“What’s The Most Frugal Thing You Do?” (50 Answers)

Many of us might think frugal living is all about grabbing the cheapest products off the shelf, but that’s not quite the case. Being frugal isn’t about depriving yourself or cutting corners at every turn—it’s about making smart, thoughtful choices that save money without compromising on quality.  

A blog post by Synchrony sheds light on this common misconception. “One of the misconceptions of frugal living is that you should always buy the cheapest item, no matter what,” they mention. Instead, frugality is about prioritizing value over price. Whether it’s a product or service, focus on what you’re actually getting for your money. Spending wisely sometimes means investing a little more upfront for something that lasts longer or delivers better results.

One of the most important aspects of frugal living is learning to live below your means. This doesn’t mean you can’t enjoy life or treat yourself now and then—it’s about being mindful of your spending and making choices that align with what you can genuinely afford.

Credit can be a useful tool, but it should be used for convenience, not as a way to buy things that are beyond your budget. It’s a small adjustment that can have a big impact on your financial peace of mind.

One of the golden rules of frugal living is knowing the difference between wants and needs. It’s easier said than done, especially when everything seems tempting, but learning to prioritize what you truly need can save you a ton of money in the long run. 

When it comes to big purchases like houses or cars, smaller is often better. A smaller home means lower utility bills and less maintenance, and a compact car is usually more fuel-efficient. Downsizing where it makes sense can free up funds for other priorities.

Food is another area where frugal living can make a big impact. Planning your meals in advance not only helps you avoid last-minute "I'm starving, let’s order takeout" moments, but it also reduces food waste. A little prep work can lead to big savings over time. 

Don’t shy away from secondhand products. Whether it’s furniture, clothes, or gadgets, buying pre-loved items can save you a fortune. Plus, it’s eco-friendly and gives perfectly good items a second life.