“How can Indian male teens live frugally?”- Are you thinking to walk on the path of frugality? Well, I can say that the path of frugality is like a magic path. Yes, one can create financial magic by walking on the path of frugality.
I personally feel that money is also a part of success. One can’t say that he or she is successful unless one is having financial freedom. And I feel that frugality is the first step towards financial freedom. As an Indian male teen, if you adapt frugality in your life, you will grow financially in life.
I was also a teenager just a few years ago. And I have been learning frugality from my pre-teens. For me, frugal living is not boring or difficult. Well I say- frugal living is also an interesting skill. The early you start you explore this skill the early you start to create financial magic.
How can Indian male teens live frugally?- Kickass strategy
As per my observation, Indian male teens never think much about personal finance or saving money. And even in schools and colleges, nobody talks about this topic. Our academic subjects does not include any practical subject which is related to money.
So, as an Indian male teen, if you are thinking about how can Indian male teens live frugally then you are on the right path. Every Indian male teen does not get this type of thoughts. So I can say that you are sensible enough to think about frugality in this early stage.
Know how to be the best frugal male teen in India
As I’m an Indian girl. I have an idea of which type of money related issues do Indian teens face in life. And I can say that Indian male teens are not much aware of money matters. And they don’t have any proper financial plans during teenage.
As a teen boy right now you may be thinking it’s very early to think about money matters. And you have parents to fulfil all your financial needs, right? But you must understand that teenage is the right phase to learn about money matters and frugality. As an Indian male teen, if you learn to handle your money well in teenage, you will excel at money handling.
Do you know if as a teenage Indian boy you start to live frugally, in future you will be more strong financially and independent as a young man. Many Indian male teens ignore handling finance, but you will be leading your life well. So now take simple steps as a teen boy to achieve big financial goals and to be independent young Indian man.
9 Creative Ideas to be thrifty as an Indian male teen
Many people think that frugal living is not their cup of tea. But in reality, frugal living is an interesting and creative art. If you understand frugal living deeply, you will fall in love with frugal living. You will start to implement new frugal ideas and enjoy your life without spending big bucks.
Let me elaborate on some frugal living ideas which will help you to adapt frugality in your life easily.
|1. Compete with your brothers and sisters in your teenage to save money
|2. Learn to earn money as an Indian male teen
|3. Play interesting games without spending more money
|4. As a teen boy take your financial decisions by your own
|5. On weekends invite your friends to your home and enjoy without spending more
|6. As an Indian male teen be more creative and smart with your money
|7. Make quick money by selling your old books
|8. Observe your friends buying behaviour and learn from them to handle money
|9. Don’t browse the internet frequently
1. Compete with your brothers and sisters in your teenage to save money
Competition with siblings?!! Confused? Well, here I’m talking about healthy competition between siblings which will help you in your financial growth as a teen. Let me give you an idea here- you and your siblings can have separate piggy banks at home. Then save money whenever you get pocket money. This is like a saving competition. And at the end of the month add deposit your in your bank account.
This is a very simple and practical way to adapt frugality in your life as an Indian male teen. Here you and your siblings will learn to be resourceful by this healthy competition. So learn frugality in a fun way instead of thinking it as boring or difficult. I’m the only child to my parents so I did not get this opportunity to enjoy this type of being frugal competitions. But I was having a healthy competition with my friends when it comes to frugal living. Even I adapted frugal living in my life as an interesting game and as a challenge. So I suggest you to explore frugal living in a fun way and grow financially.
2. Learn to earn money as an Indian male teen
You maybe wonder how can Indian male teen think about earning money. I can understand that in India during teenage we focus only on education. But in foreign countries even most of the teenagers are financially independent. So one must be practical in life.
I’m not saying that your education and studies are not important. But along with your studies if you figure out ideas to make money then you will stand out in your friend circle. Imagine that you are the only teen boy who is making money and also completing education in your whole class. Isn’t it sounds exciting? Well, there are many simple and easy ways to make money as an Indian male teen. Earning money and saving money both are part of frugality.
In my school days, I’ve seen my friend who was earning money by tuition classes. She used to teach primary kids to her neighbour kids. She used to charge INR 50 per month (per kid). So if you are interested in teaching then you can take tuition classes and make money as an Indian male teen. There are also other ideas like teaching dance or music to kids or even you can start your small business-like selling your drawings or paintings or creating any craft etc.
