None of us like the idea that we might be wasting money. Even the richest among us hate getting done on a deal. In fact, the rich hate it more than most because it’s their ability to save that made them so gloriously wealthy in the first place. The problem is, not all money-saving tips are as glaringly obvious as flying coach, not dining out so often and quitting expensive habits (cough, smoking).
To keep your monthly expenses in check and your savings account on the rise, you need to know which money-wasting habits you’ve gotten into without realizing.
So, without further ado, here is a list of things you could be saving money on that you probably hadn’t given much thought to… until now:
1. Ba-Bye Brands
One of the most underused opportunities you have to save money is buying own-branded products from whatever store you like to do your shopping in. Food, skin care, medication, groceries - they all sell generic versions at a fraction of the price. What’s more, if you pick up the packet, you’ll see they contain exactly the same stuff but at a fraction of the price. Saving money has never been so simple.
2. DIY Your Car Repairs
We’re not for one minute suggesting you try and replace your faulty clutch or anything like that. What we’re saying is: a lot of car maintenance is simple enough to do yourself instead of paying some mechanic to do the work for a balk-worthy bill. You don’t even need to pick up the skill yourself. So long as you have an internet connection, you have access to all sorts of helpful how-to videos. This could save you hundreds, if not thousands, a year.
3. Asking For Help More
The major flaw in the education system is the fact it doesn’t teach any of us about money management. It’s why so many of us get into financial trouble. But it’s also why you should seek out help when it comes to the more complex stuff. If you want to invest but haven’t a clue about stocks and shares, speak to a portfolio manager. If you’ve had a car accident and want to get the most out of your compensation claim, get hold of The Levin Firm today. If you want to plan your financial future better, speak to a financial advisor. It’s not worth doing these yourself. Not if you want to save more money.
4. Get Rid Of Cable
This is the one that scares people the most because, for the love of Lucifer, how could anyone survive without cable? Well, the answer is easy. Instead of paying $99 per month for 4,695 channels you will never watch, cancel your subscription and stick to just Netflix and Hulu, which you can get for a combined total of $15. Trust me: no one has ever gone back to cable after making this switch. No one. Instead of aimlessly scrolling through rubbish shows a