13 Frugal Tips to Save You Time and Money! (2024)

There are many ways to live a greener and more frugal life.

Whether you’ve tried a number of things before or looking for ideas on how to get started, we are sharing our best frugal tips to help you save time and money!

After all, time is money!

13 Frugal Tips to Save You Time and Money! (1)

Plastic Bottles: We use plastic bottles to drink water and, in most of the cases, we throw them away. We can recycle them or even use them to keep our feet warm. How? Well, here is the trick:Take some empty plastic bottles and fill them with hot water. ThenClose the bottles making sure the cap is tightened. Lastly,roll the water bottle under your feet, back and forth. Keep doing it till the bottle gets down to normal temperature. Perfect for cold winter months.

DIY Humidifier: Buying a humidifier and running it every day can be expensive. Instead create your own humidifier by placing metal or ceramic bowls full of water on heat registers or radiators to push humidity into the air.

Cut the cable: Although this might sound a little harsh, cable is a luxury and it comes with an expense. Instead try renting movies or better yet borrow them. You will save money and be able to put that money elsewhere.

13 Frugal Tips to Save You Time and Money! (2)

Buy in bulk: This tip saves you time and money from having to visit the grocery store regularly. Cut down on the extra trips you make to the grocery store by purchasing in bulk enough for a week or a month.

Make extra payments on debt: If you have an ongoing debt on which you are paying interest, make sure you make a couple of extra payments this year. If you succeed in making some extra payments, you will save a handful of dollars, which is being paid in the form of interest.

Stop using the dryer: Make it a point that you will not use the dryer to dry your clothes. Instead, hang them. Since there might be times when hanging them outside is not possible (during winter months) buy an indoor drying rack or wall drying rack.

Paper goods: Most of the paper items we use, have great alternatives that can help us in cutting down on our expenses. Get cloth towels, cloth napkins, cloth pads, and cloth diapers in your house. These items won’t help you make a fortune with the savings, but it can be used for satisfying other important needs.

Stop using the dishwasher: Much like a dryer, running a dishwasher can be costly and waste a lot of water. Stop using it for a month and try washing dishes by hand. You will see the difference in your overall spending.

Use public transportation: Public transportation is a great way to reduce costs and help the environment. Your vehicle can be used for a ‘once in a week’ source of transportation. This is important because parking passes and gas is expensive.

Make your own cards and gifts: There are a number of DIY tutorials available on the internet. Use it as a resource to find ways to make gifts and greeting cards for your loved ones. Making a gift or a card is also personal and lets the recipient know that you have taken some time out of your busy schedule to make it for them.

13 Frugal Tips to Save You Time and Money! (3)

Skip on the smartphone: Yet another cruel suggestion. Give up your smartphone and get a more basic phone for yourself. You might think that you cannot live without it, but the fact is; you have lived without it for years, and you have been happy.

Some argue that these smartphones help you stay connected to your friends and relatives. However, the truth is that you can stay connected to them via a PC or a laptop too. There are a number of smartphones released every day and it increases you want to buy a new one on a regular basis. Doing this, you will shell out hundreds of dollars to get a simple upgrade over your previous phone.

So, get off this issue by buying a regular phone. An added bonus: Without a smartphone, you will feel that there is a physical world out there and will call others to meet and talk to personally. So, make the switch and feel relaxed.

Play board games or card games: We live in such a digital world that often times board games are forgotten when it comes to time for activity and play. Board games are inexpensive ways to have fun and spend time with friends and family.

Unplug cords when not in use: Did you know that sockets transmit electricity even when they are switched off? So, it is important to unplug everything before you leave your house. It hardly takes a couple of minutes but if it helps you save electricity (and thus, money), then there is no harm in investing a couple of minutes to unplug them.

There you have it! With these tips you should be able to save time and money while living a greener life.

