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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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 be insanely 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 super cheap? ›

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.

How can I live off very little money? ›

These seven tips may be able to help.
  1. Understand your current financial habits. Not sure how to start spending less? ...
  2. Create an effective budget and stick to it. ...
  3. Look for ways to reduce spending. ...
  4. Set financial goals for future success. ...
  5. Save for emergencies or major purchases. ...
  6. Pay down debt. ...
  7. Stay aware of lifestyle creep.

How to be super thrifty and frugal? ›

50 frugal money-saving tips
  1. Plan meals. Meal planning is essential if you want to spend less money on your food shop. ...
  2. Choose cheaper recipes. ...
  3. Make a shopping list. ...
  4. Don't shop when you're hungry. ...
  5. Visit cheaper supermarkets. ...
  6. Buy supermarket own-label products. ...
  7. Eat less meat. ...
  8. Buy in bulk – but only if you'll use it.

Is being a cheapskate a disorder? ›

The American Psychiatric Association defines frugality as a symptom of obsessive-compulsive personality disorder (OCPD) when someone “adopts a miserly spending style toward both self and others.” Extreme frugality is an amplified version of that, and it often involves viewing spending as a bad thing no matter how much ...

How to live comfortably? ›

"Comfortable" is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments.

What makes a person cheap? ›

A cheap person is someone who is always looking to buy the lowest cost item. It doesn't matter the quality of the item (how long it will last, how well it will do its job, etc.), it just needs to be the cheapest alternative.

What is the difference between frugal and cheapskate? ›

Frugal is Always value. Frugal is always being resourceful in order to save; prioritizing for having more of the things you really care about. Those that are cheap are afraid to spend in order to cash in on saving cash short term and will often suffer inferior quality.

What causes someone to be a cheapskate? ›

It is an acquired trait. A child does the same what he sees in his family. If the members of his family have cheap mentality, chances are he can also acquire those traits. Later on in his life, he will find friends who have cheap mentality because he would not be able to survive with the people who have good mentality.

Can you live on $1000 a month after rent? ›

Bottom Line. Living on $1,000 per month is a challenge. From the high costs of housing, transportation and food, plus trying to keep your bills to a minimum, it would be difficult for anyone living alone to make this work. But with some creativity, roommates and strategy, you might be able to pull it off.

How can I live a simple rich life? ›

It's about personal growth, nurturing relationships, staying healthy, and making an impact. Living a Rich Life means making your money work for you in a way that aligns with your passions and goals. That's the secret sauce.

How can I live comfortably poor? ›

One way is to live below your means by making wise choices with your spending. This may mean sticking to the basics (like food and housing) or cutting back on luxury items like entertainment or expensive clothing." Brian also suggests that "one of the best ways to save money on a low-income budget is to get creative.

Is extreme frugality a disorder? ›

Fear of spending money or excessive frugality is sometimes known as Chrometophobia, a Specific Phobia related to money. Fears about spending money may also be involved in obsessive-compulsive disorder (OCD).

How to be frugal with ADHD? ›

Here are a few suggestions:
  1. Weekly review. Choose a day of the week to be your regular day to review your spending plan and budget. ...
  2. Consider making payments electronically. ...
  3. Savings account. ...
  4. Financial calendar. ...
  5. Money management timeline. ...
  6. Apps to help with money management.

Are frugal people happier? ›

causing unhappiness. Believe it or not, living frugally can actually make you happier than living lavishly. Living a frugal lifestyle isn't necessarily about pinching pennies and denying yourself things you want. It's about making your life easier and worrying less about money.

Can living frugally make you rich? ›

Financial freedom: Frugality leads to significant savings, reducing debt, and increasing your ability to invest, which can accelerate your journey to financial independence. Stress reduction: Living within your means and having financial buffers can lower stress levels and increase your sense of security.

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