follow these tips and watch the money pile up!

Spending money is a lot easier than saving money, but it doesn’t have to be that way. Re-thinking your daily purchases and monthly auto debits from your account can save you hundreds to thousands of dollars per year. Here are some of the major places people spend unnecessary amounts of money.

1.) Food Items

Many people have food hoarding problems. Next time you are shopping at the grocery store, ask yourself if you really need the jumbo pack or new flavor of salad dressing. Often when people see a “sale”, “discount”, or “extra reward points” event they think they are saving money but often they are actually just over-consuming. Think about all the food in your household right now...if your pantry and fridge are stocked with enough food to last you a year in isolation, cutting back on grocery store purchases could help you save a lot of money. 

2.) Lunches

Lunch breaks can cost on average $5-30 per day. You don’t have to go cold turkey on this one, but compromise. Pack your own food, but still go out and have a coffee or smoothie. This way you can feel like you are treating yourself, while still saving money. Plus, chances are that a packed lunch is way healthier for you! 

 3.) Cell Phones

Do you look at your cell phone bill and see a lot of extra charges? That 45$ talk and text bundle could actually be costing you 150$ if you are on the wrong plan. Call your wireless service provider and ask if there is a plan that would balance out your monthly bills to an appropriate and consistent level. Sometimes being on a more expensive plan will save you unnecessary costs in the long run. 

 4.) Internet & Cable Subscriptions

Deals are out there to be had. Finding a new provider could give you access to a discounted introductory rates, or cheaper monthly rates. Do you really need 500 channels? Try switching to basic cable for a few months, or canceling service all together for the summer time. You might even find yourself becoming more active because you will be less inclined to zone out in front of the tube. 

5.) Credit Cards

Yearly fees can vary, but there are a lot of cards that still offer rewards without a yearly fee. Some even offer cash back rewards, so go online or to your bank to research new types of cards that could benefit you. Stick to one or two credit cards, and set low limits on them so you cannot over spend. Remember not just to make the minimum payment, try to pay off each cards debt by the time it is due. Live realistically. 

6.) Getting Rid of Stuff

Do you have a large collection of items that you have but don’t use or need on a regular basis? Do you have a storage locker that you are paying for each month? Getting rid of extra baggage can be uplifting and save you on storage fees. Post an ad online for anything you don’t need and de-clutter your life, you might even get a few bucks from selling things that would become obsolete and worthless in a few years! 

7.) Transportation

Gas is expensive, and transit tickets can also be costly. Commuting or getting around town on a bicycle is practically free. It’s great for your health and the environment too! A lot of cities now have designated bike lanes or bike share programs.