10 Frugal Living Tips with a Big Impact

frugal living tips with a big impact

Only 41% of Americans would be able to handle a $1,000 emergency payment, according to a poll of 1,000 people conducted by Bankrate. Are you one of the 59% who would need to access credit, family support or might even struggle to pay the bill at all? If so, follow these 10 frugal living tips with a big impact to cut back on your outgoing expenses and allow you to grow an emergency savings fund. 

Follow a 50-30-20 budget

If you want to focus on frugal living tips with the biggest impact, you’ll need a detailed understanding of how and where you’re spending your money.

Before your next payday, gather your financial paperwork to track your typical spending vs your income so you can decide where to cut back and commit to a year of frugal living. 

How much of your pay packet will go towards rent, travel, groceries, utilities and other bills?

From here, the remainder can be used towards entertainment, treats and of course savings. 

If you have more income than expenses, then it can be useful to follow a 50-30-20 rule, where 50% of your income goes towards bills, 30% towards things you ‘want’ rather than ‘need’ and 20% into a rainy-day fund.

This model can be adapted depending on your income.

Frugal Living Tips with a Big Impact

Avoiding debt 

Borrowing is really affordable right now in the US, with the Federal Funds Rate being held at near-zero levels, meaning interest rates are incredibly low across lenders.

But does this mean it’s a good idea to get into debt? The answer is a firm no. 

Credit cards, loans and other forms of consumer debt still cost money and reduce the progress made by your savings.

Also, the promise of a credit line can be a distraction from living a frugal way of life if you’re tempted to splash out on a purchase and pay for it later. 

If you have current outstanding debt, then you can consolidate this into a single loan product to reduce the amount of interest you owe.

From here, you can pay down the debt until you’ve reached zero. 

It’s best to get rid of your debt before saving unless the interest on your savings product is higher than the interest on your loan or credit card, or in case your savings are matched by your employer. 

Don’t buy more home than you need

Renting may be a necessity rather than a choice in early adulthood, but in the interest of living frugally, it makes more financial sense to save up to purchase your own property as soon as possible.

One common mistake is to buy a larger property than you actually need.

Not only will the cost of your borrowing increase, along with your Closing Costs, but you can also expect to spend more on the daily running of the property. 

From energy bills to exterior maintenance, the larger the home, the more expensive it will be.

If parts of your property are unoccupied, then this is costing you money. 

Unless you intend to grow into the property, a more frugal decision would be to downsize or else rent out one or more of your spare rooms to earn additional income. 

Become a DIY expert  

US homeowners spent an average of $7560 on renovations in 2018, which isn’t a small amount of money.

If this sounds like something you would struggle to afford, then one of the best frugal living ideas you can commit to is learning some DIY skills. 

This knowledge will stand you in good stead for any home refurbishments you wish to complete on future properties too. 

By following YouTube tutorials and renovation blogs online, you can build your experience so you can perform handy jobs around the home.

From putting up shelves to installing a new kitchen, the frugal living community can save thousands on the cost of home improvements. 

If you become particularly adept at DIY, you might even consider offering your services as a side gig to earn additional income. 

Work from home

If your role has changed during the pandemic, and you’ve adapted to homeworking already, then you may notice how much money you’ve been able to save.

From the cost of commuting to being tempted to eat out during working hours, it’s easy to spend money at work without realising it. 

With 42% of the US labor force already working remotely, now may be the right time to have a discussion with your boss about making this a permanent arrangement post-pandemic.

By doing so, you might consider relocating to a more affordable neighborhood which doesn’t need to be within commutable distance from your workplace. 

If you are still required to attend the workplace periodically, there are heaps of frugal tips you can adopt including walking or cycling into work, as well as bringing a pre-packed lunch to save money. 

Get rid of your telephone line

96% of Americans own a cellphone of some sort, and if you’re reading this, you’re probably one of them and for good reason too.

There’s much less need to also have a landline telephone number if you’re trying to save money.

If you rarely use a home phone, but are paying for it each month, then it may be time to look into disconnecting this service.

