17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (2024)

Share on TwitterShare on FacebookShare on PinterestShare on LinkedIn <use href="#<svg width="1em" height="1em" viewBox="0 0 32 32" class="scriptlesssocialsharing__icon flipboard" fill="currentcolor" aria-hidden="true" focusable="false" role="img"><title>flipboard</title><path d="M24.997 13.001h-5.998v5.998h-5.998v5.998h-5.998v-17.995h17.995zM1.004 1.004v29.991h29.991v-29.991z"></path></svg>" xlink:href="#flipboard"> Share on Flip it

Affiliate Links

It’s time to start living frugally! I think we all know by now that living frugally is one of the best ways to keep more of the money you make in your pocket, but the real question is, how do you start?

Here are 17 awesome frugal living tips to help you start saving money now!

Budget

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (1)

Creating a budget that works and STICKING TO IT is the best and biggest frugal tip anyone can give you.

Creating a budget gives a structure to your spending, allowing you to spend money on what you want and not on things you don’t want to spend money on. That is the definition of living a frugal life.

When You Find a Great Deal, Buy In Bulk

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (2)

Buying items in bulk when they are on sale is a great way to save money- not only do you save money, but you have to go to the store less. When an item is on sale, has a coupon, or has a great cashback deal, grab a few.

This is a particularly great tip for meat and chicken. If meat is on sale, have your butcher cut it into smaller pieces and then wrap them separately.

Label everything clearly! Buying large amounts of meat is usually cheaper than buying individually cut pieces.

Reduce Your Shopping Trips So That You Spend Less Time in Stores

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (3)

The more time you spend in a store, the more likely you are to spend money. Make a shopping list of the main things you need so that you have a guide to help you stay on task. (Want to save more on groceries? Here are 12 ways you can save)

Buy Items on Sale and Then Plan Your Meals Around That

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (4)

The number one way to save money at the grocery store? Plan your meals around what you buy, not the other way around.

Eat at Home

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (5)

We experiment at home! We don’t go to bakeries; we find something fun with the kids from home. You can make many meals and treats at home with a little planning and creativity.

Stock Your Freezer

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (6)

Keep your freezer stocked with meals so you don’t need to get takeout when you are stressed or overwhelmed. When you cook, then double the recipes so that you have food ready to eat.

Soups freeze well and are great for this type of thing. This is particularly important before a major holiday (Pesach, anyone?) or if you are having a baby. Have freezer meals ready to go so you can save money on take-out.

Keep Old Fruit

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (7)

Keep frozen fruit and vegetables in your freezer to make quick smoothies and vegetable dishes in a pinch.

You can take the slightly browning fruit (from those bananas you bought on sale and that no one eats even though your kids told you that bananas are their absolute favorite food) and freeze them for really cheap snacks and smoothies.

Avoid Cleaning Help

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (8)

We clean one floor together as a family every Sunday, and we often turn it into activities. Keeping your messy house clean helps you avoid the need for cleaning help, and being organized will often save you money.

Get the Kids Involved

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (9)

Train your children from a very young age to do chores and household cleaning according to their ability. Have a list of things that need to get done nightly, weekly, and monthly. Make it a fun family activity you can do every night.

Wear Hand-Me-Downs

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (10)

My kids and I wear really lovely hand-me-downs. You can trade with other families or shop at thrift stores to get nice clothes for you and your kids.

Decide What You Need

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (11)

I decide before each season how much of each clothing item my kids need and only buy that amount (if some of it is from hand-me-downs, even better). Sales were causing me to overbuy until I set it up this way.

Choose the Right Place To Live

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (12)

We live in an area where families are happy with little, making it easy to live below our means and for our kids to have fewer expectations. Choosing where you live is a key part of being content with your frugal life.

Turn Down the Heating and Put on a Thick Sweater

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (13)

The house doesn’t need to be warm enough to walk around in a t-shirt and bare feet in winter. Turn down the heat and put on a thick sweater!

