Monthly Archives: March 2015

How To Make Money In Real Estate

Okay Frugal Men and Women here is a guide which will help you learn “How To Make Good Money in Real Estate.” It will help you get started building a real estate portfolio that can make you a lot of money and also good income over time. After you finish this article you will know “How To Make Money In Real Estate.”

How to make money in real estate

First Things First

Pick Your Niche

Foreclosures, probate, commercial properties, tax liens, raw land, single family homes etc.

Decide what your target market will be. Specialize in one area of real estate. If you want to be a successful real estate investor and make money it is best to focus, focus, focus.

When To Buy

Real estate is cyclical and cycles have some degree of predictability.

Prices tend to overshoot on the upside and downside. Real estate tend to get way overvalued and way undervalued. Usually real estate cycles last for years.

Take advantage of this. After a long downtrend look for signs that prices are starting to turn up. This is a good time to start accumulating properties.

I am going to give you the single most important secret for making money in real estate over the long term. If you are young two or three times in your life real estate is going to crash and get way undervalued. When properties are selling for way less than replacement value you can safely buy properties and be almost guaranteed to make money over the next two to ten years.

As an example many years ago when I lived in Colorado there was a very bad period when both the high-tech market and the oil market collapsed. This caused a depression in Colorado real estate values. I purchased a condo on a bank foreclosure. Things were so bad that banks just wanted to get all real estate off their books as fast as possible.

I bought the condominium for about 60% of replacement value. In other words I bought the condo for 40% less than it would have cost to build new at that time. The condo was only five years old. Seven years later I sold the condo for a 500% profit when the market was flying.

More recently when the Florida real estate market collapsed I bought a condo for $75,000 that had sold for $220,000 five years before. There were foreclosures and short sales everywhere at the time. The market has since strengthened and the condo is already worth around $140,000 not to mention the monthly income I get from renting it.

If you get nothing else from this article remember to buy real estate after it has collapsed and is selling for way less than replacement value. When you see lots of foreclosures, short sales and people walking away from their houses it is time to buy.

Of course these opportunities only come along two or three times in your life. Normally you will be dealing with a market that is either moving up slowly or moving down slowly. You need to assess the market and decide what is a wise investment

One thing I would like to really emphasize is as you build your real estate portfolio do not leverage yourself to the hilt. If you do and there is a downturn in the market you can be wiped out pretty fast.

How to make good money in real estate

Have A Plan

Decide what your long term real estate goals are. Are you looking for income or are you looking for capital gains over a long period of time.

Be tenacious and consistent. Real estate is not a get rich quick scheme but can make you very rich over time. You’ve got to follow your plan and stick with it.

You need to be able to analyze properties quickly. This comes from experience and also having a system. The internet makes this all very simple.

I remember in the old days I had a realtor friend who would lend me his Multiple Listing Book so I could study the properties that were on the market at any given time. Today you can find all the information that you need on the internet with a couple of mouse clicks.

It is an information and numbers game. What is the market like? What is the neighborhood like? What is the property worth? What does the property need for repairs? If you are going to keep the property what can you rent it for? What price can you get the property for so it makes economic sense? It all comes down to numbers.

You need to become a very good negotiator. Becoming a skilled problem solver will help you get properties that others don’t. Be ready to wheel and deal and for me that’s where the fun is.


How To Find Motivated Sellers

There are many ways to find motivated sellers. One of the best is simple word of mouth. Tell your realtor and everyone else you know that you are looking for good deals on properties.

Many years ago just as the Colorado real estate market was starting to perk up after being slaughtered a friend of mine sent out 20,000 postcards to different neighborhoods in Denver.

The postcards said she was interested in buying a property in the neighborhood. She received a number of responses and ended up buying a few properties at way under market value.

Keep your eye on short sales. Short sales are properties where the owners are delinquent on their payments but have not gone into foreclosure. The property owner and the banks are usually motivated to make a deal. The condo that I bought in Florida was a short sale.

After you have a located a motivated seller you need to make an offer that is good for you but is also good for the seller. Ask yourself what is motivating the seller and then make an offer that resolves their problem as soon as possible.