3. Play interesting games without spending more money
Do you know how I enjoyed my teenage as an Indian girl? Well, I have realised the importance of money and being resourceful at a very early stage of my life. In my teenage, I did not spend money on smartphones or any costly games. I was enjoying my life without spending more money.
Instead of spending money on entertainment, party and pubs I used to play indoor games. I used to play chess and the colour cube was my favourite thing. Even today I like playing chess and the colour cube. This type of games will sharpen your brain. So there are 2 benefits of these indoor games. This will sharpen your mind and also you will learn to live frugally by not spending money on entertainment. This is how you must learn how can Indian male teens live frugally.
4. As a teen boy take your financial decisions by your own
Whenever you get pocket money you have the right on your money. So at this time, you must use your money very well. You should make the right financial decisions as a male teen. I can understand that you may be getting very less pocket money as an Indian male teen. But remember that you can always adapt frugality and save some part of pocket money.
Male teens easily get distracted towards new clothes, accessories and much more. So at this time instead of spending money learn to handle your money well. This is the best time to learn a frugal living. So in your teenage take it as a challenge and be frugal teen by avoiding spending money on unnecessary things.
5. On weekends invite your friends to your home and enjoy without spending more
Teenage boys start to spend more money on eating outside food. If you hang out with your friends and have outside food rarely then that’s good. But if you frequently spend money on outside food then it’s time to think about frugal living. During teenage, I used to invite my friends to my home on weekends. And sometimes I used to go to their home. We were having yummy food at home only instead of spending money on outside food.
You know when you invite your friends to your home and host them it creates more bonding. And also you are not wasting your money here. You can also take help of your siblings and family members to prepare yummy food. So I think you should invite your friends for lunch at your home and have yummy food at your own home. Like this, there are many ways to save money on food which I implemented in my teenage.
6. As an Indian male teen be more creative and smart with your money
To live frugally one must implement many new ideas in life. So always innovate and be more creative to explore frugality. Do you know frugal living boost your creative mind and help to sharpen your mind. For example, if you want to save money on your new dress as a male teen then you constantly try to figure out ways to buy a good dress at a low price. You will search for coupon codes, discounts, freebies etc. So all this makes you smart day-by-day. As an Indian teen boy, you will learn to make smart moves with your money.
7. Make quick money by selling your old books
Many times I sold my old books and made some money. There are some shops which accept old books. And also there are people who look for old and low priced books. So in your teenage, you can also sell your books. Find out shops in your city which accepts old books. Even you can sell your books to your juniors who need them. You may think that you will make very less money from this. But remember every single penny counts. Every year if you sell your old books then you can make some good money from this. All this will help you to learn frugality.
8. Observe your friends buying behaviour and learn from them to handle money
I’ve learnt so many money-related matters from my friends. Some of my friends are not that much good at handling their money but I’ve learnt something from them also. Do you know what’s that? Well, one of my friends often go shopping. She gets distracted by new trends and even due to peer pressure she buys unnecessary things. And after that, she always regrets about her spending habit. So here, I’ve learnt that I should not opt for impulse buying as she does.
So I advise you to observe the buying behaviour of your friends and even learn from your friends’ mistakes. And also try to stay in a good friend circle. Have at least one friend who encourages you to save money and grow financially. Talk to your friends about money matters and frugality. You all can learn frugal tips from each other. All these are very simple and practical ways which will help you to be thrifty in life as a male teen.
9. Don’t browse the internet frequently
Do you have any idea about digital marketing? Well, digital marketing nowadays mostly target teenagers. Have you ever observed your online buying behaviours? I’m sure whenever you browse online stores you see action buttons like “buy now” or some catchy line like “limited time offer”. All this is a part of marketing. You must be smart and sensible to avoid getting trapped into this. Otherwise, you will spend more money on unnecessary things. Don’t take immediate actions and don’t order online immediately. First, understand your needs. Think twice before clicking the “buy” icon. All these simple steps are part of frugal living.
It’s time to take charge as an Indian male teen. Trust me, you have the potential to manage your money well. Stay with this question – how can Indian male teens live frugally? And take simple frugal steps from now to walk on the path of frugality.