Frugal Habits That Will Keep You Debt Free

frugal habits

Whether it’s cutting back on unnecessary expenses, making wise purchasing decisions, or finding creative ways to save, embracing frugality can have a profound impact on our lives. Let’s explore practical frugal habits that can help you take charge of your finances and pave the way to a debt-free living.


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  • Legendary investor Warren Buffet still lives in his modest home in Nebraska. A home that he bought at the price of $31,500 in 1958.
  • Sir Richard Branson, founder of the Virgin Group, said he didn’t feel buying expensive art or bottles of wine worth more than £10 was justifiable.
  • Facebook founder Mark Zuckerberg was spotted shopping at Costco with his wife.
  • A-list American actress Jennifer Lawrence said in an interview: “”I still look for bargains when I go to the market.”

You probably have heard of these celebrity anecdotes about the frugal habits of some richest people in the world. We may be surprised to find that they are thriftier than us in some ways!

If you’ve stumbled upon this blog post through a search engine or social media, chances are you’re looking for ideas to practice frugality to pay off your debt or achieve other financial goals.

Frugal Habits That Work

Therefore, I do not intend to write in length about the importance of frugality or prudence in spending. 

Instead, as someone who has successfully paid off her debt and mortgage, I’m a living example to assure you that the following frugal habits do work

Let’s dive in!

Save for later ⤵️

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15 Frugal Habits for Debt-Free Living

1. Eat Out Less Often

Dining out at restaurants can be expensive, so cutting back on eating out and opting for home-cooked meals can lead to significant savings over time. Additionally, cooking at home allows you to control the ingredients and portions, promoting healthier eating habits.

2. Pack Your Lunch Box

Bringing your own lunch to work or school can save you money compared to purchasing meals from cafeterias or eateries. Preparing your lunch in advance also gives you the freedom to choose nutritious and cost-effective options.

3. Shop by a Grocery List

Creating a grocery list before heading to the store helps you stick to a plan and avoid impulsive purchases. This frugal habit can minimize wasteful and impulsive spending and ensure you buy only what you need.

4. Stop Buying Bottled Water

Investing in a reusable water bottle and refilling it from the tap or a water filter can save you money on bottled water expenses. It’s also an environmentally friendly choice that reduces plastic waste.

5. Make Your Own Coffee

Frequent visits to coffee shops can add up quickly. Brewing your own coffee at home and taking it on the go in a reusable cup can lead to substantial savings over time. Also, it’s friendlier to the environment.

6. Use a Smaller Shopping Cart

Using a smaller shopping cart while grocery shopping can encourage you to be more mindful of your purchases. It limits the space available for items, reducing the likelihood of overspending.

If you shop at stores like Daiso and IKEA where you may be tempted to buy those seemingly useful cute little items, try not to take a cart or basket at all. This is my secret tip to avoid buying unnecessary products.

7. Implement A Waiting Period

When considering non-essential purchases, implement a waiting period, such as a week or a month, before making the decision. This helps you determine if it’s something you genuinely need or just an impulse buy.

8. Buy Preloved Items

Embrace buying second-hand or preloved items, such as clothing, furniture, or electronics, to save money. Thrift stores, online marketplaces, and garage sales can offer excellent deals on gently used goods.

Last year, I bought a Panasonic cubie oven that a friend recommended to me a few years ago. The waiting period I implemented was so long that by the time I finally decided to get one, the price had gone up substantially and beyond my budget.

Instead of buying a new one, I found a used item on an online marketplace, which saved me about 30% of the cost.

9. Compare Shops and Opt for Cheaper Alternatives

Before making a purchase, compare prices from different stores or brands. Look for cheaper alternatives or consider generic products that offer similar quality at a lower cost.

Also, keep a habit of checking the price tags.

10. Buy Only Necessary Things

Track and review your expenses to identify things that you can and should stop buying.

Things like trendy new cell phones, cute decor and accessories, expensive branded goods, and gym membership are items you can consider cutting off altogether. By eliminating unnecessary spending, you can allocate more funds towards savings and essential needs.

Download the FREE Monthly Expense Tracker PDF below to start tracking your expenses!

11. Shop Off-Season

Take advantage of off-season sales and discounts. Buying items like clothing, holiday decorations, or outdoor equipment during their off-season can lead to substantial savings. 

12. Conserve Energy

Being mindful of energy usage at home, such as turning off lights and appliances when not in use, using energy-efficient bulbs, and adjusting thermostat settings, can lead to lower utility bills.

13. Create a Budget and Stick to It

Establishing a budget that outlines your income, expenses, and savings goals can help you stay on track with your financial objectives. Stick to your budget to avoid unnecessary overspending.

Check out this post for six practical steps to create a feasible budget.

If you don’t know how to start, click the “Yes! Send Me The Free PDF” button below to download a budget planner for absolutely FREE.

14. Sell or Swap Unused Items

Declutter your home and consider selling or swapping items you no longer need. You can make some extra money by selling them online or exchanging them with others for things you may want.

15. Buy Quality and Durable Items

Invest in high-quality and durable products, even if they might be more expensive upfront. These items tend to last longer and save you money in the long run by reducing the need for frequent replacements.

For example, when it comes to buying shoes, I always prefer to buy shoes that are comfortable to wear and durable.

I have a pair of Converse sneakers that I’ve worn for more than a decade (no kidding)! They are timelessly stylish, gentle on my feet, and incredibly durable. They are my favorite shoes to wear when going out and traveling. 


Thanks to these frugal habits, I was able to spend less and save fast. When my freelancing work was doing well, sometimes I could even save up to more than half of my income and allocate those funds to repaying my home loan.

In this way, I managed to pay off my mortgage and become debt-free. Now, although I’ve lost my freelancing job and regular income, my savings and debt-free status give me leeway to explore and experiment with what I can do online to make money, which I believe will be a better option in the long run. 

Small habits can make big changes. Start by developing only a few habits first and build up the others slowly. 

Save for later ⤵️

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