How To Live as Cheaply as Possible

There are lots of reasons you may be looking to live as cheaply as possible, let’s take a look at some easy ways to save money and starting living life on the cheap!

1. Reduce Monthly Subscriptions

An easy place to jump start your frugal living journey and something that can really save a lot of money over time is with cutting back (or out!) monthly subscriptions.

As convenient as monthly subscriptions can be, limiting or combining services can help you find a little extra money each month.

When you’re evaluating which subscriptions to keep and which ones to get rid of, take a look at which ones you use the most, or that you really enjoy.

You may find it’s not quite as difficult as you think to cut back.

2. Find Sales

This tip is one of the most obvious, but it’s also one of the easiest to implement in every area of your life.

Sales are the number one way to help cut costs without eliminating spending entirely.

Whether you’re shopping for groceries, bed linens, or clothing, sales will quickly become your number one friend in the long run.

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    3. Take Advantage of Loyalty Rewards

    It’s important to remember that companies offer loyalty rewards programs for a reason. Not only do they benefit their customers, but they also help to attract more loyal customers to their brand.

    With that said, why shouldn’t you take advantage of accumulating points for benefits?

    The key here is to look for free savings programs rather than paid memberships. You’ll want to earn benefits for free without having to shell out money to maintain a loyalty status over time.

    Some of the best places to search for loyalty rewards include:

    ● Gas stations

    ● Grocery stores

    ● Clothing stores

    ● Shoe stores

    ● Makeup and beauty stores

    ● Electronics stores

    ● Furniture stores

    4. Purchasing High-Quality Items

    At this point, you might be asking, “How can I save money if I’m buying more high-quality items?” The key is to look at the cost of products over an extended period.

    Instead of purchasing cheap products with lower up-front costs, higher-quality items have greater longevity.

    Cheaper products are more likely to break or get ruined faster, as they’re crafted with lower-quality components.

    Higher-end items, on the other hand, are made from top-tier materials, ensuring they last longer. Hence, you’ll actually be spending less money over time, as you won’t need to buy replacement products– so while higher end products may end up costing a bit more up front– they are a great way to save money long term.


    Happy woman holding shopping bags and smiling at the mall

    5. Find Inexpensive Experiences and Travel

    Just because you’re living a cheaper lifestyle doesn’t mean you can’t enjoy experiences or travel.

    One way to save her is look at off-season travel to get phenomenal experiences for far less than you anticipated.

    Not to mention, you’ll also have a better time, as fewer travelers visit during certain times of the year.

    Another great idea to limit spending but still have great experiences is to try to visit local attractions.

    If you were to research all of the non-tourist attractions in your area, you’d be surprised at the number of available experiences.

    From ziplining to museum tours, you can fill your life with culture and entertainment for less by staying closer to home.

    Lastly, when you start booking your trip don’t forget to utilize Rakuten to save money and get cash back!

    6. Pick Up a Hobby

    Entertainment can be a significant budget killer and encompasses a wide variety of expenses

    Instead of spending extra money on trips to the movies, or art classes, why not opt to pick up a free hobby?

    If you’re a creative-minded person, consider writing a book or a series of short stories.

    Those who love nature can consider amassing a rock collection or taking photos of wildlife in your area.

    Activities that require little money will keep you entertained and give you something to look forward to.

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      7. Eat at Home More

      Eating out can get expensive pretty quickly. In fact for majority of families one of their greatest monthly expenses is often food.

      Planning ahead with meal planning has the potential to save you big in your budget every month. Hopefully allowing you to add more cash to your savings account .

      8. Cut Debt.

      High interest debt, like credit cards, can make a huge impact on your personal finances.

      Next time you get a statement in your mail/inbox, take a look at how much money you are spending on interest each month.

      Consider what you could be doing with that money instead.

      What Is the Cheapest Living Option?

      Let’s take a look at some popular low-cost living options.


      RV living has become a significantly popular way of life for many young adults, especially as it encourages freedom.

      Instead of purchasing a home or renting a property, you can buy an RV for a fraction of the cost. Everything you need is built into the vehicle, and you can travel anywhere you desire.

      If you need a permanent residence, RV parks typically offer plots of land that you can purchase or rent.

      Alternatively, you can live your life on the go, as long as your job allows you to work remotely.

      Some RVs have fantastic luxuries, such as wireless internet, heated toilet seats, and beautiful interiors that you’ll love. Yes, you’ll pay more for these (thats why they are called luxuries), but if you are living in a high cost of living area, these luxury RVs may still be a cost savings to you!

      Live-In Property Manager

      With the impressive number of real estate investors worldwide, property managers are an important area of expertise. You’ll be responsible for watching over and maintaining the property until it’s rented or until the owners retake possession.

      If you can find a live-in position, it will often cost you nothing to live in the properties, as your work pays for your stay.

      Get Roommates

      If neither of the two options appeals to you, finding a beautiful space and getting roommates can significantly reduce living costs.

      Instead of footing the entire bill for your home, you can share the expenses with one or two other individuals. You’ll also have the ability to maintain your own space, especially if you’re able to find a duplex or triplex.

      As long as you find friendly, safe roommates, there’s not much that can go wrong with renting out parts of your property.

      It can also be a great way to get your own space while still saving to purchase a single-family home in the future.

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      Drop your email address below to grab 3 months of money-saving ideas and join a community of 22K other savvy savers!

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        Living Life on the cheap

        Out of all of the tips I’ve given so far, my top recommendation for living on the cheap is to establish a budget. Even though it seems like quite a task at first, a budget is a fantastic way to keep an eye on your expenses.

        Not only will you be more aware of your monthly responsibilities but also areas of your life where you can limit spending.

        How To Live as Cheaply as Possible: Final Thoughts

        By managing your finances, reducing your spending, and investing in high-quality items, you can certainly find more money in your budget!

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        Kristen is the founder and content creator at Mom Managing Chaos where she teaches busy moms how to simplify and organize their life and finances. She writes about frugal living, budgeting, productivity and organization.