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Learn 5 simple frugal living ideas to save money each month! These 5 must-know frugal living tips will help you to save $500 or more per month!




5 Top Frugal Living Ideas

In this article I will share 5 simple frugal living ideas to help you save money fast. Learn 5 simple frugal living ideas that will help you save more money in order to reach your financial goals and live your dreams! With these 5 easy frugal living tips you can save $500 or more per month!



5 Simple Frugal Living Ideas to Save More Money

If you are looking for simple frugal living ideas, then this article is for you! There are many, many things you can do to live more frugally and save money each month, but these are 5 of the best ways for a family or individual to live frugally in order to save more money each month. Follow these simple frugal living ideas to save $500 or more a month!


1. Cut your food budget (in half!) to live more frugally.

One of the very best frugal living ideas is to reduce the amount you spend each month on groceries and eating out.

The average American family spends close to $800 a month on food. But you really can spend significantly less than that, especially if you nix eating out so much. So if you will cut $100 to $200 from your grocery budget for the month and $150 from your restaurant budget, you will have $200 to $300 (or more!) to go toward reaching your awesome financial goals!

Here are my two best frugal living hacks to help you get the most bang for your grocery-spending buck:

  • First, make a plan. Get this helpful weekly meal planning worksheet (below) to get organized and plan your week’s worth of meals! The meal planner comes with helpful meal planning tips that will help you save a ton of money on your grocery shopping!
  • Second, shop with a grocery list and a price comparison cheat sheet! Make a list, check it twice, and then don’t deviate from it! 😊 Use this awesome, super handy shopping list and grocery price comparison cheat sheet to help you spot great deals and pass over grocery items that are overpriced.

And here are even more frugal living hacks that will help you save a bunch of money on groceries:

  • Use what you already have. Clear out your fridge, cupboards, freezer, and pantry. There’s a good chance you have a week’s worth or more of food in your home, and using it up periodically is a good idea to make sure nothing goes bad. (But if you find things that have expired, don’t automatically toss them out. The dates are just guidelines, and you can eat most things months past the best by date.)
  • Cut down on sweets, snacks, juice, beer, and so on. You can save a ton of money by just sticking to the main food groups. Leave the rest of the junk (food) on the grocery store shelf.
  • Plan to have a few meatless meals each week. Meat is one of the most expensive food items, so by omitting meat from your meals you can save a ton of money. Consider going meatless for a few dinner meals a week, or even plan a whole week or two week’s worth of meatless meals if you want to save even more money.
  • Buy only items that are in season. Blueberries may sound divine in January, but pass them up for fruits, vegetables, and other items that are in season.
  • Buy what’s on sale. Check the week’s grocery ads, and then plan what you buy for that week’s meals around that.
  • Be OK with unconventional dinner and other meals. If you really want to save more money on groceries, give yourself permission to plan super simple meals like cereal with milk, egg omelets, waffles, fried eggs with toast, grilled cheese sandwiches, peanut butter and jelly sandwiches, fried eggs with rice, chicken with rice, spaghetti, chicken alfredo, tacos, burritos, and so on.

 Want more ideas for how to save money on your grocery shopping? Read this article for more than 70 suggestions for how to slash your grocery bill without needing to use coupons!

And dont forget to save money on eating out! The best way to save money on eating out is to eat out less! 🙂 My family spends on average less than $30 a month eating out, but we make it a priority to save for retirement, fund our children’s ESAs, and be consumer and mortgage debt free! 

There are lots of other ways that you can save money eating out, as well. Find 13 ideas to save money when eating out here.

Savings = $200-$300+



2. Spend less money on entertainment. 

Saving money on entertainment is another great frugal living idea. The average family in the U.S. spends close to $300 a month on entertainment. So here, too, you can save a ton of money each month if you will reduce your entertainment spending.

