Too much month at the end of your money? It’s an annoying cycle to be stuck in, but there are things you can do to alleviate this financial pressure.
Chances are there are a number of things in your budget that you’re wasting money and overspending on, and cutting these back can free up some much needed extra cash. Here are some ideas!
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Coffee Shop Coffee
Coffee shop coffees are delicious; there’s no denying it. The trouble is, they’re so expensive and these costs can add up in a big way. Instead of constantly visiting coffee shops, start making your own. Buy yourself a nice flask to take to work with you or out and about. You could even invest in a coffee machine and some nice pods or coffee sachets if you prefer a more gourmet taste. While these will be more expensive than a scoop of coffee from a jar, they’ll still be much cheaper than what you’d pay in Starbucks. Brands like Nestle sell sachets of latte, mocha, cappuccino and other coffee varieties in all flavors; you simply add hot water and have an instant coffee shop style drink.
Takeaways and Lunches Out
As with takeaway coffee, takeaways and lunches out are another thing that can really add up. Not only will they be costing a bomb but they won’t be doing your waistline any favors either. Look on Pinterest and start putting together tasty lunches that make you excited to eat, no need to visit the greasy spoon or Mcdonalds for lunch! Salads, interesting sandwiches, soups, pasta, the list is endless. A homemade lunch doesn’t need to be a dry old ham sandwich, it can be just as tasty as anything you’d buy while you’re out. We all love a takeaway but again they’re pricey- make it an occasional treat rather than something you rely on. If you meal plan and again come up with interesting and tasty meals, you won’t feel the need to constantly call for food deliveries.
Netflix, Spotify, Amazon Prime- they’re nice to have but they aren’t essential, if you’re looking to save money then this is a definite area to cut back on. Many of us pay for these things and don’t use them half as much as we think, chances are you won’t miss them all that much.
Parking tickets are annoying and expensive. It goes without saying that you should park carefully to avoid these in the first place, but sometimes the parking instructions at the lot aren’t clear or you might run over on time. If this has happened to you, look into how to fight a traffic ticket– in some cases you won’t need to pay and can save yourself the money.
Related: The Unexpected Costs Of Driving
Alcohol is definitely a luxury purchase, cutting it out will do wonders for your health as well as your budget. It’s not to say you need to give up completely, but save the alcohol for special occasions. If you’re buying a bottle a week and enjoy a glass after work, set yourself the goal of giving this up. Over the course of a year, you’ll be really surprised about how much you can save. Even a $10 bottle is $40 a month- that’s $480 a year. If you’re drinking more expensive alcohol, then think about how much that would be!
Related: Living Your Best Life – On A Budget