Frugality is the animal that must be bred to achieve financial goals. There is no amount of income that can’t be spent, and then some. If you don’t believe that, take a long look at the U.S. government to get a view of an amount of money that can be spent with ideas to spend more.

The seed of wealth is the money you didn’t spend and instead invested. That is the only course in building a steady stream of income to enjoy the life you want. 

The investment isn’t the problem; the seed is. You can generate a generous income stream from real estate, index funds or a business. In each case it is the excess cash you didn’t spend that is the seed that grows to satisfy your dreams.

The more frugal the lifestyle, the less you need to retire. 

Image a man with a million dollars invested. Is he rich? Could he retire? Well, the questions are impossible to answer. If he spends $300,000 per year the million isn’t so much. If he spends under $40,000, he qualifies under the 4% rule to retire because he is unlikely to ever deplete his nest egg. 

 

We have all seen short lists of frugal things we can do to cuts costs. Those lists tend to focus on daily actions that can save a few dollars. This list will have some of the same advice, but will also include actions that are long-term in nature and build serious financial wealth. Coupled together, the long and short term frugal behaviors, lower your cost of living without giving up anything that you value in life.

Frugality sometimes gets a bad rap because it is perceived as depriving yourself of things you want. Nothing could be further from the truth! Frugality is discovering what you truly value and focusing on those things that give you the greatest pleasure. Nobody ever found nirvana in being a buying unit. (Well, except for that one guy in Tupelo, but I have it on good authority he doesn’t read this blog so I am safe.)

This list of frugal tips and tricks will not ask you to give up anything. I will ask you to reconsider your behavior, as in, how to acquire the things desired.

Epictetus gave us words to consider close to 2,000 years ago:

Demand not that things happen as you wish, but wish them to happen as they do, and you will go on well.

For our discussion, this means that we can’t gain the maximum benefit from these frugal tips and tricks if we refuse to make even the most minor of changes to our behavior. In other words, you can still enjoy a pot of coffee every day, but every cup doesn’t have to cost $5. (I might ask you to consider a more modest caffeine intake over health concerns if you consume a whole pot every day, however.)

As we begin our list, know that these tips are in no particular order. I am not going from smallest savings to largest or shortest term to longest term tips. I mix it up because that is how life comes at us, in bits and pieces. It is how our billfold gets crushed, too. Rarely are our financial woes the result of one decision (and even if it is, these frugal tips will get you back into the game quickly); it is usually financial death by a thousand cuts.

Let’s begin with our morning cup of coffee since the topic has already been broached.

 

1.) The Best Coffee You Ever Drank for Pennies a Cup

The morning cup of coffee is something many people cannot give up. I understand. Office coffee can be nasty so stopping at Starbucks along the way has become a routine. At 5 bucks a cup (price depends on geographic location) that adds up over a year. 

You can have coffee equal in quality or better with the right coffee machine and coffee beans. Many years ago I wrote a series of short articles on getting a really good cup (or pot) of coffee for a fraction of the price at a coffee house. Fill your coffee mug before you head out the door and you keep $1,825 in your pocket each year, assuming you only imbibe with one cup per day. 

Here is the list of articles I published on coffee:

Gourmet Coffee for Less

Kona Coffee: The Drink of Heaven 

The Best Coffee Machines

Choosing the Best Brew Coffee Machine

The best cup of coffee you ever drank does not have to cost a fortune. Gourmet coffee for less is easier than you think. It’s the frugal thing to do.

2.) Trains, Planes & Automobiles

I never saw the movie, but the title is catchy. 

This tip is a biggie. So big that it can single handedly make you rich! 

I know, I know. There are bloggers that say you should never drive. Bike and walk everywhere. Awesome idea, but not for everyone. 

Your car can drain your finances more than any other purchase! It is a depreciating asset. The speed at which it travels to zero is determined by make, model and condition. But make no mistake; it will end up in the scrapyard like every other vehicle ever made. 

People all too often focus on the depreciation of an automobile. There is another vehicle cost that digs nearly as deep: transaction costs.

I have only owned 3 cars in my life and I’m on the wrong side of 50. I tend to buy used vehicles and keep them for 20 years. (Most vehicles come to their natural life expectancy around 20 years.) 

Depreciation still hurts. Fortunately, I don’t have that accelerated depreciation newer vehicles suffer. The best news is that I have few transaction costs because I don’t do a lot of transacting. Every time you buy a car the state wants a piece of the action. With the exception of 5 states (Alaska, Delaware, Montana, New Hampshire and Oregon) you will also pay a sales tax. 

Used car prices are out of line as I write this. I probably would buy a new car if I was in the market at this time. Regardless, I buy a vehicle when my current vehicle is close to the grave and then keep it for a really long time.

This one tip can save you enough to fund your retirement account if you funneled all those payments you didn’t have to make. And you would trade title, transfer and sales taxes for a tax deduction! Easy choice, I think.

 

3.) Grow a Garden

I’m lucky in that I live in the backwoods of NE Wisconsin. Gardening is easy for me. 

If you have the ability (space) to grow a garden I would encourage you to do so. It doesn’t have to be big. A few tomato plants, carrots, beans and anything else that pleases your palate can make a difference.

Living in an apartment limits your ability to do this. You can still grow a few plants by windows that get sun. There is nothing like enjoying your own fresh tomatoes.

It isn’t the food you grow that saves a lot of money. There are savings, but the real advantage is spending a few more meals at home with your family enjoying a home grown and cooked meal. And that is priceless compared to the $500 or so in savings over the course of a year from avoided dining out.

Might I also suggest planting a fruit tree if you have the room. There is nothing like picking your own fresh apples/peaches/pears/plums . . .  The flavor from tree ripened fruit is nothing like you find in a grocery store.

 

4.) Adjust the Temperature

I know I’m a bit more extreme on this than most.

Living in a northern climate (in the Northern Hemisphere) allows me the luxury of rarely using air conditioning. The winters are another story. 