There are numerous options available if you require broadband without a landline, including fibre, cable and mobile broadband.

Meal planning

There’s perhaps no generation which has been better at exploring frugal living ideas than the baby boomers.

With widespread rationing following the Second World War, this generation learned plenty of ways to maximize their food supply. 

We can follow their example in 2021 with some simple meal planning tips to ensure you only buy the groceries you need for the coming week.

Schedule a time to plan, and gather your recipe books, watch your online tutorials and start to create a list of your ingredients. 

Don’t forget to do a stocktake, so you know what gems you already have lurking at the back of your kitchen cupboards. 

Pick easy recipes and for extra frugal points, try to make your ingredients and/or leftovers stretch across more than one meal.

Remember that many dishes can be cooked in batches and frozen to make use of your supplies.

Grow Your Own Food

One example of how to live super frugally is to cut back on your weekly grocery bill by growing your own produce at home.

This also has plenty of health benefits, as you can take control of the pesticides and fertilizer that your produce comes into contact with. 

Being green-fingered is also excellent for mental and physical health, as the act of gardening allows you to take in some fresh air whilst focusing on the development of your organic fruit and veg.

You don’t need a huge garden to grow your own affordable and nutritious food. 

A couple of pots, a balcony or even a window box should be enough space for a selection of herbs, fruit and veg to thrive in. 

Shop Around For Discounts

For those items which you can’t grow or make at home, it pays to do your research before you commit to a purchase.

The internet is a valuable source of price information, as you can compare how much your preferred retailers are selling your product or service for. 

If you buy online, then you might be able to secure a further discount by opening up the live chat window with the brand’s customer service team. 

Placing items in your shopping basket and then abandoning the cart can also result in you receiving a discount code via email which is worthwhile if you’re completing a large order.

Free Entertainment

If you find that leisure activities eat into your monthly budget, then why not challenge yourself to a no-spend week? This doesn’t mean you need to be confined to the house, but instead, you can look for free activities to enjoy instead. 

From walks in the park or countryside to attending free gigs, book signings, poetry evenings and pop-up gallery events, you’ll be amazed at how easy it is to enjoy your local area without spending a fortune. 

If you’re isolating, then your free entertainment might be organizing a Zoom quiz or cook along with your friends and family.

Frugal living tips with a big impact on your finances

Ultimately, how much you can improve the balance of your incomings vs your outgoings will be individual from one person to the next. 

To determine where you could trim down your own expenses to make savings, take the time to go through your budget and identify the main areas where you could improve. 

The Finance Hub offers an informative collection of personal finance articles including the best frugal living tips with a big impact for 2021.

Kickstart your journey towards modern frugal living by reading our expert blogs here.  

  1. F*ckin’ awesome things here. I’m very happy to look your article. Thanks so much and i’m having a look forward to touch you. Will you kindly drop me a mail?

  2. This is really attention-grabbing, You’re a very skilled blogger. I have joined your feed and look ahead to looking for extra of your fantastic post. Additionally, I have shared your site in my social networks!

  3. I was recommended this blog by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my trouble. You are wonderful! Thanks!

  4. hi!,I like your writing very much! share we communicate more about your post on AOL? I require a specialist on this area to solve my problem. May be that’s you! Looking forward to see you.

  5. Hi there just wanted to give you a quick heads up. The words in your article seem to be running off the screen in Internet explorer. I’m not sure if this is a formatting issue or something to do with web browser compatibility but I thought I’d post to let you know. The design and style look great though! Hope you get the issue fixed soon. Cheers

  6. Some truly great content on this site, appreciate it for contribution. “My salad days, When I was green in judgment.” by William Shakespeare.

  7. Thanx for the effort, keep up the good work Great work, I am going to start a small Blog Engine course work using your site I hope you enjoy blogging with the popular

  8. The new devices from Seagate were released at last week’s CES in Las Vegas. Seagate Barracuda is a new hard drive model that employs a rotating magnetic head design developed to better store information in a small device. The goal is to create a thin yet smaller capacity drive than the competition has today.

