Saving Money and Living Frugally Doesn’t Need To Suck

Saving Money and Living Frugally Doesn’t Need To Suck

Being frugal when you’re planning to make a big purchase in things such as real estate, is every financial guru’s advice. And they are a hundred percent right about that. However, not everyone is enthralled by the concept of living frugally.

In fact, we even like making excuses of why we can’t save money at the time. Whether that’s needing a new car, your teenager needs braces, or the newest smartphone just dropped and it’s too good to resist. But let’s be real here for a second. You don’t have to wait for things to fall into place before you start adjusting to a more frugal lifestyle. You’ll never get it if you wait for the “perfect time” to come around. Now is the perfect time to begin saving.

In today’s world, being frugal is a significant deal! Especially if the payoff is that you’ll be able to buy your dream home.

Saving money doesn’t need to suck, in fact, it is extremely rewarding, you just have to find the right way to do it.

10 Tips On Genius Frugal Living

1. Make saving automatic.

You may be surprised to learn that you may save money without even realizing it. Yes, you may set up your bank account to move money from your checking account to your savings account on a monthly basis. If that seems frightening, you may set up a direct deposit to automatically deposit 10% of each salary into your savings account.

It doesn’t matter how much money you save, as long as you’re saving something.

2. Spend smarter, not harder.


The term “frugal lifestyle” is defined differently by different people. The best way to see it as a challenge is to come up with new methods to save money while living within our means. This means that we should always strive to be thoughtful about how we spend our money.

3. Spend any additional or unexpected earnings carefully.

Put money to good use when you obtain a nice job bonus, inheritance, or tax return. And by “good use,” we don’t mean adding that gorgeous new stamp to your stamp collection or just stashing it in the bank to camp out.

If you still have debt, you’d be better off utilizing those earnings to pay off your credit card than putting them in a savings account. If you’re debt-free, put the additional money toward an emergency fund.

4. Avoid spontaneous spending.

This is your biggest enemy when it comes to saving money. We know how important it is to reward yourself through treating yourself nice things. However, it gets worse when this becomes a habit that negatively impacts your finances.

There’s a saying that goes “if you can’t buy it twice, then don’t buy it at all.” I hope you remember that before impulse buying.

5. Reduce energy costs if possible.

Did you know that by making a few changes to your house, you may save money on your power bill? Begin by reducing the length of your showers, repairing faulty pipes, washing your clothing in cold tap water, and installing dimmer switches and LED lightbulbs.

6. Reduce your grocery expenses.

Most individuals are surprised to see how much they spend at the grocery shop each month after creating a budget. It’s so simple to go down those aisles, buying a bag of your favorite snack here and a few bags of chips there, and then topping it off with the delightful treats at the cashier.

However, those small expenditures, sometimes known as budget busters, build up quickly and wind up blowing the budget every month.

7. Cancel automatic memberships and subscriptions.

You’re probably paying for Netflix, Hulu, Spotify, gym memberships, fashionable subscription boxes, and, among other things. Any subscriptions you don’t need on a regular basis should be canceled. When you make a purchase, make sure to switch off auto-renew. If you cancel it and realize you can’t live without it, consider resubscribing but only if it fits into your new, tighter budget.

8. Have money-making side hustle.

Do you have a favorite pastime? If that’s the case, turn it into a side business. For example, if you enjoy DIY projects, why don’t we start repairing items together? We are not only skilled at it, but we really like it, and people are prepared to pay us for it. If you’re good at digital art, make a social media page where people can pay you to make their requests.

There’s a lot of ways to have a side income. Just make sure you know how to manage a business. This will be a game-changer for your money-saving endeavors.

9. Choose generic brands instead of name brands.

Giving up name brands is without a doubt one of the simplest methods to save money. In most situations, brand-name items are only better because of their marketing.

Take a peek at that box, for example. The logo is just stunning! And that’s pretty much the end of it. Generic versions of pharmaceuticals, essential foods, cleaning supplies, and paper goods are much less expensive than their brand-name counterparts, and they perform just as well.

10. Sell what you don’t need and love.

You’d be shocked how much stuff you have in your house that you don’t use or consider. And the money you can generate from such activities might be the difference between living paycheck to paycheck or not.


Saving money and being more frugal on material things are smart ways to live, whether you’re saving up to buy your dream home or not. You’ll only start saving money if you develop good money habits and prioritize your future necessities over your current desires.

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