Ultimate Frugal Living Guide

18 Frugal Living Tips Guaranteed to Save You Money

  • Post author:Bob Haegele
  • Post last modified:April 2, 2024

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It’s a little bit crazy that, despite this blog getting close to its second birthday, I’ve never sit down to write an epic frugal living post tips.

My use of the word “epic” there is only half meant as a mockery of those who overuse said word. Because while I try to avoid clichés, this site definitely needs a mega frugal living tips post.

I mean, we’d all like to have a little bit more cash, right? Just like Smash Mouth once said, in their infinite wisdom, “we could all use a little change!”

And so, this post will be my ultimate frugal living guide to help you get a little extra change in your pockets.

Sure, making money online can sometimes be an even better way to improve your finances, but sometimes, saving money is just easier.

These days, so many people are looking for ways to save more money and live frugally. Dollar stores are increasingly becoming a staple as people look to stretch their pennies further.

If that sounds like you, then you are probably always looking for new ways to save money. And that’s what this post is all about. If you want to start living frugally, you need these ideas in your life.

So, what are the best ways to put frugal living into practice? That’s what we’ll cover here. With these frugal living tips, you can save money and reach your financial goals!

Why Do You Need Frugal Living Tips?

In the internet age, pretty much everything gets criticized in some form or another. I feel like you could save a puppy’s life and, nowadays, someone would still find something wrong with it.

That’s why, at a certain point, you have to ignore what people say or think and just do what’s best for you. If what you are doing makes you happy, then why does it really matter what anyone else thinks?

That is especially true for random people online.

For me, frugal living is not the same as being cheap. See, I consider frugal living to be similar to intentional living.

I often say I rarely buy things on an impulse, and that’s because I don’t. I often think for days, weeks, or even months if I really need that thing.

Of course, how long I think about it is in direct correlation to the price of the thing. But even then, I won’t spend $1 on something I have no need for. If I don’t need it, I don’t buy it!

Frugal living tips are important because they allow you to take control over your own personal finance. It can help you spend less, live a frugal life, and focus only on the things you really need.

But rather than being constantly at the mercy of a paycheck, you’ll be able to make financial decisions based on what you what.

And that is definitely important. That’s why you need my best frugal living tips!

Is Frugal Living Good or Bad?

Here’s a question: why does it have to be one way or the other?

I know humans like to feel validated by “fellow” humans, but what is so wrong with doing something because it’s what’s best for you?

Nay, I don’t believe frugal living is inherently good or bad. Frugality is a choice.

If you live in a country where you just so happen to have that choice, you should feel lucky! Not everyone enjoys such liberties.

My advice is to stop worrying about whether frugality is good or bad and to just do what works for you.

Doesn’t work for your neighbor, or your friend, or your in-laws? Who cares!? If it improves your quality of life, that’s all that really matters.

With that said, let’s dive right into my best frugal living tips!

1. Save Money by Getting Free Gift Cards

One of the best (and easiest) ways to save money is by getting free gift cardsOne way to do so is by completing surveys, but that is not the only way.

For instance, you can use apps that pay you to walk or get rewarded just for shopping online. And sites like Rakuten will reward you for shopping online by giving you cash back on your purchases.

Survey Junkie

In addition to saving money, you can improve your overall financial health by making some extra $. Survey Junkie is one of my favorite ways to earn a little extra cash.
Once you have your routing number, you can get paid easily via PayPal. Pretty sweet!

You probably won’t make a full-time income or anything like that, but this can be a nice way to earn a few extra dollars.

And all you have to do is give your opinion on things you already buy. Pretty simple, huh?

Survey Junkie is definitely a great way to earn extra money. But don’t take my word for it. It scores an excellent ratings of 4.5/5 from Trust Pilot, 4.3/5 from Google Play, and 4.5/5 from the Apple Store.

Read our Survey Junkie review to learn more.

2. Trim Unnecessary Expenses To Exercise Frugal Living

You’re going to have certain ongoing expenses, so why not save on them? With Trim, you can do just that.

Frugal Living Trim Banner

How it works: just link your bank and/or credit cards to Trim and the app will automatically find areas where you can save money.

Common areas include recurring subscriptions, your cell phone bill, and other utilities.
In fact, Trim negotiates your bills for you so you don’t have to do the heavy lifting. That is the best thing about Trim: it’s a hands-off, automated experience.
I even tried it myself: I had a call with Trim and they help me negotiate my own credit card debt! Yes, I hate to admit it, but I had a couple of late fees, and Trim helped me get them waived.
Trim saved users over $1,000,000 last month alone. 
I don’t know about you, but I hate when I realize I forgot to cancel a subscription. That’s why you need Trim – to be sure that doesn’t happen to you.
If you want to learn more, check out my review of Trim.

