a phone call?! omg!), or pulled over and used a pay phone or a phone in a business establishment.
37. Cut your own hair. Again, this one isn’t for everybody. Personally, I use electric clippers to shave my head. It’s easy, it’s cheap, it’s minimalist, it’s care-free. I don’t worry about my hair getting messed up, or having to fix it in the morning. However, I’m not saying you should shave your head. Many people cut their own hair, in many simple but nice hairstyles, long or short. Saves money, and time.
38. Maintain stuff. This is a no-brainer, but we don’t often think about it: if you take care of what you have, it will last longer. You’ll then spend less on buying new stuff. When you buy something worth maintaining, take a few minutes to read the maintenance manual, and create a maintenance checklist that you can attach to the item. For important things like your car’s oil changes or tune-ups, put them in your calendar.
39. Save energy. There are little things we can do to lower our power bill. I don’t use a dryer or hot water heater, although those are a little extreme. Try these tips.
40. Save gas. With the rising price of gas (and no end in sight), fuel has become a major monthly expense for many people. Small things can add up to big savings. Try these tips.
41. Only buy bargain clothing (when you need clothes). OK, so you’re a cheapskate like me who only buys clothes when the old clothes have too many arm or leg holes. But now you need new clothing. I mean really need it. So instead of buying new, look for thrift shops with good clothes. Or buy new, but only buy the stuff that’s 50% off. Look for the bargains, and you’ll save a ton.
42. Telecommute. Telecommuting doesn’t necessarily give you your dream job, but it’s definitely a step in the right direction. But in addition to allowing you to work in your underwear (and who doesn’t have that dream?), telecommuting saves money on gas, on eating out (if you eat lunch at a restaurant), and on buying expensive work clothes (all you need to buy is underwear, right? And no, don’t buy used underwear).
43. Plan ahead. Sure, easy to say, hard to implement. But if you make it a habit to think ahead to things that are coming up in your life, you can save a lot of money. For example, if you think about where you’re going to get your meals when you go out to do errands, you can pack a lunch or dinner instead of eating out. If you pack a big container of iced water, you don’t need to buy expensive bottled water. If you know that a birthday is coming up, you can buy a gift on sale instead of spending more at the last minute.
44. Cook ahead. If you have one free day a week (or even a month), cook food in big batches and freeze in dinner-sized portions. I don’t do this all the time, but I have done it and it saves money (buying big can often save) as well as time. You have to plan it out a bit, coming up with a menu and shopping, cooking enough meals for a week or a month. But once you’re done, your meals each night (and for lunch if you like) are quick and easy. This saves you from eating out or eating convenience food when you’re hungry but too tired to cook.
45. Wash clothes less. Some people wear clothes and then wash them, but I’ve gotten into the habit of wearing my clothes more than once if they’re not really dirty. I use my nose as a test — I don’t want to wear clothes that smell, but most times the clothes are still perfectly clean. This saves on washing.
46. Sun-dry clothes. When my parents were young, everyone used a clothesline to dry clothes. Now dryers are ubiquitous, because they’re fast. But if you don’t wash a ton of clothes, it’s not that hard to take a few minutes to hang them up. You’ll save a lot in electricity, plus your clothes last longer.
47. Eat less meat. I’m not saying you have to become a vegetarian (although you could always give it a try), but once in awhile, eat meatless dishes. Pasta, vegetarian chili (see my recipe halfway down this article), vegetarian Indian or Thai dishes, falafels with hummus and pitas and tomatoes and lettuce … there are plenty of tasty dishes without meat. And as meat is expensive (well, the fresh kind is … Spam is cheap), you’ll save money on meatless dishes. Again, I’m assuming you cook with fresh meat, not canned.
48. Save on groceries. For my family of eight, groceries is a major expense. With some simple habits, we’ve been able to save a lot of money. See more here.
49. Frugal Christmas. Christmas is expensive, especially in America (if you live in an area that doesn’t celebrate Christmas with a huge amount of buying, or doesn’t celebrate it at all, skip this tip). People go on crazy shopping gorges. It’s insane. While it makes the retailers and manufacturers happy, it doesn’t make our bank accounts happy. Break out of the cycle and find cheaper ways to celebrate Christmas. Here are some great ways to do that, and here are some more.
50. Eat a cheap breakfast. Here are some great ones.

Courtesy: Zen Habits

Author: Leo Babauta

We often want more than we have now. More money, more gadgets, better furniture, a better house, a better car, more clothes, more shoes, more success.

