Skip to Content

Top Frugal Tips to Save and Make More Money Today!

Frugality is an art form. It requires self-control and knowledge about when things are worth your money and when they are not. Frugality also requires determination and effort to save and make more money. Let’s take a look at the top frugal tips to save and make more money today.

Only Buy High-Quality Items That You Need

One of the biggest and most damaging misconceptions about being frugal is that it means buying the cheapest items available. This is not the case. Instead, being frugal is about spending your money wisely. In other words, it is about discerning how much products are worth and not living above your means.

Because living frugally does not necessarily mean buying the cheapest item on the rack, the biggest frugal tip to remember is to buy high-quality items you need. In other words, don’t spend money on things you don’t need, don’t automatically get the cheapest item on the rack, and don’t get the most expensive item either.

Happy Asian business woman with smart phone in hand making money online with banknotes flying in the air

Pay Off Your Debts

Another critical frugal tip is to pay off your debt sooner rather than later says, Consumer Finance.

The sooner you pay them off, the less interest you have to pay.

We find that the snowball method is best for those who are just getting started with debt consolidation.

Shop Used

When you can, shop used. There are many high-quality products at thrift stores.

Buying items used will allow you to buy them for cheaper. Plus, it is better for the environment.

If you can’t find a high-quality used item, buy the item new.  

Make Your Own Food

You can spend (and waste) a whole lot of money on food. Instead of eating out frequently, make your own meals.

More than that, you can save even more money by making individual types of food, such as bread.

You can find recipes for making an entire loaf of bread for about 65 cents.

Take Up A Side Gig

Side gigs are a great way to make extra money from the comfort of your home, allowing you to make more money, which then lets you save more.

Our favorite side gig is to make money taking surveys with companies like branded surveys.

These surveys pay for your opinion.

The best part about taking online surveys as a side gig is that you can take them while watching TV and relaxing.

Keeping your money in a savings account is great for instant availability, but you aren’t making any interest on this money.

Normal savings accounts pay our pennies on the dollar in interest.

Consider investing a portion of your savings into assets that pay a significant return.

Stocks and mutual funds are a good place to start. For the younger generation, consider investing a small portion into digital currencies.

Cryptocurrency prices are at an all-time high and are only projected to increase over time.

You can find a list of cryptocurrencies on that shows the value of each today and a historical view of prices over time.

Use Loyalty Programs

Loyalty programs can help you both save money and earn products, depending on the loyalty program you select.

We recommend joining loyalty programs to stores you shop at frequently.

You can also use money-saving apps for more money.


The last way you can save and make money is to try your hand at DIY items—making things DIY can be cheaper than purchasing them.

Not to mention, you can even start selling your products online if you get good at making them.

Final Thoughts

Being frugal isn’t about buying the cheapest items in the store. Instead, it’s about spending your money wisely.

We hope that these frugal tips can help you make and save more money.

error: Content is protected !!