5 of the Most Common Expensive Habits That Are Hard To Break


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Everyone has the spending habits that they need to give up. Aside from the basic expenses like rent, utilities, food, and clothing, there is always at least one price that you would do well.

Whether or not it’s about overeating, buying shoes that are too expensive to warrant the sacrifice of gasoline money Take care of your carIt’s easy to let unnecessary costs pile up. With the cost of living so high on its own, it’s time to take control of your finances.

It’s time to lose extra financial weight by breaking these 7 expensive habits.

1. Go out to eat

Restaurants in America were a $ 899 billion industry in 2020, and that number is only expected to grow. In fact, for the first time it is humans spend more to eat out than to buy groceries.

Since that statistic was first measured in 1992, the gap has steadily closed, and it is now official that millennials are clearly enjoying eating out more than cooking at home.

The The average fine dining ticket is $ 69Hence, it’s not hard to imagine that your food budget is growing rapidly beyond its reach. Instead, try cooking at home and you will be amazed how many meals You can cook for yourself with $ 69. And if you like the convenience of just grabbing and walking, you can try creating something Your own easy-to-reheat frozen mealsto save you time and money.

Related article: How to Eat Well for Only $ 300 a Month

2. Wasting food

First, refer to the point above again. People are pretty addicted to food remember? Guess when most of these restaurant purchases will be made.

If you got guessed on your way home from work, you are right. During your lunch break is also an acceptable answer. The point is, people get food from restaurants when in a hurry or just out of the house.

And that leaves the groceries you bought sitting in your fridge and slowly going bad. Once you discover these foods, throw them away. At this point, you are literally throwing away money.

Try to buy smaller amounts of food when you go to the supermarket. If nothing else, try to limit bulk purchases of perishable items.

You can also create a meal plan so you know exactly what you are eating throughout the week. It doesn’t have to be super complicated either. In fact, one of my favorite resources for meal planning is the $ 5 meal planbecause it offers affordable meals that I can easily put together and adapt to my family’s needs.

3. Wasting energy

Electricity bills are something most people don’t think about. If the monthly bill is not completely out of the norm, don’t think about it any further. For example, falling asleep with the TV on costs an additional $ 50 a year, not Program your thermostat costs an additional $ 180 per year, and overloading our tech uses unnecessary energy (seriously, the maximum is 100%, we don’t have to plug it in anymore).

These tiny energy wasting habits don’t seem like a big deal, but staying aware of the little things is good for your wallet as well as the environment.

4. Social drinking

Nobody tells you that you can’t have a good time with your friends. Just don’t order enough margaritas to risk missing out on rent for the month.

It is possible too Spend up to $ 100 in just one night Drink with your friends on the weekend if you factor in taxi rides, appetizers with the drinks, and of course the drinks themselves. Do the math: Assuming you only go out once a week, that’s $ 400 a month, which is $ 4,800 a year.

If you go out twice a week that number could double, and then you see nearly $ 10,000 in annual social drinking spending, which is one of the most expensive habits.

It’s easy to hang out with your friends at the end of the week, but instead of getting dressed and going to a crowded bar, try having a few beers and going to a friend’s house. Feel free to wear your sweats.

5. “Therapeutic” shopping

Let’s just make one thing clear: there are a multitude of ways you can feel better about yourself being yelled at by your boss, bombing an interview, or breaking up with him. Binge shopping shouldn’t be one of them.

It may be psychologically helpful to you, but the incredible costs quickly make the practice less than worthwhile. This is not a suggestion to turn to excess alcohol, but rather to console yourself with other proven psychological methods.

Trust in friends and family, for example, has been shown to boost self-esteem and encourage positive thoughts.

On the subject of matching items: Why I am imposing a 6 month shopping ban
My Shopping Ban Update: 4 months in

Expensive expensive habits

6. Pay for a gym membership

These costs are the easiest to forget and the hardest to change. Everyone will delay gym membership cancellation for years and have a bizarre hope that out of the blue they will find the sudden motivation to become a fitness fanatic.

If you’ve been to the gym no more than 3 times in the seven years you’ve been a member, it’s time to unblock your bank account. This solution is so simple that it is obvious. begin exercise at home. There are endless home workouts that you can do [4] That will help you lose weight and build a healthier lifestyle.

On the subject of matching items: 5 fun and economical ways to stay active
How to get it working without a gym membership

7. Drive too fast

Driving around town like a speed racer might be fun, but sitting in the repair shop’s waiting room puts that rush into perspective.

Believe it or not, driving too fast puts an extra charge on your car, which in turn puts an extra charge on your bank account. If you drive fast, hit the gas pedal, which uses more gas that you then have to replace for money at a gas station.

Driving too fast puts a strain on your breaks, affects your car’s fuel efficiency, and causes parts of your car to wear out faster.

The answer? Simple: drive slower. For a change, try to stay within the speed limit.

5 of the Most Common Expensive Habits That Are Hard To Break 5 of the Most Common Expensive Habits That Are Hard To Break Have you ever had to break one of these expensive habits to save money?

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