50 Frugal Living Tips That Will Save You Money (2024)

Frugal Ways To Save Money

Are you looking to save more money? If you are, you are in the right place. Whether you are looking to lower your household expenses or pay down some debt you will find some amazing frugal living tips that will help you save money below.

Frugal Living

Now is the time to start living frugally and saving money. Below you will find 50 frugal tips that will help you save money, ditch the debt and save for that vacation or weekend away you really need.

What Is Frugal Living?

Frugal living is about being smart with your money and living below your means. It is also about making smart choice. Opting out of the drive thru to bring your own coffee to work.

Frugal Living Ideas

Or hanging your clothes to dry instead of tossing them in the dryer. It’s also about assessing where you’re spending your money.

You can learn the 21 things we stopped buying in order to save $1000 off our monthly budget.

Benefits Of Budgeting

Budgeting is on of the best ways to save money. Knowing how much you have coming in and what your household expenses are is important.

Frugal Budget

Budgeting your monthly expenses also gives you a clear picture of where you can cut your expenses in order to save more money.

Frugal Budget Tips

Actively live below your means. Spend less than you make. Find ways to save more money each month. Learn how to increase your income and pay down your debt.

Importance Of Being Frugal

Being frugal is super important if you are looking to pay down debt, save for a big ticket item or plan for your future.

Simple Frugal Changes

And it’s not hard to do. It’s about making simple changes to your everyday that make a big impact in your savings.

How To Be More Frugal

Start with simple. Are you a coffee and breakfast drive thru morning kind of person? Or do you join the work gang for lunch at the local pub? Try one or two days a week bring coffee or lunch from home and seeing how much money you save.

Living A Frugal Life

Keep track and assess your expenses. See where you can decrease your spending or change an item to save some money.

Frugal Tips

Being frugal is all about making changes that work for you and help you save money. Below are 50 frugal tips that can help you put more money back into your wallet.

Related Frugal Tips:

  • Stop Living Paycheck To Paycheck
  • 275+ Money Saving Tips
  • The Must Have Essentials Of A Frugal Home

50 Frugal Tips That Will Save You Money:

1. Use a budget and stick to it

2. Grow your own vegetables and fruit

3. Regrow fresh food from your kitchen scraps

4. Can and preserve the bounty of the season

5. Make your own bread

6. Learn to sew and mend your clothes

7. Wear it, mend it, re-purpose it

8. Hang your laundry to dry instead of using the dryer

9. Make your food from scratch

10. Don’t shop when hungry

11. Eat out less

12. Use a meal plan

13. Cook cheap recipe based foods

14. Use your slow cooker

15. Cook once and eat twice

16. Eat meatless meals

17. Invest in an Instant Pot

18. Make breakfast for dinner

19. Brown bag your lunch

20. Eat healthy on a budget

21. Shop at your local thrift store

22. Order freebies and samples

23. Buy in bulk

24. Use the Rakuten App to save money

25. Shop with a list

26. Stop buying pop, drink water

27. Enjoy cheap dates

28. Treat family to budget friendly activities

29. Cut the cable, cellphone or landline

30. Turn the heat down

31. Unplug electronics when not in use

32. Make your own cleaners

33. Use cloth napkins, ditch the paper

34. Make your own gifts

35. Buy and restore used furniture

36. Buy or rent a house that fits your needs

37. Use reusable cloth bags

38. Get a library card

39. Enjoy super fun, super cheap activities

40. Bike to work or take public transport

41. DIY everything and anything

42. Shop at garage sales and flea markets

43. Sell your old items online or at garage sales

44. Shop around your cellphone, mortgage, banking plans

45. Pay with cash

46. Checkout your free local attractions

47. Enjoy kids eat free places

48. Play in the park or go for a hike it’s free

49. Shop smart, don’t lead with temptation

50. Share the abundance of your garden, your extra fresh bread, your old clothes or unused items

Living Frugally

Living frugally is super simple and easy to do. Pick one or five of the tips above and work them into your daily or weekly activities. You will start seeing savings results immediately. It may be just a dollar or to but the more you do the more results you will see.

Frugality Tips

Frugal living in action. A frugal mom may pack her husband coffee and lunch before he heads to work. She may wash the laundry in cold water and hang it to dry. In her frugal home you may find a fully stocked pantry and a full freezer ready for meal planning and baking.

