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20 Reasons Why Being Broke Can Be Happy And Fun

20 Reasons Why Being Broke Can Be Happy And Fun

Unless you’ve been really lucky, or somehow managed to land an amazing job right out of school, you probably know what it feels like to be pretty flat broke.

You know, scraping by to make rent, buy groceries, pay off student loans, and still have a tiny, tiny amount to live like a normal person.

But you’ve gotta admit: there are some good parts about being broke.

Don’t believe it? Check it out.

How Being Broke Can Be Pretty Sweet

1. When it comes to having fun, you get creative.

Who needs to spend a ton of money at the club when you can do this:

jim-carrey-tape-o

    2. When you do go to the club, your friends often offer to buy you a drink…

    alcohol

      3. …because they know when you’re doing well financially, you’ll return the favor.

      Any time you’re out with friends and you don’t have to worry about the bar tab, this is you:

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      gatsby

        4. You appreciate the pure beauty of thrift stores.

        macklemore

          Seriously, Macklemore’s got it right. It’s so much fun!

          5. And you totally rock the look you’ve got, because you’re no walking billboard.

          Don’t need any Prada to strut your stuff!

          giphy

            6. Sale at your favorite store? Drink specials? Free Ritas? Yeah, you already know about all that.

            yes

              You are the queen / king of coupons. You know, since you kinda need that extra money for, like, sustenance and stuff.

              7. You treat the possessions you do have with so much care.

              When you finally manage to save up enough money for a working computer, that sucker will last.

              pleadingcomputer

                8. You’ve learned to cope with stress.

                You don’t mind being busy or balancing a billion things, just as long as you’re not checking your bank account balance. Because when you do, you generally react like this:

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                bank account

                  9. On payday, you feel like this…

                  treat yoself

                    …even if “treating yourself” means buying takeout for dinner that night. This lo mein tastes like victory.

                    10. Speaking of food, you appreciate everything that’s not rice or Ramen way more.

                    mac and cheese

                      11. And when you only have a few things left in the fridge, you make it work.

                      When someone tries to explain that you can’t make a meal out of ketchup, tuna, and Saltines, you’re like…

                      challenge

                        12. The dollar menu exists, and it’s a wonderful thing.

                        mcdonalds

                          Well, at least it is for the first three minutes, until you’re like this:

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                          dying

                            But let’s just take that as it comes.

                            13. That moment you find a twenty in the pocket of your old pants…

                            …pretty much pure bliss.

                            dollar

                              14. Your willpower is unbreakable.

                              You’ve got a budget, and you’re sticking to it!

                              no

                                 

                                Mainly because you’re slightly afraid of what would happen if you didn’t, but shhhhh.

                                15. You know that when you do make the big bucks, you will know how to manage it.

                                You’ll see your friends buying $8 coffees at Starbucks, and you’ll still be like:

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                                nooo

                                  16. But you know that money isn’t the important thing.

                                  You’ve learned how to have fun and love life without a ton of it.

                                  fun

                                    17. For example, who needs a gym when you can go outside and soak up the sun?

                                    hot babe

                                      18. And who needs a fancy wine and cheese night when you can have a Netflix and pizza night?

                                      tv

                                        So much more fun. (A huge thanks to that friend whose Netflix account you’ve bombarded.)

                                        19. Because you know that you appreciate what you can afford a million times more…

                                        You don’t take life for granted. Every time you get something nice, even if it’s little, you react like this:

                                        overjoyed

                                          And life is way nicer that way.

                                          20. …and you have learned what is really important.

                                          friends

                                            Featured photo credit: Sharon Drummond via flickr.com

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                                            Last Updated on June 26, 2020

                                            25 Easy Tips on How to Save Money Fast

                                            25 Easy Tips on How to Save Money Fast

                                            “How to save money fast?” This is the question asked by all of us not in the top 1% of rich people.

                                            If you are looking for ways to drastically reduce your expenses immediately, first look at what you need to spend money on every week. And I mean really need.

                                            You don’t really need to order in food. You don’t really need to buy expensive perfume.

                                            Building from that, you can work out how your regular expenses can be reduced.

                                            As for irregular expenses, they can also be deceptively costly in the long run. Once-off buys can also be tackled with some prudent planning and a little extra research.

                                            And remember: a budgeted lifestyle does not mean a bad or boring one!

                                            But first, understand what budget you can cut down on daily:

                                            • Regular expenses for the average adult (can be trimmed but not eliminated):
                                              • food
                                              • rent/mortgage
                                              • cell phone
                                              • insurance
                                              • socializing/entertainment
                                              • transportation
                                              • hygiene products
                                              • household bills
                                            • Irregular expenses for the average adult (can be eliminated or cut down a lot):
                                              • travel
                                              • clothing
                                              • medication (*depends)
                                              • grooming (hair, nails etc.)
                                              • gifts

                                            Now, let’s dive right into the 25 ways to save money fast:

                                            Save Money on Food

                                            1. Bring a stock of food to the office/work

                                            Instead of popping out for an overpriced salad and a smoothie, leave a set of basic utensils at the office as well as a stock of non-perishable goods such as tinned fruit, tuna, rice crackers and so on (try to avoid the junk food and this can turn into a pretty great diet!).

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                                            Stocking up means you won’t forget or say “I didn’t have the time” when you rushed out to work in the morning.

                                            2. Buy the store-brand version

                                            Many basic foods, such as bread and milk, will taste exactly the same as their branded alternatives. Go for stuff with minimal additives and preservatives. Meat in a tube is probably insanely unhealthy!

                                            3. Eat cheaper cuts of meat

                                            Learn how to tenderize and flavour cheaper meat and fish, and save on the (typically) most expensive item on your grocery bill.

