Frugal people don’t wait for money-saving tips to drop on their doorstep- they make it happen.
1. Create a Budget
Creating a budget for all your expenses is an essential step towards living more frugally. Once you’ve budgeted out all your money needs, you’ll see where you can spend (or save) extra. It’s a win-win!
Download a free monthly budget today.
2. Cook at Home
The cost of eating out can add up fast. Avoid spending a premium on food and start cooking more of your meals at home. Your stomach (and your wallet) will thank you.
3. Meal Plan
Meal planning is a great way to stay within your grocery budget. It also prevents the phenomenon of buying much more than you actually need.
4. Buy In Bulk
Buying select food or household items in bulk is a great way to save money in the long term. Not only are bulk prices often cheaper, but you’ll also cut down on gas and/or delivery fees.
5. Use Coupons
So many people forget to check for coupons before shopping! Whether shopping online or in person, coupons are an easy and rewarding way to save.
6. Shop Sales
If you shop during sale periods, you can take advantage of bargains instead of paying full price. Store sales are the best time to treat yourself at a fraction of the usual cost!
7. DIY Cleaning Products
Save money on expensive cleaning products by using what you already have at home. From water and vinegar to baking soda and salt, DIY cleaning products can be simple and effective.
8. Cancel Unused Subscriptions
We all have that one subscription we never use but keep forgetting to cancel. Take a few minutes out of your day and cancel unused subscriptions for a quick money-saving hack.
9. Borrow Books From the Library
Books can be expensive when they’re bought brand new. Why not take a trip to your local library and borrow them instead?
10. Unplug Electronics
Do your electric bill a favor and unplug any electronics when they’re not in use!
11. Use Energy-Efficient Lighting
Energy-efficient lighting can help save you significant amounts of money per year due to its reduced energy usage. Plus, it’s good for the planet!
12. Walk or Bike Instead of Driving
We all know how pricey it can be to fill up on gas these days. Consider walking or biking instead. You’ll get some exercise in and save on car costs.
13. Shop at Thrift Stores
There’s no need to break the bank on a shopping trip. Thrift stores carry clothing, kitchen items, and even furniture. Take a trip to your local thrift store and see what treasures you can find!
14. Repair Clothes Instead of Replacing
Small stain on your favorite shirt? Instead of buying a new one, try getting it out at home. Simple home remedies can save you tons on your favorite clothing items.
15. Make Your Coffee at Home
Do you need your morning coffee fix? Don’t worry; we get it! Consider making the switch to homemade coffee instead. It’s cheaper, and can be better for you!
16. Use Public Transportation
Don’t be afraid of public transportation! It’s a cheap and reliable option for getting around town when you aren’t in a rush. Plus, you can sit back and relax instead of being the one behind the wheel.
17. Cut Cable TV
So many people don’t even watch cable TV anymore, yet they still pay for it! Why not just watch TV through your favorite streaming service instead? Older people are the most susceptible to this. If you have parents who are struggling financially, double-check their cable bill and see what you can cut.
18. Buy Generic Brands
Generic doesn’t necessarily mean low quality. Consider buying generic brands of everyday items to save big. Many generic products have the same formulation as the branded products, so you are basically paying more for the same product.
19. Use Cashback Apps
There are several apps on the market that will give you cashback for things you were already planning on buying. It’s like free money!
20. Cancel Gym Memberships
Has it been a while since you’ve hit the gym? Why not cancel that membership and get your exercise in at home? From going on hikes to at-home strength training, there are plenty of options you can take advantage of.
21. Plant a Garden
There’s nothing quite like fresh, homegrown vegetables. A small vegetable garden will practically grow itself as long as you check on it daily. And it’s a great way to save on groceries!
Read More:
- 14 Frugal Living Tips To Learn From Warren Buffett
- 15 Tips for Frugal Living on a Tight Budget
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