Stop Wasting Money!
Ripping money up and throwing it away would be silly, right? You may be engaging in habits and practices that are tantamount to the same thing though. Here are a few points:
I’m guilty of this. Big time. You’re out and about for a completely different purpose, but happen upon an item that is too big a deal/downright cool to pass up. While once in a while you might get lucky in the scoring of a true bargain- as a rule if you’ve not earmarked the money to spend in your budget, don’t spend it.
Also very guilty of this. You realize that you need cash, and hit the nearest bank machine. However, more often than not, these are third party bank machines located in areas of convenience (i.e. gas stations, recreation centres, rinks etc.). This means extra fees on top of whatever your bank may charge you for your savings or chequing account.
It may not seem like much at the time, but it can sure add up in a hurry- and it is a complete waste of money. Plan ahead cash-wise and get your money from your own bank.
Do you carry a balance on your credit card? Worse still, do you carry a balance on a high interest-bearing card, like those from department stores or gas stations?
You would be shocked to learn how much money you are directing towards paying interest charges, simply by not paying your balance off (or using cash in the first place). This is money that would be better spent elsewhere to be sure!
Convenience comes at a premium. Avoid buying prepared foods, like frozen lasagnas or casseroles- which are not only high in sodium, but cost a heck of a lot more than if you made it yourself.
You can save lots of cash simply by doing a little meal planning ahead of time.