12 Frugal Hacks That Will Make You Rich (Eventually)

Are you searching for some helpful ways to live frugally?

Want to save money, stretch your budget, and live a financially savvy lifestyle? Read on to discover how you can live frugally without sacrificing your quality of life at all.

Meet Like-Minded People

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Spending time with friends is important, so try to make friends with like-minded people so you can have fun and not spend more money than you want.

One person suggested, “Do fun, cheap things with like-minded people, such as hiking, board games, etc that don’t require drinking or meals out.”

Buy a Used Car

Woman holding up keys to her new car.
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A used car is a great idea instead of a new car. One person wrote, “Buy better-used cars instead of new cars. But direct from owners if possible and make sure they have service records. Learn where the good mechanics are. If you live in an urban environment and don’t need a car very often, use public transportation, walk, or ride a bike. Join a car share or rent a car when needed.”

Live Cheaply as Possible

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Then, we got you covered. Someone recently shared, “I’ve lost my job and am looking to save as much money as possible until I find a new job.”

“When I do, I want to live as cheaply as possible. What are your top tips?” The internet responded to deliver this list.

Make Your Meals at Home

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“Cook all your meals at home,” one said. “No restaurants, fast food, coffee shops, or bars. Meal plan starting with whatever ingredients you have on hand. Make a shopping list and buy what you need. Don’t plan complicated meals that require specialty ingredients.”

Grocery Shopping Tips

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One replied, “Learn how to grocery shop frugally. Shop sales, use coupons, and use rebate apps. Find your cheapest grocery stores for groceries and produce. They’re sometimes in different stores.”

 

“Don’t buy prepackaged or convenience foods if you can avoid them. Don’t buy drinks. Drink water and buy generic. Also, don’t go to the supermarket hungry!”

 

“As you get good at grocery shopping, start stocking up on staples when they are on sale/you have a coupon. Also, work on building up your pantry, so you always have cheap food to cook, and Aldi is your best friend for grocery shopping if you have them in your state,” another added.

Kitchen Gadgets That Make Cooking Easier

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“Crockpot!!! I feel like I write the word crockpot on this sub about once a month,” someone stated. “I have a Pinterest board that is just these recipes. ‘Dump meals’ and ‘One pot meals’ are all crockpot meals. And some are freezer friendly to put in the crockpot later!”

 

Others mentioned that a rice cooker, air fryer, and Instant Pot are all helpful in making cooking simple. As someone who owns them all, it’s true.

Subscriptions

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“First, go through your bills and subscriptions and cancel everything that’s not 100% necessary. Then, switch to a cheaper phone plan, and search for cheaper car insurance.”

“Finally, cancel your streaming apps and re-sign with a different email to get a free month’s trial. It is a short-term tip but will free up some cash until you find a new job,” one replied.

Track Your Money

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“Track every dollar spent. Question every one of these expenses,” someone suggested. “Save all your receipts to determine if you’re spending money how you want to spend it.” “Also, check your grocery receipts doggedly. I just caught $12 worth of error on a $60 trip,” a second person said.

Make a Budget

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“Make a budget so you know where your money is going and how much you have to spend. Only you can determine what as ‘cheap’ as possible is,” answered one. Another agreed, “Make a budget of your basic expenses first. So you know what is left to budget.”

 

“Budget for fun money – Reduces overspending on unnecessary things because you already know you have money for that!”

Buy Used and Take Freebies

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“Buy used,” one shared. ““Thrift stores, OfferUp, eBay, Mercari, Facebook Marketplace, Craigslist… all are your friend and can save you thousands per year. Also, find your local Buy Nothing group on Facebook. Your neighbors give away a lot of free goodies! Also, garage sale season is incredible. You can get some stupid good deals.”

Use YouTube for DIY

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“YouTube is an excellent resource for DIY stuff. For example, I replaced all my house’s (simple) outlets, switches, and light fixtures. I even learned how to do a ballast bypass, replacing the fluorescent tube bulbs in my basement with LEDs,” someone shared. “Watch YouTubers doing the same – Prepper Princess is a good channel.”

Consider Remote Work

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“Consider making your new job a remote one if you can,” another replied. “No more impulse lunch buys, less wear and tear on your business wardrobe, and no commute. Search Indeed for remote work.”

Invest in Reusables

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“I have a reusable water bottle. So I stopped drinking pop; I enjoy ice water. Also, get some reusable Ziploc bags. It saves a ton of money and the earth,” a final user commented.

7 So-Called “Frugal” Habits That Are Actually A Waste Of Time And Money

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Not everything is frugal! I am sure you have read articles and tips that promote frugal living and give some ideas that are just not frugal! These frugal myths float around and sometimes even cost people a lot of money!

7 So-Called “Frugal” Habits That Are Actually a Waste of Time and Money

The 20 Things People Used To Cheap Out On, But Now They Swear By The Expensive Versions

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When budgeting and saving money, trying to cut corners wherever possible is tempting. However, some items are worth investing in due to their better durability or quality compared to their cheaper counterparts.

The 20 Things People Used To Cheap Out On, but Now They Swear by the Expensive Versions

Frugal Living Tips From The Great Depression That Are Relevant Today

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How frugal were people during The Great Depression? It was a time of hardship and uncertainty and a time when people were forced to be extremely frugal.

Money-Saving Secrets from the Great Depression: Frugal Living Tips from the Great Depression That Are Relevant Today

 

Sorry Millennials, These 20 Skills From The 90s Are No Longer Relevant

Millennial Hipster Girl Holding an Audio Tape Cassette and a Pencil
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The 90s saw a tremendous shift in technology, and many skills that were once essential have become irrelevant in today’s world.

Sorry Millennials, These 20 Skills From the 90s Are No Longer Relevant

Eye Rolling Intensifies: 28 Boomer Comments Gen Z and Millennials Can’t Stand

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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

 

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.