Saving doesn't have to mean sacrificing.The brand names that you love may be cheaper with a coupon or on sale. Saving doesn't necessarily mean you have to buy the store brand or go to wholesale retailers or shop at discount stores. Be deliberate.
"Instead of doing your grocery list first, look at the sales first, instead," Nelson said.
Try second-hand stores or reaching out to your neighbors before you hit the shops. It's all about "conscious frugality," Wolk-Stanley said, "trying to live frugally and spend very little, but being very deliberate … Sometimes, I could save another dollar here or there, but I choose not to."
Do What Works for You:
"It has to be practical for people," Nelson said.
Don't think you have to go overboard -- small changes can make a big difference and a little penny-pinching can add up in the long run. The experts suggest you begin by paying attention to how you're spending your money and what you're spending it on. They promise you'll be surprised.
Next, keep an eye on sales and consider buying those items, perhaps throwing in a few coupons. Visit your local thrift store on a Saturday afternoon.
"If you do enough of those small things, it will honestly make a difference," Lincicum said, "but look at what fits your lifestyle. ... If you're a single person living alone, stockpiling cereal boxes under the bed may not make sense, but if you have a family to feed, it may be worthwhile."