Is being frugal one of your new years resolutions?

For money, my new years resolutions go with using a budgeting system. I have one on the computer. It is going to help me because then I can spend my money wiser. I can achieve the goals I want. I also want to decorate the house, and budgeting will help.

I think that's an excellent resolution, happythoughts :)) I tend to be really frugal by nature, I think LOL I don't buy things I can't pay for in cash... even with my holiday shopping, I order online but I transfer the funds to my credit card right away... so I don't have big bills in January. With the way the economy is going, I think you are VERY smart to be rolling back your spending as much as you can. I wish you much success with that! I'm sure it will be of great comfort to you to watch your savings grow!!

I want to pay off the debt completely this year, so I am going to be super frugal. I am going to use points from swagbucks, airmiles, and mypoints to get gift cards for gifts for people. I am going to cut coupons, avoid spending money, and work hard. It will be a good year financially for us.

Well, there's nothing wrong with being frugal if it means that you are able to put some money aside in the new year. I would love to do this myself but unfortunately I got myself into debt quite a few years back and now I'm suffering the consequences of that, I'm paying off my debt slowly but I won't be able to start saving money until I become debt free. As a result of my debt though I think that something good has come out of the process and that is that I regularly budget my money now and I have a budget sheet listing all my finances and expenses. A budget sheet is a great idea and I would highly recommend you use one if you don't at the present time. Have a nice Christmas and good luck with your new year's resolutions. Andrew

I am forced to be frugal because I do not earn much anyway. So I guess what I would put on my New Year's resolution is to just be happy with whatever have since my year had been marred with so much dissatisfaction and discontentment. To make a difference next year, I won't be prasying or asking for more money, I would like to see a change of attitude. Optimism!

Most definately! In fact we started small about 3 months ago. cutting back on our extra spending and we tighten the belt a bit each month. I think this has made adjustment easier on the fam. Started couponing this month. I'm amazed at the money I have been able to save in 2 weeks.

We are going to continue to be frugal. We don't have money to put in savings. I wish we did.

You know whenever I moved out I was pretty frugal. I barely spent much money. I always used coupons to go shopping with that kind of thing. Now since I am working a better paying job that is full time and what not, I feel like I've lost the drive to be frugal, that or I'm just far too busy to worry about clipping coupons all the time or hitting up the best sales. I would like to work harder on being more frugal. I do my best now but I think I could stand to do a bit better!

great! i too plan to be more frugal and spend only on the absolute necessities and cut down on the absolute extravagances.i would like to put the money for some good use.

It is a definite goal for the next year to be a bit tighter with money and save. This year has been rough since getting married earlier this year and I am learning all the dynamics that come with it and how to deal with money lol. I have been working as temp the last two years so I am still trying to supplement the income while hoping to get something full-time. My husband has been an office manager at the company he works. There has been money issues at his company which made me think of ways to keep money around in the event he doesn't get a full paycheck or something. I have done some cutting back when it comes to groceries like actually planning out weekly lunch and dinner meals so I don't go overboard at the store. I have been trying to pay off my credit cards and that is the second goal to wipe at least one totally out and get the other cut by half before the year is up. I will hoping be checking out thrift stores more often and keep my shopping limited to essentials and once a while a want. Make sure bills and rent is paid on time. I kinda got a virtual piggy bank going on in my paypal account lol. I been doing surveys with pinecone and looking at other places to put change in there. It will serve as the growing emergency fund. I been collecting change in putting in my physical bank and I think it is over $30. I am trying be like my little sister who will be 22 this year, she accumulated so much change over the years that she came up with a little over $200. So been researching ways to keep us floating and hope that when 2010 comes, it is more kind to us than how 2009 has been lol. Happy mylotting!

WOW!!! What an excellent idea. DH and I have always been able to spend without worrying about money but since we retired and our income is fixed, I've been trying to make cutbacks. I started last month by tracking our spending. Can you believe that we were spending $900 a month eating out? We'll always eat out but I want to cut that number down by 2/3rds. I'm going to spend next week looking for ways to cut expenses. Another shock was to see that we were spending $140 per month on phone bills. We have a landline, an internet dedicated line and two cell phones. I don't think that we need the landline at all and in terms of the cell phones, we have tons of unused minutes so I know that I can save some money there as well. Good luck.

It is definitely one of mine. I need to really watch my budget in 2010.

For my personal purposes, I am not going to call it a New Year's resolution, but I will instead choose to call it a life resolution. My husband and I started on this in September of this year and we hope to be able to continue on this life resolution for the rest of our days. We looked at our spending habits and have now cut out the greatest majority of our unneccessary spending. It is really nice for us to now be living a lifestyle where we don't spend money that we don't already have in our possession. Good luck to you on your New Year's resolution.

You bet! I prefer to do that next year ..... time to save more and earn more just for myself but for my family. Being frugal is not being cheap in the first place. Just buy what you need and spend what you have for the right occasion. I just love to have a couple of pennies on my wallet .... call me a cheapskate but at least I'm saving. :)

I think I am frugal always. I try not to spend more than usual unless there is an occasional indulgence. Our utility bills are down these days. We have cut down the air-con use and the same will continue on to next year. So more savings.

Yes, I am resolving to be frugal next year. I think that this year I should be able to get out of debt. We are more motivated to get out of debt this year, and we will make slightly more than we did last year while our bills will be about the same. I am going to try to cut down as much as possible on our expenses.

oh most definitely! i love trying to save money whereever i can these days. i hope to get all my Christmas shopping done using sales and whatnot well before Christmas next year. not only that, i hope to eat cheaply and shop a lot at thrift stores!

Hi there happythoughts! I have always been a frugal person. Thanks to my parents who taught me to live a frugal life. Well, being frugal is NOT really one of my new year's resolutions for 2010 because it is already one thing I do. But, I would definitely continue to live a frugal life. Good luck to your new year's resolution!

one of my goals for 2010 is to make my savings account fatter.I would like to open a passbook bank account.this is my primary savings account.it helps that passbook isn't easily accessible.my ATM savings account is both my savings and emergency fund.it is comforting to know that when something happens like losing your job,you have money to cover for it.

I am definitely aiming to have a savings account going without having it foreclosed ever so often. Since I earn more, I tend to spend more of my money to the point where I do not get to save any funds for myself or for a rainy day. This coming 2010, I really wish that I would get to spend every penny so that at the end of the year I have money to say that it's hard earned cash I have here. But yes, I being frugal is one of my new year's resolution and hopefully I follow thru with this one.