10 REALISTIC WAYS to Cut the Cost of Living Alone- Saving Money with Frugal Living

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Published 2023-05-05
Living alone can be expensive, but there are ways to save money and still have a comfortable lifestyle. In this video, I'm sharing 10 realistic ways to cut the cost of living alone. Enjoy these 10 frugal living tips to help get you started living on your own, or if you are already living alone and are looking for some tips to save money, I'm glad you're here! (Don't underestimate the power of #6!)

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All Comments (21)
  • Heck yes!!! I’ve lived alone for over 20yrs and now I’m retiring with no debt!!! Kate, you rock!
  • My tip as an introvert. Make like minded connections. Cheap at home meal or just coffee n treat on the porch is refreshing.
  • @survivor2530
    After living 20yrs + with a narcissist, living alone is a breath of fresh air. No more treading on egg shells all the while.I can now do what I please when I please. Decorate my house how I want it, eat what I want, go to bed late or sleep late. Have friends round I could go on & on. Only regret, wish I'd done it sooner
  • @marep5597
    I lived alone from the age of 22 until I got married at 29. It was one of the best times of my life. I had hand me down furniture the first couple years and no clutter because I didn’t have the money to buy crap. I learned how to be independent, self-sufficient and responsible. I never felt lonely. I think everyone should spend at least a year living alone if they can swing it financially. I had so much fun and the freedom is exhilarating.
  • Heck yeah! I'm a frugal elder who loves your tips. I live alone and make a game out of saving money. My latest money saving practice is that I've quit buying clothes for the rest of 2023. I have lots of beautiful clothes that I love combining in new outfits. I also try to waste zero food. Love you Kate! ❤
  • @blackjag121
    I love living alone with my kid. It is not for everyone but I love it. Make my kind of food, drink my coffee, read my books, watch my shows, etc. If I come across a wonderful man, that would be amazing but I am also content in my life. God has blessed me in so many ways I am grateful that I am able to be independent or contribute to a relationship.
  • I've lived alone for years until recently. My brother and me have decided to move in together because of health concerns. He's had heart bypass surgery and I have cancer so we thought it would be best to keep an eye on one another for obvious reasons. But we both have substantial income and I just paid off my house, so can't complain about much of anything. Still love your videos though, watch them whenever I can. You my dear are a winner, hope you know that❤️
  • Heck yes!! My tip for living alone is to find a good repair person and become friends with them. I’m really good friends with the guy I call for repairs. He never charges me too much and he’s fun to be around!
  • @erinf4712
    As a senior living alone, I think groceries are the most difficult part of the budget especially when you are trying to eat healthy, avoid fatty, high carb, and processed foods, etc. With the current crazy inflation, retirement funds don’t go as far as they used to. You have to prioritize the protein that you need for the week/month and shop the best sale prices.
  • My very favorite cost-saving tip is using the library for just about everything. Books, audiobooks, music CDs, movies, classes, book clubs, concerts, new friends…
  • Heck yeah! I live by myself, one income, and love love love animals but I know that I can’t afford one so I’m going next weekend to a training to be a volunteer at the local animal shelter. Win/Win situation.
  • Heck yeah!! I lived alone after graduating nursing school until I got married (6 years). I absolutely loved it. I was alone but never lonely. I’m divorced now and my grown daughter lives with me but she’s busy with her own life so I pretty much consider myself living alone again ( with my fur babies) I spend my money the way I want to plus I only have to please myself and no one else.
  • My favorite one to add; ask friends and family for their left over paint. I painted my walls and revamped some furniture with that when I moved. It made them happy (no guilt for having bought too much, or keeping it for “just in case”) and it made me happy. When I walk through my house the colors remind me of people I love. Bonus tip; after painting, put some paint in an old jar. And donate the rest to another person who can use it. Not having more stuff in your home than you need saves time and money too.
  • Made two big meals on Sunday & ate them every week night while in college! It saved a ton of $$
  • I'm retired now and have been on my own for 20 years. Debt free retirement is the only way to go! Many things lead me down the debt free path but I think the #1 thing is to be mindful with spending. Think about it for a day or 2. That tells you if you want it or need it. Big difference. Great video!
  • Double thumbs up for suggesting reduce/stop streaming and watch YouTube for free!
  • @suebee1540
    Batch cooking and freezing leftovers for future meals. You save a lot of money that way. (Food purchase, electricity, time and dishes.)
  • Happy Frugal Friday, KSquad!!! Heck yes! We are empty nesters! We can live cheaply and still have a luxurious lifestyle! Simple things bring us immense joy! Sitting on our back patio with our homemade drinks watching the sunset over the Catalina mountains in Tucson is simply the best way to spend an evening! 😊
  • "Conscious spending" is a phrase we all should be following at all times. When I moved from a large metro area to a bucolic rural scene my income was reduced by 60%. I started evaluating every purchase in terms of how many hours of minimum wage work it would cost me. Really changed my mindset to equate spending with earning. Guess I was raised in a bubble. Now I'm retired with a paid off mortgage and almost no other debt and I'm happier than ever. Thank you.
  • @veemcg3682
    Already live alone. Learn to grow some edible stuff that you would normally buy as part of your grocery shopping. I started with sprouting seeds, then salad leaves, and gradually added all my favourite herbs in window boxes with edible flowers as a bonus. These things saved me a fair bit and then I was raring to go when I had a patio to put containers on and grow veg and strawberries. When my circumstances changed again and I had a garden, I grew much more veg and fruits, herbs and every salad ingredient I could as well as flowers for the house. A small flock of hens provided fresh eggs daily for baking, desserts meals and to share with neighbours. Now with health and mobility issues, I am back to growing in containers, table top raised beds made by my brother and taking advantage of the fruit from the small orchard and hedges of fruit bushes created over the years. Trust me even a pot of parsley on a window sill is worthwhile. I may never have a lot of money but I feel the abundance my gardens have provided has made me feel wealthy in that I have what I need and can afford to share generously with family friends and neighbours.