More Frugal: 12 Easy Ways to Save Money (2024)

More Frugal: 12 Easy Ways to Save Money (1)

How to be more frugal without really trying

Are you constantly trying to save more and spend less?

If so, you’re not alone. Saving more and spending less is always one of the top battles we face every day.

One of the best ways to save money is to adopt a frugal lifestyle. Frugal does not have to equal boring. You just have to be get a little more creative with your thinking. Thankfully, I’ve made that a little easier for you!Below, are 12 almost effortless ways that you can be more frugal today!

Suggest cheaper alternatives

If a friend invites you to a movie, suggest watching one at home. If a relative wants to spend the day at an amusem*nt park with the kids, suggest a free or low cost museum. If a co-worker thinks a trip to the book store would be fun, suggest the library.

Cheaper entertainment alternatives can still be fun!

Switch to homemade coffee

Did you know, you only need to spend $27.40 a day to blow $10,000 in a year?

There are many great coffee beans on the market (Kicking Horse, Melitta, even Starbucks and Tim Hortons sell their coffee in grocery stores) that taste just as good, if not better, than the kind you will pay 10x the price for at your local coffee shop.

Many small local coffee shops sell more locally roasted coffee beans that you can take home to brew yourself.

There are also so many fancy coffee creamers and flavorings available at grocery stores, soon you’ll be enjoying your homemade cup even more than store bought!

More Frugal: 12 Easy Ways to Save Money (2)

Flip and rotate your mattresses

A mattress can be a big investment. Take care of your investment by flipping and rotating it every three months to extend its life span. This is a great way to be more frugal.

Keep in mind that foam mattresses, like our Endy mattress can only be rotated. Most of the new foam mattresses can’t be flipped. But rotating it will still keep it in tip top shape!

Stockpile groceries

I’m a big fan of stockpiling. I believe that in addition to using coupons, stockpiling is one of the best ways that you can save money on your grocery bill each month.

Set aside a bit of money each month for stocking up on great deals that you know you will use. When those sales come around, pick up as many as you need and can afford, and add them to your stockpile so you can make it until the next great sale.

Use Less

It really can be as easy as simply using less. Use less hand soap, less laundry detergent, less dish soap and even using half a dryer sheet. You probably won’t notice a difference in how products like these perform!

Invest in energy efficient products

There are some things you should spend your money on, such as energy efficient products.

If you’re in the market for a new dishwasher, refrigerator, washer and/or dryer or chest freezer – take a look at the energy efficient models available. They may cost a bit more, but considering all the money they will be saving you in the future, they are well worth the investment.

Don’t forget about smaller energy efficient products, such as LED light bulbs. These do cost more than traditional incandescent light bulbs, but they last much longer.

Free download: The Ultimate Money Saving Guide.

Shop the Sales

Perhaps a no brainer, but there’s really no need to pay full price for most things. Sales always come along on groceries, electronics, cars, clothing, furniture and more. If you are planning a purchase anyways, make sure to purchase when it’s on sale. There’s no easier way to be more frugal!

Don’t use the Dryer

If you can, don’t use your dryer to dry clothes. Use a clothes line or drying rack instead. Not only will this save money on your utilities bill, but it will keep your clothes looking and feeling newer, longer!

Cook in Bulk

I love doing this! If I’m already cooking something that freezes well, I’ll make a big batch so I can freeze half or more. This not only creates an easy meal for a busy night, it helps me avoid the temptation of expensive take out. I like to do this with taco meat, spaghetti sauce, meatballs, shepherd’s pie, Chicken Pesto Pasta Shells and chili.

Cut off the ends of ‘Empty’ Tubes

When you think your hand cream is empty or your makeup is definitely gone, cut off the ends of the tubes or plastic bottles. You will be amazed to see how much is actually left!

Sign up for Rewards Programs

No matter where you live, most retailers offer some kind of rewards program. Some offer points that you can redeem for free products, some offer discounts and some offer cash-back. This can save you big bucks without really trying!

In Canada, my personal favourite rewards programs are:

Buy used

One way to save a ton of money this year, is to buy used for everything you possibly can. Do you need new clothes for your kids? Check out thrift stores in your area. Need a new couch? Facebook marketplace is great for that!

Being frugal does not mean you live a life of deprivation. You are simply being smart about the resources that you have and learning to love the simple pleasures in life.

What is one thing you are going to start doing today to be more frugal? Or what are some things you already do without thinking, that are frugal?

More Frugal: 12 Easy Ways to Save Money (2024)

FAQs

More Frugal: 12 Easy Ways to Save Money? ›

Sure, the world tells you to spend, spend, spend. But I'm here to tell you, there's a hidden luxury in living frugally, an unexplored path that leads to contentment. True luxury isn't owning more, but the freedom to enjoy life fully, unburdened by debt – that's the less-traveled path of frugal living.

