Anyone who has ever wondered where your payment went can be sure that you are not alone. Most of us spend money on small expenses that may seem insignificant but over time slowly drain our funds.
While the habit of drinking coffee and eating cheesecake before work for only $ 5 every day may seem insignificant, by the end of the year this expense could amount to $ 1,260 less in your pocket.
That is why making small changes and hurting little can generate big savings. Here are some ways to save money with the minimum of sacrifice!
Pay in cash
Credit cards are useful when the balance is paid in full each month, however its practicality may also be the big villain in your pocket. Making the habit of paying some money expenses and watching how fast your money disappears will be a reminder to think twice before making that non-essential purchase.
Make your own gourmet coffee
Remember the coffee and cheese bread in the diner before work every day? Swap them for a home-made coffee and an omelette, for example, to save money. At the end of the month, your pocket will feel the difference.
Cook meals at home
Not only should coffee be made indoors to save money, its main meals as well. Nowadays, there is no excuse for not knowing how to cook. With plenty of cooking shows, food magazines, online recipes and menu planning options, you’re one click away from a cheap, quick and easy meal.
Take the kettle to work
By spending $ 15 to $ 20 a day at lunch, you’re spending at least $ 75 a week eating out, or $ 3,780 over a year. How about preparing your dinner tonight and using part of it the other day to have lunch at work and save money? Also, keep snacks in the table drawer – nuts, granola bars, fruit – instead of going to the diner by impulse in the afternoon.
Wash your own car to save money
If you have access to a strong hose and a sidewalk, consider a self-made car wash and avoid paying for a full-service in-car wash. It’s a great exercise and it helps you save money on something you can do instead of paying others for it.
Set the shower for the right time
Remember to put the shower in summer mode during this time of year can make a big difference in your light bill. The shower is one of the biggest consumers of energy in your home and during the summer you do not need it to work with the same power as in winter, for example.
Leave the car in the garage.
Are you going to drive to work every day? How about changing the car by public transport or a ride? Well we know that the price of gasoline is not cheap at all and this change can make a big difference in your budget. You can also offer a ride to people who live and work near you and share the gas.
Swap your credit card for one without annuity
If you have a credit card with an annuity fee, consider switching to one that does not cover this fee to save money. There are many options available on the market today. Just be sure to research the company well before signing any contract. Also note if there is a loyalty program from those who accumulate points and use them to get several discounts!
Car insurance with the highest deductible
You may be paying more than you need, especially if you do not have the habit of using your insurance a lot. Get multiple quotes from different companies to make the best deal.
By following these tips on how to save money, you will be able to feel a relief in your pocket every month! And if you still need to, look for an online personal loan to get you out of the way and get your finances up to date.