Finance

11 Extreme Cheapskate Tips to Help You Save Money

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Think you’re bad with money? Wait until you meet an Extreme Cheapskate. These people have turned frugality into an art form, and they are always looking for new and inventive ways to save a buck. In this blog post, we will discuss some of the best cheapskate tips we’ve ever come across. So whether you’re trying to get your finances in order or just looking for some interesting ways to save money, keep reading!

1. Extreme Cheapskates are budgeting control freaks.

One Extreme Cheapskate only uses one roll of toilet paper per year. How do they manage this? They cut each sheet of toilet paper into fourths! Another budgeting control freak only washes her clothes once a month. To make her clothes last, she hangs them up to air out after each wear. A frugal individual only eats food that is on sale. This means that their diet consists mostly of whatever happens to be discounted at the grocery store that week. And then there are those who refuse to spend money on anything that isn’t absolutely necessary. These people will only buy the bare minimum, and they’ll often go without luxuries like vacations or new clothes.

2. They are not comparing themselves to everyone around them.

One of the most important things that Extreme Cheapskates do is They are not comparing themselves to everyone around them. They know that their lifestyle is different and they are okay with that. They are content with what they have and They don’t feel the need to keep up with the Joneses. This allows them to save a ton of money that most people would waste on unnecessary things.

3. They’re always thinking about money and not in a bad way!

Extreme Cheapskates are always thinking about money because they know that every dollar counts. They are constantly looking for ways to save money, whether it’s through couponing, negotiating prices, or simply avoiding unnecessary purchases. If you want to save money like an Extreme Cheapskate, you need to start thinking about your finances in a different way.

4. They are always planning ahead.

One of the most important things that an Extreme Cheapskate does is plan ahead. They are always thinking about ways to save money in the future, and they never make impulse purchases. If you want to start saving more money, start by planning your purchases in advance. This will help you avoid overspending on items that you don’t really need.

5. Learn how to barter.

Another great tip from the Extreme Cheapskates is to learn how to barter. If you have a skill or talent that others may need, offer to trade your services for something else that you need. For example, if you’re good at fixing cars, you could offer to fix someone’s car in exchange for them doing your grocery shopping for a month. It’s a great way to get what you need without having to spend any money.

6. They’re always thinking of the big picture.

They know that every little purchase they make today can have an impact on their finances down the road. So, if you want to start thinking like an Extreme Cheapskate, start by taking a step back and looking at your finances from a bird’s eye view. This will help you make more informed decisions about your spending.

7. They buy everything that they possibly can “used.”

One of the most popular methods that Extreme Cheapskates use is to buy everything that they possibly can “used.” This could mean anything from buying clothes at a thrift store to purchasing a used car. The reasoning behind this is that you can get items for a fraction of the cost, and as long as you take care of them, they will last just as long.

8. They are taking advantage of freebies and coupons.

Another way that Extreme Cheapskates save money is by taking advantage of freebies and coupons. They are always on the lookout for free samples or deals, and they are never afraid to use a coupon or two (or ten). This might seem like a lot of work, but Extreme Cheapskates know that all of this effort will pay off in the end.

9. They know the value of time and presence instead of gifts and presents.

They know the value of time and presence instead of gifts and presents. They would rather spend an afternoon with you than buy you a $50 trinket that will end up in a drawer somewhere. They’re also great at DIY gifts, which can save you a ton of money (and sometimes even be more thoughtful).

10. They always buy in bulk.

They always buy in bulk. This one might seem obvious, but it’s worth mentioning. When you buy in bulk, you not only save money on the overall purchase, but you also save on things like packaging and shipping. Plus, it’s just more efficient to have a stockpile of things that you know you’ll use.

11. They never pay full price.

They never pay full price. Why pay full price for something when you can get it on sale? Extreme cheapskates are always on the lookout for a good deal, and they’re not afraid to haggle either. They know that the worst thing that can happen is that the seller says no, so they might as well try.

What other tips do you think Extreme Cheapskates would use to save money? Let us know in the comments below!