I have found that my entire family can enjoy a cooler house in the winter comfortably (low 60s F). Yes, we wear clothing in the winter, as in a flannel shirt or other such comfy warm garment. The wife and kiddos cover with a blanker when watching TV (me when I read). The cooler house means we sleep better at night, too.

During the summer we adjust to the warmer temperatures. When it gets hot in July we draw cool basement air into the house. Rare is the year when we kick on the AC. (I actually have a geothermal heat pump for space heating, water heating and AC.)

 

5.) Use the Library

It is well known that I sin when it comes to buying books. I love owning books. It is my one non-frugal habit.

However, several local libraries still know me on a first name basis. Some books I borrow from the library. But the library is so much more than books, books on tape, music and so forth.

I encourage you to read this post on all the surprising things you can get for free from the library. (Did you know your library might offer free college courses, tutoring and more? Some libraries have fishing equipment and one I interviewed even had a sewing machine they borrowed out.)

 

6.) Down Time

One of the most frugal things you can do is give yourself down time. Bill Gates has a “think week” several times per year. Albert Einstein and Steve Jobs both scheduled “no time” where they had no duties or interruptions so they could focus on just thinking creatively.

While it might be hard to understand how down time is a frugal activity, it is time where you are not spending money and instead are focused on making good decisions in your life, finances and business. 

Creativity happens during down time. When I write I close the door. This is “me time”. I’m actually talking to myself and letting you listen in. 

Time spent with the door closed and the internet and email off is vital to mental wellbeing and financial wealth. Your best ideas will come from the quiet time where distractions are not demanding your attention.

 

7.) Write it Down

Along the same line as down time, writing notes, a journal, a blog, a to-do list and any other things you want to think about later during down time is important to a frugal lifestyle. Frugality is not only about money. You can always make more money, but you can’t make up for lost time! 

Slowing down and writing notes is the best way to reduce expenses! You are not buying the best goods and services when you are fighting the clock. 

Notes allow you to slow down and make better decisions. I can give you a million ways to reduce costs, but only you know what things you can reasonably cuts costs on. 

The goal of this post is to provide ideas and spark ideas in your mind. Don’t just do it because some crazy accountant from the backwoods of NE Wisconsin told you to do so.

Write it down. Record your thoughts in a journal and review those thoughts later. Use a grocery list. You will be amazed at how your thoughts change and the money you save. 

And always be willing to revise. Editing your notes and lists is required. The first draft is always junk. That is why you need to review and edit, preferably with the door closed.

 

8.) Health Insurance

This tip only applies to my American readers. Virtually every country on the planet has a single payer healthcare system. In the U.S. getting sick is a major crisis that requires work on your part at your lowest moment of health.

Serious savings can be had by comparing your options. If your employer offers health insurance be sure to review what is and is not covered. Be sure to review the health reimbursement features if your employer offers one.

For everyone else, you need to review the Affordable Care Act options, private insurance and medical health sharing. 

I personally settled on the Christian health sharing options. It was the best value. My worry was it would not deliver if claims were made. A serious illness in my family has put those concerns to rest. You can start your health sharing research here.

And here is a medical health sharing option.

 

9.) Read

Read voraciously! Reading is the acquisition of knowledge. Knowledge is power! 

Don’t read only one source. Not even this blog! (Please, continue reading my blog as a starting point. Thank you.) Dig deep into a topic from multiple sources and come to your own conclusions. It’s important.

Learn to think. Reading builds your thinking muscle. 

Read good books. Even a pleasurable novel now and again.

Read blogs.

Read.

Very few have built serious wealth without serious reading. 

 

10.) Cut Cable

Are you the last person on the planet to cut the cord? Cable is so 1990s. And expensive!

You do know that the local networks broadcast over the airwaves 30 or so channels now? You can watch about as much for free from broadcasts as you can with cable and at no cost.

Then you have YouTube and Netflix and Hulu and Amazon Prime and many more. YouTube is mostly free. Netflix is still pretty cheap. If you have Amazon Prime you already have a streaming service at no additional cost.

You can also check out the library tip above for even more free programming, including the expensive stuff on HBO, etc. Yes, your library has many of these programs, available at no cost to you. Check it out.

 

11.) Cell Phone

Cell phone service can be out-of-this-world expensive. I (my whole family) switched to Visible Wireless a few years back. You get unlimited data, messages and minutes. Visible Wireless is owned by Verizon.

All this for $25 a month!

Since I live in the boondocks I have few options for internet. I use my Visible phone as my internet as well. They even have 5G in areas where available. I am writing this post over my Visible Wireless data using the hotspot.

Visible Wireless is the best deal for cell service I could find. Be aware the link in this tip is an affiliate link. Also know that I went to check to see if they had an affiliate program if I refer them. They did and I signed up just now because, well, I may as well get paid for my referral if I was going to make the referral anyway.

 

12.) Buy a Freezer

When a food item goes on sale it is time to stock up. . . 

. . . if you have the space.

A freezer can cut 20% or more off your food bill. A meat special can be maximized. You can prepare larger quantities for later consumption. 

For the best meat quality and price, check your local butcher shop. Many sell the whole animal (already in the familiar cuts) for significantly less than buying piecemeal over time. A freezer is required is such a situation. 

A freezer is a must if you have your own garden or fruit trees. Nature produces more than you can consume before it spoils. A freezer pays for itself quickly.

 

13.) Can and Dehydrate Your Excess Food

Canning is a lost art. It used to be that folks in the backwoods canned their food. I only know of one other person that cans their own food now. That is a shame since it is such a money saver.

Mrs. Accountant cans and dehydrates like crazy. Fruits and vegetables fill our cellar. When a semi bringing fresh Georgia peaches to Wisconsin arrives, we stock up. A lot. We eat peached until we had our full and can the rest for later. 

The wholesale trucks are hard to find so keep your eyes and ears open. The prices are super low! A box of peaches can run a few dollar at most. And they are better than we can find in the grocery store. 

Consider canning as a hobby. One that pays you in more than one way.

As long as you are at it, you should consider dehydrating food, as well. This is easier than canning. And your food will taste incredible.

Frugal living is easy with dehydrating and canning food. And your food will taste incredible!

