Sometimes we all need a little motivation to stick with our frugal lifestyle. If you have days when you wake up and think…I don’t want to clip another coupon, or I just want to shop without having to find the best deal – you need a little frugal inspiration. I’ve put together some of my favorite frugal statistics, and I hope they’ll inspire you to save money.
Cut your spending by $11 a day and save $4000 a year! Hmmm…could I give up my $4 Starbucks everyday and my $7 lunch?
Buy store brands – this alone will cut your grocery bill by 25%. That’s right, if you hate clipping coupons, you can still drastically reduce your grocery bill.
According to the USDA, the average American family spends $10,000 a year on groceries. Resolve not be the average American family.
An hour spent couponing is worth an estimated $100 in savings. If you’re a stay at home mom, consider couponing your $100 per hour job.
The Purse String Study found that 96% of 23,300 respondents would still use coupons if they struck it rich in the lottery! Would you?
What’s the #1 category for coupons? Grocery followed by dining, clothing, cosmetics/beauty.
According to The Nielson Company, households earning over $100,000 annually are twice as likely to use coupons than families who make under $35,000.
Using a clothesline will cut your electric bill by about 6% according to the U.S. Department of Energy. If you can’t use a clothesline outdoors, a clothes drying rack is a great alternative.
According to the USA Today – 63% of workers spend $40 or less on lunch each week, 25% spend $41 or more and only 11% bring lunch. Brown bag it and save.
The average American family spends $400 per child on back-to-school shopping. If you focus on needs instead of wants, you can beat that statistic. Shopping sales, using coupons and using discounted gift cards will also put a nice dent in that $400. Buy Discounted Gift Cards For Up To 30% Off at Cardpool.com!.
According to Cari Cucksey of HGTV’s Cash & Cari, the average family has several thousand dollars worth of unwanted stuff lying around. Garage sale anyone?
Speaking of unwanted stuff, we also have $300 in unwanted gift cards. Is that gift card gathering dust in your drawer? Sell Your Gift Cards For Cash at Cardpool.com!
Consider these statistics your friendly frugal living reminder for the day. Now go forth and save.
Image courtesy of dan, FreeDigitalPhotos.net
In full disclosure, this post contains affiliate links to help support The Budget Diet girl! My advice will always be unbiased and free, but free won’t pay the bills! Thanks!