Top Ways to Start Living the Frugal Life

• Befriend the Library - Buying books and movies gets expensive, and even renting can add up. Take a trip to your local library; and you'll find all of the latest books and movies available free of charge. Still like the idea of renting? Then, sign up for Netflix or Blockbuster. With plans starting at $5, the damage to your budget will be mimimal.

• Clip Coupons
  Take the time to clip coupons for the grocery items that you buy regularly, and shave an easy 25 percent off of your weekly grocery bill.

• Eat Out Less OftenEating out is fun, but far more expensive than eating at home. Challenge yourself to eat at home more often--even if it's just once more a month, and watch your bank account grow.

• Switch to Online Bill Pay
  Save yourself a stamp, and avoid late fees by paying your bills online. You can pay direct to your creditors, or set up automatic bill pay with your bank; and take yourself out of the equation entirely.

• Group Errands
  Reduce your gas bill by grouping your errands and only driving when you need to. For even more savings, consider biking or walking when you don't have far to go.

• Seek Freebies
  Freebies are fun and budget-friendly. Look online for a wide-array of free offers, and enjoy a mailbox bursting with goodies. Like to try new products? Then, this is a particularly good savings strategy for you

• Wash in Cold
  Cut your electric bill substantially by washing your laundry in cold water. Your clothes will still come out clean, and your hot water heater won't have to work nearly as hard.

• Flip a SwitchReduce your electric bill even further by turning off lights and other electronics when they aren't in use. It may seem like a small thing, but you're sure to see the difference on your next electric bill