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12 Extreme Cheapskate Tips You Won’t Believe Actually Will Save You Money

22 days ago

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These extreme cheapskate hacks can help you stretch your dollars further and achieve your financial goals without sacrificing the things you love. With these ingenious and practical tips, you can embrace a frugal lifestyle like never before!

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Are there any reasonable extreme cheapskate tips? We might think that being a mean extra cheapskate is bad, but these are actually great tips and will save you lots of money. So if they call you a cheapskate- then so be it!

1. Use Grocery Bags for Trash

If you get free grocery bags when you shop, then save the ones that don't have holes to use as trash bags. Many people have an excess of these plastic bags, so cut down on waste and save money by using them for trash bags!

2. Line Dry Your Clothes

Want to save money on your electric bill? If you live in the right climate, you can skip the dryer and hang clothes on a line instead. This will not only save money on electricity but will also help your clothes last longer.

3. Eat Out Less

Everyone loves to eat out. Someone else has to cook, there are no dishes to wash after, you don't have to grocery shop, and mostly, it's fast and convenient. But not suitable for your wallet.

Even if you hate cooking, you should try to find some recipes you could make on your own and start food prepping so you can spend some time in the kitchen but have delicious food all week.

4. Make Your Own Baby Food

Baby food is expensive and full of sugar. It's easy to make your own from home. Whatever you cook for yourself can easily be pureed down, and snacks in between are made with pureed fruits and vegetables.

5. Rotate Your Streaming

There are many streaming services now, and they all have different shows and movies. It's hard not to subscribe to all the ones that have shows you want to watch. But while they only range in a monthly cost from $7 to $20, this can add up fast.

Rotate your services. Get Netflix for a month or two, and watch everything that interests you. Then, move on to Disney, Hulu, HBO, and all the others. Keep on canceling and then signing up just to watch what interests you.

6. Jobs Can Pay For Schooling

College is expensive, and while furthering your education can help you get into a career you love, sometimes the cost is not worth it. However, many employers have a reimbursement program for community college courses.

This may not help you get your Bachelor's degree, but it will pay for some of your credits, so you can save and focus on paying for the classes you need for the field you want to work in.

7. Credit Cards

Many frugal people advise against credit cards, especially some leading personal finance personalities. However, many credit card companies offer a cash-back incentive. If used responsibly, credit cards can save money and help build credit.

Get a credit card with cash back, and don't spend more than 10% of your credit line. Then, pay it back when it's due, not too early, to raise your credit score.

8. Couponing

Coupons can save a little occasionally, but those little pennies can add up quickly. Many noted that if you have witnessed someone in the store at the check stand with coupons, you watch in awe as their total cost drops after the coupons are scanned. You can easily find coupons on coupon apps to help you find coupons easily!

In some cases, cooking instead of eating out is cheaper, but with coupons and deals, you can sometimes get a meal at a restaurant for less—despite what we said before!

9. Thrifting

Many people in the thread suggested that thrift stores carry clothes, furniture, entertainment, and more. So buying second-hand can cut some costs. And if you're a little handy and artistic, you can buy pieces that aren't quite to your taste but fix them up to your liking at a fraction of the cost of buying new.

If you can wash it, you can buy almost anything second-hand. You can get clothes, furniture, crockery, cutlery, linen, décor, and, sometimes, appliances and gifts.

10. Buy In Bulk on Sale

Many suggest buying regularly used items like hygiene products, paper towels, etc., in bulk while on sale. Then, when you're running low, start "window shopping" around until you spot the deal again and stock up on more.

It can help you never pay full price on items you always use and need. Of course, this can also work for things you use occasionally. Keep a running list of items you may need and purchase them when you see a good deal.

11. Water and Vinegar Cleaner

You can create an all-purpose cleaner by mixing water and vinegar in a 1:1 ratio. This cleaning solution kills some household bacteria and hard water spots and cuts through the grime.

This cleaner is excellent, but do research to see what cannot be cleaned with vinegar, like clothing, stone counters, etc.

12. Transportation by Bicycle

For some, buying a bicycle to get around is not very practical. But for those who live in the city, close to work or shopping, this could be a very inexpensive way of travel. In addition, it saves gas and car maintenance, and you get a little exercise. Get a decent bike that can be used for a few hundred dollars. Initially, it's more expensive, but you save a lot in the long run.