Dehydrating and canning are powerful ways to preserve food. Buy on sale and preserve for all year round.

14.) Cut Your Electric Bill 80%

A watched pot never boils, it is said. I’m not so sure about that. When I was a kid I kept my eye on a pot on the stove, and sure enough, it boiled.

Electric bills are out of control. There are so many phantom energy drains in the average home that half or more of electricity consumption goes down the drain without any benefit to the homeowner. 

Read more about recording your electricity consumption here. This one simple step can lower your energy costs significantly. 

 

15.) DIY, Except When You Shouldn’t

The mantra is getting old. The frugal tip of doing everything yourself is a double-edged sword. 

Sure, you can save money doing it yourself. Sometimes. If you know what you are doing.

When I owned rental property years ago I learned quickly I was not cut out for carpet laying. It was cheaper to hire it done. (Really, I was bad at it. One job was so bad all the carpet had to be ripped out and tossed.)

Where you are able to handle the repair or maintenance, doing it yourself can save a lot of money. Changing the oil in the car, sharpening lawn mower blades, light appliance repair, changing a faucet and other tasks might be under your purview. If so, by all means, consider it a DIY job. 

However, knowing when to hire the professional is important. A DIY job when you don’t know what you are doing can lead to disaster. 

If you want to increase your skills, consider volunteering at Habitat for Humanity. A summer of free time spent learning several crafts of the trade is a powerful education that will pay off the rest of your life.

 

16.) Consider a Spending Fast

Sometimes the best way to accomplish a goal is to go all-in. This is where a spending fast comes in.

A spending fast is exactly what is sounds like. There are 5 levels to the spending fast. Each level teaches new financial skills and supercharges your frugality muscle.

You can read more about conducting a spending fast the right way here.

 

17.) Manage Your Taxes

Taxes will cost you more than any other thing in your life, including your home. It may not feel like spending, but taxes are a massive expense everyone can do better at reducing.

I see people in my office all the time that had prepared their own tax return. In nearly all cases they overpaid the government.

Since income, sales, excise, property and other taxes consume over half of the national income, you will need a two-pronged approach in applying frugality to your tax spending. 

First, most people need a tax professional to assure they are utilizing as many tax benefits as possible. The tax code is complex and getting more so every day. Even the pros struggle to keep up with the changes. What chance do you have? And the over-the-counter DIY software can’t do everything for you either. 

Second, even with a tax pro in your corner you need to keep yourself informed on tax issues. Read about tax breaks that apply to you. Question your tax professional. Don’t be afraid of paying for some consulting with your tax pro. When I consult with clients I have in excess of a 10x return for the client. That means for every dollar they spend they benefit over $10. We call that hyper-frugal!

 

18.) Stay Healthy

Easier said than done. 

Illness is expensive and the cost goes beyond the medical. Lost wages and a lower quality of life are two huge costs of poor health.

Staying healthy is easier for some and harder for others. Regardless, you need to eat quality food in proper proportions. Exercise is vital.

Because everyone reading this will be in a different place with their health, I encourage you to consult with your doctor in building a plan to improve your health. Get on the right diet for you. Find the best exercise program for you. 

Don’t forget your social life. Family and friends play a large roll in your health. If you sit in taverns with friends that drink too much and smoke, you might have a problem. Consideration for your lifestyle is an important part of your frugal lifestyle. Choose who you associate with well.

 

19.) Make Your Own Laundry Detergent

Laundry detergent in the box stores have so many fillers just to make it look like you are getting a lot for your money when you are not.

You can cut your laundry costs up to 98% by making your own laundry detergent. It is easy to do and it cleans better than store-bought detergent. 

Consider the detergent-making process a family project. It is fun and teaching your children the low-cost way of living is priceless; a gift that never stops giving.

 

20.) Stay Put

As discussed above with vehicles, transaction costs add up fast. The same applies to where you live.

It is expensive to move. It takes time and requires helping hands and/or a moving truck, etc. If you are renting there might be some damages that get deducted from the security deposit; the new place will also require a security deposit.

Owning your own home can be a very frugal move! But take a page from Warren Buffett’s book. Buffett is one of the financially wealthiest people on the planet. He bought the home he lives in back in 1958 for $31, 500. His home is worth over $650,000 now. 

Buffett mentioned many times he would not be happier living in a bigger or newer home. He is happy right where he is. And good thing. The money he saved in Realtor fees and other selling costs would have come from the seed money he used to build his fortune.

Fees generally are things you pay that give you next to nothing in return. Cutting fees is the surest frugal step you can take. Stay put. Move only if you have to (i.e.. job change).

 

21.) Use a Clothes Drying Rack

Everyone loves the smell of clothes dried outdoors. 

We saw in Tip #19 how to save money on laundry detergent. How about cutting the cost of drying your clothes to zero?

If you are able to hang clothes outdoors, do so. If not, you can use a clothes drying rack. They are inexpensive and pay for themselves many times over. 

As a bonus, you add moisture to the air during the dry winter months. That means your frugal clothes drying habit will also make your home more comfortable.

You can read more about the clothes drying racks I use here. There are some links to Amazon to help in your search for the best clothes drying rack also.

 

22.) Get a Free Bike

You can save the world and yourself one frugal act at a time. Whenever possible, bike to work, the grocery store, the bank or anywhere else you might be going.

There are bloggers who think you should live close to work to be frugal. I personally love living in the backwoods where I grew up. It is 15.1 miles from my driveway to my office. And I bike it many times every year. 

I had an old Huffy bike I rode forever. I decided to get myself a new flashy set of wheels and pulled out my pencil and paper to calculate exactly what it would take to get a free bike. You can read that story here. It is about halfway through the linked post.

 

23.) Dispose of Disposables

How full is your recycling bin each week? How about the garbage bin? 

All the stuff in those bins is filled with stuff you paid for only to throw it away.

Want to inject frugality into every purchase? It is simple. Buy stuff with the least packaging. 