Automate Everything

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (14)

Bills, savings, fun money, etc., should all be automated. Use the extra mental bandwidth to implement money-saving systems.

When you automate, you don’t have to spend tons of time thinking about money: living a frugal lifestyle does not mean that you are always concerned about money.

Use the Library!

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (15)

I love the library! Having a library card is one of the biggest ways to live cheaply; I don’t buy books anymore.

If you invest in a Kindle or other e-reader, you can also get tons of free e-books online. I love using my library’s Libby App to download free booksto my Kindle- no matter the time of day.

Don’t think you will only save money on books! Libraries also offer many other services- some have games you can borrow, discounted passes to museums, and many other free or cheaper things. Get a library card!

Wait 24 Hours

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (16)

Everything in the Amazon cart has to sit for 24 hours.

Anytime you shop online- keep your stuff in the cart for 24 hours before purchasing to reduce impulse spending. An extra perk of this trick is that companies will often send you a coupon code for items you left in your cart to entice you to buy.

Shop Generic Brands

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (17)

Avoid big-name brands and look for value in products instead of name recognition. Buy generic brands as a rule and only buy brand-name products when you have a coupon or know the product is significantly better.

15 Tips For Frugal Living On A Tight Budget

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (18)

If you are looking for tips for frugal living on a tight budget, this post is for you.

Being on a tight budget means looking for even the slightest opportunity to save money. It could be saving to clear your loans, for a bigger purchase, or even for early retirement.

15 Tips for Frugal Living on a Tight Budget

12 Extreme Frugal Living Tips You Can Try

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (19)

A Reddit user was curious to know the extremely frugal things people did that they didn’t tell people about. He gave an illustration that he used to collect promotional coffee sachets on top of car windows, and that saved a ton of money. He wanted to know whether other Reddit users did extremely frugal things that they did not want other people to know.

12 Extreme Frugal Living Tips You Can Try

12 Not Very Obvious Sign That Someone Is Rich

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (20)

It is easy to know when someone is rich. However, sometimes it is not obvious. One Reddit user wanted to know what non-obvious signs pointed out that someone was rich. We have sampled some of the best responses from other Reddit users in that conversation.

12 Not Very Obvious Sign That Someone Is Rich

11 Insanely Frugal Things Most Frugal People Admit To Doing

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (21)

Ready to kick your frugality up a notch? We’ve rounded up the top 11 super-duper frugal moves that even the savviest penny-pinchers happily own up to. Yep, you might already be a frugality champ, but trust me, these ideas are like gems of money-saving wisdom you won’t wanna miss!

11 Insanely Frugal Things Most Frugal People Admit To Doing

15 Frugal Living Ideas To Make Your Money Stretch

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (22)

Frugal living comes with so many pros. You should embrace it whether you want to save up for big purchases, pay off your debts, or build a robust emergency or retirement fund.

Implementing frugality is an excellent way to get your finances under control. These frugal living ideas can make that happen.

While people embrace the lifestyle for different reasons, the motivation is usually similar; to save as much money for the things that matter the most to us—looking to get started? Thesefrugal living ideaswill help you hit the ground running.

15 Frugal Living Ideas To Make Your Money Stretch

A Dime Saved

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (23)

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.

17 Frugal Living Tips That Frugal People Say Actually Work - A Dime Saved (2024)

FAQs

What is the most frugal way to live? ›

12 Tips for Frugal Living
  • Choose quality over quantity. ...
  • Prioritize value over price. ...
  • Use credit wisely. ...
  • Declutter regularly. ...
  • Use a budget to guide your spending. ...
  • Know the difference between wants and needs. ...
  • Be a savvy consumer. ...
  • Prioritize your values.
Oct 17, 2023

What frugal people don t do? ›

Here are some of the things that smart frugal people never do.
  • Pay retail. Alliance Images / Shutterstock.com. ...
  • Ignore cash back. Prostock-studio / Shutterstock.com. ...
  • Carry a credit card balance. Olha Povozniuk / Shutterstock.com. ...
  • Ignore their health. ...
  • Spend their whole paycheck. ...
  • Use buy now, pay later. ...
  • Waste food. ...
  • Pay bills late.
Dec 13, 2023

How to be super frugal? ›

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.
Jan 19, 2024

How to be frugal but not cheap? ›

Skip spending more to elevate your status.
  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.

