Skip to main content

What being Thrifty means to me


Am I a Savvy Shopper?  I like to think so.  There was once a time when I didn't even check the bank balance before making a purchase.  When I didn't even contemplate money or not having enough of it.  But then my priorities changed and I had children.

A month or so ago, I went to an event held by Savoo to meet up with other dealpro's and I chaired a session on What Thrifty means to me.

What does thrifty mean to you?

•thrift·y/ˈTHriftē/
•Adjective:
•(of a person or their behaviour) Using money and other resources carefully and not wastefully.
•Synonyms:
•economical - frugal - sparing - saving - economic

What thrifty/savvy means to me:

•Spending wisely, using wisely and reducing waste
•Value for money
•Cost per use
•Pleasures from small things
•By planning, not just financial, but also meal plans etc as a family we reduce our waste, which has an impact on the environment
•I like to think that I am provident in providing for my children’s futures
•I want to educate my children to value money and change the culture

My fam,ily, which spurs me on to be a Savvy shopper 

We all have our own financial priorities.  As a mum to two children and a wife mine are pay the mortgage, feed the family well, pay bills, cover boys extras at school and make memories.

Single people, couples, people without children may not have the same priorities as me.

Thrifty means making good financial choices for my family.   It means thinking about what we're spending, researching what we're buying.  It means budgeting by knowing what's coming in, what's going out and if we're lucky enough to have any leftover - making the right decisions for us. Thrifty doesn't mean cheap, it means wise and good value to me anyway.

A big part of my lifestyle as a frugal and thrifty mum is weighing cost and value benefits.

Children understand the value of money less and less.  Less children are given pocket money and taught how to manage their finances.  This is what I am doing with my children.  I want to introduce them to a saving culture rather than borrowing one.

Tools that help me be a savvy shopper:

  1. Voucher code sites such as Savoo.  I make sure that I plan purchases and get the best deal I can.
  2. Cashback sites such as Quidco.  If I have to make a spend them why not get back a percentage for doing so.
  3. Price comparison sites such as My Supermarket and Moneysupermarket.  Again for any expenditure we make, we ensure that it is the best value as possible.
  4. Second hand isn't second best. I am a firm believer in going to charity shops, car boot sales and using auctions sites online.  
  5. I sell anything that we do not need.
  6. I do not impulse buy, this means meal planning, using shopping lists and always budgeting.
  7. I use a cash budgeting system, even making my own cash envelopes.
  8. I shop local.
  9. I make quarterly financial manifestos
  10. I have an annual plan, showing when utility, insurance renewals and other expenditures are due and I always look for the best deals.
  11.  I use loyalty cards to make the most of any spends that we made.  You can get four times the value when you use a Tesco card.
  12. We recycle what we can 
  13. I look after our appliances and know a good local repair man.  I research any large purchases I am going to make.

Comments

  1. Great post and a great reminder. My wife and I are constantly amazed at how having children can turn you from a reckless spender into a frugal minded person. At least it did for us. Find the value in time spent together and stop worrying about what you don't have!

    ReplyDelete

Post a Comment

I love comments and will try to respond to all

Popular posts from this blog

Bissell Vac and Steam Machine Review and Giveaway

I have hard floors downstairs which I love.  They are much more practical than carpet with 2 mucky boys and a dog. Over the past 8 years I have tried all sorts of ways to keep them clean and I think I have finally found the product that does that for me. It is the  Bissell Vac and Steam Machine .  This amazing suel action machine vacuums and steam cleans either independently or at the same time.  It means that I have done away with my vacuum and steam cleaner downstairs (which I gave to my brother in law). What I like: You can either vacuum or steam clean or do both It is lightweight and easy to manoeuvre The handle is adjustable great for a home with people of different heights and for getting the kids involved. You need no chemicals The pads are washable and reusable It comes with a two year guarantee It warms up fast (within 30 seconds) so no long wait to start cleaning It costs under £100 It is space saving.  No need for a separate vacuum, steam cleaner or mop. 

Tissue paper poppy badges

Remembrance Sunday will soon be upon us and my boys take part in the annual church service and march as Beavers. This year MadDad will also be marching in his capacity as Manager of the U7's football team.  We are great believers in remembering what people have done for us and the boys have been busy making tissue paper poppies at Beavers.

Don't feel pressured in to spending at Christmas and a giveaway

According to a recent survey by  Whyte & Mackay    46.2% of people confess to feeling pressured into spending £100-£200 more than they can afford.    I have to admit that this really shocked me, but them with the rising cost of things and also the unrealistic expectations of people it is often very hard to keep a lid on spending. Other irritations were: ·          Christmas dinner preparations (25%) . The most common complaint is when mum-in-laws unfavourably compare the way dinner is served to the ‘proper way’ (i.e. her way). ·          Cruel present choices (24%). The majority felt that parent-in-laws purposefully bought presents for them that they wouldn’t like, from terrible Christmas jumpers to regifting items already in their cupboards. ·          Fighting over board games (15%). The most frenetic choice is the team game of charades with 34% of those who have fought with their parent-in-laws coming to blows. Monopoly is the board game that seems to cause the least amoun