13 Frugal Tips to Save You Time and Money! (2024)

FAQs

13 Frugal Tips to Save You Time and Money!? ›

The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

What are 5 ways you can be more frugal in your own life? ›

15 Frugal Living Tips
  • Tip 1: Differentiate between Luxury Spending vs Necessary Expenses. ‍ ...
  • Tip 2: Make Cuts in Your Spending. ...
  • Tip 3: Cap Your Spending. ...
  • Tip 4: Keep Receipts and Track Spending. ...
  • Tip 5: Think Twice Before You Buy. ...
  • Tip 6: Learn How to Bargain. ...
  • Tip 7: Reuse and Recycle. ...
  • Tip 8: Find Thrifted Furniture.
Jul 25, 2024

How to be frugal and save money? ›

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 can I save a little money at a time? ›

Make a budget.
  1. Set a savings goal. ...
  2. Set up direct deposits to go into savings. ...
  3. Buy generic. ...
  4. Stay out of “that store.” ...
  5. Cancel some subscriptions and memberships. ...
  6. Join gas rewards programs. ...
  7. Meal plan. ...
  8. Use cash-back apps and coupons.
Jun 13, 2024

How to live extremely cheaply? ›

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 to be frugal like a millionaire? ›

8 Frugal Habits That Will Make You a Millionaire
  1. Live Below Your Means.
  2. Never Pay Full Price.
  3. Cut Out Unnecessary Expenses.
  4. Rent or Sell Your Current Possessions.
  5. Leave the Cash and Plastic at Home.
  6. Don't Waste Money on "Get Rich Quick" Schemes.
  7. Go Green.
  8. Get a Side Gig.
Feb 28, 2016

What is the 30 day rule? ›

The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

What is the 50/30/20 rule? ›

The rule is to split your after-tax income into three categories of spending: 50% on needs, 30% on wants, and 20% on savings. 1. This intuitive and straightforward rule can help you draw up a reasonable budget that you can stick to over time in order to meet your financial goals.

How to live on very little money? ›

Tips to help you live below your means
  1. Create a plan for your money. The act of assigning a job for every dollar can be empowering. ...
  2. Automate your savings. ...
  3. Pay yourself. ...
  4. Live off one income if possible. ...
  5. Look for ways to lower your discretionary expenses. ...
  6. Reflect on your financial habits. ...
  7. Drive used. ...
  8. Pay less interest.
Jul 10, 2024

How to save $1,000 in 1 month? ›

The experts we spoke to recommended taking these steps.
  1. Analyze your finances. If you want to save $1,000 in a month, then you need to earn $1,000 more than what you spend. ...
  2. Plan your meals. ...
  3. Cut subscriptions. ...
  4. Make impulse purchases harder. ...
  5. Sell unneeded items. ...
  6. Find extra work.
Sep 26, 2023

What is the best savings strategy? ›

One rule of thumb is to save 10% to 15% of your paycheck each pay period. Another savings strategy is the “50/20/30” Rule: set aside 50% of your paycheck for your needs, 20% for your savings & debt, and 30% for your wants. Keep in mind these savings strategies could be too challenging for a student budget.

How can I live more frugally? ›

  1. Frugal Living Homestead Style.
  2. Tips for Living Frugally+ Make a Budget. Spending Freeze. Sell Things You Don't Need. Don't Buy Things You Don't Need. Reuse and Repurpose What You Can. Make What You Can Yourself. Grow Your Own Food and Feed for Animals. ...
  3. Resources.
  4. Other Articles You May Enjoy.
Jan 5, 2024

How can I be frugal instead of cheap? ›

15 Tips for Living Frugally Without Looking Cheap
  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.

What is frugality in everyday life? ›

Frugal living is about being intentional with your spending, finding contentment in simplicity, and making financial choices that align with your values and long-term goals.

How do you develop a frugal mindset? ›

In order to develop a frugal mindset, you should ask yourself the following question: “Can I save money here if I put in a little extra effort and/or sacrifice?”. In a world where temptation is all around, having a frugal mindset can be very helpful when it comes to being an American consumer.

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