What Do Frugal Habits Save You?

On Friday, I was making baby food by running bananas through a blender and freezing them. It was feeling tedious and I started wondering, why not just buy pureed bananas and be done with it?
Then I calculated how much money I was saving by making the bananas instead of buying them. I came up with about $28.
(I paid $3.99 for 10 pounds of bananas. Removing the skin, let’s say that ended up being 9 pounds (144 ounces) of pureed banana for my son. That’s $.03 an ounce. If I buy the same standard baby food at $1.09 for 5 ounces of banana, that’s $.22 an ounce. For the same 144 ounces of baby food, I would pay $31.68. $31.68-$3.99=$27.69.)
That set me thinking: I have dozens of frugal habits that I do throughout the day. These are small things that are part of my daily life, like eating from my garden, using rags instead of paper towels, or using homemade cleaner and homemade hand soap. What do they end up saving me in a day?
So I made an informal tally throughout the day. Here’s what I came up with:

    * After making baby food, I had breakfast: two poached eggs and a piece of wheat bread. The eggs were free from my chickens, so I didn’t have to buy them. Approximate savings: $.75

    * At lunch, I fed my son homemade pureed broccoli and pureed mangoes (among other food), instead of purchasing two jars of baby food. Approximate savings: $2.20.

    * For my lunch, I had a salad that included arugula and strawberries from my garden, as well as smoked turkey and vinegar that I made myself. The only thing I bought was the turkey. Approximate savings: $2.
    * I filled another bottle with homemade liquid hand soap instead of buying liquid hand soap from the store. Approximate savings $3.
    * Throughout the day, I usually used rags instead of paper towels. Say I used 6 rags, that’s 6 paper towels. This is a little difficult to calculate, but let’s say, approximate savings: $.05.
    * Then I had some errands. Instead of driving downtown, I walked. Approximate savings in gas: $.23.
    * On the way, I stopped at a thrift store. I bought a new pair of sunglasses for $1.50 instead of buying new sunglasses at a department store. Approximate savings: $12.50.

    * I also bought a new colander for $1.50 instead of buying one at the store. (“New.”) Approximate savings: $8.50.
    * That night, I wanted to get pizza delivered, but I did not do it! Instead, I made it for $3. Approximate savings: $17.

    Total Savings: $46.23

In this list, I tried to include things I would have done regardless of whether they were frugal or not. I would have eaten food, cleaned, gone downtown, bought sunglasses, fed my son, etc. one way or another.
Of course, this is a sampling of a day. It’s not every day. I don’t buy sunglasses every day and I don’t always make pizza. Still, the point is, these frugal habits add up.

If I save $50 a day, that’s $18,250 that’s still sitting in my bank account at the end of the year.

That’s why frugality works.
You get used to it. You don’t even feel how you’re not spending money.
It’s your habit to do things that save. To get there, it’s just a matter of cultivating those habits.

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4 thoughts on “What Do Frugal Habits Save You?”

  1. So how do you figure savings on things like eggs, which you’re not buying but buy supplies for the chickens (and I suppose occasionally, chickens)? Or do you just think of it as money that didn’t go out of your wallet that day?
    It is fun and motivating to look at daily frugality. I think I’ll start a list.
    Thanks for blogging

  2. I LOVE being frugal! Making do with less, doing without, buying used instead of new, enjoying ‘free’ entertainment. The list is quite long…
    Would that more people would embrace this lifestyle.

  3. Pingback: Savvy Housekeeping » 8 Tips For Saving Money

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