My favorite money-saving hack to spend less on entertainment (and the area where we save the most money) is to save on vacations and traveling! For that, I love to travel with Airbnb. If you have not tried them yet, you need to! We saved about half the price of a hotel just on our last vacation alone by using Airbnb for our accommodations. And we stayed in a three-bedroom home in a beautiful gated community with a pool and hot tub (which we had to ourselves most of the time), a playground, and more! You can sign up to become a member of Airbnb here and save $40 on your first stay!

You also should look at reducing your monthly internet bill and your cell phone bill (and specifically, your data plan). For that, my best money-saving tip is to check out Xfinity internet and Xfinity Mobile. If you’re in an area with Xfinity high-speed internet and mobile, you’ve got to check them out! We’re paying an introductory price of $40 per month for our internet (same price as the much slower internet that we used to have from a different provider), and the cell phone plan is potentially virtually free.

Since we’re such light data users (especially given the fact that Xfinity Mobile has free hotspots it seems almost everywhere—really!), we pay only $3.16 a month for taxes and fees for each line. (That’s the price if you use less than 100 MB of data per month, which we do; then it’s $12 per GB per month after that, or $45 per month for unlimited.) It’s such an awesome deal!

And Xfinity Mobile has the same coverage as Verizon, which reportedly has the best cell phone coverage in the U.S. You do need to sign up for Xfinity internet in order to use Xfinity Mobile, at least initially. You can then drop the internet service if you want, but then you’ll pay an extra $10 per month per line for the mobile service. Interested in learning more or signing up? Use this referral code to save up to $100 when you sign up: 1RQ4SP

To save even more money on entertainment, you might spend less money on the following things (or even give some of them up completely, if you really want to save money!):

  • Paying for cable or satellite. You could easily save $60 to $100 a month (or more!) by doing that alone
  • Going to the movies.
  • Going to music concerts.
  • Going to sports events.
  • Video gaming.
  • Purchasing gadgets (electronic devices).
  • Paying for subscriptions to magazines and paid TV services (Netflix, Sling, and so on—videos from the library are free!).
  • Paying for memberships to the gym, rec center, museums or zoos, and the like.
  • Participating in recreational activities like skiing, bowling, miniature golf, playing arcades, and so on.
  • Christmas shopping.
  • Your personal monthly spending money (some people call it fun money or blow money).

Find more ideas for how to save money on entertainment.

And just because you decide to spend less money on or even give up some paid activities completely, that doesn’t mean you have to give up fun! Check out this article with 90+ fun, free activities you can do without spending any money!

Savings = $200+


Related articles:

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3. Trim your transportation costs to live more frugally.

Another of my favorite frugal living ideas is to reduce your transportation expenses. Especially since you’ll be cutting back on (paid) entertainment and shopping, you can likely save money on transportation as well.

My best frugal living hack to save money on transportation is to drive paid-for cars. If you have car loans (and statistically, you do ☹), consider selling the car and buying a less expensive car for cash. The average car payment in America is over $400 a month, so if you will get rid of your car payments, you will be well on your way to saving $500 per month just by doing that alone! You can literally become a millionaire simply by deciding to live your life without car payments! (So please give it a try—the financial benefits are amazing! 😊 Learn how to buy a car for cash.)

Here are some more awesome ideas for ways to reduce your transportation costs (they really will save you tons of money if you will put them into practice, especially the first one!):

  • Enjoy staying home rather than spending money going places for entertainment. Pick up reading, playing family games, doing crafts, watching (free) movies, and doing other activities at home to save money on transportation costs.
  • If weather allows, ride a bike or walk to your destinations when possible.
  • Drive less. Combine errands and find other ways to drive less.
  • Carpool to work and school, or take the bus.
  • Telecommute!
  • Drive the speed limit. 😊
  • Use apps like GasBuddy to save money when purchasing fuel.
  • Look around for a cheaper mechanic.
  • Shop around to make sure you are getting the best deal on auto insurance.
  • Save money on auto parts by shopping at places like RockAuto (which truly has amazing prices!). If you possibly can, buy the car part yourself, even if you have a friend, family member, or trusted mechanic do the actual labor. You will save a ton of money that way! In my experience (and I have looked into this in virtually all of the auto mechanic shops in my area), the markup on car parts, even by reputable auto mechanic shops (unfortunately), is huge!

