With the rising costs of just about everything that families need and use, becoming frugal is almost a necessity for families. If frugality makes you think of depression era grandparents, or things such as splitting two-ply toilet paper, I’d like to introduce you to a concept I like to call being tastefully frugal.

Being tastefully frugal is a way of life. When shopping anywhere (mall, grocery store, online, department store), always have these questions in the back of your mind, and answer them honestly:

1. Do I really need this?
2. Do I currently own something else that can serve this purpose?
3. Can I afford this? (Afford in this case means that you have the money available to spend – without using credit cards or foregoing something else you need).
4. Is this the lowest price I can spend for this quality? (spending more money for something that is better quality can definitely be tastefully frugal, but shopping sales and using coupons is essential).

There are also several pitfalls you may face – here are some definite don’ts:

1. Don’t buy cheap, poorly made items just because the price is right – you’ll end up paying for it in the end.
2. Don’t buy on sale just because it’s on sale – make sure you really need the item.
3. Don’t get discouraged. If you slip up, that’s okay. Just start all over again!

Good luck becoming tastefully frugal! Your pocketbook, and your bank account will be happy with your efforts!

Jodi is the editor of Mom’s Favorite Stuff and The Mindful Moms.  She recently gave up her 10-year finance career to stay at home with her children, and loves helping other moms learn about finance and manage their home budget.  She is the mom to a rambunctious 2 year old boy and a spirited 4 year old girl!

Photo Credit: woodsy on stock.xchng