The frugal living tips below are meant to be quick, actionable wins that can help get some cash back into your wallet. But what does frugal living mean? The definition of frugal is: “economical in use or expenditure; prudently saving or sparing; not wasteful”.

That can essentially be boiled down to looking at using your money as best possible to drive value in your life. Frugal doesn’t need to mean cheap or carry any negative connotation.

Frugal living to many people is the practice of keeping more money in your bank account as effectively as possible so it can be used on those areas that do give you value, happiness or help reach your financial goals.

There are a handful of simple frugal living tips that don’t take much time, effort or a monetary investment. The return could be a few dollars saved or potentially hundreds each year. If you want to get some easy wins, check out these 25+ ideas anyone (or almost anyone) can apply to save money, earn a little extra money or better manage their money.