Monitor Your Credit With CreditKarma

In case you hadn’t heard, improving you credit score can actually save you money. 

How? Well, if you ever need to finance a purchase, you’re likely to have a lower interest rate if your credit score is better.

While you can check your credit score for free at Annual Credit Report, you can only check it once per year. However, if you sign up for Credit Karma, you’ll be able to check your credit score once per week!

That can really come in handy if you have a large purchase coming up, such as a house or a car.

3. Negotiate Prices When Possible

Negotiating prices is always a good idea because you have nothing to lose. Sure, it oftentimes won’t be possible, but it doesn’t hurt to ask.

Remember – no one is ever going to say no to your money (other than extreme cases). 

However, assuming you’re a reasonable buyer, the worst thing that can happen is the seller says they aren’t able to negotiate.

I often talk about the “big three expenses” – your housing, transportation, and food. While you probably can’t negotiate your food prices (let me know if you can!), you can usually negotiate the other two.

How To Negotiate

While there are many ways to negotiate, my favorite way is a simple, but effective strategy. If I am the buyer, I will offer to pay less than I’m hoping to pay.

For a simple example, let’s say I’m buying a car with a $20,000 sticker price. If I’d like to pay $18,000 for the car, I might offer to pay $16,000.

Why? Because counter-offers are usually common in negotiation.

If I’m lucky, the dealer might offer the car at $18,000 – or he might even offer it for less!

However, if I had offered $18,000, the dealer might counter-offer with a $19,000 price. If that happens, I have little to no chance of getting the car for the price I wanted.

While this tactic doesn’t always work, it’s always worth trying.

4. Frugal Living Tips: Have a Plan When Grocery Shopping

Having a plan when grocery shopping is always a good idea. Not having a plan when you shop can not only result in spending more money, it can also lead to buying less healthy food.

The grocery store is actually laid out in a very specific way. For example, dairy and eggs are usually at the back of the store because people often go to the store specifically to buy those particular items.

However, having them at the back of the store means you’ll be forced to walk past many other oh-so-tempting items.

There are also other things, like impulse buys such as sodas and candy bars at the front of the store. This is done very much intentionally in hopes you’ll buy them on a whim.

This illustrates the importance of having a list and sticking to it. By doing so, you’ll not only save money, you’ll also avoid buying those unhealthy impulse buys.

5. Use Ibotta To Get Cash Back On Groceries

According to the Bureau of Labor Statistics, the average American spends about $3,000 per year dining out. That works out to about $10 per day!
Of course, food is never going to be free, but it can be much cheaper if you cook your own meals. Meal planning can save you SO much money as well.
So, if you do cook often (and you should!), then using Ibotta is pretty much a must. Ibotta lets you get cash back on all of the groceries you were already buying.

All you have to do is scan your receipts into the app using your phone’s barcode scanner. Once you do, you’ll get cash back on your groceries (assuming your store is a participating retailer).
There are over 275 participating retailers and you can get real money as soon as you have at least $20 worth of cash back. You can also get gift cards if you prefer.
Check Ibotta’s complete list of retailers to find out if your store is a partner.

6. Buy Used Items Instead of New

My recommending used is nothing new (ba-dum tsh!) But there is a reason for that. Buying used can save you a ton of money in the long run – especially nowadays.
And you can buy almost anything used. Some places to look for used items include:
  • Thrift Stores
  • Craigslist
  • eBay
  • Facebook Marketplace
  • Garage Sales/Estate Sales/Flea Markets

Most electronics aren’t moving as fast as they used to, which means buying last year’s model isn’t so bad. The biggest drawback to buying used is probably availability.

When buying used, you can’t always go out and buy exactly what you want. Instead, you sometimes have to be on the lookout for things you may want, and you may or may not always be successful in finding it.

It depends on what you’re buying, though. If you’re buying something popular, such as an iPhone, it will be easy to find last year’s model on eBay.

7. Take Advantage of Your Local Library

If you live anywhere near a library, you should definitely be taking advantage of it! Libraries are a fantastic resource if you’re trying to find ways to spend less.

If you don’t have a library card, you should get one ASAP.

Frugal Living Tips Local Library
Visiting your local library is the perfect way to start living a frugal life.

Plus, if you use free books apps, you can also make the decision to avoid physically visiting the library if you prefer that.

However you decide to get your dose of reading, using your local library will definitely help you life a more frugal life.

