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You need money in the bank, and you’re doing what you can to make it happen. You’ve stopped eating out, cut every unnecessary expense, and have even tried a money
saving tip or two …
Yet despite your efforts, all the tips you’ve found on “how to live frugally on one income” haven’t made an impact on your savings account. And now you’re jaded over the whole failed promise of frugal living…
You’ve come to the right place. We love frugal living and, like you, we love saving money without feeling like we had to give up everything. And after saving over $11k in 10 months on one income –averaging $3,300/month- we have a pretty good idea on which of the “best frugal living tips” work and which do not.
Spoiler: we’ve come to find that the best frugal living tips are those that don’t interrupt your daily routine. If you can blend 3 or 4 free money-saving services that save you money automatically (like Rakuten), then immediately you’ll live more frugal with zero effort.
This guide is not a roadmap to being “cheap”. Instead, you’re about to get 40+ practical (and easily achievable) ways to be smart with your money so that living frugally on one income comes naturally.
Let’s dive in…
How to Live Frugally On One Income (or 2): 40+ Simple Tips to Save Money
How To Live Frugally Table Of Contents
Food is the #1 place people overspend [source], and grocery stores know it. They use every tactic in the book to lure you into spending more money than you intended. (The candy is not in the checkout aisle for your convenience, people!) Take these frugal living tips, and use them to cut costs on food.
1. Save $5 Every Time You Visit the Grocery Store
$5.00 in 5 seconds? It’s possible with the Ibotta app.
Ibotta is a free mobile app (iOS and Android) that pays you free money every single time you go grocery shopping!
Simply snap a picture of your grocery receipt and immediately, your Ibotta account updates with free money, ready for you to redeem it in the form of a free Amazon gift card, Visa gift card, your favorite restaurant’s gift card, or PayPal cash.
So, if you like free money… Download the Ibotta App here and grab a free $20 gift card just for trying it out!
Update 03/26/20: Ibotta has cash-back offers on grocery and restaurant delivery services:
– DoorDash– $2.50 Cash Back on your first order
– Instacart– 2% Cash Back
– Grubhub– 10% Cash Back for new customers, 2% Cash Back for existing.
– Blue Apron– $12.50 Cash Back for new subscribers
– Home Chef- $10 Cash Back for new subscribers
Related Post: Ibotta App Review
2. The *Easiest* Money You Will Ever Save (Plus grab a $1 gift card today!)