And what happens when we get more? We aren’t satisfied, because there are new ads for new iPods, for new laptops, for new iPhones, for new cars, for new clothes. We have to have those. It’s impossible to satisfy that hunger for more, because our culture is not satisfied with what we have, but is geared to wanting more. It’s consumerism, and it’s the official religion of the industrialized world.

That sounds preachy, so let’s move beyond that: ask yourself how much is enough, how much do you need in order to be satisfied? I submit that the answer is that we already have enough — possibly more than enough.

What does “enough” mean?
Enough doesn’t mean the just bare necessities of life. That would be food, water, shelter and clothing. It could be a house with a bed, a table, a chair, a place for food storage and preparation, a toilet, perhaps a shower. That’s not really enough.

Enough means having enough to live, and enough to be happy, and enough to thrive. For me, as I get extreme happiness from writing and blogging, I would need a computer. Perhaps I could use the public library’s computer, but in any case “enough” would include some access to a computer.

For others, enough would mean the need for tools such as a notebook and pens, musical instruments, video technology, or a camera. Enough would also mean food beyond just survival food — food that makes us happy, but not so much food that we are being excessive and gorging ourselves.

Enough could include cars, if those are necessary, but for some people it wouldn’t necessarily mean owning a car, especially if they don’t have kids and live close enough to the things they need, such as a grocery store or work.

Enough could include watching DVDs, if that makes you happy. It could mean an iPod, if you need that to be happy.

How to find “enough” and apply it to life
Consider the following when thinking about the concept of enough, and how it applies to your life:

1. What are the main things that make you happy? Are they material things, or are they people, or activities? Knowing the answer to this question can give you some insight into what material things you actually need beyond the bare necessities, in order to be happy.

2. What do you need to thrive? You don’t want to just survive, you want to thrive. You want to be good at what you do, and do what you love. You want to be passionate about the things you do, and be successful at them. What do you need in order to do that? How many tools or material things do you need to thrive?

3. What do you need to survive at a comfortable level? You need to survive, of course, but you probably don’t want to be miserable as you survive. A comfortable bed is probably important (although I’ve had great success with a futon, so a “comfortable bed” doesn’t have to be an expensive one), but how many extra trimmings does that bed need in order to be comfortable? How nice do the sheets need to be? Examine your ideas of comfort and then see what’s really necessary for that comfort. Sometimes you’ll realize that only a minimum of things are needed for real comfort.

4. What do you have beyond those things needed for survival, comfort, happiness, and thriving? Take a look around you, and think about everything in your home. How much of it goes beyond these things that make up the concept of “enough”? Do you really need them, or do they go beyond enough?

5. What do you desire that goes beyond enough — beyond what’s needed for survival, comfort, happiness, and thriving? We all want things we don’t have. What are they, and are they needed to have “enough”? Why do you want them? Can you be happy, comfortable, and thriving without them? And if so, how can you give up your desire for those things?

6. If you didn’t want to have more than enough, could you work less? Do you really need all the income you bring in, or is much of it to support a lifestyle that includes more than enough? For example, you might have expensive cars when only one cheap, used car is enough. Or no car at all. Or you might have an expensive home when it’s really more than enough. Or credit card debt from too many trips, too much shopping, too much eating out. If you didn’t spend all that money, and didn’t always want more than enough, perhaps you wouldn’t need as much income. There are almost certainly people living happily and comfortably on a lower income than yours.

7. If you worked less, could you be happy with enough, and happier doing other things? If you didn’t have to work, you might be happy with just enough. And you might enjoy working less. It’s something to think about, anyway. Also think about what you would do if you didn’t have to work.

Courtesy: http://zenhabits.net

Author: Leo Babauta

Simplifying can sometimes be overwhelming. The amount of stuff you have in your life and the amount of things you have to do can be too big a mountain to tackle.

But you don’t have to simplify it all at once. Do one thing at a time, and take small steps. You’ll get there, and have fun doing it.

In fact, you can do little but important things today to start living the simple life.
I was criticized a few weeks ago when I published the Simple Living Manifesto: 72 Ideas to Simplify Your Life, because many people felt the list was too long. I heard this point, and this post is my response: just the 10 most important things.

And these are not 10 difficult things, but 10 simple things that you can do today. Not tomorrow, not next week, not next month. Today. Choose one and do it today. Tomorrow, choose another.

If you do these 10 things, you’ll have made great strides with little effort.

1. Make a short list. Take out a sheet of paper and fold it into a small square, perhaps 3×5 inches. Or take out an index card. Now make a short list of the 4-5 most important things in your life. What’s most important to you? What do you value most? What 4-5 things do you most want to do in your life? Simplifying starts with these priorities, as you are trying to make room in your life so you have more time for these things.