The property owner is probably in a tight spot of some kind and you can save them from public embarrassment.

If you are new to buying real estate go by a few of the highly recommended books on Amazon and get educated in the different techniques and strategies for buying real estate.


Here are a few tips

Pick a growing area or just outside a growing area where the growth is going to spread.

Learn everything you can about the market where you are looking. You have to know the area very well so that when you are see a bargain you know it.

Always make any offer contingent on an inspection. You will already have found a licensed inspector who can check out the property. If you find a major problem you want the ability to walk away from the deal. If you find a number of minor problem you might use it as a leverage to try to get this seller to lower the price a little.

Make money in real estate


How To Make Money In Real Estate

Simple appreciation of the property is the easiest way to make money in real estate. You buy a good property, at a good price in a rising market. You just hold and wait. To really get the most appreciation in value, however, you should buy in an area where demand is growing faster than the supply.

Some people buy properties clean them up and then resell them. They create value in this way.

They repair everything and make cosmetic changes. They look creatively and carefully to find improvements to make. They concentrate on improvements that increase the value of the property.

You can also walk into equity in the property the first day you buy it if you pay less than market value. In other words if you buy a house that’s worth $100,000 for $90,000 you will have $10,000 in equity on day one.

People sell properties under market for a number of reasons including, fast closing, cash offer, and short sale etc. They may have lost their job or been suddenly transferred. They may be getting divorced or been living beyond their means just to name a few.

What about income? You want to buy income property in the right place, at the right time, in an area where it is easy to rent. If you do this right your renters will be paying all of your costs and what’s left over will be yours.

Want to make a million dollars in Real Estate. Over a period of time buy $1,000,000 in income producing properties and let your tenants slowly pay off your mortgages. OK it not quite that simple but its also not that complicated if you educate yourself and are conservative.Make good money in real estate


When To Sell

If you are a long-term investor and willing to ride out the bad times then you can hold your real estate forever. If not then try to time your purchases after a long downturn and sell when everyone is excited about properties.

When your friends and neighbors who have not been involved in real estate tell you they are looking to buy properties because real estate only goes up in value it is time to sell.

When you start seeing get rich in real estate seminars and commercials all the time you know you’re getting close to the top of the market for the current cycle.

When people are speculating on new construction by putting little money down it might be a good time to sell your property’s.


What To Do Before You Sell

Paint and then the paint some more. This is the least expensive way to make your property as presentable as possible. Use paint that is light and cheery.

Light it up. Open the blinds and let as much light in as possible. Dark places don’t show well and they don’t sell well.

Make sure everything is working even the little things.

Clean as a whistle. Make sure every square inch is clean. If there are any funny smells be sure you deodorize and spray.How to make good money


Tools You Need To Make Good Money In Real Estate

The first thing you need is an experienced realtor that knows the area where you are looking for properties.

Next you need to figure out what a property is worth.
Realtors, appraisers, and banks determine what a property is worth by looking at comparable sales or comps. They check out sales of similar properties that have recently sold in the same neighborhood.

You must be able to do the same. Either your realtor can do this for you or you can go online and do your own research. Compare properties based on square footage, bedrooms, bathrooms amenities etc.


Okay so I have given you a basic knowledge of how to make money in real estate highlighting the main points you need to know in order to build a real estate portfolio.

Please talk to people in your area and read a few books for more detail.

If I was a young man or young woman today I would concentrate on building a stable safe real estate portfolio. This is a great way to build your assets, your income, and it is not hard to do. If you want to be your own boss like most frugal men and women then this is one of the avenues you can take.

If you liked this article please like it, tweet it, share it, and pin it. If you would like to receive my articles automatically in your e-mail please sign up at my website.

Scott  The Frugal Man

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How To Save Money On Amazon

I bet you thought you knew a lot about Amazon. Here are some tips for saving money that you probably do not know. After reading this article you will be able to say that you know  “How To Save Money On Amazon.”

1. Subscribe and Save

Sign up on Amazon and save up to 15% on items that you buy all the time and receive free shipping also. There are thousands of products to choose from.
You can cancel your regular shipments at any time. Click to go to Subscribe and Save.


