“There’s not a lot you can do about the national economy but there is a lot you can do about your personal economy.”

– Zig Ziglar

 

 

What Is Living On A Shoestring?Shoestring Bow

 

  “Living On A Shoestring” is all about taking the money that you have and S-t-r-e-t-c-h-i-n-g it as far as it will go!

 

It’s about living smarter, being frugal and getting a handle on your finances in order to establish a solid foundation for your future. Living on a shoestring teaches you to be creative and resourceful by

  • using coupons and/or rebates
  • bargain shopping and catching sales
  • shopping thrift stores, yard sales, clearance racks
  • and bartering with others

until you find what you want at a price that makes sense.

 

Frugal living doesn’t mean buying the cheapest product out there only to have it fall apart the next week, it’s about spending smarter and wiser; choosing not to spend money on things that aren’t important or won’t last.

 

One of the essentials of living cheaply is learning how to get the best deal on everything you buy while buying quality products, saving you money over time.  To get the quality you want you may need to put off a purchase until you can save a little more money, take time to do some comparison shopping or wait for a great sale.

 

Frugal Adventures On A Shoestring BudgetLiving On A Shoestring Budget

When you adopt a shoestring budget and take control of your spending a world of possibilities is revealed, you’ll learn to embrace your creativity as you’re caught up in an exciting frugal adventure.

 

Living on a shoestring budget becomes a challenge to see how much you can achieve, it’s constantly educating yourself and increasing your awareness of new opportunities to save and get ahead. It’s about learning to do more things for yourself or finding creative ways to use what you already have and making due. Every day presents new opportunities to reuse, re-purpose and create.

 

As you explore living on a shoestring, you’ll gain experience using coupons and rebates in combination with sales to get the best price on your groceries. You’ll know when to shop and when to hold off, waiting for a better sale. You’ll buy extra and stockpile your pantry when you find items at an unbeatable price.

 

No one can deny the thrill of your first major find at a yard sale or thrift store, having money left over at the end of the month to put towards that new car, or finally being able to afford the life you’ve always wanted simply because you chose to live smarter.

 

Life Is Better When You Learn How To Budget

The budget wasn’t invented to make you feel trapped and imprisoned.  Its purpose is not to make you feel bad.  It’s meant to be a planning tool, and it’s yours.  A budget puts you in the driver’s seat so you don’t have to wonder where all your money went at the end of the month.  It’s there to help.  Use it.

 

It doesn’t matter if you live paycheck to paycheck or are a person earning six-figures life is better when you learn how to live on a budget.  A budget will let you know how much money there is to work with, where your money really goes and the most beneficial way to allocate your money.  Budgeting lies at the foundation of every successful plan.  With consistent use it will set you on the road to financial security.

 

 

Living On A Shoestring BudgetDefinition Of Shoestring Budget

The origins of “shoestring budget” and “living on a shoestring” remain heavily debated but everyone can agree that shoestrings are generally inexpensive. 

 

A Shoestring Budget suggests “money is tight” and there’s nothing left over for frivolous spending.  Every dollar is designated to a specific necessity or expense.  Doing anything on a shoestring means resources are limited with a need to spend wisely and carefully. Shoestring budgets are often used for weddings, travel, business and lifestyles.  Getting value for the money is a mainstay of shoestring budgets.

 

Are you ready to make the leap and start living smarter? Let’s begin with how to make a budget, a budget that works.