55 Frugal Tips To Help You Save Money (2024)

Household Expenses Are Getting Expensive

Whether you’re a single income family or a dual income family the cost of running a household is increasing rapidly. With the price of goods on the rise families are looking for more ways to save money. Discover frugal tips to help you save money on expenses, get ahead and get out of debt.

Cost Of Goods Rising

We live in an economy where the price of this and the price of that are rising. Not much is getting cheaper. The average price of living is on the rise.

Frugal Tips

Below you will find 55 super frugal living tips that are designed to help you get ahead and save money. Whether it’s the beautiful vegetable garden you grow this spring and summer or the harvest you store this fall.

Frugal Homemaking

Or the food you make from scratch using new money saving meal plans. Or changing things up and eating more beans and rice. Will you be hanging your laundry to dry or making your own household cleaners. There is a frugal tip in here that will help you save money and get a head.

Change One Thing And Save More Money

You work real hard for the money you make. What if you could change one thing in your day to day to help you save more money. Believe it or not it’s the simple, easy changes that make the most difference.

Saving Money

Think of the money you could save by changing just one thing. Opt to brown bag your lunch this week and you could save $25 – $50 on lunches out this week.

Money Saving Frugal Tips

What if you cut the cable and opted to use the internet how much would you save this month? If you grew that beautiful garden you dream about how much could you save on produce this year?

Coupons & Money Saving Apps

If you cut coupons this week or used the Rakuten money saving app how much could you save on shopping day? Think about it.

Living Frugally

Frugality is a mind set, that will get you through the hard times, help you rise above and get ahead in the good times.

What Is Frugal Living?

Living frugally is about living below your means and being smart with your money. When you live frugally you choose to meal plan and bake homemade bread because it is more cost effective and healthy for your family.

Frugal Ideas

You may choose to grow a garden, cut coupons and shop locally to save money and cut your expenses.

Why Live Frugally?

Essentially living frugally is about saving money. You may use this money to pay down debt, save for a down payment on a home or for retirement.

Reasons For Living Frugally

Everyone has their own unique reasons for living frugally. But living frugally is about saving money so you can do more.

Frugal Living And Saving Money

If you are looking to save money and cut down on your household expenses frugal living is the easiest solution. By making small and simple changes to your day to day you can save a ton of money.

Super Frugal Tips

Below you will find a bunch of super frugal tips to help you save more money. One tip may save you $10 a week, another may save you $100 a month. The more you do the more you save.

55 Super Frugal Living Tips To help you Save Money On Expenses:

  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 and pastries
  6. Hang your laundry to dry instead of using the dryer
  7. Make your own home made cleaners
  8. Learn to sew and mend your clothes
  9. Wear it, mend it, re-purpose it
  10. Make your food from scratch
  11. Use a meal plan
  12. Don’t shop when hungry
  13. Eat out less
  14. Cook cheap recipe based foods
  15. Use your slow cooker
  16. Cook once and eat twice
  17. Eat meatless meals
  18. Eat beans and rice
  19. Make breakfast for dinner
  20. Brown bag your lunch
  21. Eat healthy on a budget
  22. Fill your freezer with meals
  23. Shop at your local thrift store
  24. Use coupons
  25. Shop sales
  26. Order freebies and samples
  27. Buy in bulk
  28. Shop with a list
  29. Stop buying pop and drink more water
  30. Enjoy cheap dates
  31. Treat family to budget friendly activities
  32. Cut the cable
  33. Cancel the landline telephone
  34. Turn the heat down
  35. Plan fun family nights and meals in
  36. Unplug electronics when not in use
  37. Use cloth napkins, ditch the paper
  38. Use reusable cloth bags
  39. Get a library card
  40. Enjoy super fun, super cheap activities
  41. Bike to work or take public transport
  42. DIY everything and anything
  43. Make your own gifts
  44. Buy and restore used furniture
  45. Buy or rent a house that fits your needs
  46. Shop at garage sales and flea markets
  47. Sell your old items online or at garage sales
  48. Shop around your cellphone, mortgage, banking plans
  49. Pay with cash
  50. Use the envelope system
  51. Checkout your free local attractions
  52. Enjoy kids eat free places
  53. Play in the park or go for a hike it’s free
  54. Shop smart with a frugal mind
  55. Share the abundance of your garden, your extra fresh bread, your old clothes or unused items

Debt, Budgeting & Saving Money

Have fun, live frugally, pay it forward. You can make a difference in your expenses and your life by changing your mindset. Skip a few wants and focus on needs. Cut back on a few things so you can live the life you want to lead in the future. Living frugally will help you get through the hard times and support your success in the good times.

