11 Frugal Living Tips Boomers in Retirement Need To Know

Middle-class Americans need to start saving money, and they need to do it stat.

Inflation is rising, and no one is getting paid more. Everything is just so expensive. Frankly, it's exhausting. But there is hope. Frugal living is really not that bad. There are some great ways to save money and feel better about yourself. Using these tips to simplify your life and reduce your spending will make you happier than ever.

Senior gardener with a spade in the garden.Photo byAlexander Raths/Shutterstock.

Living a simpler life is the best way to save money because it makes you feel happier and freer.

1. Cut Out The Alcohol

Alcohol is one of the most expensive drinks you can buy, and it’s not even good for you. By cutting down on alcohol, you’re saving money and improving your health. Plus, once you stop drinking, you may notice that your other habits also straighten out.

2. Practice DIY Home Beauty Treatments

Spas and salons are a lovely treat, but a lot of the time, they’re overpriced. Learn how to do your hair, nails, and tanning routine at home. You’ll be saving money and learning a new skill! While beauty influencers might try to convince you that you need specific products or techniques, old-fashioned treatments usually work just as well!

3. Batch Cooking for Efficiency

Batch cooking is when you make a lot of food at once and then store most of it for later use. Not only does this save you time, but it can also help you money on grocery shopping. If the food is already made, you'll be less likely to order take-out or buy lunch.

4. Plan Low-Cost Outings

Everyone needs to get out sometimes - but you don’t have to break the bank while doing it! Plan free or cheap activities whenever you’re going out. You’ll have fun and be saving money. You can do so many free things, and you'll have some great adventures trying out new things.

5. Repair or Repurpose Furniture

Don’t throw out your furniture once it gets old! Consider reusing it somewhere else in the house, or try fixing it and returning it to its former glory. See if you can get free furniture from people moving or downsizing, and be creative in making it work for your home.

6. Utilize Free Workout Videos

There are thousands of workout videos available online for free. They can help you stay fit without paying for a gym membership. You can slowly get exercise equipment for your house if needed, but often, you can do most workouts with just YouTube.

7. Mend Household Items

Try mending household items when they break or get worn instead of immediately buying new ones. Many items can be repurposed with just a little bit of fixing up! Learn how to sew to mend small tears and buttons.

8. Limit Paper Towel Usage

Paper towels are useful, but using them too often can be expensive! Instead, try only using them when you need them. Or, use reusable washcloths or rags instead. It's a quick and easy way to save money and reduce garbage.

9. Reuse Gift Wrapping

Whoever said you need to buy new gift wrapping every time you get someone a present? Reuse gift wrapping from things gifted to you to save time and money!

10. Use Homemade Insect Repellent

Insect repellent is easy to make at home and cheaper than store-bought options!

11. Avoid Unnecessary ATM Withdrawals

Many ATM withdrawals incur an extra fee, so you’ll want to avoid using them whenever possible. Instead, get cash back when you go to the grocery store or when you visit your bank in person.

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