Frugal Living for Beginners: 10 Most Easy Changes to Make Today

In order for you to do the same, you need to be clear about your goals. I recommend getting a planner (I love my Passion Planner!) to note down some of your goals and plans. Try to make them action orientated, for example: ‘Save $100 more every month’ as opposed to simply ‘Save more money’. I find simply noting down your goals can be a great first step in making plans to actually achieve them.

2. Evaluate Your Outgoings

Have you ever really tracking your outgoings before? It’s not something that many of us are in the habit of doing, but when you think about it, this should be our first step for frugal living for beginners!

You can either use a budget tracking app or simply note down all your spending on a spreadsheet alongside your income (as a freelancer, this is something I’ve had to get into the habit of – my money never comes in one day!).

A few (free) budget trackers you might find useful include:

  • Mint
  • Yolt
  • Personal Capital (great if you have investments and multiple savings accounts you want to track all in one place)

3. Easy Swaps: Bills, TV, Internet

There are a few super easy swaps you could make today to start living a more frugal lifestyle – and save money instantly.

These include:

  • Getting new quotes for your utility provider. Many people find that they can save $100 at least simply by switching providers (especially if you haven’t considered changing in years).
  • Cancel your TV subscription. In a world with Netflix and iPlayer, do you really use your TV service that often? Canceling it and signing up for a service such as Netflix, Hulu or Amazon Prime can save you a lot of money every month.
  • Get a new Interner provider. Similar to your utility provider, you could find you’re spending way more money on your internet than you need to.
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