Everyone has their own habits that they don’t want other people to find out, but aside from the weird and disgusting habits, there are also the ones that could make wallets and piggy banks cry. These are the wasteful spending habits that make you wonder where all your money goes when you take a look at your bank account or your wallet.
Be sure to watch out for these small things that are making you spend more money than you should:
Paying for unused subscriptions
Are you still subscribed to that Netflix account you don’t have time to long into? How about that gym membership you never got around to actually using because of your hectic schedule? If your answer to this is yes, you can start saving money right now by cancelling your subscription to these services. It’s still okay to retain some subscriptions, but only if you’re still using them actively.
When you’re trying to save as much as you can, one of the worst things you can do for a hobby is shopping. Not only is it expensive, but the feeling of happiness you also get from every haul only lasts for a really short amount of time. In fact, the more you shop recreationally, the more likely you want to spend money to buy more and keep that feeling going, and this can drain your wallet or bank account really quick.
Do you have a tendency to just throw away your receipts without reading them? If so, make it a habit to always keep them the next time you go out shopping for anything that you want or need as part of your daily expenses. Keeping your receipts and writing them down is a great way to track down your expenses and find out where most of your money goes.
Once you do know where, you can budget around it to better suit your needs. Keeping receipts also let you avail of warranties when dealing with factory defects, allowing you to take back the defective item and replace it with a brand-new unit.
Letting food spoil
Saving money on food might seem simple at first, but it really takes a lot of effort to be able to cook your own dishes that you can bring to work or eat at home. If you’re too tired to do this, you might find yourself wanting to save time ordering take-out instead. While this may be fine once in a while, you’ll notice that this will make you more likely to forget about the groceries or leftovers you have in your fridge, and leaving them to spoil.