Create a “Do I need this?” listiStock/iprogressman
Impulse shopping is costly and almost everyone does it: In a poll of 1,000 adult Americans, 75 percent said they had made in impulse purchase; 16 percent said they spent $500 or more on the purchase, and 10 percent spent $1,000 or more. Instead of wasting that money, try this litmus test: Every time there’s something you want to buy, add it to your “Do I need this?” list. At the end of the month, go through the potential purchases to see if you still need or want that item.
Vote luxuries off the islandiStock/pixdeluxe
It’s time to get real about what you need and what you don’t. Sit down with a pen and paper (or your phone and notepad app), and write a list of the expenses you feel are on the line, a.k.a. might not be necessary. This could include cable, monthly nail appointments, and your morning stop at the local coffee shop, and decide what you can cut down on or get rid of. For example, get coffee only on Friday mornings, as a treat for making it through the week. Small but thrifty changes like these will add up fast.
Save on your water billiStock/Pamela
Simple: Wash your clothes less. There are many items that don’t need to be washed regularly, like jeans, sweaters, and sweat pants. Instead of tossing them in the laundry because you don’t feel like folding them—trust us, we know this trick all too well—take the extra minute to put them away. You’ll save a little on your water bill, and after a year, you’ll see that the little you saved goes a long way. While you’re at it, you can get away with showering less often too.