There’s a difference between living frugal and living cheap. Living cheap means denying yourself. Living frugal means being smart about money.
It means living below your means so that you can save or invest money. If you’re looking to start being smarter about your money, we’ve got the best frugal living tips to start you on your way.
7 Best Frugal Living Tips
You want to start saving money by living below your means. Great! Where do you start? Try these tips to kickstart your frugal living lifestyle:
- Shop generic brands.
- Pick the right credit card.
- Avoid credit card debt.
- Create and stick to a budget.
- Clip coupons.
- Comparison shop before you buy.
- Plan meals ahead of time.
Keep reading to learn how these tips can help you live frugally.
When you buy name brands, it’s probably because your parents or someone else you trust told you those are the best products on the market. Or maybe it’s because you saw them in a commercial.