Updated May 12, 2021

55 Frugal Tips To Help You Save Money (3)

55 Frugal Tips To Help You Save Money

55 Frugal Tips To Help You Save Money (2024)

FAQs

How to be frugal and save money? ›

12 Frugal Habits to Save Money in Everyday Life
  1. Practice Mindful Spending. ...
  2. Develop DIY Skills and Resourcefulness. ...
  3. Pay More Attention to Your Utilities. ...
  4. Buy Used. ...
  5. Value Time When Making Money Decisions. ...
  6. Drive less. ...
  7. Focus On Quality, Not Quantity. ...
  8. Think Long Term.
May 26, 2024

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 to live very frugally? ›

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 frugal without being cheap? ›

15 Tips for Living Frugally Without Looking Cheap
  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.

What is the 30 rule for money? ›

The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings. Learn more about the 50/30/20 budget rule and if it's right for you.

What is the 70 money rule? ›

Living expenses should consume 70% of after-tax income, covering necessities and discretionary spending. Savings and debt repayment are prioritized at 20%, focusing on high-interest debts and building emergency funds.

How to be less broke? ›

Use the 50/30/20 Rule: Allocate 50% of your income to needs, 30% to wants, and 20% to savings and debt repayment. Adjusting these percentages to fit your goals can help accelerate your savings. Save Your Raises and Bonuses: Resist the temptation to increase your spending with every raise or bonus.

How to make money when desperate? ›

20 ideas to make more money when you are thinking I desperately need money now
  1. Shift to a smaller house. ...
  2. Work overtime. ...
  3. Ask for an advance. ...
  4. Sell what you don't need. ...
  5. Use your car to earn money. ...
  6. Ask your friends and family for help. ...
  7. Cut down your spending. ...
  8. Get financial assistance from the government.
Nov 10, 2023

How do I train myself to spend less money? ›

Here are some ideas to help you stop spending money and build healthier financial habits:
  1. Create a Budget. ...
  2. Visualize What You're Saving For.
  3. Always Shop with a List. ...
  4. Nix the Brand Names. ...
  5. Master Meal Prep.
  6. Consider Cash for In-store Shopping. ...
  7. Remove Temptation.
  8. Hit “Pause"
Jan 19, 2023

How to be super thrifty? ›

15 Frugal Living Tips
  1. Tip 1: Differentiate between Luxury Spending vs Necessary Expenses. ‍ ...
  2. Tip 2: Make Cuts in Your Spending. ...
  3. Tip 3: Cap Your Spending. ...
  4. Tip 4: Keep Receipts and Track Spending. ...
  5. Tip 5: Think Twice Before You Buy. ...
  6. Tip 6: Learn How to Bargain. ...
  7. Tip 7: Reuse and Recycle. ...
  8. Tip 8: Find Thrifted Furniture.
6 days ago

How to live on 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 not be 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

How to become a cheapskate? ›

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.

What is toxic frugality? ›

Frugality is the practice of being wise with money and avoiding wastefulness. It's a virtue that many people admire. It fosters responsible financial habits and can lead to a more sustainable life. But there's a darker side to frugality that can be detrimental to our quality of life. This is known as “toxic frugality.”

How can I save money when I am already frugal? ›

Ten Frugal Habits to Save Money
  1. Track Spending.
  2. Automate Your Savings.
  3. Save Loose Change.
  4. Compare Prices & Comparison Shop.
  5. Avoid Spending Triggers.
  6. Shop Second Hand.
  7. Save Windfall Income & Use a Spending Rule of Thumb.
  8. Institute a Waiting Period.

How to be a minimalist with money? ›

12 Simple Ways to Save Money
  1. Order water at restaurants. ...
  2. Take your lunch to work. ...
  3. Brew your own coffee. ...
  4. Give up alcohol. ...
  5. Order off the value menu at fast food restaurants. ...
  6. Wear the same style of clothing every day. ...
  7. Don't buy expensive meats. ...
  8. Don't use expensive razors.

How to pinch every penny? ›

10 Ways To Take the Pain Out of Penny Pinching
  1. Attitude is everything. If you are resentful about scrimping, you will be unhappy. ...
  2. Reward your loyalty. ...
  3. Get free gas. ...
  4. Give yourself the gift of time. ...
  5. Enjoy prompt pay discounts. ...
  6. Use competition to your advantage. ...
  7. Have some free fun. ...
  8. Make a dream board.

How can I save money and be stingy? ›

15 Ways to start living stingy
  1. Ask yourself, “Does my spending spark joy?” ...
  2. Create a budget that works. ...
  3. Set financial goals for success. ...
  4. Review your subscription plans. ...
  5. Start living stingy by decluttering your home. ...
  6. Be stingy with your time. ...
  7. Stop spending money to start living stingy. ...
  8. Shop for cheaper insurance.
Oct 23, 2023

How can I become financially stable with little money? ›

How To Become Financially Stable: Eight Achievable Steps
  1. Set A Budget And Stick To It. ...
  2. Save, Save, Save. ...
  3. Live Within (Or Below) Your Means. ...
  4. Establish An Emergency Fund. ...
  5. Pay Down Your Debt. ...
  6. Invest In Yourself And Your Retirement. ...
  7. Monitor Your Credit Score. ...
  8. Don't Be Afraid To Enjoy Life.
Jan 4, 2024

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