Packaged foods are the worst. Processed food is a bad health choice, as well. All that packaging is paid for by you. But did you want the food inside or the box? The food, of course. Yet you paid for the box, too. (There is no free ride. The box has a cost and it is added to the price of the product.)

When you purchase something, be aware of the packaging. It is costing you a fortune. 

 

24.) Watch Your Water Consumption

Water isn’t an expensive commodity in my part of the world. That isn’t true everywhere. Water can be an expensive purchase. Heating the water adds more to the cost.

Shorter showers and a low-flow shower head is an excellent way to reduce water consumption. Turn off water when not in use. Turn off the water while brushing your teeth.

So much of frugality is common sense. Examine all water use. It should be easy to see where you can reduce consumption in your household.

 

25.) Clean Filters

Filters make a difference. 

I have an open-loop geothermal heat pump in my home. The filter where the water comes in needs to be cleaned periodically. If it gets dirty the efficiency is reduced. If dirty enough, the heat pump trips off. 

The air filter also needs changing a few times per year. I have a reusable air filter I clean and then put back into the unit.

Filters on your vehicle, lawn mower or any other item in the house, need to be charged or cleaned on a regular basis. Forgetting this reduces the life of the item and increases energy consumption.

And clean the grill behind your refrigerator! And under the darn thing, too! Stressing the compressor on your refrigerator can cause the compressor to fail. Have you seen what refrigerators cost? Yes, it is very frugal to clean and replace filters often.

 

Knowing when to do-it-yourself or call in the professionals is the smart way to save money. Sometimes the repairman is the cheaper choice. And the frugal one.

26.) Insulate Your Living Space

A sure way to save money is to keep the heat (or cold) where you want it. Insulate the attic. Wrap your water heater and the hot water pipes. Weather stripping around windows and doors offer serious energy savings. 

Many communities have low-cost services to help with your insulating needs

If doors and/or windows are deteriorated it might be advantageous to replace them. Tax credits are available to reduce the cost. 

 

27.) Dump the Landline

Is there anyone left with a landline? Everyone has a mobile phone today. There is no reason to have a landline as well.

And as long as we are talking about it, stop paying for AOL!!! Or any other unnecessary service. It blows my mind when I see people still paying for dial-up service or other such nonsense.

 

28.) Cancel Recurring Payments

Companies love to set customers up on recurring payments. The customer is later either too lazy or doesn’t remember to cancel the service.

Recurring payments are a cancer on the family budget. It is also low hanging fruit when it comes to frugality. And some subscriptions are outright scams! 

These recurring payments are financial death of a thousand cuts. They drain you dry a few drops of blood at a time. 

You must review all your credit and debit card statements each month. The same for all checking and savings accounts. Highlight the little buggers nickle and diming you to death each month and exorcise them. Be merciless! Your frugal reputation is on the line. You can probably retire 10 years sooner if you avoid these vampires.

 

29.) Review Insurance Annually

Insurance is a necessary evil. At least for home and auto coverage.

The insurance they sell to protect a $100 purchase at Best Buy or Walmart or Amazon is worthless, in my opinion. 

Insurance is a commodity. The insurance company hopes you don’t see the relentless climb in the premium. 

Your best defense is to review and shop your insurance annually. This is the only way to ensure the best insurance for you at the lowest cost. 

Also be sure to review that you have adequate coverage. Especially liability. Lawsuits can take out just about any nest egg.

 

30.) Get All the Rewards You Deserve

Just about everything today has a rewards program attached to it. Credit cards have offered cash-back rewards for a long time and debit cards have also started adding rewards programs.

If you enjoy playing the game, you can find inconsistencies inside rewards programs. You can game the system for profit. Doctor of Credit is a good place to start playing the game. Sign up for their newsletter and get a weekly email on all the deals and specials on rewards programs. There are juicy deals each week. It can even be a profitable side hustle.

Paying with a credit or debit card also comes with hidden perks. Many credit cards offer free extended warranties of products bought with their card. Purchase protection guarantees the lowest price or the card will refund the difference. Roadside assistance, delayed or lost luggage, trip cancellation, auto insurance are all free perks found with many credit cards if you know enough to ask. Even if you have an item stolen, many credit cards will replace the item!

And don’t forget about local rewards programs. A local gas station created so many moving parts to their rewards program that I will pay under $2 a gallon for gas for the next year and a half.

More details about utilizing all the hidden perks on credit cards can be read about here.  

 

31.) Have Fun

Frugality only works if you are having fun. Deprivation is not a long-term solution. Make it easy. Make it fun. 

Your financial goals are closer than you think if you can get rid of all the dead weight spending. 

And it is even okay to be silly about frugality. Here is a post on 10 Ridiculous Ways to Save Money.

Life needs to be fun. Frugality is a way of life, a way of living. There is no need to give anything up! Quite the opposite. You can actually have more while being frugal. And so much of it allows for high-quality family time. It is fun to see how things work. It is not about yelling at the kids to turn off the lights. 

 

I hope you enjoyed these 31 tips and tricks to cutting spending. Frugal seems to be a dirty word until money is tight. I think good money habits are best applied at all times so money stress is reduced or even eliminated. 

And please, don’t let me do all the heavy lifting. My back is sore as it is. Share your favorite frugal tips and tricks in the comments below.

 

 

More Wealth Building Resources

Worthy Financial offers a flat 5% on their investment. You can read my review here. 

Personal Capital is an incredible tool to manage all your investments in one place. You can watch your net worth grow as you reach toward financial independence and beyond. Did I mention Personal Capital is free?

Medi-Share is a low cost way to manage health care costs. As health insurance premiums continue to sky rocket, there is an alternative preserving the wealth of families all over America. Here is my review of Medi-Share and additional resources to bring health care under control in your household.

QuickBooks is a daily part of life in my office. Managing a business requires accurate books without wasting time. QuickBooks is an excellent tool for managing your business, rental properties, side hustle and personal finances.

cost segregation study can reduce taxes $100,000 for income property owners. Here is my review of how cost segregation studies work and how to get one yourself.

