Do you ever wonder why you can’t seem to get ahead financially? You may make a decent salary, but it seems the number of days in a month are greater than the positive numbers in your bank account. Regardless of your income you can make a few changes to daily spending habits that can assist you with correcting this problem. Here are my top 5. If you have success with other ways to save money, please share.
- Don’t eat out (as much). I food prep on the weekends and take my lunch to work. If you spent $8.00 per day you could save $40 per week, or $160 per month.
- Don’t buy expensive coffee drinks. I know people who stop at the famous coffee house every morning and think nothing of spending $4.75 on a Caramel Macchiato. If you did that every workday of the year it could be around $1,235 per year.
- Don’t buy name brands foods at the grocery store. We spoke to a name brand vendor who said they make the exact same product for the grocery stores brand. You can save a lot of money on this.
- Use points programs (i.e. Kroger fuel point). On average we save $.10 per gallon every time we put fuel in our car. This may seem to be a drop in the bucket, but it is about changing attitudes on how you spend your money.
- Cut your cable. I saved $202 per MONTH. That is over $2,400 per year! What could you do with an extra $2,400?