14 Frugal Living Tips You Can Implement Today and Save Thousands

In this article, I discuss frugal living tips that you can start today and save thousands of dollars. Being a millennial who tries to save money is a hassle. But, know that frugal living does not mean you should have a sad life. It’s also not about being stingy: frugal living is about being resourceful. It’s about living within your means.

It doesn’t matter if you make $50,000 a year or $150,000 a year; Unless you spend less than you earn, you’ll never get ahead.

Rick Orford

Adopting a frugal living lifestyle lets you save by getting freebies, using secondhand products or coupons. It helps you use your money on things you value most: living debt-free, saving for retirement and investing in yourself. So, to start living frugally, these are some tricks that you can use to save money.

Let’s get started:

Learn To Say “NO” To Unnecessary Expenses

Some habits are good, others no so much. Spending on frivolous items is not a good habit to have. Indeed, unnecessary expenses will drain your budget faster than a speeding bullet. For example, wasting time, buying useless stuff at the mall might make you feel better for a short time. But, it drains the budget.