2. Drop 1 commitment. Think about all the things in your life that you’re committed to doing, and try to find one that you dread doing. Something that takes up time but doesn’t give you much value. Perhaps you’re on a team, or coaching something, or on a board or committee, or whatever. Something that you do each day or week or month that you don’t really want to do. Now take action today to drop that commitment. Call someone, send an email, telling the appropriate person or people that you just don’t have the time. You will feel relief. I’d recommend dropping all commitments that don’t contribute to your short list (from Item #1), but for today, just drop 1 commitment.

3. Purge a drawer. Or a shelf, or a countertop, or a corner of a room. Not an entire room or even an entire closet. Just one small area. You can use that small area as your base of simplicity, and then expand from there. Here’s how to purge: 1) empty everything from the drawer or shelf or corner into a pile. 2) From this pile, pick out only the most important things, the stuff you use and love. 3) Get rid of the rest. Right now. Trash it, or put it in your car to give away or donate. 4) Put the stuff you love and use back, in a neat and orderly manner.

4. Set limits. Read Haiku Productivity for more. Basically, you set limits for things you do regularly: email, RSS posts, tasks, feeds, items in your life, etc. And try to stick with the limits. Today, all you have to do is set limits for a few things in your life. Tomorrow, try to stick with them.

5. Simplify your to-do list. Take a look at your to-do list. If it’s more than 10 items long, you can probably simplify it a bit. Try to find at least a few items that can be eliminated, delegated, automated, outsourced, or ignored. Shorten the list. This is a good habit to do once a week.

6. Free up time. Simplifying your life in general is a way to free up time to do the stuff you want to do. Unfortunately, it can be hard to find time to even think about how to simplify your life. If that’s the case, free up at least 30 minutes a day for thinking about simplifying. Or alternatively, free up a weekend and think about it then. How can you free up 30 minutes a day? Just a few ideas: wake earlier, watch less TV, eat lunch at your desk, take a walk for lunch, disconnect from the Internet, do email only once today, shut off your phones, do 1 less thing each day.

7. Clear your desk. I can personally attest to the amazing feeling that a clean desk can give you. It’s such a simple thing to do, and yet it does so much for you. If your desk is covered with papers and notes and gadgets and office supplies, you might not be able to get this done today. But here are the basic steps: 1) Clear everything off your desk and put it in a pile (either in your inbox or on the floor). 2) Process the pile from top to bottom, one item at a time. Do not defer decisions on any item — deal with them immediately and quickly. 3) For each item, either file it immediately, route it to someone else, trash it, or note it on your to-do list (and put it in an “action” folder). If it’s a gadget or office supply, find a place for it in your desk drawers (or get rid of it). 4) Repeat until your pile is empty and your desk is clear. Be sure to get rid of any knick knacks. Your desk should have your computer, your inbox, perhaps a notepad, and maybe a family photo (but not many). Ahh, a clear desk! 5) From now on, put everything in your inbox, and at least once a day, process it in the same way as above.

8. Clear out your email inbox. This has the same psychological effect as a clear desk. Is your email inbox always full of read and unread messages? That’s because you’re delaying decisions on your emails. If you have 50, let’s say, or fewer emails in your inbox, you can process them all today. If you have hundreds, you should put them in a temporary folder and get to them one chunk at a time (do 20 per day or something). Here’s how you process your inbox to empty — including emails already in your inbox, and all future incoming emails: 1) process them top to bottom, one at a time, deciding and disposing of each one immediately. 2) Your choices are to delete, archive, respond immediately (and archive or delete), forward (and archive or delete), or mark it with a star (or something like that) and note it on your to-do list to respond to later (and archive). 3) Process each email like that until the inbox is empty. 4) Each time you check your email, process to empty. Ahh, an empty inbox!

9. Move slower. We rush through the day, from one task to another, from one appointment to another, until we collapse on the couch, exhausted, at the end of the day. Instead, simplify your life by doing less (see Items 1, 4 and 5) and doing them more slowly. Eat slower, drive slower, walk slower, shower slower, work slower. Be more deliberate. Be present. This isn’t something you’re going to master today, but you can start practicing today.

10. Single-task. Instead of multi-tasking, do one thing at a time. Remove all distractions, resist any urge to check email or do some other habitual task like that while you’re doing the task at hand. Stick to that one task, until you’re done. It’ll make a huge difference in both your stress level and your productivity.

Courtesy: http://zenhabits.net

Author: Leo Babauta