Learn the secret to scoring free tickets to any game at any time. Enjoy football, soccer, hockey, baseball or basketball from the inside. You and your friends will have the best time ever! #wealthyaccountant #hockey #football #free #tickets #basketball #baseball I preempt our regular programming. I had an awesome post planned for today, but then my oldest daughter returned from college and told me something that made my mouth sweat. (You can enjoy the planned awesome post Thursday.)

Regular readers may remember I swore off commercial television decades ago, including my beloved football (not to be confused with soccer, my non-North American friends). Still, football is a massive part of the backwoods lifestyle of Phuket, Wisconsin. (Can you blame us? It’s all we have! Either that or admiring our frozen tundra.)

Now I know what you’re thinking. You like football and if you enjoy the sport you should be able to enjoy the sport. I agree. But readers around here are frugal and it takes a king’s ransom to get into the game! If you’re lucky enough to be in the 1% it’s still affordable, but if you’re in the 1% somebody else paid for those tickets or you don’t attend such extravagant events. Paying for NFL game tickets is for the 99% and chumps.

You can blame this post on procrastination. All weekend I kept promising myself I’d write Monday’s post early and get a jump-start on posts for when I was at FinCon in a few weeks. Instead, I focused my attention on YouTube videos of the Red Green Show. I think you’d agree it was a good trade-off.

Before We Get Our Free Tickets

I’m writing this late Sunday night (because I never wait until the last minute to write what needs to be published Monday). The Packers are playing the Bears in the late game. Yes, I’m missing all the action once again. But my daughter’s words echoed in my mind: free Packers tickets.

If you gave me free tickets to an NFL game I’d sell them. I have never—and never will—watch an NFL game at a stadium. If God hates me I might end up forced to watch a commercial laden television broadcast at the family Thanksgiving gathering.

Score free tickets to any sporting event you want. Planning is simple and fun. You might even get paid to attend a football, soccer, basketball or baseball game. #wealthyaccountant #free #football #baseball #soccer #basketball #tickets One reason I’ll never watch a game at Lambeau Field is because I heard they play the commercials in the stadium to all the chumps who coughed up serious change to attend. Is there any way to avoid this garbage? You can correct me in the comments, but it;s what I’ve heard.

Deep down I secretly hope the Packers get clobbered early in the season. It is soooooo annoying listening to the nonstop football discussion as if it makes any difference. I hear it at the office, from family, clients, at the gym while lifting weights and worst of all, in the friggen steam room at the gym when I just want to do is unwind. (FYI: I can’t name the coach or a single player on the team.)

Yes, I defend your right to watch any sport you want; I just don’t want to hear about it.

And my dream came true! Due to the nugget of knowledge imbued by my daughter I was interested enough to check Yahoo Sports to see how the Packers are doing tonight and they are getting gutted 20 to nothing. Hahahahahah!

Ah, the gym will be so quiet tomorrow as the proletariat licks their wounds as I workout. (Okay, smartass! I procrastinated more than you thought. I saw the 20-0 score on Yahoo and went back to enjoying Red Green. Then I vomited a little in my mouth when I went back and saw the final score. Looks like a mass shooting is a high probability at a gym near a certain accountant’s establishment. God, how I dream of the time each year when the Packers are out of the playoffs.)

By now you’re probably wondering if I have the goods. I do. The reason I tell you all this stuff is because the information I need to impart takes all of 15 words to explain and I have column inches to fill. This is powerful information and needed dissemination. So, on to the meat of our presentation.

How to Snag Free Tickets to Any NFL Game

Once again, I don’t have insider information on any of this so you just have to trust me.

Football tickets are expensive. I’m guessing they run a hundred bucks or so per person, plus parking, program (do they charge for those things or even still have them?) and food. They probably charge to use the restroom.

Attend any sporting event free with this little known secret. Planning is important. You and your friends can enjoy any football game for free. You might even get paid to see the Super Bowl. #wealthyaccountant #superbowl #sports #sportingevent #planning #americanfootballThis is serious ka-ching. The kids have to stay home at these prices or dad would be set back a thousand smackeroos or more!

No more procrastinating. What I discovered is more than free tickets to any NFL game; you actually get paid to go to the game!

It works like this. Game day is a messy experience. Stadiums need to keep on top of the garbage intoxicated fans keeps throwing everywhere other than the waste basket so they pay people to come to the game and tidy up.

Each team is different, I’m sure. But all teams have the same problem and need to keep things tidy on game day. And this is where my daughter came in.

The secret she told me was PTK (Heather is a smarty pants and is the VP of the Wisconsin PTK) sends people to Packer games all season to raise money for the organization. For the Packers at least, you need at least 10 people to attend during the game. I was told the group was paid ~$800 for 5 hours of time during the game and they actually get to see some of the game (always a downside).

For frugal people like you this is a monster idea! Not only can you save hundreds on an expensive habit, you actually have a very part-time side gig! Aren’t you excited?

There is a potential catch. I’m unsure if only non-profit organizations are allowed to do this. But that is a small speed bump people for folks as intelligent as the people around here. Heck, you can gather your buddies from the tavern league to get the requisite 10 people. (Hey, if you consider NFL tickets an acceptable expense you also probably spend crazy amounts of money on watered down hooch at the local tavern.)

Game Plan

Every team in every major sport probably has a similar program. If you really do love the sport, this is a good way to support your team while enjoying the game from the inside. Rather than crack open your wallet for an expensive outing, consider participating. You can attend the game for free and get paid!

Yes, you don’t get to enjoy those very comfortable seats. Instead, you can walk around as you enjoy the game. When you see trash blowing around you pick it up and put it where it belongs. As a responsible citizen you do that anyway. Right?

Regardless your sport of choice, check into this nugget of information. Check what the rules are for your favorite team. You can earn a few dollars while enjoying a great time out with friends. If it requires a non-profit, join one. Then volunteer. The organization probably keeps the money, but so what? You help a good cause while getting free entertainment. Think of all the fun.

Disclaimer

I know I was facetious in this post. It was about the only way to write it. Just because I walked away from spectator sports decades ago is no reason you can’t enjoy the game. I made my choice; you should make yours without regard to a crazy accountant’s personal decisions. The idea is short, sweet and to the point. But sporting events are expensive and this information can make game day more fun than ever, raise money for a cause (or you) and allow you free attendance.

