Frugal living tips to make more money: Do you ever feel like you’re not making enough money? Like no matter how hard you try, it just feels like you can never seem to get ahead.
If that’s the case, have no fear, because today we’re going to be sharing 20 frugal living tips from the great depression that will help you make more money. By following these tips and putting them into practice, you’ll be well on your way to achieving your financial goals in no time! So what are waiting for?
Let’s get started! But before that, be sure to check out the #1 way to make money online this year.
Start a side hustle to make extra money on the weekends or evenings
Frugal living is all about making the most of what you have. And one of the best ways to do that is to start a side hustle. A side hustle is a small business that you can run in your spare time, without quitting your day job.
That means you can make extra money on the weekends or evenings, without having to sacrifice your current lifestyle. And frugal living tips can help you get started.
For example, you can start by looking for opportunities to save money on your overhead costs. Then, once you’ve got your business up and running, you can focus on frugal marketing strategies that will help you attract customers on a shoestring budget.
With a little effort, you can quickly start raking in the dough – without breaking the bank.
Negotiate a Better Price on your Cell Phone Plan
As frugal living tips go, negotiating a better price on your cell phone plan is a great way to save money. While it may seem like a daunting task, with a little research and preparation, you can be well on your way to a lower monthly bill.
Start by taking a look at your current usage – how many minutes do you normally use in a month? Do you frequently exceed your data limit? Once you have a good understanding of your usage patterns, you can begin to compare plans from different providers.
When you’re ready to start negotiating, remember to be polite but firm. Be prepared to explain why you deserve a lower rate, and be willing to walk away if the provider is unwilling to budge. With a little effort, you can attain a cell phone plan that fits both your needs and your budget.
Cancel unused subscriptions
Frugal living is all about making the most of your resources and finding ways to save money. There are a lot of unusual frugal tips out there, but one that is often overlooked is canceling unused subscriptions.
Whether it’s a gym membership that you never use or a magazine subscription that you no longer read, getting rid of unused subscriptions can help to free up some extra cash. Not only will you save money on the subscription itself, but you’ll also avoid late fees and other penalties that can add up over time.
So if you’re looking for ways to cut costs, canceling unused subscriptions is a great place to start but having a $50/hour job is better, right?
Downgrade to a less expensive cable package
There are a lot of frugal tips to save money out there, but one that can have a big impact is downgrading your cable package. If you’re paying for a premium package with hundreds of channels, chances are you’re only watching a handful of them.
Instead, downgrading to a basic or standard package can save you a significant amount of money each month. You may even find that you don’t miss the extra channels that you were paying for.
Plus, with all the streaming options available these days, you can still watch all your favorite shows without overpaying for cable. So if you’re looking to save some money, downgrading your cable package is definitely worth considering.
Best Frugal Living Tips: Bring lunch from home instead of eating out
One of the best ways to save money is to brown bag your lunch instead of eating out. Not only will you save money on the cost of your meal, but you’ll also avoid the temptation to splurge on dessert or an expensive coffee.
If you’re short on time, there are plenty of frugal recipes that can be made in advance and frozen for later. And if cooking isn’t your thing, there are plenty of healthy options available at your local grocery store. So next time you’re tempted to eat out, remember that brown-bagging is a frugal way to save money.
Use public transportation or carpool when possible
Frugal living is all about making the most of your resources and stretching your budget as far as it can go. For singles, this often means finding ways to save on transportation costs. After all, maintaining a car can be expensive, and frugal singles know that every penny counts. One of the best ways to save on transportation costs is to use public transportation or carpool when possible.
Not only will this save you money on gas and vehicle maintenance, but it will also help you reduce your carbon footprint. So next time you need to get around town, remember to take the frugal option and hop on the bus or carpool with a friend. Your wallet (and the planet) will thank you for it.
Shop at thrift stores and garage sales for clothes and household items
One of the best ways to save money on clothes and household items is to shop at thrift stores and garage sales. Thrift stores typically sell gently used items for a fraction of the retail price, and you can often find great deals at garage sales as well.
