Cutting back on daily expenses: Experts weigh in on the pros and cons of frugal living.

Friday, Jan 30, 2026 5:13 am ET1min read
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Two TikTok influencers are promoting frugal budgeting ideas, such as cutting back on Starbucks and DoorDash, to help people save money. Financial experts weigh in on the advice, with some praising the influencers for their transparency and others criticizing the approach as oversimplified. Experts suggest that saving money requires a combination of cutting expenses and increasing income.

Cutting back on daily expenses: Experts weigh in on the pros and cons of frugal living.

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