2. Amazon Warehouse Deals

This is where you will find open box and used items at deep discounts. These are items that Amazon cannot sell as new. They may have been returned or the box may have been damaged in the warehouse or in shipping. Amazon also sells refurbished items here.

They look at their inventory and items they can’t sell as new go into their Amazon Warehouse Deals area. Amazon does check the products to make sure they are in working order before listing them as a warehouse deal. Click to go to Amazon Warehouse Deals.


 3. Amazon Outlet Store

Amazon also has an area called Outlet where they sell new items with 30-60% discounts. Click to go to Outlet.


4. Use Two Browser

Sign into your Amazon account and check prices on the items that you want. Now go to another browser and go to Amazon without signing in. Check the same items and sometimes you’ll find a lower price because Amazon sometimes offers lower prices to new customers.
Since you did not sign in on this browser Amazon believe you are new customer. Once you have the items in your cart you can sign in and buy them.


5. Put In Cart But Don’t Buy

If you are not in a hurry to get your merchandise put it in your shopping cart at Amazon but do not complete the purchase. Wait several days and you may receive any mail from Amazon reminding you to complete your order and offering you a discount.


6. Amazon Coupons

Coupons for different products right on the Amazon site. Click here to go to Amazon Coupons.


7. Amazon Prime

Sign up for Amazon Prime for $99.00 a year and get free two day shipping all year. Your membership also includes 500,000 books free to download to your Kindle. Prime also has 40,000 movies and TV episodes that you can watch.
Here is something a lot of people don’t know. You can share the two-day shipping between four people. The people need to be part of your “family.” Click here to go to Amazon Prime.


 8. Today’s Deals On Amazon

Punch in “today’s deals on _______” (electronics, cell phones, shoes etc.) in the search box on Amazon and 1,000s of special deals will pop up. Click here to go to Today’s Deals.


9. Amazon Student

If you are a student you can sign up for Amazon Prime for $49.00 a year and the first six months is free. Special deals and promotions are offered specifically for members of Amazon Student. Click here to go to Amazon Student.Saving money on amazon

10. Amazon Mom

Moms get discounts on baby items like diapers. The membership cost $99.00 or free if you are an Amazon Prime member. Click here to go to Amazon Mom.

Saving money with amazon

11. Price Drop Refund

If you buy an item sold by Amazon and within seven days of purchase the price goes down you can get a refund for the price difference.

How to save money

12. Amazon Gold Box Deals

These are deals at Amazon has running all the time but the products change frequently. Specials like, Deal of the Day, Lightning Deals, and Best Deals abound. Click here to go to Gold Box Deals.


Congratulation Frugal Men and Woman you now know more about How To Save Money on Amazon than 95% of Amazon users.

If you enjoyed this post please Like It, Share It, and Pin It.      Scott  The Frugal Man

Here are a couple other posts that might interest you.

Best Way To Start Your Own Website

Bad Vitamin Supplements – Shocking Report

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The Best Speech Recognition Software

Speech recognition SoftwareAs a fellow Frugal Man you know we are concerned about price but it is not are only concern. We are also interested in quality and products that will improve are quality of life.

Speech Recognition Software is one of those products. In this article I will discuss The Best Speech Recognition Software.

The best speech recognition software

Talk and Type

Mоѕt оf uѕ аrе used tо just shouting аt our соmрutеrѕ when thеу mіѕbеhаvе. We wіѕh thаt thеrе was аn аxе included аѕ ѕtаndаrd еԛuірmеnt аlоng wіth our kеуbоаrd and mоuѕе.

Why don’t you say ѕоmеthіng nice tо уоur computer? Imagine if уоur computer actually lіѕtеnеd to уоu аnd did whаt уоu tоld it tо do? If уоu hаvе nоt heard аbоut іt – it’s called ѕреесh recognition software and I use it every day.

You should know up front that I wrote this entire article and every article on my website using speech recognition software. I cannot type so when I first discovered dragon speech recognition software about 15 years ago it opened up a whole new world to me.

