The Best and Worst Frugal Habits (Ranked!)
Author: Andrew Giancola
July 6, 2026
Duration: 51:28
Most people think being frugal means cutting every expense. The truth is, some frugal habits build wealth while others actually keep you poor.
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What You'll Learn in This Episode
The difference between being frugal and simply being cheap
Which everyday habits actually move the needle on your net worth
Why your time is often worth more than saving a few dollars
The highest ROI frugal habits that can save you thousands every year
How to spend more on the things you truly value while cutting back elsewhere
Which "money-saving" habits are secretly wasting your time and energy
Andrew's S-Tier, A-Tier, B-Tier, C-Tier, D-Tier, and F-Tier rankings for 27 popular frugal habits
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Resource/s Mentioned
Favorite Credit Cards https://milevalue.com/best-credit-cards/?aff=mastermoney#favorites
Car Insurance Comparison https://secure.money.com/pr/gc43ce394da5
Book/s Mentioned
Early Retirement Extreme
Think and Grow Rich by Napoleon Hill
Episode/s Mentioned
How to Negotiate Your Bills (and SAVE 6-Figures!) https://youtu.be/bgIcmuK7FK8
Why You Should Negotiate Every Bill With Nicole Lapin https://mastermoney.co/the-personal-finance/why-you-should-negotiate-every-bill-with-nicole-lapin/
How to Negotiate Your Rent Like A Pro (and win the negotiation!) https://mastermoney.co/the-personal-finance/how-to-negotiate-your-rent-like-a-pro-and-win-the-negotiation/
Watch Next
She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s
How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk
How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64
The Hidden Cost of Playing It Safe with Your Money with Ben Carlson https://youtu.be/LG1Jr2xeuDo
The Patient Investor's Playbook with Noah Kerner - CEO of Acorns https://youtu.be/l5YZy2q_aVY
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Question for you:
Which frugal habit has made the biggest difference in your finances and which one do you think is a complete waste of time?
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