Everybody knows the best way to save money is to stop ordering overpriced avocado toast at brunch each weekend, but are there other savvy tips to ease the pressure on your wallet? Of course, there are. It's time to focus on things you should cut out of your life if you want financial relief. Recently, people met in an online discussion to reveal everything you should stop buying if you are serious about saving!
1. Alcohol
It doesn't matter if you have an alcohol addiction or enjoy it casually on occasion; cutting out alcohol will significantly impact your financial wellness. Many people confess to savings of as much as $1000 per month; if that number doesn't open your eyes, I don't know what will! If you've been on the fence about removing alcohol from your life, keep in mind that there are physical, mental, and financial benefits to doing so.
2. Streaming Subscriptions
Sometimes one brilliant strategy for saving money can start a revolution. This plan is a perfect blueprint for many frugal people: “We've started rotating our streaming services,” one savvy mom confesses. “One month, we'll do Netflix, then the next Disney or whatever, so we're only paying for one service per month instead of four or five.”
3. Gas Station Purchases
Small purchases made regularly add up in a big way. If you're serious about saving, consider only buying gas at the gas station — and nothing else! “I was routinely stopping to get an energy drink and a bunch of junk snack food four or five days a week,” reveals one man. “I mainly did it for health reasons, as I could take in 600 calories relatively easily, but saving approximately $40 a week is noticeable.”
4. Food via Delivery Apps
Ordering takeout has never been easier. With just a few taps on your phone, delicious, freshly-made cuisine from your favorite local restaurant can be delivered to your door. However, this convenience comes at a significant cost. Many people don't realize how much they spend using these apps until they sit down and crunch the numbers — it's always more than they think!
5. Coffee
If you haven't stopped purchasing coffee daily from places like Starbucks, you're leaving a lot of money on the table. Forcing yourself to kick this expensive habit has an obvious benefit: not only will you save tons of money by making your morning coffee at home, but unless you're a total disaster, your morning cup of joe will be more delicious than if you bought it somewhere!
6. Body Wash
Many savvy consumers have switched from expensive body wash to simple bar soap for everyday showering and haven't looked back. However, as one person laments, using bar soap comes with a caveat. “Okay, money-wise, this is a good idea, but I just hate how hard it is to get rid of the soap on my skin and the dry feel of it afterward,” one man laments.
7. Anything From Amazon
With Amazon Prime being such a big part of our lives, buying items we don't need in a very short time is effortless. These purchases add up, but one enterprising person has an ingenious idea. If you are addicted to shopping on Amazon, unsubscribe from Amazon Prime! You'll be shocked at how many impulse purchases you decide against when you realize it will take a week to get to you.
8. Paper Towels
Even though paper towels have been a mainstay in modern kitchens for generations, it may be time to stop buying these expensive and disposable products! “My husband and I switched to making rags out of old shirts a decade ago to eliminate paper towels,” reveals one woman. “It has been a fantastic way to save money and be less wasteful. We did discover early on that we still need to buy around four rolls a year solely to clean up messes our two cats.”
9. New Clothes
Let's be honest: Unless you're a teenager looking to impress your high school friends, you probably don't need to buy new clothes constantly. Countless people confess that once they stopped buying new clothes for specific occasions (and out of boredom), they realized how much they were spending on needless purchases! Consider shopping at second-hand stores or gently-worn clothing retailers if you crave new clothes.
10. Bottled Water
Buying packages of bottled water is so early-2000s. Disposable plastic water bottles are not only terrible for the environment, but they also impact your wallet. A small investment in a water filtration system in your kitchen or a refillable water tank is one of the best ways to save money in 2023.
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Source: Reddit.