Besides for using it to write articles on my website I also wrote two books over the last several years using my speech recognition software. I would never have written the books if speech recognition software was not available

By the way before we go on I will demonstrate some shameless self promotion by giving you the opportunity to go see and buy my two books. They are both true travel adventure stories.


1) CIRCLING THE GLOBE: Traveling Planet Earth FOR A YEAR (CLICK)  


2) Colorado to Alaska A Hitchhiking Journey (CLICK) 


OK Back to Speech Recognition Software

If you’ve never ѕееn ѕреесh rесоgnіtіоn dеmоnѕtrаtеd by ѕоmеone whо іѕ trаіnеd to uѕе it, уоu’rе in fоr a big ѕurрrіѕе. You ѕреаk іntо a microphone in frоnt of your computer аnd you ѕее thе wоrdѕ рор uр оn thе ѕсrееn in rеаl time.

Yоu might be tеmрtеd to lооk around fоr ѕоmеоnе ореrаtіng a kеуbоаrd аrоund thе corner.

It is amazing to watch and tо uѕе. Yоu can speak at yоur nоrmаl speaking ѕрееd of about 120 words реr minute. Your computer “guеѕѕеѕ” using mаthеmаtісаl аlgоrіthmѕ whаt wоrd уоu mеаn іn thаt соntеxt frоm whаt it knоwѕ аbоut thе englіѕh lаnguаgе.

People have been using speech recognition software for around 20 years and it keeps getting better and more accurate. As the software gets used to how you speak its accuracy gets better. You can also train it by correcting words that it gets wrong.

It is like a Stаr Trеk episode when уоu see a реrѕоn ѕреаk, аnd a computer рrоgrаm  listens, іntеrрrеts and types thе correct wоrdѕ.

Onе оf our favorite sentences to dеmоnѕtrаtе this іѕ “Mr. Wrіght will write you a letter right now.” The ѕреесh software guеѕѕеѕ bаѕеd on соntеxt which “write” іѕ thе rіght оnе fоr thаt place.

Hоmоnуmѕ are trісkу for any оf us. Yоu саn аlѕо ѕау, “I wоuld lіkе my nеxt раусhесk tо bе twо-thоuѕаnd, оnе hundrеd and ѕіxtу-twо dollars and eight cents.” The соmрutеr wіll wrіtе $2,162.08 on thе ѕсrееn.

The ѕаmе іѕ truе for dаtеѕ and tіmеѕ. We ѕау іt аѕ we normally would аnd the ѕоftwаrе formats іt fоr uѕ. Whеn thе ѕоftwаrе mаkеѕ a mistake – уоu соrrесt it and it lеаrnѕ. It bесоmеѕ mоrе ассurаtе аѕ уоu соntіnuе tо uѕе іt.

Best speech recognition software

History of Speech Recognition Software

Sреесh rесоgnіtіоn software fоr реrѕоnаl соmрutеrѕ hаѕ bееn around аnd іmрrоvіng for a long time. In the beginning рrоduсtѕ with names like Kurzwіеl, Lernout & Hauspie, Kolvox, and Philips crowded the space. Nuance’s Dragon Nаturаllу Sреаkіng and Mісrоѕоft’ѕ Speech Recognition dominate the speech market today.

Sреесh began with what was саllеd “discrete ѕреесh” whеrе уоu hаd tо раuѕе between each wоrd or рhrаѕе. “Today…is…a…nice…day…to…play…golf…period” It wаѕ ѕlоw аt 40 wоrdѕ реr minute but ѕtіll аn amazing brеаk thrоugh. In the late 1990ѕ wе fіnаllу hаd “соntіnuоuѕ speech” whеrе wе соuld ѕреаk at оur nоrmаl ѕреаkіng ѕрееd. 

Dragon Naturally SpeakingBack To The Future

For people who used to use tуреwrіtеrѕ wіth whiteout or еrаѕеr rіbbоnѕ speech recognition would have been a dream. All thоѕе 25 раgе рареrѕ I hаd tо do аt соllеgе would not hаvе ѕееmеd so dаuntіng, іf I wоuld hаvе hаd ѕреесh ѕоftwаrе bасk thеn. Especially if you type with one of finger like I do.

Funny thing is even though speech recognition software has been around for a long time very few people seem to be aware of it. I hаd аn іntеrеѕtіng dіѕсuѕѕіоn wіth а college professor who wаtсhеd a dеmоnѕtrаtіоn оf ѕреесh software.

Lіkе the саlсulаtоr has bееn to mathematics, thіѕ professor wаѕ ѕurе that ѕреесh rесоgnіtіоn wоuld ruіn the wrіttеn lаnguаgе. Maybe. Or perhaps it is just a return tо a mоrе ancient оrаl trаdіtіоn.

Surprisingly, іt wаѕ Stаr Trеk thаt nаіlеd how speech rесоgnіtіоn would become natural. As someone whо uѕеѕ speech, it is still surprising tо ѕее hоw many futurіѕtіс commercials аnd movies ѕtіll have people typing.

Sреесh аѕ thе mоrе natural interface mаkеѕ ѕеnѕе – wе speak before wе саn lеаrn tо tуре.

Who is Using Speech Recognition Today

Of the many types оf users оf ѕреесh rесоgnіtіоn today – mоѕt аrе іn the words buѕіnеѕѕ. Thеу are реорlе whо use еxtеnѕіvе numbеrѕ оf words іn their profession.

So іt іѕ lаwуеrѕ, рhуѕісіаnѕ, judgеѕ, writers, аnd еduсаtоrѕ whо tend to bе  today’s users. Most of thеm wеrе already uѕеd tо dісtаtіоn so thе іdеа of ѕреаkіng thеіr thoughts wаѕ already соmfоrtаblе.

Exесutіvеѕ whо wаnt tо bе able tо соntrоl thеіr реrѕоnаl еmаіl dictation are also using speech.

Pеорlе wіth dіѕаbіlіtіеѕ thаt have limited ability tо use thе соmрutеr keyboard оr mouse hаvе also fоund ѕреесh as thеіr way tо surf thе web, play gаmеѕ, ѕеnd еmаіl, or dо thеіr wоrk. It іѕ lіbеrаtіng.

Another benefit of using speech recognition software is not developing саrраl tunnеl ѕуndrоmе оr rереtіtіvе ѕtrаіn іnjurіеѕ (RSI) аѕѕосіаtеd wіth typing.

It іѕ еѕtіmаtеd thаt these problems currently cost the economy  hundrеdѕ оf mіllіоnѕ оf dollars a уеаr. It is dіffісult to саlсulаtе ѕіnсе thе reporting оf thеѕе соndіtіоnѕ аnd the dіаgnоѕіѕ іѕ still not good.

Thе repeated keystrokes over years of tуріng are showing uр wіth the сlаѕѕіс ѕуmрtоmѕ оf tіnglіng аnd burnіng іn the fіngеrѕ, hands, аnd wrіѕtѕ.  RSIs саn аlѕо be аѕѕосіаtеd wіth headaches, mіgrаіnеѕ аnd a number of other раіn соndіtіоnѕ.

Sреесh recognition оffеrѕ an аltеrnаtіvе tо аll thаt typing. Wіth thе аgіng boomers and Gen-Xers who hаvе RSI and Carpal Tunnеl injuries оvеr уеаrѕ of typing and playing – ѕреесh wіll be the only gаmе іn tоwn.

Speech RecognitionSpeech Recognition Keeps Growing

Thе use оf ѕреесh іѕ dіvіdеd into two tуреѕ of applications. One іѕ command аnd соntrоl.

The software is bеttеr at соmmаnd аnd соntrоl since іt іѕ оnlу rесоgnіzіng a wоrd оr рhrаѕе at a tіmе. Saying open Microsoft Word or New Paragraph would be an example of command and control.

The other type of application is dictation which is еxtrеmеlу соmрlеx аѕ wе all knоw frоm ѕtudуіng hоw language wоrkѕ. The software has to hеаr you wеll аnd guеѕѕ correctly what you mеаn.

But ѕреесh rесоgnіtіоn fоr the PC іѕ оnlу a ѕmаll раrt оf the speech ѕtоrу. Speech is nоw ѕеrvеr-wіdе and іѕ used fоr еxаmрlе when thе соmрutеr аnѕwеrіng аttеndаnt does a live chat wіth уоu.  

You саn fіnd ѕреесh іn уоur PDA, сеll phone and even tоуѕ.

Mr. Scott оn Star Trеk оnсе trаvеlеd back іn tіmе and was confronted bу a соmрutеr wіth a kеуbоаrd. Hе соmmеntеd, “A keyboard – how ԛuаіnt”

Hе knew thаt thе kеуbоаrd аnd mouse wеrе a thіng of thе past. Lіkе thе telegraph іt wаѕ a uѕеful tool іn its tіmе but dеfіnіtеlу раrt оf thе past.

We mау someday hаvе tо еxрlаіn whаt a kеуbоаrd is  juѕt аѕ we have tо еxрlаіn whаt a typewriter is аnd hоw уоu uѕеd whіtе-оut tо correct уоur соllеgе papers. Thоѕе wеrе the dауѕ…

Windows Speech RecognitionThe Best Speech Recognition Software

The best speech recognition software is Dragon Naturally Speaking (CLICK)   I have used it for around 15 years with great results. They have two main versions Home and Premium. Over the years I have owned both and they are both excellent.

There is also a free speech recognition in Windows 7 and 8 that is very good.



As you can see Speech Recognition Software can improve your quality of life by making it easier to get computer things done and decrease the likelihood of getting Carpel tunnel syndrome. I use it everyday and could not work without it.


A Frugal Man Extra  

If уоu’rе оnе of thоѕе suffering from RSIs and Cаrраl Tunnеl Syndrome you should know thаt mоѕt carpal tunnеl syndromes and RSIѕ аrе соndіtіоnѕ thаt are caused by injuries to thе neck according to Dr Blair Lamb.

This is caused bу tуріng and рооr роѕturе whеn tуріng. The раіn we fееl еlѕеwhеrе аrе rеfеrrеd раіnѕ оr thе rеѕult оf ѕhоrtеned muѕсlеѕ in оur аrmѕ and wrіѕtѕ.

Tо rеѕоlvе thеѕе issues Dr. Lamb has a numbеr оf trеаtmеntѕ with ѕtrеtсhіng еxеrсіѕеѕ thаt ѕtrеtсh the nесk as wеll аѕ оthеr areas tо lеngthеn those ѕhоrtеnеd muscles that аrе рullіng and ріnсhіng оur nеrvеѕ аnd саuѕіng us the pain.

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12 1/2 Frugal Living Tips – Cars

frugal car tipsToday I am going to show you 12 1/2 Frugal Living Tips for your car.

A lot of people take their cars for granted. By paying more attention to your car you will save money now and in the future.

Ready – Set – Go

1. Clean or Replace Your Cars Air Filter and Your Car Will Run Great

This is so easy to do. Every time I get my oil changed I have the guy take out my air filter and pressure clean it with the air hose. It takes about two minutes and will save you money on gasoline. If the filter gets too soiled then replace it.

Another benefit of keeping a clean air filter is it will improve acceleration time by up to 11% according to the Oak Ridge National Laboratory.

Saving Money Cars

Clean or Change Your Air Filter

2. Keep Your Tires Inflated to the Proper Pressure

For every five psi your tires are under inflated your gas mileage will be lowered by 2% according to the Department of Energy.

Every time I fill up with gas I check to make sure my tires are inflated to the proper pressure. You can start doing this today and it will save you money for the rest of your life. Another benefit of keeping your tires properly inflated is that your tires will last longer.

Frugal Living Tips

Keep Your Tires Inflated

3. Save Gas by Not Carrying Around Extra Weight in Your Car

OK guys I am not talking about your wife. I am talking about your golf clubs are other things you have stored in your trunk or on your roof.

Those cargo boxes that people have on the roofs of their cars can reduce fuel economy by 2% – 25% depending on how fast you are driving according to the official U.S. government’s source for fuel economy information.

Every extra 100 pounds of weight you are carrying in your trunk or inside the car will reduce your miles per gallon by 1%.

