Examples of extreme frugality are all around us. It’s no secret that being frugal can help you save money. In fact, many people are now looking to adopt a more frugal lifestyle in order to get ahead financially.
But what does “frugal” mean exactly? And how can you be more frugal without making too many sacrifices? In this blog post, we will explore 31 examples of extreme frugality.
We will also provide tips on how you can start living a more frugal life without making too many changes!
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What Does “Frugal” Mean Exactly?
The definition of frugal is “characterized by or reflecting economy in the use of resources.” In other words, frugal people are careful with their money and they don’t waste anything. Frugality can be applied to all aspects of your life, from the food you eat to the way you spend your time.
Why Everyone Should Try Some Examples Of Extreme Frugality To Change Their Financial Future!
While in reality, not everyone can live an extremely frugal lifestyle, for those that can, it is a great way to see what living frugally can do for you and your finances. It can be quite an adjustment, but if done correctly, you will have more money in the bank, less debt, and be able to save for your future.
The list of examples of extreme frugality below can help:
31 Examples Of Extreme Frugality
#1. Buy in bulk
#2. Shop at thrift stores
#3. Take your own lunch to work
#4. Make your own coffee
#5. Buy used items
#6. Cancel unused subscriptions
#7. Negotiate lower rates with service providers
#8. Buy generic brands
#9. Drive less
#10. Use public transportation
#11. Make your own cleaning products
#12. Heat and cool your home efficiently
#13. Repairing instead of replacing
#14. Grow your own food
#15. Use LED light bulbs
#16. Take advantage of tax breaks and deductions
#17. Free Furniture
#18. Save Rainwater
#19. Reuse and Repurpose
#20. Shop at Flea Markets
#21. Use a Clothesline
#22. Maintain Your Vehicle
#23. Wrap Your Water Heater
#24. Use a Space Heater
#25. Take Shorter showers
#26. Install a Low-Flow Shower-head
#27. Pick Up Loose Change
#28. Cut your own hair
#29. Make Your Own Baby Food
#30. Get free samples
#31. DIY treatments and remedies
31 all-time best Examples of Extreme Frugality
1. Buying in bulk
When you buy groceries or other household items in bulk, you can save a lot of money. This is because you are getting a better deal on the items when you purchase them in larger quantities.
2. Shopping at thrift stores
Thrift stores are a great place to find cheap clothes, furniture, and other household items. In fact, you can often find brand new items at thrift stores for a fraction of the price that you would pay at retail stores.
3. Taking your own lunch to work
If you regularly eat out for lunch, you could be spending a lot of money each month. Instead, try packing your own lunch and bringing it with you to work. This will save you a lot of money in the long run! Bringing your own lunch to work instead of buying lunch out is a great way to save money. Not only is eating out expensive, but it’s also not very healthy!
4. Making your own coffee
Coffee is an expensive drink, especially if you buy it from a coffee shop. Instead, try making your own coffee at home. This will save you a lot of money each month!
5. Buying used items
When you buy used items, you can save a lot of money. This is because used items are often much cheaper than new items.
6. Canceling unused subscriptions
If you have any monthly subscriptions that you aren’t using, cancel them! This will help you save money each month.
7. Negotiating lower rates with service providers
If you are unhappy with the rates that you are currently paying for services such as cable, internet, or cell phone service, negotiate a lower rate with your provider. Often, providers will be willing to work with you in order to keep you as a customer!
8. Buying generic brands
Generic brands are often much cheaper than name-brand items. If you don’t mind sacrificing a bit of quality, try buying generic brands instead of name-brand items.
9. Driving less
If you can find ways to reduce the amount of driving that you do, you can save a lot of money on gasoline. Try walking or biking instead of driving when possible.
10. Using public transportation
Another way to save money on transportation costs is by using public transportation instead of driving. This can be especially cost-effective if you live in a city with a good public transportation system!
11. Making your own cleaning products
It’s surprisingly easy to make your own cleaning products using simple ingredients that you probably already have in your kitchen.
Not only will this save you money, but it will also help reduce the amount of chemicals that come into contact with your skin!
