Frugal People Share Money Saving Tips and Hacks

money in a wallet
(Photo credit: Buck Stevens)

There is a Reddit group called “Financial Independence“. Each week they share money saving tips in their “Frugal Friday” thread. With inflation the way it is, I thought you might like to know a few of these tips and hacks to save some of your own money.

1.  Cut sponges in half.  Once you’re used to it, a full sponge feels like overkill.

2.  Never buy the newest tech.  A three-year-old iPhone is almost as good as a new one.  Their rule is to replace your tech, but always stay three years behind.

3.  When you go out to eat as a couple, split one meal.  A lot of restaurant meals are too big anyway.  If you need more food, split an appetizer too.

4.  Switch back to bar soap.  It’s a lot cheaper than body wash and lasts longer.  Some people think it’s better anyway.

5.  Order your groceries online, but pick them up.  It saves on delivery fees, and you will spend less on impulse purchases than when you shop at the store.

6.  Slow down while driving, and don’t gun it at stop lights.  One person tested it and gained about three miles per gallon, which can add up.

What are some ways you save money?

By: Buck Stevens

Buck Stevens