Frugal Living Money Saving Must Haves (2024)

Ways To Save Money

Everyone is looking for that secret sauce. The perfect way to save money. Things to stop buying, money saving must haves or the perfect frugal living tips. Which is great!

How To Save More Money

You may read an article and think that tip will only save me $20 a month. But when you look at the big picture that works out to $240 a year which could put a good dent in some debt.

How To Save $50 A Week

Another tip may save you $50 a week, that’s $2600 in a year. That could be a nice holiday or and extra payment on your mortgage.

Frugal Money Saving Tips

Frugal tips and money saving ideas may seem small but they add up. And they add up big if you put a bunch together.

Money Saving Ideas

Simple, easy everyday money saving ideas include bringing your lunch from home, shopping sales, couponing, meal planning, budgeting and paying with cash. You are not limited to just these money saving tips. Anything you do that saves you money is a great money saving idea.

Best Way To Save Money

The secret sauce is figuring out what works for you and the best ways for you to save money. For our family it’s meal planning, decreasing our dining out and cutting the excess overspending.

Overspending

We were seriously overspending. You add up our over spending on groceries, dining out and all the excess and we were spending way too much money.

Tips To Saving Money

By changing the way we grocery shopped, decreasing the dining out, learning to meal plan and honestly looking at our spending we saved over $1500 a month easy. Discover just how we saved money each month.

Related Money Saving Posts:

  • How To Cut Your Grocery Bill In Half
  • Money Saving Meal Prep
  • 21 Things We Stopped To Save Money

Money Saving Must Haves:

A Budget

If you are wanting, needing to save money you need to have a budget. Whether it be an app or a budgeting binder you need to know where all your money is.

A Meal Plan

How many times have you gotten home and you have no idea what’s for dinner? You have nothing defrosted or prepped so you order take out or make sandwiches.

There is nothing wrong with sandwiches in fact ham and swiss is my favorite. But there is something counterproductive with ordering takeout when you’re trying to save money.

Investing in a good meal plan and building your weekly meals on what you have in house is a great way to save money.

Related Meal Planning Posts:

  • Simple Meals To Make Life Easier
  • Best Instant Pot Recipes

An Oven Lunch Box

Call me crazy but I really love this thing and it saves our family so much money. You can checkout what I am talking about here some great oven lunch boxes.

My husband works on the road or on a construction site 90% of the time so he is no where near a kitchen. A warm lunch or dinner during a 12-14 hour shift is a blessing over sandwiches.

It is super simple to use and worth the value. No more cold uneaten sandwiches. Soups, warm leftovers, stews, pastas and even pizza are great the oven lunch box. In fact his whole crew owns one.

Frugal Laundry Alternatives

Doing laundry can be expensive. You can save money by washing in cold water and using cheaper or DIY detergent. Another great way to save money on laundry is by hanging your clothes to dry. 35 amazing laundry hacks that will save you time and money.

In the summer you can set up an outdoor clothes line and during the winter an interior clothes drying rack is great. They even work in apartments.

A Great Coffee Machine And Portable Mug

If you’re a coffee drinker or tea drinker agreat coffee maker or tea kettle is a must have.

Skip the morning drive thru and the $5 coffee and bring your brew from home in a great travel mug. It could save you $1200 a year.

A Freezer

I’m a firm believer that every home should have a freezer. Not just for freezing leftovers or ice cream. A freezer can save you hundreds of dollars in grocery costs. Learn what you can freeze to save money.

A Thermostat Lockbox

When was the last time you agreed with the rest of the house on the right room temperature. Some people move the dial up, others move it down. All that movement costs you money.

Investing in a thermostat lockbox and finding balance can save you money. Stocking an extra blanket or two can help too.

Water Savers

I don’t know about you, but we pay for our water usage and it can get expensive. Investing in water saving shower heads, faucets and other devices can help cut your utility costs.

Money Education

Money smarts can help you save money day in and day out. Get ahead of the game. Invest in you. Invest in your future.

Great Appliances

Every kitchen needs a good blender, food processor, pots and pans. You will be more inclined to cook at home if you have the right tools.

Invest in a good set of pots and pans and an Instant Pot is a money saving must have.

Money Saving Apps

If you are looking to save money right now on your shopping you need to get the money saving app Rakuten. We have saved over $400 with this app on everything we buy online.

You can link your Rakuten app to your Amazon account and save more on everyday. I use it to save on groceries, diapers, clothes, makeup, toys and so much more. Give Rakuten a try and get a $10 bonus gift for free.

Dave Ramsey Money Saving

Start saving more money with the best Dave Ramsey money saving hacks. Tips and tricks that Dave Ramsey wishes everyone knew and would put to use.

Related Frugal Money Saving Tips:

  • 75 Super Frugal Money Saving Tips
  • Stop Living Paycheck To Paycheck
  • Secret Must Haves Of A Frugal Home
  • The Best Dave Ramsey Money Saving Hacks

Updated July 8, 2021

Frugal Living Money Saving Must Haves (6)

Frugal living Money Saving Must Haves

Frugal Living Money Saving Must Haves (2024)

FAQs

How can I save money when I am already frugal? ›

Ten Frugal Habits to Save Money
  1. Track Spending.
  2. Automate Your Savings.
  3. Save Loose Change.
  4. Compare Prices & Comparison Shop.
  5. Avoid Spending Triggers.
  6. Shop Second Hand.
  7. Save Windfall Income & Use a Spending Rule of Thumb.
  8. Institute a Waiting Period.

