None of us like wasting money, but spoiler: Most of us are.
Start with these common money-wasters:
1.
Paid Apps
Weve all done it.
Weve opted into an app or subscription service that comes with a shiny free trial.
(We see you, LinkedIn Premium.)
If youre on an iPhone, go to the app store and visit your account.
There, tap subscriptions.
7 Ways to Make Money if You Hate People
Do you avoid people too?
Enough small talk.Here are some waysto earn extra cash, without all of the social stuff.
(Also,ahem, its wasteful.)
Well do some quick math.
Lets say a 24-pack of water costs about $5.
Depending on how much your household uses a month, you might purchase three cases.
Streaming Services
Remember the old days when everyone said streaming services were cheaper than cable?
Well, with so many options thrown in our faces now, thats not quite the case.
And its like those paid apps you get sucked in with a free trial.
Before you know it, youve got four streaming services and nothing in your bank account.
OK, were being a bit dramatic here, but you get the point.
Its time to take a good look at which streaming services you have and actually use.
We challenge you to cut back to your two favorites, then ditch the rest.
For example, just cancelling your YouTube Premium subscription can save you $143.88 a year.
Cut Showtime, and save another $131.88.
You get the point.
These add up fast.
Paper Towels
Packs of paper towels arent cheap.
But when you stop to think about it, paper towels arent that necessary.
Theyre just a habit weve weaved into our everyday chores and routines.
If you use paper towels to clean surfaces, break out a few extra cloths.
The lines, the overages, the fees they stack up.
Before you know it, youre paying $200 a month.
Nows a good time to break out last months phone bill.
If you have to, brush up on your negotiation skills, and call your phone company.
you could also look into switching to a discount phone service.
And its not like these have unreliable service.
They operate on big-name carriers, like AT&T, Verizon and Sprint.
Heck, most of them offer plans starting at under $10 a month.
You could actually save thousands of dollars a year by switching.
Were just suggesting you pack your lunch.
We know, we know.
Its super tempting to grab lunch out while youre running errands or with your coworkers.
But doing this every day, or even a few times a week, can really add up.
Meanwhile, he had $30,000 in student loans sitting over him.
The 22-year-old knew he had to start practicing some willpower, so he started a tradition called Yum-Yum Fridays.
Making this small change to his lifestyle helped him pay off his debt even faster.
Carson Kohler ([email protected]) is a staff writer at The Penny Hoarder.
She spends way too much money on paper towels.
Its an addiction she needs to break.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
