53 Ways You Can Embrace Frugal Living Today

For some of us, frugality comes naturally. But for others, frugal living conjures up images of a miserly, meager existence.

As someone who’s always been frugal, I can vouch for the benefits of living a frugal life. There are so many! Here are my favorite frugal living tips to help you save money.

1. Regularly revisit recurring expenses

Revisit your recurring expenses to see if you can reduce, cut or optimize them. Could you get away with less mobile data? Revisit your expenses annually.

2. Shop around and get new quotes

Every year or so, shop around and get two to three new quotes on your recurring expenses. Switching to a competitor or taking advantage of promotions could save you hundreds.

3. Ask for loyalty discounts

Instead of leaving for a competitor, try negotiating with your biller. Call and ask to speak to the retention department.

4. Pay annually instead of monthly

Some billers offer a discount to customers who pay their bill once a year or all upfront versus monthly. Insurance, online services offer this payment option.

5. Pay with a credit card

Maximize your spending by paying with a rewards credit card. Even better—  use a card that offers higher-earning categories. For example groceries.

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