The 5 Frugal Living Tips That Have the Biggest Impact 

Frugal living is managing your money based on your values and priorities. Done right, you’ll spend your money on what’s important and minimize what’s not.

Frugal living doesn't have to mean self-sacrifice. Learn to flip the script on frugality, get more of what you want, and live a better life. 

Pay Your Priorities First

1

Once you understand what’s important to you, you want to make it as likely as possible that your spending matches your priorities.

Create a “To Buy” List

2

It’s not that frugal people don’t have wants and desires. What separates frugal people from the typical impulse spender is time. With time, those who are frugal reflect on whether a purchase really does reflect their values.

Set up Barriers to Temptation

3

A good place to start would be deleting food delivery apps from your phone. For better results, delete those accounts altogether (not just the apps).

So that you don’t find yourself re-downloading the app when you’re hungry and don’t feel like cooking.

Show No Mercy on Stuff That Doesn’t Matter

4

When you declare something unimportant, show no mercy in cutting costs in that area.

For example, having a nice car has never been on my list of desires. I therefore drive a 10-year-old Ford Fusion, which I have no plans to replace.

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