If you’re looking to save even more money, you can try daily frugal living techniques like only shopping for clothes when you need them, or only buying household items when they’re on sale. By being smart about your shopping, you can keep your budget in check and still get the items you need.
Frugal Living Tips for Seniors: Sell Unwanted Belongings
Most people have at least a few items around the house that they no longer need or use. Instead of letting these items take up space, many people choose to sell them online or at a garage sale. Not only does this declutter the home, but it can also be a great way to make some extra money.
When selling online, there are a number of different platforms to choose from, such as eBay, Facebook Marketplace, and Craigslist.
Each platform has its own advantages and disadvantages, so it’s important to do some research before deciding where to list items. Garage sales are another option for getting rid of unwanted belongings. This can be a great way to clear out a lot of items at once, and it’s usually relatively easy to set up.
However, garage sales can be weather-dependent, so it’s important to have a backup plan in case of bad weather. Overall, selling unwanted belongings is a great way to declutter the home and earn some extra cash.
Clip coupons and compare prices before making purchases
One of the best frugal tips to save money is to clip coupons and compare prices before making purchases. This simple step can help you avoid overspending on items you may not need. By taking the time to find coupons and compare prices, you can ensure that you are getting the best possible deal on the items that you do need.
Additionally, this process can help you to become more mindful of your spending habits and learn how to better allocate your resources. As a result, you may find that you are able to save money in the long run by taking a few extra minutes to Coupon and compare prices before making purchases.
Rent out a room in your house on Airbnb or Couchsurfing
Looking to save some money on your living expenses? Why not try renting out a room in your house on Airbnb or Couchsurfing?
Both platforms offer an easy way to list your space and set your own price. And with millions of users worldwide, you’re sure to find someone looking for a place to stay. Just be sure to screen potential guests carefully and set clear rules about the use of your home.
With a little effort, you can easily offset some of your monthly costs by renting out a room in your house.
Invest Money Wisely – Best Frugal Living Tips
As people age, it becomes increasingly important to invest money wisely. One way to do this is to invest in stocks, mutual funds, ETFs, or learn a new way to make money, etc.
These investments can provide a steady stream of income, which can be helpful in retirement. Additionally, they can offer the potential for capital gains, which can provide a financial cushion in retirement.
However, it is important to remember that all investments carry risk. Therefore, it is important to consult with a financial advisor before making any investment decisions. By following these frugal living tips for seniors, people can ensure that their money is working for them and that they are prepared for retirement.
Make your own detergent, soap, and other household products
In today’s economy, extreme frugal living tips are more popular than ever. One way to save money is to make your own household products.
Detergent, soap, and other cleaning supplies can be easily made at home with a few simple ingredients. For instance, dish soap can be made by mixing one part castile soap with four parts water.
Add a few drops of essential oil for scent and you’re all set. Laundry detergent can also be homemade with a little bit of effort. Borax, washing soda, and grated bar soap can be combined to create a powerful cleaning solution. With a little bit of creativity, it’s easy to save money by making your own household products.
Frugal Living Tips with a Big Impact
If you have even a small amount of space, you can start growing your own food. Herbs can be grown in pots on a windowsill, and tomatoes can be planted in a few square feet of the backyard. If you have more space, you can plant a larger garden with a variety of fruits and vegetables. Even if you only have room for a few plants, you can still enjoy the taste of fresh-picked produce.
In addition to saving money, growing your own food can also help you eat healthier. Store-bought produce is often treated with pesticides and chemicals, but homegrown fruits and vegetables are natural and organic. You can also control how much salt or sugar you add to your food when you grow it yourself. Fresh fruits and vegetables are not only delicious, but they are also an easy way to eat healthy on a budget.
Repair things instead of Buying New ones
One of the best frugal living tips is to repair things instead of buying new ones. This can save you money in the long run because you won’t have to keep buying new items as they break. Instead, you can invest in quality items that will last longer and won’t need to be replaced as often.
