Frugal living helps you save money while living better. You get to spend money on things that matter the most to you. You can still live like a king while being frugal. We have 10 frugal living tips.
1. Eliminate Monthly Subscriptions
Most people are surprised at the number of monthly subscriptions they have. Many people have multiple streaming services, club memberships like the gym or shopping and/or gaming subscriptions. These fees add up over the year. Figure out the subscriptions that you don’t really use and eliminate them. If you never watch a movie on your streaming service or can shop somewhere else where you don’t need a club, get rid of it.
2. Shop Secondhand
You don’t have to buy all of your clothing or furniture brand new. There’s so many great gently used items available at thrift stores. Especially if you’re shopping for kids, they barely wear their clothing before growing out of it. Buying secondhand means you’re able to buy more of your favorite brands at a lower price. You can also find wonderful items through your local social media marketplace or at garage sales.
3. Travel Smaller
Luxury hotels and huge rental homes cost a pretty penny. You don’t want to spend all of your travel money on the venue. One little secret to amazing amenities and a cute little place is TinyAway house rentals. These rentals give you all you need on vacation on a smaller scale. Instead of staying in a cramped hotel room, you get to stay in an adorable tiny home in a fun location without emptying your wallet.
4. Choose Low-Cost Experiences
Find less expensive things to do with the family. There’s lots of less expensive things to do when you want to have fun. Head to the local park for a picnic, check out museums on discount days and find free attractions near you. Check out your favorite places’ social media for discounts.
5. Save Eating Out
There’s so many ways to save if you eat out. Restaurants and fast food places always run specials on certain days. You can even get free food for kids. Download your favorite places’ apps so you can find the best deals. Don’t buy alcohol because the drinks are usually priced high, so having two drinks runs up your bill.
6. DIY Projects
You can do things for your house and make things around your house without spending too much money. Wash your own car, paint your own masterpieces to hang and/or iron your own shirts instead of sending them to the cleaner. All of these little expenses add up. Find the things you can do around the house yourself so you aren’t delegating these duties to businesses.
7. Do Your Own Yard Work
Mowing the lawn and landscaping the yard not only saves you money, but also gives you a good workout. You can save hundreds of dollars by keeping up your own yard. You can find inexpensive yard equipment at local retail store sales or garage sales. You can also plant your own flowers or a garden to reap what you sow.
8. Sell Things You Don’t Use
Clutter adds up over the years. Get rid of your junk. You might have a collection of purses, a million golf balls or old toys just taking up space. Go through these things and think about what you really use. You can actually make a little cash on your junk as it is someone else’s treasure.
9. Swap Out Light Bulbs
A standard bulb uses a lot of energy and must be changed many times. Switch these out with LED light bulbs that use a fraction of the energy. They last for years, too.
10. Pay Down Debt
Debt costs you lots of money over time. Clear out your debts. Once these are eliminated, you don’t have to worry about them. It may seem like a chunk of change, but you’ll be happy when it’s all gone.
Living frugally can be done if you work hard at it. Make a point to follow these guidelines. Try out a few tips at a time as you figure out what works best for your family.