How to live extremely frugal? ›

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 can I live frugally but happy? ›

20 Ways to Live Frugally and Make Your Everyday Life Happier
  1. #1. Make a budget and stick to it. ...
  2. #2. Reduce your credit card debt. ...
  3. #3. Eat out less frequently. ...
  4. #4. Buy used items. ...
  5. #5. Buy in bulk. ...
  6. #6. Use a waiting period before buying. ...
  7. #7. When shopping online, use coupons and promo codes. ...
  8. #8. Choose generic products.

How to be frugal in 2024? ›

Focus On Only What You Need

According to Aclado, there are expenses that you can simply do without: “From subscriptions to doom spending on expensive items that not only can you absolutely do without, but also have more affordable substitutes in thrift stores.”

What is the 50 20 30 budget rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How to be extremely thrifty? ›

I should note that I do most, but not all, of these tips.
  1. Go with one car. Many families have two or more cars. ...
  2. Go with a smaller house. ...
  3. Go with a smaller car. ...
  4. Rent rather than own. ...
  5. Look for used first. ...
  6. Eat out less. ...
  7. Eat out frugally. ...
  8. Brown bag it to work.

What's the best example of frugal living? ›

What are some tips for being frugal?
  • Create a budget and stick to it. Being frugal begins with this tip. ...
  • Shop around for the best deals. Buy what you need from the first store you see, but don't just go to the first one you see. ...
  • Buy used instead of new. ...
  • Make your own stuff. ...
  • Repurpose and recycle. ...
  • Be patient.
Aug 22, 2023

How to live simple life and save money? ›

How to Save Money: 23 Tips
  1. Make a budget.
  2. Say goodbye to debt.
  3. Set a savings goal.
  4. Save money automatically.
  5. Buy generic.
  6. Meal plan.
  7. Cancel some subscriptions and memberships.
  8. Adjust your tax withholdings.
Apr 5, 2024

How to live without the need for money? ›

How to live off the grid with no money
  1. Do a work exchange. If you're new to the off-grid life, a great way to start is through Worldpackers. ...
  2. Join an off-grid community. ...
  3. Find low-cost or free land. ...
  4. Construct a cabin or tiny house. ...
  5. Grow your own food. ...
  6. Fish responsibly. ...
  7. Forage for edible plants. ...
  8. Collect and filter water.

How to save 10k in a year? ›

6 steps to save $10,000 in a year
  1. Evaluate income and expenses. To make room for saving, you'll need a meticulous budget that outlines all your sources of income and all your expenditures. ...
  2. Make an actionable savings plan. ...
  3. Cut unnecessary expenses. ...
  4. Increase your income. ...
  5. Avoid new debt. ...
  6. Invest wisely.
Apr 2, 2024

What is the difference between cheap and frugal? ›

A cheap person is someone who is extremely price-sensitive. They would go for the cheapest possible option regardless of the quality or value. They would prioritize saving money over getting some nice clothes or going out for experiences. Whereas a frugal person would try and maximize the value they get.

How to be frugal but not cheap? ›

Buy High-Quality Products. In addition to buying at the right time, be discerning about how you spend your money. Buying an expensive item that you'll use frequently could cost less overall than if you end up buying a series of cheaper goods that don't get as much use.

How to stop spending and shopping? ›

How to Stop Spending Money
  1. Know what you're spending money on. ...
  2. Make your budget work for you. ...
  3. Shop with a goal in mind. ...
  4. Stop spending money at restaurants. ...
  5. Resist sales. ...
  6. Swear off debt. ...
  7. Delay gratification. ...
  8. Challenge yourself to reach your new goals.
Apr 5, 2024

How to stop shopping and start saving? ›

Here are some ideas to help you stop spending money and build healthier financial habits:
  1. Create a Budget. ...
  2. Visualize What You're Saving For.
  3. Always Shop with a List. ...
  4. Nix the Brand Names. ...
  5. Master Meal Prep.
  6. Consider Cash for In-store Shopping. ...
  7. Remove Temptation.
  8. Hit “Pause"
Jan 19, 2023

How to be extremely cheap? ›

Skip spending more to elevate your status.
  1. Eliminate Monthly Subscriptions. ...
  2. Shop for New Insurance. ...
  3. Reduce Prescription Costs. ...
  4. Buy Used Items. ...
  5. Rent, Don't Own. ...
  6. Purchase at the Right Time. ...
  7. Buy High-Quality Products. ...
  8. Enlist Your Friends.

How do people save money fast? ›

Canceling unnecessary subscriptions and automating your savings are a couple of simple ways to save money quickly. Switching banks, opening a short-term CD, and signing up for rewards programs can also help you save money. Making a budget and eliminating a spending habit each day can help lead to long-term savings.

How do you save when you don't make enough money? ›

8 ways to save money quickly
  1. Change bank accounts. ...
  2. Be strategic with your eating habits. ...
  3. Change up your insurance. ...
  4. Ask for a raise—or start job hunting. ...
  5. Consider a side hustle. ...
  6. Take advantage of a credit card that offers rewards. ...
  7. Switch up your transportation habits. ...
  8. Cancel subscriptions you don't really need or use.
May 8, 2024

How can I save money without going broke? ›

You can learn more about apps that automate savings and decide if they're a good fit for you.
  1. Count your coins and bills. ...
  2. Get discounts on entertainment. ...
  3. Lower your car costs. ...
  4. Bundle cable and internet. ...
  5. Switch your cell phone plan. ...
  6. Reduce your electric bill. ...
  7. Lower your student loan payments. ...
  8. Cancel unnecessary subscriptions.
Mar 26, 2024

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