25 Habits Of Frugal People in 2022

Thank you to moomoo for sponsoring a portion of the video

In order to save money, you've got to switch your mentality from a spender to a saver. And the best way to do this is by learning from expert savers - Frugal People. In this video I look at the 25 habits Frugal People have that allow them to save hundreds of dollars each month. Simple tricks that might seem small at first but make all the difference in the long term.

TIMESTAMPS:

00:00 Intro
00:38 Join a Library
01:27 Avoid Brand Loyalty
02:13 Frugal Friends
02:38 Water Bottle
03:16 Walking or Cycling
03:47 Share Subscriptions
04:19 Avoid Takeaway
04:45 DIY
05:24 Reduce Entertainment
06:08 Meal Prep
06:40 Reduce Subscriptions
07:58 Don't Shop for Clothing
08:31 Hiroto Kiritani Stock Genius
09:55 Commission Free Investing
10:59 Wait for Sales
11:31 Check Mulitple Stores
12:01 Buy What you Need
12:22 Sell Stuff
13:41 Credit Card Rewards
14:01 Thermal Flask
14:22 Save for Retirement
14:44 Frugally Free
15:24 Take Care of Things
15:57 Track Expensives
16:23 Carpool
16:41 Yearly subscriptions

Video Mentions:

NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).

Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.

[JamesBeReal]

I’ve found it’s also important to realize that sometimes, focusing too much on being frugal can end up costing you more than you save. (I’m guilty of this.) It’s where you spend so much time trying to find the best deal or research the best option, that you waste valuable time that you could’ve spent doing something more productive, ideally towards an activity that generates additional income. Time is one thing we can’t buy and only have a finite amount of it it. So if you can afford to pay someone to do a task for you rather than spend hours learning to do it yourself or buy a product that you know how to use and gets the job done even if it’s a few dollars more, it may be worth it to save the time you can spend more wisely elsewhere. Don’t forget, time IS money! 🤘🤑

[MarketingHarry]

Going from Spender to Saver is a process. It doesn't happen overnight, you gotta adopt new mentality. Great tips! 👍

[stayhappylittlemermaid]

Stop hating yourself for everything you aren't. Start loving yourself for everything that you are.

[The.AI.Finance]

I like the paying annually tip! It always saves money, just don't forget when it's coming due again 😁

[GrowingIntuitiveEaters]

I recently rekindled my love for the library and I was missing so much! And my kids LOVE IT! Its such a fun free activity!

[bobfeller]

I live frugally within a budget, and in doing so, I use my credit card for nearly everything. I sign on once a week to pay the outstanding balance, and convert those rewards points into gas cards. Also, I save my loose change. The quarters I set aside for parking, and the rest I let accumulate...which I eventually dump into the Coin Star machine at the supermarket, and I put that cash ticket towards my groceries that day.

[family_fire]

Some really great tips here, thanks Erika! I think the paying annually one is something we could really look into

[juliekostas]

i love your channel and all these super helpful tips/lessons-- times are really tough for some of us and this info is so appreciated. *thank you*

[CitizenZero]

Owning a house is one of the biggest expenses there is. In just the last year we’ve needed: a new shed, new gutters and woodwork, a paint job, replacement of a broken dishwasher, and more.

[paul]

Libraries also have excellent free class. I have been learning Spanish with the library's help. They have classes both in person and online.

[mymoonmoon]

I nailed all the points by having Asian parents :D

[TheeEmpoweredChampions]

Thank you for these frugal tips. I am using some of the tips and they are working.

[imagenethompson]

I have used my local library for years for the free use of audiobooks.
Great tips

[timwindsor]

Awesome video ERIKA. Thanks for sharing. Keep the incredible content coming. Hope you have an amazing night. Much love

[mattyarce]

Thanks for the tips, Erika! They’ve been so helpful!

[LMTaber]

Ben following you on TikTok for a while, just found your YouTube and couldn’t be more excited! Already binged a few episodes:))

[supawizkalifia]

I know this might sound crazy to you Erika! I was gassing up my car (I live in WI) and I saw you at the kwik trip pump on a VIRAL COMMERCIAL about how you have such great tips and help people so much. They showed your tiktok shorts and youtube! It was awesome because I've been here since 2019 watching your stuff including Brains. Thank you for all you do!

[PierceJordan]

Great master list of frugal habits! All solid ways to save money and help set yourself up for a financially successful future.

[BiesingerFIREJourney]

Thank you for the useful tips!! These are awesome!

[MrsHHomeandAway]

Great vid! Love the idea of choosing annual subscriptions AFTER you've tried a monthly for a couple of months to determine if you like it.