Looking for more frugal living ideas to save money on transportation? Find more than 30 ideas for how to save on transportation costs.

Savings = $50-$200+


4. Spend less on housing and related expenses (like utilities).

Another one of my most important frugal living ideas is to reduce your housing expenses.

For most families, housing is their largest expense. Fortunately, there are a lot of things that you can do to save money on housing, even if you own your home and so your mortgage is fixed. 

My favorite frugal living hack for saving money on housing is to rent out your spare bedrooms on sites like Airbnb and If you are able to do this, you could earn well over the cost of your monthly mortgage or rent payment. And you can meet some amazing people in the process.

To save even more money on housing expenses, look at these options:

  • Consider refinancing your home if interest rates have dropped significantly. (But don’t lengthen the term of your loan! Keep it the same or, even better, shorten it! :))
  • Talk to your insurance agent and find ways to lower your homeowners or renters insurance.
  • Save money on your utilities and your winter utilities bill and summer utilities bill.
  • Work to pay off your mortgage as quickly as possible so that you can invest the money in your own wealth instead of the bank’s.
  • Sell your home and purchase a smaller, less expensive home if your mortgage payments really pinch your budget or if you no longer need as much space as you once did.
  • Save a larger down payment before you purchase a home so that your mortgage payment is smaller. (Consider the 100% down plan!)
  • Rent a cheaper place.
  • Consider moving in with family or friends.
  • Simplify your landscaping (this saves money spent on watering it, too!).
  • Get a roommate (or roommates).

For even more frugal living ideas for saving money on housing costs, read this article with 30+ simple ways to save money on housing and related expenses.

Savings = $50-200+


5. Spend less money on clothing to live more frugally.

And one additional frugal living idea is to not spend so much on clothing and shoes. The average American family spends over $100 a month on clothes, so if you will spend say half of that, then you can add that amount to the money that you save each month!

My favorite hack for saving money on clothing is to set up a clothing co-op of sorts. If you have children, see if you can swap children’s clothes with your nieces and nephews or with children from your neighborhood or church. My sisters and I share clothes for our kiddos, and it is an awesome way to save money (and help out the environment just a little)! Plus, I just love seeing my nieces and nephews in clothes that my kiddos wore! It brings back such fun memories!

You can also save a bunch of money on clothes by shopping the sales and by shopping at discount clothing stores, thrift stores and second-hand stores, garage and yard sales, websites like eBay and Craigslist, and more!

Want even more ideas? Check out this article with 13 must-know ideas to help you save money on your clothes buying.

Savings = $50+


For even more frugal living ideas, check out this article with 21 must-know tips to spend less money!



There are really tons of frugal living ideas that can help you save more money! The possibilities are endless. But these 5 simple frugal living ideas are a great place to start and can help you save $500 or more per month!

And while you’re at it, in order to put yourself and your family on wonderfully solid financial ground, check out these cool things to save up money for to run your financial house smoothly.


What are your favorite frugal living ideas? Or which of the ideas above do you think will help you save the most money this year? Leave a comment below and let me know—I would love to hear your ideas!

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15 Top Tips to Help You Finally Stop Overspending
31 Budget-Friendly Easy and Cheap Dinner Recipes for under $5
42 Cheap and Easy Budget-Friendly Meals for under $5
73 Easy Ways to Save Money on Groceries without Coupons!
151 Easy Ways to Save Money: Your Ultimate Guide to Saving Money!


Invitation to Share

Was there something in this article that inspired you to change something about your money? Are there ideas or tips that you feel could help a family member or friend or people in general? Would you please take a minute to share this article via email or social media? I would love your help to share these principles of financial well-being with others. Thank you!

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