                                            4. Have group dinners

                                            If 10 friends put $5 each in the kitty, it’s pretty easy to make a giant lasagne and get refreshments, as well as hang out with your favourite people.

                                            Save Money in Transport

                                            5. Get a bicycle

                                            Save on gas money and bus/metro fares with this underrated mode of transport.

                                            6. Use public transport and/or don’t get taxis

                                            Some places can only be reached by car. But as a good practise, check your public transport website and see if any routes pass nearby where you need to get to. Walk as much as you can.

                                            7. Find the cheapest gas

                                            Regularly check out where the cheapest gas can be bought.

                                            Save Money in General Shopping

                                            8. Shop online

                                            Not only will you save on the gas or transport fares from going to the shopping mall but you will also find better deals

                                            9. Sell your old stuff

                                            Get your unwanted belongings up on eBay ASAP and earn a few dollars.

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                                            Here’re more ideas for you: 25 Things to Sell to Make a Lot of Money

                                            10. Bulk buying stores

                                            For regular non-perishable/slow perishable purchases such as toilet paper, cat food, pasta, washing powder and so on, do an epic stocking-up trip to a co-op or equivalent (my mum used to go to a place that restaurants buy from).

                                            Be wary of supermarket “deals”, as some have been found to be fraudulent after working out a simple calculation.

                                            11. Become a flea market/car boot sale/street market guru

                                            You can find original gifts and develop good negotiation skills at these places.

                                            12. Generic brand medication

                                            More often than not, the generic version of paracetamol and other basics work the same as the branded version.

                                            13. Choose deodorant, not perfume

                                            It blows my mind when someone drops $70 on a bottle of spray. Stick with a nice deodorant, and not only will you smell just fine but you’ll be sweat-free as well!

                                            Cut Down on Household Expenses

                                            14. Printing

                                            Ink is one of the most expensive substances in the office and coloured ink is doubly so. B

                                            e more efficient and choose black and white, and if your printer doesn’t have a print-both-sides options, just print odd pages first, re-insert the paper and print even pages.

                                            Expand the margins of what you are printing as often as you can to save on paper.

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                                            15. Minimize SMS and phone calls

                                            A combination of a free chat service such as WhatsApp and a free call service such as Skype can reduce your bill to nothing (so long as you have a decent Wifi connection).

                                            16. Shop around for insurance

                                            Most people don’t spend enough time searching for the best insurance deal.

                                            Keep a watchful eye out for deals and new competitors in the market.

                                            17. Try re-negotiating your rent/mortgage

                                            If you have built up a good credit history or a good rapport with your landlord, then chances are a frank chat about needing to tighten your spending could result in lowering your payments. You’ve nothing to lose from trying.

                                            18. Don’t get a TV

                                            Invest in a computer/laptop and an internet-only package. You can watch more (and often better) entertainment on the web, and skip the advertisements as well.

                                            19. Pool your internet bill with a neighbour

                                            My apartment building is basically a big old house split into three apartments. There are five of us in total. We pool the internet bill, making it crazy cheap.

                                            Save Money in Socializing, Entertainment And Travel

                                            20. Have house parties

                                            Instead of paying for overpriced drinks, set up a series of in-house get-togethers with your friends. Everyone takes a turn, so it’s not always your house that needs cleaning.

                                            For sound insulation, hang heavy drapes on the walls and windows. For music, invest in a good second-hand set of speakers which you can connect to your computer. Let Spotify or Grooveshark playlists do the rest.

                                            21. Open festivals, meetups and events

                                            It never fails to surprise me how much underground stuff goes on around me for free or for very cheap. Find out who runs the blogs and websites that list all the less well-known cultural activities.

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                                            22. Volunteer

                                            If you can’t pay for a ticket, volunteer and get to be there anyway.

                                            23. Housesit

                                            There are multiple housesitting websites offering you the possibility to avoid paying hotels and skip the discomfort of crummy hostels.

                                            Save Money on Hygiene and Beauty

                                            24. DIY beauty

                                            French manicures, pedicures, waxing, eyebrows… pretty much all of these can be achieved at home (and done well) with some practise. There are plenty excellent blogs and YouTube tutorials to help.

                                            25. Fewer haircuts/volunteer at a trainee hairdresser

                                            If you can’t bear the risk of a trainee touching your locks, learn more ways to manipulate your hair as it grows and get haircuts sparingly. Women’s haircuts are outrageously priced in many cities.

                                            Bonus: Effective Money-Saving Tips for Everything

                                            Here’s a summary of what you can generally do to save more money:

                                            • Share/pool resources. Organize a neighbourhood sharing scheme, common resources for your apartment block or with your friends. Not everybody needs an individual lawnmower.
                                            • Buy energy-saving everything. The easiest way to lower your bills – replace those lightbulbs!
                                            • Buy in bulk. Be sensible about it (i.e. make sure you have space!), and drastically reduce weekly expenditure.
                                            • DIY. Skill up using YouTube tutorials on plumbing and many other essential services so you never have to pay for simple problems again.
                                            • Research a lot before making a decision. Most money-wasting is the result of poor preparation and planning. Don’t shirk this part just because you don’t like it!
                                            • Use your network. Your network is full of resources that can ease the pain of budgeting. Ask for help.
                                            • Stop and think. Do I really need it?

                                            Unfortunately, there are some things that require plain ol’ giving up for the time being. This can include high-cost sports such as skiing, the latest versions of some technologies, the finest brands of food/drinks, premier seats at the opera and most other indulgences.

                                            What is important to remember during lean times is that when you look back on your life, it will be the experiences that stand out, not the extra comforts.

                                            Living on a budget can teach you a lot about how much you can really get out of your paycheck. We only live one life, so make the most of every penny you earn!

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                                            Featured photo credit: Unsplash via unsplash.com

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