5 Bad Habits That Are Wasting Your Money

Saving money is a top priority for most Americans. It seems we’re always looking at ways to make sure we’re spending less than we earn, with some extra spending money left over. However, we all have a few bad habits that end up costing us more than we’d like. Explore this list of bad habits that are wasting your money away.

One Too Many Streaming Services

Are you one of the many people paying for multiple streaming services and cable? With the wide variety of streaming options available, cable TV isn’t as big of a necessity as it was in past decades. These days, streaming services offer bundles that allow users to combine multiple services for a lower price. Look into bundle options that will save you money and let you ditch your monthly cable payment.

Not Buying Sustainably

Sustainable options are also money-smart options. Household items like reusable produce bags, dryer balls, reusable water bottles, and cloth napkins all reduce the amount of spending you’ll need to do on must-have household items every month.

Ignoring Your Car’s Warning Signs

Let’s face it, we’ve all left our tire pressure or check oil light on for weeks at a time to avoid a trip to the mechanic. However, low tire pressure can decrease your car’s gas mileage, resulting in more stops at the gas station. Additionally, ignoring other warning lights can end up costing you more in damages once you finally bring your car into the shop.

Ignoring Coupons and Deals

While it does take more time and effort to find the right deals, the payoff will be worth it. Hitting the checkout line without checking online apps and prices certainly won’t save you any money. Many stores will offer price matching if you can find a lower price online or at a competing store. Websites and apps like Groupon also provide plenty of ways to save money at various restaurants and entertainment experiences.

Not Buying in Bulk

Buying in bulk is a great way to save some extra money. Bulk buying options often shave off a few dollars compared to buying the same amount separately. From cleaning supplies to freezer-friendly and non-perishable food items, skipping out on bulk options is an easy way to waste money you could be putting elsewhere.

A few simple purchasing and lifestyle habits can make a significant and positive impact on your monthly budget. Steer clear of these five bad habits that are wasting your money to make you and your wallet happier.