Spending Leaks: How to Save Hundreds, One Dollar at a Time
of us give in to temptation from time to time. Whether its buying
on impulse, choosing name brands rather than generic, taking a
taxi instead of a bus, or splurging on an expensive meal, indulging
is fun and even healthy in moderation.
watch out. Not enough attention paid to the small purchases will
result in big money lost. The path to savings (for things that
you really do want) is paved with pennies. It starts with awareness.
Each time you make a purchase, consider the cost. Here are a few
ideas to get you started:
bag your lunch. $7 per day totals $140 a month.
water for juice. A family of four can save over $500 a year
by cutting just one glass of juice per person per day.
bars run about $2 apiece, and are often no more than glorified
candy bars. Switch to a banana and whole-wheat bagel for half
coupons at grocery stores and buy house brands instead of name
brands whenever possible.
meals in advance and freeze them to avoid the temptation of
ordering pizza at the end of a long workday. Cooking at home
will make your food budget go much further.
pocket change in a jar and cash it in when it's full.
your phone bill and drop unnecessary services like Caller ID
and Call Forwarding.
your cable television down to basic.
wash instead of dry cleaning.
are you can spot - then stop - spending leaks simply by paying
closer attention to everyday expenses.