Frugal Living: 53 Ways You Can Start Today
Frugality is the simplest, quickest way to improve your finances. When compared with increasing your income, living frugally is
You don’t need special training, knowledge, or tools to save money. Simply pick a tip and get started TODAY!
For example: do you still read that magazine? Could you get away with less mobile data? Revisit your expenses annually (at minimum) plus anytime your needs or life situation changes.
Regularly revisit recurring expenses
Shop around and get new quotes
Every year or so, shop around and get two to three new quotes on your recurring expenses. Switching to a competitor or taking advantage of promotions could save you hundreds.
Mention how long you’ve been a customer, then negotiate for a discount or get them to meet (or beat) a competitor’s rate.
Ask for loyalty discounts
Pay annually (or all upfront) instead of monthly
Some billers offer a discount to customers who pay their bill once a year or all upfront versus monthly.
Maximize your spending by paying with a rewards credit card. Even better—use a card that offers higher-earning categories. (For example, groceries, gas, restaurants.)
Pay with a credit card
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