My choices are different than yours. You can maintain a frugal lifestyle while enjoying the good things in life. I bet helping out on game day would make the game even more pleasurable. It is different than passively sitting in a chair and watching the game. You can be part of the team effort.

Honestly, I enjoy the excitement the guys at the gym express when the Packers are doing well. I don’t watch, but still cheer on the home team. I only know the name of one player. (Rogers is still the quarterback, right?)

Spending money is okay, no matter what you’ve heard. Overspending is a different story. Professional sports can set you back serious coin. Especially while you are reducing debt and building toward financial independence, you should focus on reducing spending. Now you can keep spending low as you build your wealth and enjoy the things you like in life.

And I saw the Packers eked out a close one. Must have been a nail biter. The guys at the gym will be excited. I’ll be excited for them, too. Go Packers! Even if I never see a game this year.

 

More Wealth Building Resources

Personal Capital is an incredible tool to manage all your investments in one place. You can watch your net worth grow as you reach toward financial independence and beyond. Did I mention Personal Capital is free?

Side Hustle Selling tradelines yields a high return compared to time invested, as much as $1,000 per hour. The tradeline company I use is Tradeline Supply Company. Let Darren know you are from The Wealthy Accountant. Call 888-844-8910, email Darren@TradelineSupply.com or read my review.

Medi-Share is a low cost way to manage health care costs. As health insurance premiums continue to sky rocket, there is an alternative preserving the wealth of families all over America. Here is my review of Medi-Share and additional resources to bring health care under control in your household.

QuickBooks is a daily part of life in my office. Managing a business requires accurate books without wasting time. QuickBooks is an excellent tool for managing your business, rental properties, side hustle and personal finances.

A cost segregation study can save $100,000 for income property owners. Here is my review of how cost segregations studies work and how to get one yourself.

Worthy Financial offers a flat 5% on their investment. You can read my review here. 

IMG_20160814_134107

Okay, this is not my living room! It is a side of my home office. In my defense I did not put all that stuff there.

There is a genetic defect in The Wealthy Accountant’s family. It is so serious it threatens to overrun everything we value, costing us money and health. No one doubts grandpa accountant possessed the genetic mutation back in the farming days. Dad accountant followed in grandpa’s footsteps and a brief look around my home will erase any question in your mind the acorn does not fall far from the tree.

When I was a wee tyke my grandfather had a special job for us on rainy days. Rather than take a day off he sent us kids to the old shed where all the nails and screws from assorted jobs were thrown into a wooden bin. Our job was to separate them. Lest you think I am pulling your leg I have a sworn affidavit in my drawer, god forbid I would throw that away.

Nothing was wasted on the farm. The Great Depression left an indelible mark on my grandparents as they saved everything “just in case”. When we talk frugal today we have nothing on my granddad. Nothing. We worked hard for the sake of working. The fear in the back of our minds was the hardship of the Great Depression would return. It did in 1982, the year I graduated from high school. The late 1970s put the family farm in debt and the inflation and interest rates of the early 1980s ended several generations of farming.

I live in a county with a current population under 50,000. I live more toward the center of the county. If you exclude the heavy population in the northwest corner, the county is very rural. I grew up in one of the ruralist (is that a word) parts of the state. We never spent money on anything unless absolutely necessary. The milkman would deliver dairy products when he picked up our milk. Grocery shopping was a major event. I was a senior in high school when I left the county for the first time. My uncle did not leave the state until he was in his 40s and it was to cross the Illinois border by ten miles to pick up his oldest daughter when her car broke down. He left the state one other time in his life for his honeymoon several years later (he enjoyed a cruise).

The Diagnosed Sickness

The genetic disease I speak of is clutter. My grandfather’s house took months to empty after he died. It boggles the mind the material a guy can collect over 90 years when nothing gets tossed. Of course, most of the garbage, I mean belongings, ended up in a dumpster. One of the items we struggled to part with was a vintage home-made jar of thistle wine from 1976. It was a good year for thistles.

When do we finally say enough is enough? My grandparents ran from a monster that never existed. Some things need to be discarded. Quality of life was sacrificed to satiate the demons. I am better than most in my family but the photos in this post attest to a few minor issues I need to deal with.

The first step is admitting you have a problem. Progress has been made over the last few years. There are tricks to reducing clutter in your life without the emotional response of parting with a loved one. (Okay, it’s junk. Junk! You bought it for twenty-five cents at a rummage sale fourteen years ago and it has been collecting dust for all those fourteen years. Junk.)

If you read this far you are all for decluttering your life and living a more minimalist lifestyle. I have seen all the different internet challenges to create a minimalist lifestyle. They don’t work for people who need an intervention. Taking a 100 item challenge (get rid of everything except for 100 things) is meaningless when you have 42,611 pieces of crap lying around the place. I have a farm. Do you know how much the local landfill would expand if I tossed all but 100 items in my life? Geesh!

Steps to Declutter Your Life and Take Back Control

Clutter destroys quality of life. Taking control of your life requires downsizing. If you have a storage unit to hold all the stuff you can’t fit in your home/apartment there is a great place to start downsizing and saving money. There are few reasons to have stuff in a storage unit. If it does not fit in your home then maybe you should have keep your money in your wallet.

