Everyone likes money. Furthermore, everyone should strive to save it rather than spend it recklessly, but many tend to overlook saving. Saving money is important for your future and will bring about much greater satisfaction than the momentary joy that spending brings. Here are four simple ways to cut that spending - if you can pick up these habits, you may be surprised how much money you end up having at the end of the year!
1. Pick up that penny.
How many times have you been walking to and fro and spotted a lone penny on the ground? Are you one to pick it up or continue walking? As silly as it may seem, I highly suggest that you take the extra second to stop and put it in your pocket - every cent really does add up. One day it may even be a dime or a quarter on the ground - don't overlook that change on the ground, start a coin jar, and watch it fill up!
2. Buy mostly off-brand consumable and disposable products.
In reality, Great Value olive oil is going to do the exact same job as the brand-name type. You can seriously cut spending by opting for store-brand foods, cleaning products, and household items, rather than brand-name items.
3. Actually look for discounts and coupons.
There's almost always some kind of sale or coupon being offered for the standard items that you buy or for the places that you dine at - you just have to look for them or ask! Many places offer freebies and discounts to those who join their email list, and some coupons can be found online. It's not a waste of time if you can save a little bit of your hard-earned money!
4. Don't eat out if it's not necessary or if you have a college meal plan.
College kids are the first to complain about not having money but are also the ones who can be found eating at Taco Bell or Buffalo Wild Wings every weekend. WHY? Unless you're paying for your groceries and having to provide your own food, there is absolutely no need to be eating out if you have a campus meal plan. Plain and simple. Eating isn't a social event - try to avoid feeling like the only way you can hang out with friends is by going to a restaurant.
If you DO have to eat out, opt for carryout rather than dine-in options - it's almost always cheaper, and you don't have to tip or run the risk of being tempted to order drinks or additional courses.