Plus, repairing items can be much cheaper than buying new ones, so it’s a great way to save money. To get started, take a look around your home and see what needs to be repaired. Maybe your washing machine is on its last legs or your sofa is starting to show its age. Whatever it is, don’t just throw it away and replace it with something new.
See if you can find a way to repair it and extend its life. You’ll be glad you did when you see how much money you save in the long run.
Take advantage of Free Entertainment
Where are you from? Well, I’m in Australia and UK. This is one of the frugal living tips in Australia and the UK.
It can be easy to get stuck in a rut, especially when it comes to entertainment. It can be tempting to just stay home and watch TV or surf the internet, but there are often free or inexpensive events happening right in your own city that can provide a much more enriching experience.
For example, many cities host free concerts in the park during the summer months. You can also usually find art galleries or museums that offer free admission on certain days of the week. And if you’re looking for something a little more active, there are often public parks and hiking trails that are open to everyone.
Taking advantage of these free entertainment options is a great way to get out of the house, explore your city, and maybe even meet some new people.
Make use of library resources
There are many ways to save money, and one of the best is to use the resources available at your local library. Libraries offer a wealth of books, movies, and music that can be borrowed for free, and they also provide internet access that can help you save on your home internet bill.
You can even find youtube videos with frugal living tips at some libraries. So next time you’re looking for ways to save, be sure to visit your local library and take advantage of all it has to offer.
Unusual Frugal Tips: Brown Bag
For many of us, buying lunch every day is a convenience that we’ve come to take for granted. But if you stop and think about it, packing your own lunch can save you time, and money, and even improve your health. For starters, when you pack your own lunch, you have control over what goes into it.
That means you can make sure you’re getting the nutrients you need, and avoid unhealthy foods. It also means you can cater to any special dietary needs you may have. In addition, packing your own lunch saves you money compared to buying lunch out every day. And it’s more convenient than you might think – with a little planning, you can easily pack a healthy and delicious lunch that will keep you going until dinner time.
So next time you’re tempted to buy lunch, remember the benefits of brown-bagging it and save yourself some money and some hassle in the process.
Freeze Leftovers not Throwing
One of the best ways to save money on groceries is to use leftovers. Instead of throwing out leftover food, freeze it for future meals. This daily frugal living tip can help you save a lot of money over time. Not only will you waste less food, but you’ll also have quick and easy meals on hand when you need them.
Simply take your leftovers out of the freezer and reheat them whenever you’re in the mood for a tasty meal. You’ll be surprised at how much money you can save by following this simple tip.
Delay Major Purchases to Make Money
Another best frugal living tip is to delay major purchases until you have saved up enough money to pay for them in cash. Loans and credit cards can lead to debt and high-interest charges, but if you wait to make a large purchase until you have the money on hand, you can avoid these costly traps.
In addition, delaying a purchase can give you time to consider whether you really need the item or if it would simply be a luxury. This extra time can also allow you to compare shops and find the best deal on the item you want, rather than impulsively buying the first thing you see. By following this simple tip, you can save yourself both money and headaches down the road.
Shopping with Cashback Websites/Apps
Using cashback websites and apps is a great way to save money on your online purchases. By signing up for a cashback site, you can earn money back on your purchase from select retailers.
When shopping online, simply go to the retailer’s website through the cashback site, and then make your purchase as normal. The cashback site will track your purchase and give you a percentage of the total back in the form of cash or points. You can then redeem your cashback earnings for gift cards or PayPal payments. Some popular cashback sites include Ebates and TopCashback.
In addition to saving money, using cashback sites is also a great way to earn extra money. If you are strategic about your online shopping, you can easily earn hundreds of dollars in cash back each year. So if you’re looking for frugal tips to save money, be sure to sign up for a cashback site before making your next online purchase.
Conclusions – Frugal Living Tips.
Making small tweaks in your spending habits can have a large impact on your overall financial picture. If you’re looking to save more money and make wise decisions with your finances, following these 20 frugal living tips is a great place to start. And for more personalized advice and support, be sure to subscribe to our newsletter and our YouTube Channel for more frugal living tips – it’s packed full of finance updates and budgeting tips to help you improve your financial health!