It is easy to get jealous of people who live luxurious lives,
especially with social media. You see their designer clothes, incredible
vacations, expensive dinners, nice cars; the list goes on and on. In a country
like the United States, we love our premium goods but not everyone has the
budget for it. There are several ways to live lavishly on a lean budget. Keep
reading to learn how!
Rental instead of Retail
When planning on going to an important dinner or party,
instead of purchasing designer clothing, take a look at renting. Purchasing
designer clothing that you may only wear once can burn a major hole in your
pocket. Consider renting designer clothing from companies such as Rent the
Runway. These companies offer affordable options for someone who wants to dress
to the nines without the cost.
Outlets and Consignment Shops
are your new Best Friend
You can find some incredible deals on premium goods at
outlets and consignment shops. There are even upscale consignment shops that
are specifically for luxury items. Many times you will be able to find like-new
and barely used items for a great deal. Outlets can have sales up to 70% off
the retail price of items.
Save on Travel
Traveling is one way to live a lavish lifestyle, but it can
also be very expensive. Vacationing with friends and family can help ease the
cost by being able to split costs on accommodations and some travel such as a
rental car. You can also search for the off-seasons to travel to different
locations for cheaper flights and accommodations.
Search for Wellness Deals
A major way that people splurge in their lives is through
fitness and wellness. Every week there seems to be a new type of fitness class
or a new spa treatment. It can be very expensive trying to afford even a
fraction of these activities. Lucky for you, there are many coupon sites such
as Groupon that offer deals to local spas. If you are more interested in
fitness, many places have trials such as a free week to get customers in the
door.
Look for free or cheap
entertainment options
Instead of splurging on expensive tickets to concerts and
shows, try to find cheap options such as shows in the park or festivals. For
museums and galleries, look for days they have discounts to get a good deal.
Entertainment can eat up most of your budget, so aim to find fun experiences
locally.
Quality over Quantity
When shopping, buy quality items that you can use for a long
time instead of purchasing several cheaper items. For clothing, buy quality
staples that you can use for a few years. Overall, it will be more cost
efficient than buying several of the same cheap item.
You do not have to break the bank to live a lavish life. Use
these tips to help you live the lifestyle of your dreams within your budget.
Sources:
Nettles, Kamii. "Ways to Live a Luxurious Life on a Budget." Baby Truth, 22 June 2020, https://babytruthcollection.com/blogs/news/ways-to-live-a-luxurious-life-on-a-budget.
"7 Ways to Live Luxuriously without Spending a Fortune." Discover Bank - Banking Topics Blog, 27 Apr. 2022, https://www.discover.com/online-banking/banking-topics/7-ways-to-live-luxuriously-without-spending-a-fortune/.
"19 Tips on How to Live like the Rich, Even on a Tight Budget." VannDigit, 10 May 2018, https://www.vanndigit.com/19-tips-how-to-live-like-rich-even-tight-budget/.