I always refer to myself as frugal by nature. But, over the years I have fallen off the wagon a time or two. Like the time I had a $500 car payment.
Hmm..but we aren’t here to talk about that today.
Today, I am here to share some of my favorite tips for living a frugal lifestyle. Because I am (mostly) frugal by nature, I sometimes forget that other people don’t always live (or think) the same way and I neglect to share the knowledge that has helped me stay on budget and get out of debt. Some balk at the idea of pinching pennies, but pennies added together turn into dollars. And who doesn’t need a few more dollars in their pockets?
Can I get an Amen?
If you need a few extra coins in your pocket check out these frugal living hacks and try a few (or all of them) for yourself. I guarantee that you will see savings right away.
31 Frugal Living Hacks That Will Save You Thousands
1. Pack your lunch for work…most days I pack my breakfast too. It helps to prep the night before- so you are not only saving money but saving time.
2. Buy generic. I do some casual couponing but I save much more money by being willing to try some generic items. Some things I don’t compromise on..I don’t do generic cereal or Poptarts. I have to draw the line somewhere
3. Increase your insurance deductibles (home owner’s insurance, car insurance). Higher deductibles means lower premiums. This is a great move, assuming that you have comfortable savings to pay the higher deductible if you actually need to file a claim.
4. Invest in a deep freezer and stock up on sales when possible.
5. Avoid purchasing ‘dry clean only’ clothes. Also, keep in mind that many ‘dry clean only’ clothing can be washed in your washing machine on the gentle cycle.
6. Go on a stay-cation in your own town or in a nearby city. We don’t always have to go to an exotic (expensive) island to enjoy travel. (Although that does sound nice…the island part, not the expensive part).
7. Get rid of cable…ok so I just got rid of mine last month but it’s definitely worth it. There are so many options available these days. We have an Amazon fire stick and Sling TV.
8. Start meal planning. Begin with a week at a time so that you don’t get overwhelmed.
9. Shop your pantry. If you are like me I’m sure you have a ton of food in your pantry but still continue to grocery shop regularly- passing by perfectly good items in your cabinets and pantry each week. Challenge yourself to use up your pantry stash every few months, buying only what you absolutely need form the grocery store and then replenish as needed. This will also help ensure that you use up items before they expire.
10. DIY your beauty services– I do my own manicures, pedicures, hair, eyebrows. There is no excuse these days…YT videos, pinterest…there are limitless ideas and possibilities. Every now and then I go to the spa, and I enjoy it more because I consider it a rare treat.
11. Unsubscribe from store emails. Who needs new temptations every time you look in your inbox?
12. Multi-purpose your items. This is one of my favorite frugal tips! Use products like Dr. Bronner’s Castille soap for dishwashing liquid, shampoo, face wash, hand soap, surface cleaner, shave gel…the list goes on and on. The packaging even tells you how to dilute for different uses.
13. Use reusable, washable wipes for spills in your kitchen instead of paper towels.
14. Shop off-season for your clothing and for kids’ clothing. I have paid $5 for winter coats and boots just after the winter season ends because stores are looking to clear their shelves to make room for new season inventory. If buying for the kids, remember to buy one size up to account for growth spurts!
15. Shop your closet for a couple of months. Commit to not buying anything new while creating ‘new’ outfits out of your existing wardrobe.
16. Sell or swap unused household and clothing items.
17. Take advantage of free activities in your area. Be on the look out for free events at the local library, free plays at community theaters, or free concerts at local parks.
18. Switch to cash. Studies show that we tend to spend less when we use good, old-fashioned greenbacks.
19. Save your loose change in a jar. Count it up at the end of the year and use it on a ‘splurge’ purchase or start an IRA with it.
20. Do a month-long no spend challenge. A no spend-challenge is a great way to reset your spending habits. If a month seems too daunting, start with a week.
21. Not ready for a full-blown no spend challenge? Start with a no spend day or week
22. Look up kids eat free offers at area restaurants.
23. Use refillable water bottles in order to cut back or eliminate bottled water purchases.
24. Minimize impulse purchases by instituting a waiting period before buying. Add the item to a wish list and re-visit it in 72 hours.
25. Cancel your gym membership and work out at home.
26. Renting a car? Skip the extra insurance. Your regular policy probably covers you. Be sure to check first before opting out!
27. Avoid prepackaged convenience foods at the grocery store. Instead of pre-packaged salad, grab a head of lettuce, a cucumber, and a tomato. It will taste better and will not spoil as fast.
28. Unplug unused appliances when you leave the house.
29. Drink more water.
30. Renegotiate your cell phone plan and avoid the temptation to upgrade just because you can.
31. Batch cook when you have time and freeze the rest for easy, quick meals on busy days.
Now, it’s your turn! What’s your favorite frugal living hack?