So, now the thing is that you need money in your bank account and you are doing your best of best to make it happen like you have stopped eating out, you have already cut out your all unnecessary expenses and even you have already tried some money saving tip.
Still in the spite of your efforts, all of the tips which you have found on “how to frugally live on one income” haven’t made a single impact on your savings account, and now at this moment of time you are totally tired of that whole failed promise of living frugally.
But the good thing is that now you have come to the right place because each and everyone of us loves living frugally and same like you we love to save money without feeling that we had to give up on almost everything. After saving more than 11 thousand US dollars in 10 months which in other words means $3,300 per month, we have some great ideas about which of the “best frugal living tips” works and which doesn’t.
This guide isn’t a roadmap to being cheap. Instead, in this article we have also shared our experience and you are going to get 10 practical and effortlessly achievable ways through which you can be smart with your money so that with the help of those tips living frugally on one income becomes easy and natural for you.
So simply stick to us and you will learn those expert tips of living frugally in just few more minutes.
Let’s get started!
- Save $100 Per Month On Water
According to a research, bottled water is a crime against humanity! Bottled water costs you $100/month per each person to drink the advised amount of water from the bottle. Whereas on the other hand it only costs you $3 per each month to put a water filter under sink.
So simply say no to over – priced water bottles and start using filter to save $100 each month just on water. You can also get yourself a fancy insulated reusable water bottle, as you can afford it now!
- Find The Cheapest Flights
Make sure that you only use the trusted flight checkers while hunting deals for plane tickets. We have mentioned some of them below on which we do trust actually:
- Momondo – get comparisons between the other travel websites and all of the airlines
- Skyscanner – which is known as the leader in travel price comparison
- Kiwi – cheap flights along with guaranteed protection of flight from flight cancellation, delays and changes of schedules.
- Create A Shopping List
If you are still confused about that what is killing your grocery budget and you actually want to know then let me tell you that impulse buys at grocery stores are actually killing your grocery budget. So if you want to prevent that from happening again and again and every time you shop at grocery store then start making a shopping a list and stick to it which is the most important step.
Simply plan out your meals for the whole week and then take a pen and a paper and write down each and everything before you head towards the grocery store for shopping, and not only that because you will find $100 plus left overs each month in your bank account.
- Reinvent Leftovers
Do you also land in the list of those people who don’t like to eat leftovers? If yes then no problem it’s alright, but how about reinventing those leftovers into a complete new meal? Sounds great right! Get a bit more creative so none of your food get wasted. And as long as you are at it, you should invest in some high quality Tupperware so this way your leftovers will stay fresh and tasty for days!
- Everything Is 2% Off
The easiest ways to save money for travelling and living frugally is by using Credit Cards! But be careful THAT you should only start using credit cards once you are in total control of your finances.
So in simple words, there is no need of yourself to get into unnecessary habit of credit cards. And if you want to have 2% discount on everything then make sure that you get on a budget first to stop yourself from accidently getting into a habit of spending more than you earn.
- Get Discounts On Local Entertainment
In case if you are bored at home but you can’t take another binge session of Hulu, then you can take a look on Groupon’s “Things to Do” sort for coupons and discounts on several activities in your area. They have also some offers for spa & beauty packages.
- Save $20 at The Drug Store
When it comes about saving some extra money on groceries, Ibotta is the MVP. But you should also know that they hand out free cash for the shopping trip of drug store too!
So whenever you are stocking up on shampoo just keep in mind to take a picture of that receipt and load up your Ibotta account with some free cash. Simply download the free Ibotta application and don’t forget to get your hands on your free gift card of worth $20.
- Cut Your Own Fruit
Honestly speaking, getting pre – chopped fruits is ultra – convenient and it is also much more expensive. Instead of buying pre – chopped for yourself or for your family, you can buy your fruits whole and manage just 10 – minutes from your valuable time to chop them yourself and bingo!
Congratulations you have just earned a free trip to Starbucks for yourself!
- Save 50% Off On Your Meal When You Eat Out
If you just finished your long work day and got pretty much tired, and if you have decided to skip cooking tonight then grab a deal or a coupon from Groupon! Just a second let me clear myself, I am talking about the 50% discount on your entire meal. Which in my opinion isn’t a bad thing, and it can make you save pretty much on your meal.
- Get Your Food Delivered at Your Doorstep at 15% Off
Do you buy any of the below mentioned stuff at the grocery store?
- Protein Powder
- Canned Beans
- Coffee/Keurig Pods
How about getting them delivered to your doorstep for 15% off. If you have an Amazon Prime Account then consider that the luck is on your side and then you can take some extra advantage of their Subscribe – And – Save Program and by this way you can save 100 US dollars each month! Just stick the food which you want on your next month delivery and then you can get everything on the list for 15% discount on them. And frankly speaking it is some of the best and easiest ways on which you will ever save money on!
So guys this was the list of 10 expert tips & trick which will help you to save money and live frugally on one income. Also guys we would love to hear from you guys so don’t hesitate to drop a comment below and let us know that which one of the above mentioned ways you have tried out and was these were helpful for you or not and also let us know if you have some more tips to share with us.
Good luck & have a nice day!