6 Frugal Living Tips Anyone can Implement

by - Thursday, April 26, 2018

When you're trying to be smart financially, saving money can be a challenge. Whether it's cutting back on your lifestyle or just making smarter choices with your everyday purchases, you can turn yourself into a frugal spender easily. If you're new to saving money or just want some tips to help you along the way, try these simple tips to save a bundle.

1. Sign Up for Samples

Free is always great and you can get free samples from a variety of sources. Coupon sites, blogs, and even manufacturers will offer discounts or freebies for any number of products. You can find tons of free deals online without having to leave your home. Many of these websites let you sign up and will alert you when a free product is available so use this option to avoid spending any money.

2. Buy Used

Although this advice doesn't work for everything, many of the things you buy can be purchased gently used and you probably won't even know the difference. Look at electronics that may be only a year old but have a discount of 50% or more. Many websites or local thrift stores have great deals on clothing, electronics, housewares, and more. Browse these areas when you need to make a purchase.

3. Avoid Eating Out

This change to your lifestyle is one of the biggest money saving tips you can take, especially if you tend to eat at restaurants regularly. Most people spend over $2,000 each year eating out and even fast food can add up. Do some meal prepping for the week and you'll save a lot while also making healthier choices in most cases. Save eating out for special occasions.

4. Avoid Impulse Shopping

Many people love going to stores and just browsing, but you're probably going to end up with items that you don't need. When you need to shop for new clothing or other items, make a list of what you need and then stick with that list. Many people find that shopping online can prevent impulse buys so use this tip if needed.

5. Lose the Cable

When you pay for cable television, you can add a lot to your monthly expenses. If you can, just pay for internet and see if making the switch will save you money. Since some companies bundle their services, you may not save money. However, reducing the services you pay for each month can add up over time.

6. Find Free Entertainment

When you want to enjoy a night out or just have some fun, look for free events in your area. Cities often have free movie nights, outdoor theatre and concerts, or other events throughout the year that are free or low-cost. Your local library likely has movies you can check out instead of renting.

These six tips are a great way to save money each month and avoid how much you spend on things that you don't really need. Use one or all of these tips and you'll notice a difference over time.

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