Frugality

Other examples of frugal living are carpooling with your co-workers. Planting a community vegetable garden and baking homemade bread. Frugality has many faces with the main goal living well on less.

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50 Frugal Living Tips That Will Save You Money (11)50 Frugal Living Tips That Will Save You Money (12)

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How To Live Well On Less

Living well on less is about spending less than you make and putting the extra towards paying down your debt and saving for your future. This may mean opting out of a dinner out and choosing a night in. It may mean choosing generic at the grocery store versus your favorite name brand.

Frugal Finance

Is about making smart choices with your money. Stretching that dollar to cover all of your needs while still saving some for later.

Never Pay Full Price Again!

The 50 tips above will help you cut your household expenses and save money. But I want to let you in on a secret…

The Rakuten App is a money saving app that will help you never pay full price again. Save money on shoes, make up, pasta, coffee and so much more. If you shop on Amazon, Rakuten is a money saving must. Try the Rakuten App today and get $10 free my treat.

Cheap Living Tips

If you are looking to live a more thrifty lifestyle then you need to checkout our Thrifty Living Guide it is full of cheap living tips that will help you save more money. Simple, actionable daily things you can do to save more money.

Frugal Money Saving Tips

Living frugally is essentially about living well below your means and saving money. If you are looking for more frugal money saving tips be sure to checkout these links:

  • 7 Money Saving Starbucks Hacks
  • 75 Super Frugal Tips To Cut Your Household Expenses
  • 21 Things We Stopped Buying To Save Money

How To Be More Frugal

If you already follow a frugal lifestyle and are looking to be more frugal creating a money saving frugal home is where you need to start. Discover the secret must haves of a frugal home and what frugal homemakers say makes their life so much easier.

How To Live Extremely Frugal

We all know someone who lives frugal, checks all the boxes that we do but some how they just seem to be able to save more money than we do.

Extreme Frugal Living

It’s called extreme frugal living and it’s not super hard to do. You can learn more about how to live extremely frugal and discover 42 extremely frugal tips that can help you save more money.

Living A Frugal Lifestyle

Living a frugal lifestyle is super easy to do and it can save you a huge amount of money. The more frugal tips and thrifty living ideas you follow the more money you will save.

♥ More About Saving & Simplicity

Welcome! I am so glad you are here I am Cynthia, primary frugal mom blogger at Saving & Simplicity.

Where you will find frugal, money saving posts and articles along with DIY projects, cheap & easy recipes and so much more.

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Updated June 21, 2023

50 Frugal Living Tips That Will Save You Money (15)

50 Frugal Tips That Will Save You Money

50 Frugal Living Tips That Will Save You Money (2024)

FAQs

How to live extremely frugal? ›

12 Tips for Frugal Living
  1. Choose quality over quantity. ...
  2. Prioritize value over price. ...
  3. Use credit wisely. ...
  4. Declutter regularly. ...
  5. Use a budget to guide your spending. ...
  6. Know the difference between wants and needs. ...
  7. Be a savvy consumer. ...
  8. Prioritize your values.
Oct 17, 2023

How to be extremely cheap? ›

What are some tips for being frugal?
  1. Create a budget and stick to it. Being frugal begins with this tip. ...
  2. Shop around for the best deals. Buy what you need from the first store you see, but don't just go to the first one you see. ...
  3. Buy used instead of new. ...
  4. Make your own stuff. ...
  5. Repurpose and recycle. ...
  6. Be patient.
Aug 22, 2023

How can I live frugally but happy? ›

You can achieve financial stability without sacrificing happiness by aligning your spending with your values and making mindful choices. Embrace the simplicity of frugal living and discover that true joy often comes from experiences and connections rather than material possessions.

How to live frugally on one income? ›

Living on a one-income budget
  1. Assess your financial situation. Start by understanding your current financial status. ...
  2. List fixed expenses. ...
  3. Track changing expenses. ...
  4. Differentiate needs vs. ...
  5. Set financial goals. ...
  6. Create an emergency savings fund. ...
  7. Allocate for savings. ...
  8. Start a debt repayment plan.