Dont wait go get the dead weight out of your car right now.

Frugal Tips

Weight and Wind Drag

4. Where Is The Least Expensive Gas?

Go to Gas Buddy to find the lowest gas price in your area. Just enter your zip code, hit search, and the Gas Buddy will list gas stations in your area starting with the lowest price per gallon.

5. Buy Your Gasoline at a Big Box Store

Most of the Big Box Stores sell gasoline as you know. In 2014 buying gas at Costco would have saved you around 16¢ per gallon.

Frugal Car Tips

Gas It Up

6. Always Do Your Cars Scheduled Maintenance

We have been told for years that we should change are oil every 3,000 miles by the people that profit the most, fast oil change shops, and some new car dealers.

Actually most auto manufacturers suggest that you change your oil a lot less frequently with modern cars. Depending on the car they suggest changing your oil between 7,500 and 15,000 miles.

In regards to the regularly scheduled maintenance suggested by your car manufacturer I can only say one thing, DO IT.

However, shop around for prices on maintenance. Unless you have a warranty that requires you to do your maintenance at the dealership I would not do it there unless of course you like paying twice as much as you need to.

This will go a long way to saving you money on repairs in the future, and help you not be one of those people stuck on the side of the highway with your car smoking.

Frugal Living Tips for Cars


7. Why You Should Always Buy a Used Car

Almost every car that I have bought in my life has been six months to two years old. The car has had one owner, low miles, is still under warranty, and because I wasn’t the one to drive it off the new car lot I saved thousands of dollars. Enough said.

Car Maintenance

Used Car

8. Keep Your Old Car?

If you have maintained your car and it is in good condition why not keep it for one or two more years. This will save you time and money.

Cheap Car Tips

Keep Your Old Car

9. Buy a Hybrid Car?

A couple of months ago I flew into Miami and the car rental agency did not have the class of car that I had reserved.

They offered me a SUV or a Hybrid.

I took the Ford Fusion Hybrid and was surprised how comfortable it was. As I drove to West Palm Beach I noticed I was getting 50 miles to the gallon.

At this point hybrids cost more than the standard model. Check here to find out how many years you need to keep the hybrid for it to pay off as compared to buying the standard model.

It may take a few more years of innovation before these cars become economical for the frugal man.

Frugal Man

Buy a Hybid?

10. I Don’t Need No Stinking Car Insurance

Actually yes you do. I wrote another article titled Car Insurance Coverage: What You Need To Know. Please click on the title and have fun reading it.

Car Insurance Coverage

You Need Car Insurance

11. Do We Need To Drive Everywhere

Think about the places that you could walk or ride a bike instead of driving your car. The exercise and fresh air are obviously great for you. Besides for that you’ll be helping the environment and saving money.

12. Zen Driving

Practice driving smoothly and slower. This will save you gas, which saves you money. Not to mention it will cut down on your stress level. Think about how much extra time your trip will take if you drive relaxed. You’ll realize racing across town will only save you a few minutes.

OM I Will Drive Relaxed Om

OM I Will Drive Relaxed Om

121/2. OK I Got Your Attention

I really do not have a number 12 ½ tip. I thought it was a good way to get your attention and obviously if you’re reading this it worked. Here is a story instead.  

Many years ago I was having trouble seeing at night with my headlights. I knew a guy named Tommy who had an auto parts store. Figured I needed new bulbs.

I stopped in and told Tommy my problem. We walked out to my car and he looked closely at my headlights. He looked at me with a look of disgust and said he would be right back.

Tommy came back a few minutes later with some Windex and a rag and cleaned off my headlights.

From that day on when I ran into Tommy I would tell him I couldn’t see while driving at night. I would proceed to ask if he had any Windex.

He would always sigh and than laugh. I guess tip 121/2 is “Keep Your Car Clean.”

Car Insurance Policy

Wash Those Headlights

Seriously though follow the steps above and your quality of your life will go up a notch. Put every step above into action today.


This is the first in a series of ” 12 1/2 Frugal Living Tips” articles by Scott The Frugal Man. Each article will tackle a different aspect of our lives.

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