8. Buy Discounted Gift Cards on Raise

Did you know there are sites where people actually sell gift cards for less than their face value? It’s true. Sites like Raise let you buy and sell gift cards, and oftentimes you can get them at a discount!

Sound too good to be true? It’s not, if you think about it. It’s easy to understand, especially if you celebrate the holidays.

Sometimes people get gift cards for stores they never visit. Or, sometimes, people are just in a pinch and need to sell something to get quick cash.

Whatever the case may be, Raise can help you save money on places you would have shopped anyway.

As an added bonus, if you’re working on a credit card sign-up bonus, you can use this trick to help meet your minimum spend. Sometimes, you gotta be creative.

Join Raise now to start saving!

9. Cut Back on Meat Consumption

I realize this isn’t something many people want to hear and that the US (among other countries) sees meat as non-negotiable, but that simply isn’t true.

And notice how I didn’t say “eliminate” meat consumption. Less is generally more, but that doesn’t mean you have to eliminate meat completely. Any amount of reduction is going to benefit your budget.

What most people worry about when cutting out meat consumption is protein. But there are plenty of non-meat sources of protein, and they are just about always cheaper. These include eggs, cheese, tofu, beans and rice, and quinoa.

Not only are these sources of protein cheaper, but they can be healthier, too. Plus, they are better for the environment. Save money, be healthier, and reduce your environmental impact. Win, win, win!

10. Look for Restaurants with Discounted Kids Menus

If you have a large family, home-cooked meals are almost certainly the cheapest option. However, that won’t always be realistic.

If you find yourself eating at a restaurant with the kids, look for the kids menu. It will always be cheaper, and kids eat free at some restaurants.

11. Buy Store-Brand Products When Possible

Opting for the store brand is one of my favorite ways to save money. This of course applies mostly to grocery shopping. While it’s true that not every generic item is going to be the same, many of them are.

For example, I usually find that things such as store-brand cereal and medication are no different than their brand-name counterparts.

On the other hand, I have found other items, such as toilet paper, tend to be lower quality when buying the store brand. In other words, there is a trial-and-error process of finding which store-brand items are the same as brand-name.

12. Earn Cash Back with Dollar Dig

Never heard of Dollar Dig? Not to worry – I’ve got you covered. Dollar Dig is an online marketplace that lets you earn cashback on any purchases you make.
Most items you buy will earn you anywhere from 3% cashback to 13.5% cashback! Not to bad if it was something you were going to buy anyway.
And this is not just limited to a few selected items. Nearly every item and every item and every retailer imaginable is part of the program.
This includes products from retailers such as Walmart, eBay, Adidas, The Home Depot, and many, many more.

Sign up for Dollar Dig and get $2.50 just for joining!

13. Frugal Living Means Avoiding the “Upgrade Cycle”

Have you noticed that stores are always trying to get you to upgrade your stuff? Cell phone retailers are especially known for this.
They’re always trying to get people to upgrade by with tactics such as trade-ins and interest-free payment plans. But, obviously, it’s always going to be cheaper to simply pass on these tempting offers.
And the fact of the matter is that phones aren’t improving at nearly the same speed as they used to. When smartphones were a new thing, every year, the next phone would be twice as fast as last year’s model.

But that simply isn’t the case anymore. This is not to say devices aren’t still improving, but there is no longer a drastic improvement from one version to the next.

14. Buy Frozen Produce and Avoid Pre-Cut 

Frugal living frozen produce

Another easy way to save money is to buy frozen produce. Frozen foods are often stigmatized as if they are somehow inferior, but the reality is that that just isn’t true.

You might notice advertising campaigns such as Wendy’s “fresh, never frozen” trucks. Fresh is good, but there’s nothing wrong with frozen!

It mostly depends upon how quickly you plan on using it. If you plan on using it right away, there’s no need for frozen. But anything that might take more than a few days to use up would be good to buy frozen.

When it comes to fruit, stores will usually charge more for pre-cut fruit. While convenience can be nice, pre-cut is more expensive, and there isn’t much work to be done there.

Next time you see these things, don’t just buy whatever is in front of you. Be intentional about how you spend your money!

15. Re-Purpose Items That Are No Longer Good

I don’t give a lot of DIY tips, but re-purposing items can be a fantastic way to save big. There are almost an unlimited number of ways to do so.
Sometimes it takes a little creativity, but it can be totally worth it.
I’m sure you’ve seen soup cans used as pencil cups. In my house, we used to use old t-shirts as rags. I usually keep my old cell phones as a backup.
Of course, you can get a lot more creative. Just think – if you’re going to throw something out, is there something it can be used for instead?
This isn’t just a great way to save money – it’s also a great way to be frugal while saving the environment.