How to live super cheap? ›

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 live extremely frugally? ›

  1. Frugal Living Homestead Style.
  2. Tips for Living Frugally+ Make a Budget. Spending Freeze. Sell Things You Don't Need. Don't Buy Things You Don't Need. Reuse and Repurpose What You Can. Make What You Can Yourself. Grow Your Own Food and Feed for Animals. ...
  3. Resources.
  4. Other Articles You May Enjoy.
Jan 5, 2024

How to be frugal but not cheap? ›

How can I be frugal without being cheap?
  1. Focus on the big picture. Don't worry about the little things. ...
  2. Don't be afraid to splurge on things you love. It's okay to spend money on something you really want if it's something you really want. ...
  3. Find ways to save money that are fun.
Aug 22, 2023

How to live frugally on one income? ›

Living on a one-income budget
  1. Assess your financial situation. Start by understanding your current financial status. ...
  2. List fixed expenses. ...
  3. Track changing expenses. ...
  4. Differentiate needs vs. ...
  5. Set financial goals. ...
  6. Create an emergency savings fund. ...
  7. Allocate for savings. ...
  8. Start a debt repayment plan.

How to live on under $1,000 a month? ›

  1. Lower Your Housing Costs. Housing might be your biggest expense, and, if you want to make a $1,000 a month budget work, getting that cost down can help. ...
  2. Get Rid of Your Car. ...
  3. Eat at Home. ...
  4. Negotiate Your Bills. ...
  5. Learn to Barter and Trade. ...
  6. Get Rid of Debt. ...
  7. Adopt a No-Spend Attitude. ...
  8. Find Free or Low-Cost Ways to Have Fun.

What is the cheapest thing to live in? ›

Here are 10 cheap housing alternatives to consider if you are looking to lower your housing costs.
  • RV.
  • Manufactured House.
  • Unfinished Space.
  • Become a Live-In Caretaker.
  • Rent Someone's Guest House.
  • House Boat.
  • Live-in Airbnb Property Manager.
  • Purchase a Duplex or Triple.

How to be frugal like a millionaire? ›

8 Frugal Habits That Will Make You a Millionaire
  1. Live Below Your Means.
  2. Never Pay Full Price.
  3. Cut Out Unnecessary Expenses.
  4. Rent or Sell Your Current Possessions.
  5. Leave the Cash and Plastic at Home.
  6. Don't Waste Money on "Get Rich Quick" Schemes.
  7. Go Green.
  8. Get a Side Gig.
Feb 28, 2016

What is the hidden luxury of living frugally? ›

Sure, the world tells you to spend, spend, spend. But I'm here to tell you, there's a hidden luxury in living frugally, an unexplored path that leads to contentment. True luxury isn't owning more, but the freedom to enjoy life fully, unburdened by debt – that's the less-traveled path of frugal living.

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.”

What is a comfortable income for a single person? ›

An individual needs $96,500, on average, to live comfortably in a major U.S. city. That figure is even higher for families, who need to earn an average combined income of about $235,000 to support two adults and two children.

What is the lowest income to live on? ›

States Requiring the Least Money to Earn a Living Wage

Rounding out the top five least expensive states to live are Oklahoma, Alabama, Kansas and Arkansas, all requiring less than $47,500 to earn a living wage.

How to live on very little money? ›

Tips to help you live below your means
  1. Create a plan for your money. The act of assigning a job for every dollar can be empowering. ...
  2. Automate your savings. ...
  3. Pay yourself. ...
  4. Live off one income if possible. ...
  5. Look for ways to lower your discretionary expenses. ...
  6. Reflect on your financial habits. ...
  7. Drive used. ...
  8. Pay less interest.
Jul 10, 2024

Is $1,000 dollars enough to live? ›

Living on $1,000 per month sounds impossible. For many, it might be. But it can be done with some strategic planning, intentional action and the ability to compromise. You won't be able to do everything you want to do when living on only $1,000 per month, but you can make it work.

How to live off very little money? ›

Tips to help you live below your means
  1. Create a plan for your money. The act of assigning a job for every dollar can be empowering. ...
  2. Automate your savings. ...
  3. Pay yourself. ...
  4. Live off one income if possible. ...
  5. Look for ways to lower your discretionary expenses. ...
  6. Reflect on your financial habits. ...
  7. Drive used. ...
  8. Pay less interest.
Jul 10, 2024

What's the least expensive way to live? ›

Cheapest ways to live: 7 Key tips
  1. Consider moving to a new location. ...
  2. Downsize your house. ...
  3. Think outside the box for housing solutions. ...
  4. Find a roommate. ...
  5. Ask to move home. ...
  6. Get work-covered housing. ...
  7. House-sit around the world.
Mar 7, 2024

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