    The first product to have this advanced technology is the DT 010 series which incorporates the Mercury Playback Plus media player. No matter whether you enjoy listening to music https://cse.google.com.kw/url?sa=i&url=https://balashindnot.weebly.com

    6add127376 makfer

  9. In fact we DO NOT include the.NET runtime with the Source Code Library..
    It includes:

    Folder Options_
    Image, Page Setup, and Toolbars_
    Syntax highlighting, Fonts and Colors and many more…

    === and other files…
    You must install any required Windows system components on Windows XP or Windows 8. This guide is not based on any coding manual.
    For local testing you should install Visual Studio (regular and Express) or https://zigrolane.weebly.com

    6add127376 beriant

  10. Analog video games and System Link by Anritsu are a set of two software utilities that can be used to greatly improve computer game quality. They provide a non-destructive tone generator capable of simulating the sound of firearms and torpedoes as well as turning echo suppressors and even echo repeaters into mere PC accessories.
    At a grand price
    While System Link was free, Analog Video Games necessitated the inclusion of the Enhanced Video Recording software for a fee.
    The application was https://inaginke.weebly.com

    6add127376 antacha

  11. Key Features:
    – Automatically detects the presence of the Bollywood Beats radio station
    – Easy set up
    – Quick and full started streaming of the Bollywood Beats radio streaming station
    – Built-in iTunes feed and WMA playback support
    – Adjustable slider volume control
    – Quick started widget
    – Starts streaming immediately when the internet browser is detected
    – Streams directly to the MP3 format
    – Streams (stops) when the browser window is closed
    – Supports http://kemp-style.ru/bitrix/rk.php?goto=https://deostilenntol.weebly.com

    6add127376 beliwill

  12. Take fun photos of the screensaver that are your own and share it all over the net!

    What’s New in Version 1.0.2

    Added manual installation of the screensaver

    Added multicast support for the screensaver on NetSarang networks for Mac

    Added support for NetSarang networks for Vista and Windows 7

    Added support for AC3000 networking devices on Windows XP (or higher)

    Made minor graphics and code optimizations to improve performance https://meecharlepo.weebly.com

    6add127376 harrena

  13. Just remember to clean up leftovers after you are done!Double-labelling technique for simultaneous immunocytology and autoradiography.
    A method is described for the simultaneous light-microscopic detection and autoradiographic analysis of nonhistone proteins and DNA in cells. The technique involves incubation of cells with two or more complementary antibody or lectin conjugates that are labeled with different flurescent or radioactive substrates and their coincubation. Background levels and http://www.web-analitik.info/?go=https://absusuta.weebly.com

    6add127376 patabir

  14. If you are an experienced professional with a basic working knowledge of magento, then with the help of our great User Manual, you will be able to install and operate osCommerce to great results.
    The osCommerce User Manual will answer questions that you are most likely to have, and it will point out the best practices when installing, configuring, and deploying osCommerce.
    It will also demonstrate examples and help you to master the osCommerce system to the point that you will be an expert http://www.xjjgsc.com/Redirect.aspx?url=https://sitamifort.weebly.com

    6add127376 prixit

  15. If you want to use ASK Toolbar Remover, there is one useful feature that you can take advantage of: the settings button. You can change the settings of the tool, enabling or disabling the chat service and other features.

    Other tools sorted by functionality

    Hold your mouse buttons down and drag them into a window

    Ask Toolbar Removal Tool is an efficient application for quickly and thoroughly removing Ask toolbar from your computer.
    It will quickly remove this browser add-on http://velikanrostov.ru/bitrix/redirect.php?event1=&event2=&event3=&goto=https://inopgide.weebly.com

    6add127376 paxtyaki

  16. If the user needs something more advanced, he/she will have to install ColorXpert.
    ColorXpert is a free application for Windows 10 PC users that you can download from the Microsoft Store. It supports complex color filters, and it’s the paid tool to use if you want something more advanced.
    Click OK to install or Cancel to cancel the installation. If you’re asked about the ability to change the desktop background or to show creative accessories when you log in, click Yes http://maps.google.ki/url?sa=t&url=https://dercmipeeso.weebly.com

    6add127376 fridean

  17. UltraSiteMaster is a Powerful Online Software to pick the Best product Site that makes my life much easier because it shows me relevant & best keywords that will bring me visitors and possible customers.

