At the beginning of the month, made a decision to take part in the Frugal February challenge the decision was brought on because I wanted to recover from a very reckless festive season in December here are the 5 Things learned from Frugal February.
5 Things learned from Frugal February
Got intentional with how and when I was spending money. Stop spending because I had money or spare change.
Cooked at Home
This was a no-brainer because spent a lot of money on takeaway food on weekends and my excuse was always I am tired.
Looked through the bank statements the amount spent on eating out was shocking I had to cook at home and use up everything I have to avoid the wastage of food and save some more money.
Cooking is a lot of work and there were times when I wanted to give up but had to push through to the finish line.
For the first time in a long time, bought my vegetables in bulk and searched for hamper deals and it saved me a lot of money.
Made me aware of how even street vendors can be expensive at times.
Stuck to the budget set
Usually, I would be in my buffer money because I overspent on some category but during the frugal February I had money left from my previous salary.
Saved 15 % of my Salary
Firm believer of paying yourself first, this money is used to contribute into sinking funds and investment. Proud of my self that I was able to save this much always saved 10 % of the monthly salary .
Hope to continue saving 15% even more through out the year.
If not then it is not the end of the world because you know life is unpredictable.
Overall the journey of being Frugal in February was hard to say the least.
Felt so deprived and restricted, but I enjoyed what I have learned.
Thinking of doing this frugal thing for a couple of months this year will see.
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