16. Get Rid of Things You Can’t Salvage

While I advocate for reusing items when possible, and just buying less in general, I realize that isn’t always possible.

Obviously, there are going to be some things you will never reuse, like used toilet paper (ick!).

But even then, you might have other things that aren’t necessarily disposable, but no longer need them – nor can you find another use.

To use the electronics example again (since they can still become outdated quickly), say you have an old pair of desktop speakers. Those may not be easy to re-purpose – so what do you do with them?

Rather than simply throwing them in the trash, I would recommend letting someone else get a second use out of them.

But since this post is about improving your finances, don’t just give them away. Instead, use an app like Declutrr and earn a bit for your items. Every little bit helps!

17. Take a Hike

Literally. In our consumerist society, everyone thinks you have to go to the bar or the movies or a restaurant all the time.

While there is nothing wrong with doing so, it seems we sometimes forgot how much we can do while spending very little.

But getting outdoors can not only be cheaper – it can also be a great source of exercise. Not to mention being therapeutic and a great way to “unplug.”

Of course, it’s easier to do things outside during the warmer months, but there are so many outdoor activities that don’t cost a dime.

Others may cost a bit up front, but cost little to nothing on an ongoing basis.

Think about it:

  • Hiking
  • Bike riding
  • Play a game of catch
  • Go camping

These are just a few ideas, and I’m sure you can find plenty of lists with hundreds of them. But you get the idea.

18. Always Have An Emergency Fund

Stuff happens. Cars break down. Health issues come up. People lose jobs.

While we may like to think these things will never happen, they are unfortunately inevitable. And it’s better to be prepared than just hope for the best.

That’s where an emergency fund can help. Having 6-8 months of expenses saved will help insulate you from these inevitable issues.

That may sound like a lot, but you don’t have to save it all at once. Instead, save a little bit each time you get paid until you have enough.

And don’t just put that money in a regular bank account. I prefer a high-yield savings account such as Ally’s Online Savings Account.

Quick Summary of Frugal Living Tips

Whew! That was a lot! Let’s quickly recap all of those frugal living tips.

1. Save money by getting free gift cards – getting free gift cards is a great way to save money.

2. Trim unnecessary expenses – use Trim to lower or even totally eliminate certain expenses.

3. Negotiate prices when possible – such as when buying a house or a car.

4. Have a plan when grocery shopping – don’t just buy random items. Have a list and stick to it.

5. Use Ibotta to get cash back on groceries – if you’re going to buy groceries, you may as well use Ibotta to get cash back on them.

6. Buy used items instead of new – there are countless items you can find used. Where possible, look for used before considering new.

7. Use your local library – this is a great free resource.

8. Buy discounted gift cards on Raise – Raise lets you buy them for places you were already going to spend money.

9. Cut back on meat consumption – like it or not, meat is expensive. Opting for planet-based alternatives is cheaper, plain and simple.

10. Look for restaurants with discounted kids menus – or if kids eat free, even better!

11. Buy store brand products when possible – store-brand groceries are always cheaper – often at the same quality as brand-name.

12. Earn cash back with Dollar Dig – Dollar Dig lets you buy thousands of items you already buy and earn cash back on them.

13. Avoid the “upgrade cycle” – we’re constantly pressured to upgrade to new devices when the ones we have are totally fine. Just don’t.

14. Buy frozen produce and avoid pre-cut – frozen is cheaper; pre-cut isn’t. But there’s nothing wrong with frozen foods. Buy frozen if you won’t use it right away.

15. Re-purpose items that are no longer good – there are lots of ways to re-purpose old items. Get creative!

16. Get rid of things you can’t salvage – if you can’t get rid of it, consider using an app like Decluttr rather than just throwing it out.

17. Take a hike – do something outdoors, rather than indoors, to avoid overspending on entertainment.

18. Always have an emergency fund – stuff happens. It’s better to be prepared when it does.

If you want to start saving money and live a more frugal lifestyle, these frugal tips should put you on your way! What are your favorite frugal living tips?

Let us know in the comments what frugal living tips you have.

Need money managing tips? Check out this post for how to be frugal and budget your money.
These money saving ideas will help you with budgeting money and getting your finances in order.
These finance tips for saving money will help you have more money left over at the end of the month.

Hey there. My name is Bob Haegele and I'm a personal finance writer who has been freelancing since 2018. Since then, I've built a six-figure career as a freelance writer. My work has been featured in Business Insider, Forbes Advisor, TIME.com, USA Today, and many other outlets. Interested in starting a blog of your own? Check out my post on starting a blog.

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    I’d like to find out more? I’d want to find out more details.

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