Here are some ways I have reduced the stuff cluttering the house or office:

  • For every item brought in the house one has to go. It’s a simple theory until you realize you need to choose something in your arsenal to sell/donate/junk if you want a new item. Want to make it a bigger challenge? If a family member brings in something and refuses to choose what goes, you choose one of your things. A month or two of that and you begin to realize you have the ability to preach.
  • Start with one room and put everything in that room in boxes, you know, the boxes you can never throw away. Anytime you need something from the boxes feel free to take that item out. Stuff you did not use after a month goes to Goodwill. You might even get a deduction. Tell’em the Wealthy Accountant sent ya.
  • Get honest. I love my books and as frugal as I am I have way too many books I could have borrowed from the library the one time I wanted to read them. Movies are worse. A decade or so ago I got the crazy idea I would buy movies since I did not waste money on cable. It did not take long to build a pile of shit, I mean movies. One day I got serious and donated over half to the library. (I can always check them out if I want to see them again. So far, never had the itch to check out one of my donated movies. Go figure.) It is time to get rid of half the remaining half this year. I call it ‘The Garbage Bag Declutter’. Get a garbage bag and fill it with stuff for Goodwill. You know who to them sent you. Right?
  • Books are a different story. I have parted with few of my children, ah, books. Well they treat me better than my kids! Okay, I jest. But bibliophile knows exactly how I feel. Some day, when I am strong, I will part with two, maybe three of my cherished books. I may not post for a while as I go through the stages of grief, but no one can say I don’t walk the talk.
  • Act like you are moving. Want to make decluttering easy? Simple. Act like you have to pay to move all your sh . . . junk by the pound. You will figure out real quick how important that rummage sale bargain beanbag chair is. I know. It was a good idea at the time.
  • Paper party. One of the worst offenders of clutter is paper: newspapers, mail, letters, magazines, et cetera. Take time to sort the piles of paper. Tax documents should be saved in a filing cabinet and disposed of after the statuette of limitations runs out. Be sure to keep important paperwork like the deed to your properties. And the marriage license. Don’t throw that out. Yikes! Mrs. Accountant would have my neck if I tossed that. Paperwork that seemed important six months ago might be candidates for recycling or shredding. Old magazines have to go.
  • Don’t forget the basement, attic, side rooms, and closets. If you have a big mess, start with one room at a time, tackling one per week, or one per month if you need more time to recover from the shock of the previous room. Yeah, you might find some moldy stuff back there. Good thing you finally cleaned that corner out after a decade.
  • Don’t let people dump stuff on you. A portion of my clutter comes from well-intentioned people giving me something they thought I needed and now I feel obligated to keep. Christmas is a no-gift zone in my house. No Christmas tree either. We have a plant we call Fronds we decorate with whatever we can find. It looks strange, but then again look who is giving the advice.
  • Set a date/have a plan. Packrats with genetic issues have a hard time starting the decluttering process. I find setting a date to free a room from bondage works for me. Trick yourself into doing it. The clean, decluttered, minimalist room is the one you will spend most time in afterwards because there is room to move.
  • Don’t forget the bathroom either. Clean out all old medications and first-aid supplies. Bandages from 1974 might need a refresh. Brill cream after fifteen or so years is nasty.
  • Uncluttered/minimalism is sexy. A room is inviting and alive when there are few items in it. Act like Steve Jobs. He never found the perfect furniture so he never bought any; he sat on the floor. Put off until tomorrow what you want to add to a room today. Most of the time on second thought you will take a pass.
  • Don’t stop now! Your computer looks like a hurricane went through it. Pack stuff away in folders. Your computer desktop should be neat and clean with a slant toward efficiency.
  • Personal life. Your cluttered personal life needs some cleaning too. All the demands and commitments are making a mess of your time. You only get so much of that time stuff so you better be careful or you will run out before you learn to enjoy life. Declutter your social life and you will appreciate what you have more.
  • Learn the meaning of enough. I get offered stuff all the time. I say no a lot. It takes a while to learn how to say no without hurting feelings, but it is a valuable skill once learned. Many times my decision to pass on a beer or other stuff allows the other person to say no too. It empowers you and them!

I dream of living a minimalist lifestyle. Three seconds in my home, office, or barn and you will know I am nowhere near completing that goal. Reaching the perfect decluttered, minimalist life is not the goal; it is all about the journey. Freeing yourself from clutter a bit at a time extends the great feeling of freedom when you realize you have less stuff to take care of or worse, protect.

I gotta get going. The garage needs some work.

The Number 1 way to save money is also the easiest. Reach financial independence with frugal habits that take no effort. When it's easy you stick with it. Frugal tips. #wealthyaccountant #frugal #money #saving #1 #frugality #spending #spendinghabits #frugalhabits #frugaltipsOut in the boondocks where I live the garbage is picked up every two weeks; recycling once per month. Until a few months ago this arrangement worked well. Garbage was placed in a large barrel the garbage truck could automatically empty into the truck hopper. Recycling was placed in blue plastic bags with paper and cardboard placed in either a box or tied in a bundle. A few months ago the system was changed for recycling. Bags were replaced with a blue barrel the same size as the garbage barrel. I understand why the change took place. Under the new system the recycling company could run the route with only one employee. The truck has a lift (like the garbage truck) to grab the barrel and empty the contents.

The problem comes from the amount of recycling I have. All the recycling from my office, farm and home went into the barrel and it was not big enough. It was hard to believe I had so much crap every month. The garbage barrel was almost empty; we have one small kitchen garbage bag for disposal every two weeks. But the recycling did not fit. At first I wanted to blame all the stuff (a technical term used by hard-core wealthy accountants) on the office and farm. Certainly, they played a roll, but personal recyclables still would fill the barrel monthly.

Whenever I see stuff going to the landfill or recycling center I start thinking. Why am I buying all this stuff only to throw it away? The only way to understand a problem is to research it. I had to know where all the recyclables (waste) were coming from.

To make for fair research, I excluded the loads of junk mail and other paper from the office and feed bags from the farm. My goal was to understand my personal waste. My garbage waste is so small I don’t think it pays to spend much time reducing the small kitchen bag of garbage. Mostly, we change the kitchen garbage every two weeks whether it needs it or not to prevent odor. But how in the heck do we fill a recycling barrel to overflowing monthly?

First off, I notice we have a lot of plastic jugs. I mean lots! We could mention the whisky bottle, but we will not go there to protect the reputations of the not so innocent. (Mrs. Accountant does not drink whisky… that I know of.) The real mass of plastic is dominated by juice bottles and milk jugs.51Asry1yxuL._SX317_BO1,204,203,200_

I prefer drinking fresh, home-grown juice. Sometimes I buy apple juice at a local orchard in the fall. I drink milk, but not often. So I can place all the blame on Mrs. Accountant and my two Jr. Accountant daughters. Except it would not be fair.

