10 Easy and Cost Effective Ways to Live a Frugal Life

Are you finding that you are living paycheck to paycheck?

10 Easy and Cost Effective Ways to Live a Frugal LifeFor many people, it’s tough to live within your means and you often struggle to cut corners and save money. Maybe your children want the latest toys or your husband decided he really wanted Beats by Dr.Dre.

Whatever the case may be, now is a good time to start saving money and living a frugal life.

Now, this doesn’t mean saving every last drop of your shampoo (and then adding water to extend the life of your shampoo), it just means being more conscious of what you are buying and finding alternative ways to get the same thing at a lesser cost.

To help you get started, here are 10 frugal things you can do to save money!

1. Purchase a Deep Freezer

Okay, the first tip actually costs you money, but in the long-run you can save hundreds, even thousands of dollars a year.

If your space allows it, go get a deep freezer. This allows you to buy in bulk and buy food on sale.

And this comes in handy when you’re struggling one month. Your freezer can hold oodles of fresh vegetables, meat, casseroles, sauces and more. For many families, they can have enough food in their freezer and pantry for three months.

2. Check Amazon Before You Go Shopping

You may not realize it, but Amazon can have better deals than your local grocery store. You can probably find generic versions of products on Amazon, helping you save every week.

So make it a point to check Amazon first before you hit the shops!

3. Go Local

In the spring and summer, does your city have a Farmer’s Market? Take advantage of local produce and buy fresh local grown fruits and vegetables.

For one mom, $30 at the Farmer’s Market got her 10 ears of corn, a dozen peppers, 50 peaches and 40 tomatoes!

One more advantage is eating local helps you lose weight!

4. Know Your Grocery’s Policy on Wrong Prices

Did you know some supermarkets will give you a product for free if they put the wrong price on it?

Depending on what store you go to, you have the chance of getting products at a discount or for free.

One mom ended up getting coffee for free when a cash register rung up the wrong price. Stories like these happen all the time.

5. Learn Some Budget-Friendly Recipes

Did you know using a slow cooker saves you money? You can buy the cheapest and toughest meat, put it in the slow cooker with some liquid and vegetables and have a tender stew in hours.

Recipes like this and budget-friendly meals can help you stretch your dollar when you have many mouths to feed.

Make sure to check out Budget Bytes for more money-saving recipes!

6. Cut the Cable

Nowadays people get their entertainment online. From TV shows to movies and music, it’s easy to stream your favorite shows and watch them on your phone.

There’s no need now to even have cable on TV.

So, cut the cable and beef up your mobile data plan.

7. Turn Down Your Thermostat

This winter turn down your thermostat by 3 degrees. For every degree you set back, you end up saving 3% on your heating bill.

But, for many people, they just don’t do this. Why? Because when they come home from work, the house is cold. And what happens? People jack up the heat.

Instead, just layer up! Put on your comfy pants, sweatshirt and you’re good to go!

8. Clean and Organize Your Home

It’s true:

If you keep your house clean and organized, you won’t be spending money buying cleaning products to cut through the grime.

It also helps with when you go shopping too. When your house is clean you know exactly what you have and what you need. No more rebuying dishwasher liquid or toothpaste!

9. Make Your Own Cleaning Products

Save money by making your own detergent and cleaning products.

Simply using vinegar and soap can clean your whole house. And you can keep saving money by making your own laundry detergent.

Another benefit to making your own cleaning products is that it’s eco-friendly!

10. Repurpose and Restore

Instead of throwing away your furniture, why not repurpose and restore it? You can do this for all areas of your life. From making your own clothes to making your own gifts.

Get your craft on by making it a point to DIY it.

It’s Time To Live Frugally

With more and more people losing their jobs, living on a budget is a requirement. Use these 10 tips to get you started saving money and living a frugal life.

Over to you – what are you doing to live frugally?

 

2 thoughts on “10 Easy and Cost Effective Ways to Live a Frugal Life”

  1. This one puzzles me. 6. Cut the Cable

    Nowadays people get their entertainment online. From TV shows to movies and music, it’s easy to stream your favorite shows and watch them on your phone.
    There’s no need now to even have cable on TV. So, cut the cable and beef up your mobile data plan.

    Our cable company is our home Wi-Fi and home phone, and we use a LOT of data and have no limit because of being customers for 10 years. We often have 3-4 tablets/laptops online, someone gaming online, and a movie streaming to TV at the same time. Now how, exactly, do we cut that to phone data? Why would anyone want to watch a movie on a phone when you have a 50″ smart TV?

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