5 Ways You’re Wasting Money

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Nothing makes us feel more guilty than knowing we’re wasting money.

It’s eating out more often than we should, not shopping for the best grocery store sales, buying takeout because we don’t feel like cooking, etc. Basically, wasting money is more common than Kylie Jenner fans.

The problem is, you probably don’t recognize most of your money-wasting moments.

So, without further ado, here are a few things you’ve been buying, not realizing just how many pennies could be pinched:

You Buy Brand Names

The way we see it, brand name purchases are pointless. I mean, how many factories have you come across that make whole grain Cheerios? Exactly. And the same goes for skin care products, toothpaste, and food of every kind. Basically, generic and store brands offer one of the most undervalued methods of saving money.

DIY Your Car Issues

We get it. You’re scared of your car. You don’t have the faintest idea about engines, but that doesn’t mean you should automatically pay a mechanic hundreds and hundreds of dollars to do something you could have done with the help of a YouTube tutorial.

Paying Too Much Tax

There aren’t many times when paying someone else to do something for you will save you money, but hiring a tax resolution and accounting firm is one of them. The reason is simple: paying tax is an overly complicated thing to do, which is why you’re better off with someone who knows the little loopholes, knows how to reduce your tax bill and knows that you’ll be saving money even though you’re paying them. That’s got to be a good investment.

Hunger-Fueled Grocery Shopping

Nothing is going to make you spend unnecessary amounts on food you don’t need more than going grocery shopping on an empty stomach. You’ll just end up flinging this and that into your cart because your stomach is telling you too. The trick to saving money on a grocery shop is to do it after lunch or dinner and go with a list you won’t stray from. Trust us on that.

Expiration Dates As Law

Instead of listening to the all-too-worried-about-a-lawsuit-expiration-date on your perishable foods, why not trust your nose and eyes. Yup. Usually, if food has gone bad, you will see visible signs (color change etc) and catch a funky whiff. By doing this, you will stop adding to the massive food waste problem and stop wasting money for no good reason. The other thing you can do is use your freezer better. If something does expire soon, put it in the freezer until the day you want to eat it. Simple. Effective. Money-saving.

What are some other money savings ideas we might have missed?