Milk containers collapse down and don’t take a lot of space, but we guzzle three gallons a week. Juice containers are more rigid and collapse to a point. The barrel would fill slowly each day. There was also one other bulky item that consumed a lot of space other than office paper, feed bags and plastics.

Before I tell you the criminal in the recycling barrel I want to defend the Accountant household. The item causing all the problems came mostly from the office with only a few coming from the household. The culprit: packaging (cardboard boxes).

Food packaging is the worst. The ladies at the office love to ship in lunch on a regular basis. Example: one of my employees had a birthday recently so it was decided the boss would pay for lunch. (We have a petty cash account for special treats for the staff.) I had no say in the purchase. They decided on Subway. The plastic container holding all the sandwiches was huge! I had no doubt more cost went into the plastic packaging than the amount of food purchased. Two lessons here: 1.) the plastic package did not collapse down well so it took a lot of space, and 2.) the cost of the food was probably less than the cost of the packaging which was purchased for no other reason than to throw it away.

Since we know packaging is not free, we have an opportunity to reduce costs in our life without sacrificing lifestyle. I am on a mission at home and at the office to reduce recycling waste. Stuff tossed in recycling is still waste! And you paid for it; just as much as you paid for all your regular garbage. If we can find ways to reduce all waste, including recycling waste, it would do wonders for our personal bottom line. Call it frugality without giving anything up.

A Few Solutions

When you have a farm, office building and a large home you need a fair number of light bulbs. I use LEDs in all my buildings. Some LEDs are packaged with so much plastic I have to visit the shop to pry open the packaging. I discovered some LEDs use less packaging, especially when multi-packs are involved. I visited a few local stores to see if I could do better when buying stuff, LEDs in this case. Using my trusty pocket calculator I determined multipacks were a much better deal and used a significant amount less packaging. Lesson: More packaging equals either a higher cost or a lower quality to cover the packaging cost.

The easiest frugal habit also gives you financial freedom. Save money, get rich! Early retirement is possible when you have powerful spending habits. Frugal tips. Spending tips. Grow net worth. #wealthyaccountant #frugal #spending #saving #savingstips #frugaltips #spendingtips #frugalhabitsPackaged food is bad for your health and pocketbook. All the boxed foods my kids love (and I eat right along with them) are hurting my body while wasting a lot of money on packaging. Fresh fruits and vegetables can be somewhat more expensive, but after considering health they are a bargain. I have a plan to buy more in bulk to reduce packaging costs and to reduce prepackaged foods like cereals. In my defense, I eat eggs every morning and I get them from my barn. When I say ‘Farm Fresh’ I mean it. My breakfast: laid this morning. (BTW: you can buy my eggs (brown eggs) if you stop in the office. First come, first serve.)

On the farm I buy egg mash in 50 pound bags. I will move to bulk delivery without any bags and store the mash in a spare gravity box. I use about a ton of mash a month and when I checked it is cheaper for the same exact product. Savings: $40 per month. Farmers are noted for their frugality. I still cannot explain what took me so long to figure out I could save $500 a year with this simple change.

The accounting office will be a tougher nut to crack. I don’t always have control over the waste flow. Junk mail will keep coming no matter what I do. Boxes from Amazon for supplies or paper take a lot of space and cannot be easily replaced.

I reuse many plastic containers and cardboard. The cardboard works on the farm around trees or in the garden to control weeds and protect soil moisture. Juice contains store homemade wine well (ahem). In the end it will end up as either garbage or recycling, but used many times before discarded.

I saved food waste for last. We don’t have food waste in our house. What the chickens, steers and barn cats don’t eat goes into the mulch bin. It is estimated 50% of all food grown is discarded from farm to the table. We certainly have waste in the Accountant household. Garden waste is common during the summer and fall. Not all things grown should be eaten. Unfortunately, there is waste from the kitchen as well. Wasted food is going to happen. Things sitting in the fridge too long have to be tossed. Unless you have a farm you will have more food waste going to the landfill than my household.

Make a Difference

Every household has different waste/recycling issues. Any waste bothers me; it goes against my upbringing. My paternal grandmother used to remind us kids that during the Great Depression they ate lard sandwiches “and liked it”. We joked back that today we have Butter Flavored Crisco. Truth is it is not funny. Waste delays retirement plans as money funneled to retirement investments get a ride to the landfill or recycling center. Waste reduces quality of lifestyle. It also feels really good knowing you are acting as a responsible steward of the gifts life has granted you when reducing waste. Be vigilant. Whenever spending hard earned money (or easily gotten money, too), pay attention to the waste products you are buying with the stuff you want. It’s how wealthy accountants roll.

 

More Wealth Building Resources

Personal Capital is an incredible tool to manage all your investments in one place. You can watch your net worth grow as you reach toward financial independence and beyond. Did I mention Personal Capital is free?

Side Hustle Selling tradelines yields a high return compared to time invested, as much as $1,000 per hour. The tradeline company I use is Tradeline Supply Company. Let Darren know you are from The Wealthy Accountant. Call 888-844-8910, email Darren@TradelineSupply.com or read my review.

Medi-Share is a low cost way to manage health care costs. As health insurance premiums continue to sky rocket, there is an alternative preserving the wealth of families all over America. Here is my review of Medi-Share and additional resources to bring health care under control in your household.

PeerSteet is an alternative way to invest in the real estate market without the hassle of management. Investing in mortgages has never been easier. 7-12% historical APRs. Here is my review of PeerStreet.

QuickBooks is a daily part of life in my office. Managing a business requires accurate books without wasting time. QuickBooks is an excellent tool for managing your business, rental properties, side hustle and personal finances.

A cost segregation study can save $100,000 for income property owners. Here is my review of how cost segregations studies work and how to get one yourself.

Amazon is a good way to control costs by comparison shopping. The cost of a product includes travel to the store. When you start a shopping trip to Amazon here it also supports this blog. Thank you very much!