We’re all guilty of wasting money in one way or another. The reality is that most of us need money to buy food, put clothes on our backs, and pay for housing, utilities, healthcare, medicine and taxes. Even families that live 100% off grid and hunt and grow their own food rely on money for one thing or another.
There are plenty of ways to live an awesome life while saving money. Yes, you can still see your friends, have fun with your loved ones, go on vacations, and more, all while staying on a realistic budget. Here are some simple ways you can spend less each month without having a huge impact on your overall quality of life.
Have you ever collected anything that you’re not into anymore? Start selling now.
Try to make one day a week a “no-spend day” and plan ahead accordingly.
If you can’t afford to put a lot into savings, start small from each paycheck is a good way to begin.
Don’t try to keep up with that one friend who always has the new “It” item—it’s a dangerous and very expensive game.
Buy digital books from Amazon, If you’re an avid reader, think about investing in an e-reader: Digital books are way cheaper than paper versions.
Invest in one good leather item that’ll stand the test of time and look better with age (a bag, a jacket, a great pair of boots.)
Never go grocery shopping when you’re super-hungry. Everything looks good, so you’ll undoubtedly start throwing in items you normally would never buy.
Cancel the magazine subscriptions you don’t really look forward to getting, and pay your bill immediately. Read the highlights online instead.
Treat big purchases like big purchases. When someone buys a big new car or a big new house, they don’t buy a bunch of smaller, cheaper houses and cars a few months later, right? So if you buy that major investment bag, why buy five other, cheaper bags soon after? It’s all about commitment!
Invest in things you can wear or use daily like a bag, a cashmere scarf, a watch, a pair of boots, denim, or a coat, as opposed to things like trendy tops, or loud pants you can wear once a week at most.
Never use your gym membership? Cancel it and start to work out at home using the many free fitness tutorials available on YouTube.
Never download an app that costs money if there’s a basic free version. If you find you’re loving the app and using it regularly, then upgrade to the pay version.
Unsubscribe from flash sale emails and sale alerts. Go directly the retailer’s sites if you want, but you’d be surprised how little you impulse buy without the pressure of limited-time emails being hand-delivered to your inbox all day.
The latest tech gadgets. Is the next iPhone really going to be that different from the current one? Do you really need the latest tablet? Don’t fall under the marketing spell of rushing to buy the newest model of every gadget you own.
Paying too much for smartphone data. we love love spending hours on Instagram, on the Internet, but we caution, watch how much money you are spending a month for your phone provider. A quick easy trick to minimize these extra charges is to make sure you get on Wi-Fi wherever you can.
Images © Gary Pepper