How to live extremely cheaply? ›

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

Why are some people so cheap? ›

Being cheap can be a personality trait, but it need not be a permanent one. It could be a habit developed because you grew up poor and wished for more money or possessions or it can stem from other insecurities. It's possible to change this behavior if you become more aware of it and are motivated to be less stingy.

Is being frugal attractive? ›

In fact, 92 percent of Americans find frugality to be an attractive quality in a partner.

What are some expenses that frugal people never waste money on? ›

Car Payments

Frugal people often choose to drive their existing cars until they die rather than purchase something new every few years. When they do have to buy a new car, they often choose a used car to save money. If possible, they also pay for the car in cash to avoid a car payment and the associated interest fees.

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.

What is a frugal personality? ›

Frugal people prioritize spending money on things that add value to their life, and they avoid using money for what they don't consider important. Those who are frugal recognize the value of their time, health and happiness over material possessions.

What causes extreme frugality? ›

Unsurprisingly, OCPD can sometimes manifest in extreme frugality, explains Dr. McGrath. Someone with OCPD might view money as something to hoard rather than something to spend. They could also have fears about the future that are tied to their finances, and so view spending money as a “bad” thing, no matter what.

What is the difference between cheapskate and frugal? ›

A frugal person will try to buy quality stuff, but probably wait for a genuine sale and find a coupon or use cash back (or both) to offset some of the costs. A cheap consumer just buys whatever they can find at the lowest price possible.

What kind of behaviour makes you frugal? ›

They budget carefully, allocate a predetermined portion of their income to savings and investments, and do not exceed it. They save up for big purchases, prefer to buy with cash (as opposed to credit), and keep an emergency fund for times of need.

What are the disadvantages of being frugal? ›

“Unfortunately, many people become spending-phobic in their quest to live a more frugal life, which can lead to anxiety around money,” she explained. “In the worst instances, people may become overly hesitant to spend money on even essential items, which can lead to a lower overall quality of life.”

How to live without making money? ›

How to live off the grid with no money
  1. Do a work exchange. If you're new to the off-grid life, a great way to start is through Worldpackers. ...
  2. Join an off-grid community. ...
  3. Find low-cost or free land. ...
  4. Construct a cabin or tiny house. ...
  5. Grow your own food. ...
  6. Fish responsibly. ...
  7. Forage for edible plants. ...
  8. Collect and filter water.

How can I live on the least amount of money? ›

How to live below your means
  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.

What is the best way to live on a budget? ›

10 Tips to Help You Live Within Your Means
  1. Set Your Budget. ...
  2. Track Your Spending. ...
  3. Save Before Spending. ...
  4. Pay Down Debt. ...
  5. Pay with Cash or Debit. ...
  6. Plan Large Purchases to Avoid Impulse Spending. ...
  7. Wait for Sales. ...
  8. Ask for a Lower Price.

References

Top Articles
Latest Posts
Article information

Author: Rueben Jacobs

Last Updated:

Views: 5709

Rating: 4.7 / 5 (57 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Rueben Jacobs

Birthday: 1999-03-14

Address: 951 Caterina Walk, Schambergerside, CA 67667-0896

Phone: +6881806848632

Job: Internal Education Planner

Hobby: Candle making, Cabaret, Poi, Gambling, Rock climbing, Wood carving, Computer programming

Introduction: My name is Rueben Jacobs, I am a cooperative, beautiful, kind, comfortable, glamorous, open, magnificent person who loves writing and wants to share my knowledge and understanding with you.