12. Heating and cooling your home efficiently
One of the biggest expenses for many homeowners is heating and cooling their homes. By making sure that your home is heated and cooled efficiently, you can save a lot of money on energy costs!
13. Repairing instead of replacing
When something breaks or needs to be replaced, ask yourself if it’s worth the cost to repair it instead of replacing it. Often, repairing something is much cheaper than replacing it!
14. Growing your own food
One of the best ways to save money on groceries is by growing your own food. Not only will you be able to get fresh produce for a fraction of the price that you would pay at the grocery store, but you’ll also be helping the environment!
15. Using LED light bulbs
LED light bulbs use a lot less energy than traditional light bulbs, and they last much longer too! Switching to LED light bulbs is a great way to save money on lighting costs.
16. Taking advantage of tax breaks and deductions
There are many tax breaks and deductions available to taxpayers, so make sure you take advantage of them! This can help you save a lot of money on your taxes.
17. Free Furniture
One great way to get free furniture is to look for items that are being given away. You can find notices for free furniture all over the place, including online, in newspapers, and on bulletin boards.
Another option is to search through classified ads or online auctions. Sometimes people will sell their furniture very cheaply because they are moving or upgrading. Keep your eyes open for these opportunities and you could score some great pieces without spending a penny!
18. Save Rainwater
One way to save money on your water bill is to collect rainwater. You can do this by installing a rain barrel or cistern. Not only will you be saving money, but you’ll also be doing your part to conserve resources.
19. Reuse and Repurpose
There are many ways to reuse and repurpose items around your home. For example, you can use old jars to store spices or utensils in the kitchen, or use an old shirt as a dust cloth. You can also repurpose furniture by painting it a different color or using it for a different purpose.
20. Shop at Flea Markets
One of the best ways to save money on your wardrobe is to shop at flea markets. You can find great deals on clothing, furniture and other household items. Just be sure to take the time to inspect everything carefully before you buy it.
21. Use a Clothesline
A clothesline is a great way to save money on your electric bill. Not only does it save energy, but it also helps your clothes last longer. Plus, it’s a great way to get some fresh air and sunshine!
22. Maintain Your Vehicle
One of the best ways to save money on gas is to maintain your vehicle properly. Make sure you keep up with the regular maintenance and repairs and don’t wait until the last minute to take it in for service.
23. Wrap Your Water Heater
Another way to save money on your energy bill is to wrap your water heater. This will help keep the heat inside and make your home more comfortable.
24. Use a Space Heater
If you’re looking for a quick and easy way to save money on your energy bill, try using a space heater. Space heaters are much more efficient than central heating, and they can help you save a lot of money in the wintertime.
25. Take Shorter showers
One easy way to save money on your water bill is to take shorter showers. If you can cut back by just five minutes, you’ll be able to save up to $100 per year!
26. Install a Low-Flow Shower-head
If you’re looking for a more permanent solution, consider installing a low-flow shower-head. This will help you save water without having to cut back on your showers.
27. Pick Up Loose Change
One easy way to save money is to pick up loose change. This can add up over time, and before you know it you’ll have saved a few bucks.
28. Cut your own hair
One way to save money on haircuts is to cut your own hair. This can be a bit tricky, so you’ll need to practice a few times before you do it for the first time. Just make sure you have the right tools and know how to use them properly.
29. Make Your Own Baby Food
Another great way to save money on your food bill is to make your own baby food. This is not only economical, but it’s also a great way to ensure that your child gets the nutrients they need.
30. Free samples
One great way to save money is to take advantage of free samples. You can find free samples online, in stores and even at restaurants.
31. DIY treatments and remedies
One way to save money on healthcare is to use DIY treatments and remedies. There are many treatments and remedies that you can make at home for a fraction of the cost of store-bought products.
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Conclusion – Examples of Extreme Frugality
There are many other ways to live a frugal lifestyle and save money, and these are just a few of the best ones. By using these tips, you can start saving money today. So what are you waiting for? Start saving money now!
Over to you
Have you ever lived a frugal lifestyle? Do you have other examples of extreme frugality you would like to share? Please share your comments below!
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About the Author
Don is a father, real estate investor, self-directed investor and a personal finance enthusiast. He also holds an MBA and loves to share his financial Journey with others.