saving

Frugal Living Hacks to Save More Money


The average American has less than $1,000 in savings, according to a recent Google Consumer Survey. Without a “nest egg,” unforeseen expenses could spell disaster for you and your family. But the good news is that you save more money by embracing frugal living.

Walmart Savings Catcher

If you shop at Walmart, be sure take advantage of the retailing giant’s Savings Catcher program. This program will automatically check competitors’ prices for purchased products to see if they are lower. If a competitor is selling the product at a lower price, Savings Catcher will give you the difference in the form of an electronic gift card.

Here’s a tip: you can save even more money at Walmart by paying with a cash back rewards credit card. Some credit cards may offer 1-3% cash back on all purchases, meaning for every $100 you spend, you’ll earn $1 to $3 in rewards bonuses.

Finance Manager App

Assuming you own a smartphone (and you probably do), try downloading a finance manager app like Mint. This app will organize all of your expenses and financial information to create a detailed budget. So instead of crossing your fingers and “hoping” that you don’t overspend one month, you’ll know exactly how much money is coming in and how much is going out.

Freeze Perishable Food

According to the National Resource Defense Council (NRDC), Americans throw out approximately 40% of their uneaten food, the equivalent of $165 billion annually. If you have a tendency to toss uneaten foods, consider freezing them long-term storage. From blueberries and strawberries to ground beef, chicken and even condiments, you can significantly extend the shelf life of most perishable foods by freezing.

Buy in Bulk

Another helpful frugal living tip is to buy in bulk. There are certain items that, when purchased in bulk, can yield huge savings. These typically include things like paper towels, toilet paper, laundry detergent, toothpaste, etc.

Eat Out Less

There’s nothing wrong with splurging every once in a while by dining out at your favorite restaurant, but this should be kept a minimum if you are trying to save money. Packing your lunch for work and eating meals at home can yield big savings over the course of a month.

How to Change Spending Habits into Saving Habits


Saving money and living a more frugal life isn’t so much about how well you can budget, it is about changing your habits. You can set up the most solid budget in the world and still find that your bank account is leaking money due to your everyday spending habits. By changing these spending habits, little by little each day, even the most compulsive shopper can find that living frugally becomes second nature.

Analyze Your Life

One of the best ways to start a frugal life is to start adding up all those small expenses. If you stop at Starbucks maybe once or twice a week, that’s about $15-$20 dollars. A daily trip to the vending machine could be another $10 a week. This may sound like chump change on a week-by-week basis, but it adds up on a monthly or even yearly scale. Sometimes all it takes is to do the math to discover that you really do have a spending habit.

Tackle One Habit at a Time

Say it’s the beginning of the month after hammering out your new frugal life. You’re all gung-ho and want to start saving money by bringing your own work lunches, making your own coffee, avoiding the vending machine that accepts credit cards, and no longer taking hour-long showers. There is no possible way that you won’t save money with all that, right? Well, that’s true, right up until you get burned out from trying to drastically quit everything you love.

Some things just make you happy, but by taking everything that you are used to out of your life at the same time, you will break quickly. Focus on one bad spending habit at a time, and you will find the adjustment period is much more bearable.

Replace Triggers With Positive Habits

After a bad day at work, your first impulse may be to go do a little shopping to cheer yourself up. Work can be a serious trigger for many people to go out and try to buy their way into feeling better. However, instead of spending some serious cash, instead try to find a positive action that could replace all those spending triggers. Perhaps spend some time on a hobby, exercise, or go meet up with a friend. The positive action doesn’t need completely free at first either, so long as you are spending less than you otherwise would out shopping.