If you’re constantly saying “I’m broke,” or trying to build up some savings, you need to read this article right now! The truth is, there are so many luxuries that just aren’t worth it and easy traps out there that are seriously costing you. If you’re willing to make a couple little sacrifices and plump up that savings account, here’s 5 things you need to stop doing if you want to save money!
1. Going To Happy Hour Regularly
I know this sucks to hear, but happy hour may be one of the big reasons that your wallet is feeling a little empty. Drinks at bars are expensive; the cost of one beer out could potentially buy you a six pack! However, happy hour seems like a great opportunity to save, but really still paying the price. Don’t let happy hour deals fool you, they exist to make you want to spend even more money than you normally would have in the first place. If you really love happy hour, do a happy hour at home with your friends or coworkers! Just look up some cool looking drink recipes online and do it yourself for a fraction of the cost!
2. Stocking Up On Clothes During Big Sales
This concept is similar to the happy hour situation, sales make you spend more money than you would on a normal shopping trip. Because the sales seem so “amazing,” you’re more likely to splurge on items that you never would have considered buying in the first place. Black Friday and holiday sales give you FOMO. Basically, you’re afraid of missing out on a great deal so you have to buy it. As it turns out, there are much better times of the year to buy clothes. For example, at the end of seasons like spring, a bunch of clothing is put on sale to make room for the new season’s apparel. If you just keep your eye out, you’ll find so many better sales during non holiday times, so stock up then!
3. Ordering Uber Eats For Lunch
If you do it right, the cost of one ordered lunch meal could pay for a weeks worth of brought lunches! I’ve managed to five days of lunch for under ten dollars because I firmly do not ever order takeout for lunch. Obviously, ordering in is super convenient and it overcomes the hurdle of making lunch in the morning before you go to work or school. My solution is to make all your lunches for the week (or at least the first couple days of the week) on Sunday afternoon so that it’s ready to grab and go when I’m running out the door for work. If cooking isn’t your specialty, another way to do it is to buy frozen meals in bulk from Costco or grab a few Trader Joe’s meals for days you can’t put something together. Even a weeks worth of Trader Joe’s meals costs less than just two days or ordering in!
4. Having Too Many Subscription Services
Honestly ask yourself, what am I getting out of my Amazon Prime, Ipsy bag, or other monthly subscriptions? I’m not suggesting you start illegally streaming all your TV shows but seriously think about what platforms you use the most and if you could sacrifice maybe one or two of them. The same goes for subscription boxes that you get monthly. How much of that stuff do you actually use on a regular basis? If you realize it’s not much, it’s not worth throwing those ten bucks away every month. Slimming down your subscriptions is such an easy way to cut back on costs so it’s a sacrifice that you need to make if you’re serious about saving money. In addition to that, if you’re a student see what kind of discounts you can get on your existing subscriptions because you never know what you could save!
5. Getting Your Coffee From The Drive Thru
I’ll admit this, I’m totally a Starbucks addict so this tip seemed nearly impossible to me at first. The first way I started to combat this problem was by buying the Starbucks iced coffee in large containers at the grocery store. I love iced coffee and I realized the price of one of those large bottles (which would last me a whole week) was equal to the price of just one drink if I got it in store. It’s the same great taste, just so much cheaper! Now I make my own iced coffee that I brew Sunday nights, but buying the brand you like in the grocery store will save you so much money without you having to sacrifice any comfort!