At the end of the day, when it comes to finances, everyone wants to live comfortably – whatever that means to them personally. Many people even dream of living a luxurious life, which can feel totally far-fetched on a 9-5 salary. The good news is that you do not have to hit the jackpot to live a luxurious life. The truth is, living a luxurious life is much easier than you think, if you choose to be smart with the money that you have coming in.

We have pulled together a few tips on how you can live a luxurious life without breaking the bank. Check them out here:

How to Live a Luxurious Life on a Budget

Stay on top of your finances. 

First thing is first, make sure that you are staying on top of your finances. You want to be aware of exactly how much money you have coming in each month as well as how much money you owe each month – whether that be your mortgage or rent, utilities, as well as any other bills that you have.

Staying on top of your finances will help you to see exactly where you are spending against how much money you are earning, which can help you to decide where you can cut back.


Be on the prowl for a good discount. 

Rule #1: Never – and we mean never – buy something full price! Realistically, there is always (or, almost always) a way to purchase an item with a discount, whether you are using a promotional code or waiting for the item to go on sale.

Using discounts or waiting for a big sale is a hugely effective way to save money, especially if you are looking to invest in more expensive and high-end items. Plus, you will feel better about your purchases knowing that you did not have to spend what was on the price tag! 


Cook at home more. 

We are all guilty of it, especially during the winter months – eating out, getting takeout, and getting delivery (Uber Eats – we’re looking at you). While trying new restaurants as well as going back to your favorites is always enjoyable, try to limit the number of times per week that you are getting food out, and make an effort to cook at home more.

You can make cooking at home exciting by trying new recipes and making a night out of it by cooking at home with a loved one, or even by yourself! You will be surprised at how much fun cooking at home can be, and how delicious your meals will come out!


Sign up for browser extensions for promotions and cash back.

Did you know that when shopping online, even if the store you are shopping at has a sale going on, you can save even more money by installing third-party cashbacks such as Rakuten, or promo code extensions such as Honey?

Both Rakuten and Honey can be added as extensions to your browser, helping you to get cash back and almost all your purchases as well as scan the web to make sure that you are getting the best deal possible by finding promo codes for you to apply at checkout. 


Look at your subscriptions and cut effectively. 

Take a look at all your monthly subscriptions and see where you can cut. This will help you to save money as you identify subscriptions that you are not getting a ton of use from. This can be anything from a music subscription to Netflix or Hulu to a game that you once enjoyed on your smartphone. A lot of people find that they are subscribed to Apps or streaming services that they have totally forgotten about!