If that $4 cup of coffee you stop for every morning really seems to start your day off right, it may be worth what you’re spending. But if it’s just a habit, think how much you’d save if you brewed that cup of joe at home and took it with you in a reusable container. And if spending less and saving more is high on your to-do list, here are seven other spending habits that may be useless expenses that you can cut out immediately.
Smartphone Upgrades – Trading up to the newest model each year will not necessarily give you vastly better features, but it will almost undoubtedly involve another upfront cost and perhaps a longer commitment.
Expensive Haircuts – Consider how much you’re spending now on basic haircuts and color. Switching from a luxury salon to a less expensive shop could save you hundreds of dollars a year, and leave you just as happy.
Movies Out – The average cost of a movie ticket today is more than nine bucks a pop, plus the cost of snacks and drinks. Even on date night, streaming a movie at home on the sofa may be a whole lot comfier and will surely save you big bucks.
Incandescent Light Bulbs – It may sound trivial, but if you still have old-fashioned bulbs lighting your home, switching to LED bulbs could save you up to $45 a year in energy costs, according to the Department of Energy.
Brand Name Goods – Brand names are often worth a lot more to the companies that produce them than they are to the consumers they serve. Try more generics in everything from groceries and household goods to make-up and clothing and stash the money you save each month in your ailing bank account.
Unused Subscriptions – From magazines to gym memberships to streaming services, you may be paying by habit every year for subscriptions you are not using. It’s time to take a good hard look and eliminate what you no longer want or need.
Commuter Costs – At the price of gas today, not to mention wear and tear on your car, look into cutting commuter costs by carpooling or taking public transit.
The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites.