It goes without saying that success is about self-sacrifice. Sometimes you have to give up the things you love to create a better future for yourself. That is the same rule that you can apply to the bad habits that are costing you an arm and a leg every single day. We’re going to tell you what daily practices are sucking the money out of your bank account, so that you can get into better money saving habits!
Make your Coffee at Home: We all know that Starbucks and Dunkin Donuts make the best coffee, but let’s face it. It’s draining your financial resources. As a matter of fact, it could be costing you 80 dollars a month. Make coffee at home and if you have a preference for percolated coffee, then buy a coffee maker
Eat In and Never Out: Learn how to become your own chef. You will find that cooking is rewarding both financially and psychologically. Plan your meals carefully to ensure that it satisfies your nutritional requirements. Make note of everything you may need to cook and prepare your meals in advance. This is essential for preventing yourself from eating out at restaurants for lunch while you are at work. And if you don’t know how to cook, look it up on the internet.
Make Better Use of Your Grocery Trips: After planning your daily meals, stick to your grocery list and learn how to be a smart shopper. Only purchase what you need using coupons (whenever available) or buyer discount cards (provided by a number of supermarket chains like Stop & Shop or ShopRite).
Switching Things Off Brings Savings: Whenever you are not using a room or something electronic, either switch it off or unplug it. This is a small task that you can do but it’s daily habits to save money like these that will translate into bigger savings over time.
Don’t Underestimate the Power of Change: By ‘change’, we mean the coins that you just throw around here and there, whether it’s under the car seat, in a jacket pocket somewhere, etc. Get yourself a jar and throw any spare change you have into it. Empty your pockets of any change that you have at the end of every day. Over time, you’ll see that it will build up into a substantial amount of money which will come in handy. Good money saving habits don’t need to be drastic.