How to live simple life and save money? ›

How to Save Money: 23 Tips
  1. Make a budget.
  2. Say goodbye to debt.
  3. Set a savings goal.
  4. Save money automatically.
  5. Buy generic.
  6. Meal plan.
  7. Cancel some subscriptions and memberships.
  8. Adjust your tax withholdings.
Apr 5, 2024

How can I live a simple life with less money? ›

Skip spending more to elevate your status.
  1. Eliminate Monthly Subscriptions. ...
  2. Shop for New Insurance. ...
  3. Reduce Prescription Costs. ...
  4. Buy Used Items. ...
  5. Rent, Don't Own. ...
  6. Purchase at the Right Time. ...
  7. Buy High-Quality Products. ...
  8. Enlist Your Friends.

How to make money when desperate? ›

Selling personal belongings—such as clothing, electronics, or books—online may help you raise cash in an emergency. Consider taking on an odd job, such as babysitting, dog walking, or yard work, to help bring in extra money.

What kind of behaviour makes you frugal? ›

In behavioral science, frugality has been defined as the tendency to acquire goods and services in a restrained manner, and resourceful use of already-owned economic goods and services, to achieve a longer term goal.

How to be frugal in 2024? ›

Taking a walk and watching what you eat is much cheaper. Stop using food delivery apps like Doordash and Uber Eats; their prices are far higher than those of going to the restaurant yourself. By eliminating excess spending, you will be shocked by how much extra money you'll save.

How to stop being a cheapskate? ›

ALLOW ME TO OFFER YOU 8 WAYS TO KILL YOUR INNER CHEAPSKATE LEARNED FROM MY OWN PERSONAL EXPERIENCE.
  1. Acknowledge Your Inner Cheapskate. ...
  2. Admit how spending makes you feel. ...
  3. Face Your Fears. ...
  4. Celebrate Good Spending. ...
  5. Set Non-financial Goals. ...
  6. Set a Saving Budget (and Don't Go Over It) ...
  7. Set a Spending Budget (and Don't Go Under It)
Oct 4, 2016

Why do people live frugally? ›

By choosing to live the frugal life, you may be able to avoid debt much more than the average person. By avoiding debt, you will have less stress due to the fact that you won't be worried about the next bill you have to pay and the amount of interest that is building up.

How do I survive with no income? ›

How to live off the grid with no money
  1. Do a work exchange. If you're new to the off-grid life, a great way to start is through Worldpackers. ...
  2. Join an off-grid community. ...
  3. Find low-cost or free land. ...
  4. Construct a cabin or tiny house. ...
  5. Grow your own food. ...
  6. Fish responsibly. ...
  7. Forage for edible plants. ...
  8. Collect and filter water.

How to live alone financially? ›

Draw up a budget - and take charge of debts

Split these into essential payments, and non-essentials, which for example may include things like your gym membership, and magazine subscriptions. Even if you can only reduce your spending a little, the amount you save will still make a difference over time.

How to live on a limited income? ›

Many financial experts recommend the 50-20-30 rule for low-income families. Spend 50% of your income on food, medical, and housing needs. Use 20% on saving an emergency fund and paying down outstanding debt. Then use 30% for all other expenses.

What causes extreme frugality? ›

Unsurprisingly, OCPD can sometimes manifest in extreme frugality, explains Dr. McGrath. Someone with OCPD might view money as something to hoard rather than something to spend. They could also have fears about the future that are tied to their finances, and so view spending money as a “bad” thing, no matter what.

How to save 10k in a year? ›

6 steps to save $10,000 in a year
  1. Evaluate income and expenses. To make room for saving, you'll need a meticulous budget that outlines all your sources of income and all your expenditures. ...
  2. Make an actionable savings plan. ...
  3. Cut unnecessary expenses. ...
  4. Increase your income. ...
  5. Avoid new debt. ...
  6. Invest wisely.
Apr 2, 2024

How to be extremely thrifty? ›

I should note that I do most, but not all, of these tips.
  1. Go with one car. Many families have two or more cars. ...
  2. Go with a smaller house. ...
  3. Go with a smaller car. ...
  4. Rent rather than own. ...
  5. Look for used first. ...
  6. Eat out less. ...
  7. Eat out frugally. ...
  8. Brown bag it to work.

Is frugal living worth it? ›

Living a frugal lifestyle not only helps you save money, but it can also help you establish healthier habits over time. For example, when you start to become mindful with your spending, chances are you'll be cooking more meals at home instead of eating out all the time.

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