Save Money

Learn how to save money with quick, easy tips!

10 Frugal Living Tips With the Biggest Impact

Frugal Living Tips With the Biggest Impact

Are you ready to change your financial life? Then try these 10 frugal living tips with the biggest impact. Start living below your means and saving today.

Have you tried frugal living and decided it wasn’t for you? Perhaps you weren’t using frugal living tips with the biggest impact.

Are you ready to learn about frugal living tips with the biggest impact? If you want to start living frugally, these are the tips I recommend to help you save money and live within your means.

If you want to live on the cheap, it only makes sense to do what will work, first and then use your money extra money to start building your bank account.


Best Frugal Living in 2021

Frugal living ideas to try in 2021

The best frugal living tips and hack to help you save more. #frugallving #savemoney
The best frugal living tips and hack to help you save more

Are you looking for ways to save money in 2021? These frugal living ideas to try in 2021 will get you started on the right financial path and let’s face it, 2020 was a tough year for most of us. If you tried frugal living tips in 2020, you may need more frugal hacks for  2021.

Saving money isn’t the easiest thing to do, so I suggest -like any new habit – you should start small. Find some small areas in your budget you can fix and then continue working on your finances from there.

I also suggest finding ways you can fit in small splurges so you don’t miss out on the things that are important to you in life.  For example, if you are not that into home decor, skip decorating your house for every Holiday and keeping up with house decorating trends. Yet, if you love Starbucks coffee, leave room in your budget to treat yourself once per week and make your coffee at home the rest of the week. Therefore, you will not feel deprived and give up.

It is easy to fall into the debt trap in today’s world. Almost anyone can get a credit card and card companies make millions off of people that fall behind and wind up paying interest and late fees. To avoid this, try paying cash in the new year and use a cash envelope system. Use these labels to get you started.

What is Frugal Living?

Frugal living is a state of mind. Instead of splurging and spending, find ways to cut back and save on everyday purchases. These small amounts of savings start to add up and enable you to pay off debt, save for an emergency, and get ahead in life.

According to business insider, one of the traits of becoming a millionaire is learning to be frugal. (Source: business insider) This research was taken from the book “The Millionaire Next Door” by Thomas J. Stanley, Ph.D., and Sarah Stanley Fallow, Ph.D. who interviewed over 600 millionaires for their research.

Often people do not realize many millionaires live frugally. In fact, you would not even know they have money in the bank. Yet, the people buying luxury cars and houses they cannot afford, seem to be rich. And unfortunately, many are drowning in debt. It is funny how appearances can sway our thinking.

Use frugal living as a way to start living below your means and saving more money. These frugal living tips for 2021 will help you get started and allow you to put money in the bank this year.

What Frugal Living Is Not

Frugal living is often confused with being cheap. Yet, frugal living does not mean being cheap or miserly. In fact, it is quite the opposite. Frugal living is learning to live below your means, so you can build up your money. Here are some things that are NOT frugal:

  • Buying Cheap products over quality
  • Depriving yourself of your favorite things
  • Not living life
  • Never doing anything because you have to pay
  • Extreme measures to save money such as driving around town to save a dollar


✅ Need a safe place to start an emergency fund or savings account? Learn why we recommend CIT Bank with their above-average interest rates.

Related Money-saving posts:


1 2 3 16