Author: Better Path Financial | Categories: Credit Card Debt , Debt Help , Debt Relief Program , Debt Relief Specialists
If you’re buying lunch every day at work, there’s a good chance you’re spending at least $8 per workday ($160 per month) on food. Keep that money in your pocket by preparing a large dinner and taking the leftovers for lunch.
Not only does drinking plenty of water have great health benefits – it has financial benefits too. Replace expensive sodas, juices, and energy drinks with a big glass of water. Even better, use a refillable water bottle to save more money and reduce your carbon footprint.
Avoiding instant gratification is one of the most important rules of personal finance. Forcing yourself to wait 30 days to decide on a non-essential purchase is an excellent way to start saving money.
After a month has passed, you’ll often find that the urge to buy has passed and you’ll have saved yourself some money (and space in the house) by simply waiting. 30-days sound like it’s too long? Start with a 3-day rule!
Keeping the lights on in your home may not be expensive on a per-watt basis, but it sure does cost money over time. To save as much as you can, turn the lights off when you leave the room and use natural sunlight when possible.
While you're at it, consider turning off the air conditioning to save even more.
Another big way to save money is to cut down on the amount of television you watch. There are a lot of financial benefits to this: less exposure to spending-inducing ads, a lower electric bill, and perhaps a lower cable bill (if you’re able to downgrade your subscription).
You can also consider switching to a streaming service for a drastically cheaper option. Check out Roku, Google Chromecast, and Amazon Firestick for some affordable alternatives (all less than $50!)
The internet is an amazing place and has made it extremely easy to find pre-owned items at great prices. Consider looking on OfferUp, eBay, or Letgo next time you need to make a major purchase.
You might also consider checking out your local yard sales. They can be a great place to score deals on items you need – housewares, shoes, clothing, even sports equipment.
The key is to be careful to not use the low prices found at sales as an excuse to buy things you don’t need. Limit yourself to items that were already on your list of things to buy.
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