6 Things Frugal People Never Spend Money On
You’ve mastered the art of cutting back – brewing your own coffee, avoiding Target dollar-spot temptations, and resisting the allure of avocado toast (cut to: millennial eye-roll).
Yet, those pesky monthly bills remain. We get it, and we’re here to spill the beans on how to break free from the shackles of rent, utilities, cell phone bills, insurance, and grocery expenses.
Ready to free up some cash? Read on for the ultimate frugal playbook:
1️⃣ Don’t Get Stuck With a Surprise Home Repair Bill
When your fridge quits or your AC ghosts you, your homeowner’s insurance doesn’t care. And those surprise repairs? They can cost $1,000+.
Choice Home Warranty has your back and covers the big-ticket stuff your insurance skips. Things like your fridge, washer, dryer, HVAC, and more. Plus, they offer 24/7 repair service you can request in seconds.
Over 2 million homes already use it to avoid surprise repair bills and save $1,000s. You can too.
It takes 30 seconds to see how much coverage you need. Take the quiz and get your free quote today.
2️⃣ Stop Paying Your Credit Card Company
If you have credit card debt, you know. The anxiety, the interest rates, the fear you’re never going to escape…
And the truth is, your credit card company doesn’t really care. It’s just getting rich by ripping you off with high interest rates — some up to 36%. But a website called AmONE wants to help.
If you owe your credit card companies $100,000 or less, AmONE will match you with a low-interest loan you can use to pay off every single one of your balances.
The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates (AmONE rates start at 6.40% APR), you’ll get out of debt that much faster. Plus: No credit card payment this month.
You don’t need a perfect credit score to get a loan — and comparing your options won’t affect your score at all. Plus, AmONE keeps your information confidential and secure, which is probably why after 20 years in business, it still has an A+ rating with the Better Business Bureau.
It takes less than a minute and just 10 questions to see what loans you qualify for — you don’t even need to enter your Social Security number. You do need to give AmONE a real phone number in order to qualify, but don’t worry — they won’t spam you with phone calls.
3️⃣ Earn Up to $300 When You Direct Deposit With This Account
Still got your money sitting in a regular bank account doing basically nothing? Same. Most places are still offering around 0.40% APY — which, let’s be honest, isn’t even coffee money.
SoFi Checking and Savings (yep, Member FDIC) is kind of a game-changer. Set up direct deposit (or keep $5,000+ in your account) and you could earn up to 4.50% APY on savings for your first 6 months. That’s 3.80% APY, plus a 0.70% boost just for being new. You’ll also earn 0.50% APY on checking.
And when you set up direct deposit, you’ll score a $300 welcome bonus just for making the switch (terms apply).
There are no monthly fees, no overdraft fees, and no minimums. You can get your paycheck up to two days early, hit up 55,000+ fee-free ATMs, and your money is insured up to $3 million through SoFi’s Insured Deposit Program.Ready to put your money to work?
Open a SoFi Checking and Savings account today and start earning more.
4️⃣ Ask This Company to Get a Big Chunk of Your Debt Forgiven
A company called National Debt Relief could convince your lenders to simply get rid of a big chunk of what you owe. No bankruptcy, no loans — you don’t even need to have good credit.
If you owe at least $15,000 in unsecured debt (credit card debt, personal loans, medical bills, etc.), National Debt Relief’s experts will build you a monthly payment plan. As your payments add up, they negotiate with your creditors to reduce the amount you owe. You then pay off the rest in a lump sum.
On average, you could become debt-free within 24 to 48 months. It takes less than a minute to sign up and see how much debt you could get rid of.
5️⃣ Credit Cards: Slash Your Credit Card Debt — Unlock No Interest Payments Into 2027
Struggling with credit card debt? You’re likely also dealing with high-interest charges that can significantly impact your financial situation — it’s a tough problem to sort out.
But where to even start?
If you have good to excellent credit, switching to one of these top-tier 0% intro APR cards from Motley Fool Money’s carefully curated list could help you consolidate payments and cut your interest for nearly two years. You could not only fast-track your debt repayment but also save thousands in interest.
Motley Fool is picky, meaning they’ll only highlight cards that really stretch your dollar and cut down on costs. Plus, they break down everything you need to know: from intro-rate deals and welcome bonuses to rewards and fees — no surprises, just clear info.
So if you’re looking for a financial lifeline without the drag of accumulating interest, check out Motley Fool’s list of best cards with 0% Intro APR offers, and wave goodbye to interest until 2027.
