10 Greatest Tips for Living as Cheap as Possible

Are you tired of living paycheck to paycheck and struggling to make ends meet? Do you want to learn how to live cheaply without sacrificing quality of life? Here are the ten greatest tips for living as cheaply as possible.

Living as Cheap as Possible

Beautiful young woman in glasses with dollars in her hands
Image Credit: Zoom01 via DepositPhotos.com.

With rising costs and inflation, there’s never been a better time to embrace a more frugal lifestyle.

Recently, someone posted, “What are some frugality tips for living as cheaply as possible?” Here are the top-voted responses.

1.   The One In, One Out Rule

woman laying under knitted blanket
Image Credit: serezniy via DepositPhotos.com.

“I have a rule: I don’t buy something unless I give something away. It makes me think long and hard about the things I truly love and whether buying something new is worth it,” one person shared.

2.  Have a Don’t Buy Anything Month for Mindset Change

Greedy woman holding dollar banknotes
Image Credit: SIphotography via DepositPhotos.com.

“You could always start with something simple like clothes or restaurants. I did a don’t buy any clothing for a year. It made me realize how often I was buying things only to buy them,” reflected one person.

3.  Find New Hobbies

Happy friends at holi festival
Image Credit: ArturVerkhovetskiy via DepositPhotos.com.

“Indulge in new hobbies. Just because you’ve fallen on hard times doesn’t mean you can’t enjoy life frugally. So read some books or comics that you’ve borrowed, watch some classic films or documentaries, listen to a new genre of music, go on walks,” replied one.


“Also, find out what your library offers other than books. Ours offers musical instruments and access to streaming foreign films and magazines for viewing on your electronic device. Some libraries have tools, 3D printers, and seeds. Visit your local library often,” shared another.

4.  Alternate Forms of Transportation

quirky woman riding on a bike with a basket
Image Credit: deagreez1 via DepositPhotos.com.

“If you can, cycle or transit to where you need to be. If you’re transiting, download some music or audiobooks to pass the time. But if you can’t function without a car where you live, this tip won’t be much help,” one person commented.

5.  Budgeting

top view photo of female hands holding open craft paper envelope with hundred dollars banknotes
Image Credit: evphoto48.yandex.ru via DepositPhotos.com.

“Track every dollar spent. Question each of your expenses,” one person said. “We started using You Need A Budget earlier this year, forcing us to look at every dollar we spend. It has been a remarkable mental shift. You need a budget,” someone shared.

6.  Check the Fees

Dollar bills in female hands with red manicure on red background.
Image Credit: lunedi@bk.ru via DepositPhotos.com.

“Be very cautious about ongoing fees of any kind: phone, streaming, the software and media you don’t own, printer ink, maintenance contracts, equipment rentals, etc. That is where the profit is for providers, and the loss is for us,” replied one.

7.  Join Neighborhood Buy Nothing Groups

Young blonde girl holding norwegian krone banknotes
Image Credit: Krakenimages.com via DepositPhotos.com.

One person suggested, “Join your neighborhood’s local Buy Nothing group on Facebook. If you need things, ask or wait to see what your neighbors give away. My group has everything from groceries to clothes to concert tickets.”

8.  Perform Basic Maintenance and Upkeep Yourself

Woman applying nail polish
Image Credit:
DenisDenisenko via DepositPhotos.com.

“Do basic maintenance on home or cars yourself, instead of paying a professional. I mean BASIC, as in an oil change for your car, housekeeping at home, and even canceling things like personal trainers for that all-important maintenance on your body,” another volunteered.

9.  Shop at Aldi and Stop Eating Out

Cashier working in grocery store
Image Credit:
Goodluz via DepositPhotos.com.

“Aldi is very cheap for groceries. I did this when I was unemployed during the lockdown. One person stated that you could eat quite well for a small amount of money if you cook simple meals.”

“Not only prices, but your time has a monetary value too. Also, Aldi has speedy service, and you can get through the place buying everything you need fast,” one person replied.

“The number one thing people waste ridiculous amounts of money on is eating out. Also, stop using Uber Eats and Door Dash to destroy your chance of ever saving any money,” another added.

10.  Find Free Sources of Entertainment

Teenager in 3d glasses holding bucket with popcorn near remote controller on couch
Image Credit: AntonLozovoy via DepositPhotos.com.

“You can live without Netflix and Hulu for a month. YouTube has tons of free content, movies, and shows. Tubi and Pluto TV have free shows,” someone shared.

Another volunteered, “Check out what’s on offer at your local community center. For example, do they offer a pass for people experiencing financial hardship? If yes, try to take advantage of this. Also, do they offer discounted swim, skate, or fitness sessions if not?”

16 Weird Gen Z Trends We Just Don’t Understand

Sneering Parent and Loud Daughter
Image Credit: creatista via DepositPhotos.com.

Does anything that Gen-Z does make you feel baffled and confused? Sometimes it feels like the younger folks have a culture where the trends are weird, and the language is different.

16 Weird Gen Z Trends We Just Don’t Understand

The Big Scam: 18 Things That Are Really Just One Giant Rip-Off

Woman with magnifying glass
Image Credit: Krakenimages.com via DepositPhotos.com.

We’ve compiled a list of 18 things that are secretly just one big scam. Get ready to uncover the truth about some of the biggest rip-offs out there!

The Big Scam: 18 Things That Are Actually Just One Giant Rip-Off

From Ok Boomer To Eye Roll: Gen Z and Millennials Are Sick and Tired of These 28 Boomer Comments

Senior beautiful couple standing together
Image Credit: Krakenimages.com via DepositPhotos.com.

Older generations love giving advice and telling younger people things. While there are plenty of life lessons to learn from older people, young people are tired of hearing some of what boomers have to say.

From OK Boomer To Eye Roll: Gen Z and Millennials Are Sick and Tired of These 28 Boomer Comments

19 Annoying Myths People Still Cling Too Despite Evidence to the Contrary

Woman trying to kiss a man and he is rejecting her
Image Credit: AntonioGuillemF via DepositPhotos.com.

Despite easy access to so much information online, there are some myths people still believe, even though they are easily disproven.

19 Annoying Myths People Still Cling Too Despite Evidence to the Contrary

Oops! 10 Surprisingly Rude Phrases You Might Be Saying Unwittingly

offended teen teenage girl
Image Credit: deagreez1
via DepositPhotos.com.

Most people think they are polite in most situations, but there are actually some mannerisms you didn’t realize could be perceived as rude. Some phrases are considered rude that people say without realizing how they can be perceived- Are You?

10 Surprisingly Rude Phrases You Should Stop Saying in 2023


This article was produced and syndicated by A Dime Saved.


Hi! I am a millennial mom with a passion for personal finance. I have always been “into” personal finance but got inspired to start my blog after a period of extended unemployment. That experience really changed the way I viewed my relationship with money and the importance of accessible personal finance education.