    50 Webmaster Tools Databases – Data and Search Engine Submission

    If you are a webmaster, and want to have a quick and easy way of managing your sites, then you need to utilise the many webmaster tools that are being developed. They can help you to manage the traffic https://100kursov.com/away/?url=https://trajthabige.weebly.com

    6add127376 kaegat

  18. On that note, if you’re looking for a handy application that is able to not only tell you if your PC is free from problems, but also offer some handy tools to do it you might want to try PC It Up.

    ASIO Driver Registration Utility is developed for Microsoft Windows based computers by BROTTMANN Software Company, based at the Netherlands. ASIO Driver Registration Utility was first launched on 17 June, 2006 and it’s available in multiple languages including English, German, https://vobaliha.weebly.com

    6add127376 weyscat

  19. What’s new in this version:
    – Added option for delayed expiry of daily reminder to prevent auto launch
    – Small fixes
    Improved identifying over DII_Tasks (Prerequisite) tag to only allow tasks with value 5+ to be found.
    This tag to get more useful than ever.

    The app was not included in the original Galaxy S6 and S6 Edge file size lists and wasn’t added to the original firmware lists after the recent security updates. It was https://bandcentparhau.weebly.com

    6add127376 abitam

  20. Pros:
    + Free
    + Easy to use
    + Works well
    + No advanced features

    January 8, 2016


    ESET: Enterprise Security Software


    It was not so fast, and it’s too complicated, so unlikely that it could be used by people who just want to check out the certificates of the devices on their network.

    February 26, 2016



    Review https://provbarciobrig.weebly.com

    6add127376 marcamr

  21. Review Details

    What’s new

    Version 1.3.07

    ** Add support for Flash Player 11 (DirectShow) and common browser audio technologies
    ** Bug fixes and polishing of audio and video streaming and batch conversion



    Alvas.Audio is a straightforward and powerful piece of software designed to provide you with all the necessary tools to create apps that record, play, edit and convert audio files.

    The application comes with https://abdeparsau.weebly.com

    6add127376 latwoj

  22. Irregular English Verbs is a reasonably priced tool, being free for a period of six months but access to the premium version can cost $10. Actually, it is now on sale for just $4.99 for the first 30 days, so make sure you don’t miss out on such a deal.

    All new OutBack Defenders are the first of its kind to be built with All-New FWB (FireWire®) technology. It means your camera can be as agile http://220-volt.ru.xx3.kz/go.php?url=https://goyperconskleh.weebly.com

    6add127376 vlaeri

  23. ■ Sysinternals’ ProcessMonitor must be manually used.
    ■ 32/64 bit
    ■ PC is required: Test Load Agent – Controller is designed for use on PC only.
    ■ IIS 7 or later: IIS is required by some tests. Please contact Support for details.
    ■ Distributed Testing
    ■ Deep Search Collections





    LinkedIn https://spacezozion.nyc3.digitaloceanspaces.com/upload/files/2022/05/acJ4UDRUyQ4jbyUOYuA4_19_da83271fa1671706c3575d94583c88fe_file.pdf 05e1106874 fauott

  24. Amazon Mechanical Turk Command Line Tools provides a developer with a comprehensive package of tools for working with the Amazon Mechanical Turk service.
    The package comes with ten commands that can be executed interactively to get information
    about your tasks and your service. Each command is categorized and provides
    help text for other commands present in the package.

    The following table provides a description of the available command-line tools:




    HELP https://goodforfans.com/upload/files/2022/05/7ZxhVoxPuYRWdzmHA5OC_19_ae929ccd436d83ba0c22ee0bfb666459_file.pdf 05e1106874 valmsew

Leave a Reply

Your email address will not be published.

Previous Post
Frugal family meals

Frugal family meals – How to Feed your Family on a Budget

Next Post
financial planning for families

Family Financial Planning – A Step by Step Guide for 2021

Related Posts