An extra latte here, impulse buys at the mall; a few dollars here and there really add up. Personal Finance expert, Farnoosh Torabi delves into “5 Messy Money Mistakes” many of us make and don’t even realize it. Curbing just a few of these behaviors could leave you with several hundred extra dollars each year, and that’s a pretty nice SmartyPig savings goal. Don’t you think?
So where do you trim? Farnoosh’s first point is one I can largely relate too: stop overbuying perishables at the grocery store. Meal planning takes time, but it drastically reduces grocery waste and let’s face it, it sure makes the 7 PM squander for a meal easier. Farnoosh’s other tips include: skipping costly premium gas (unnecessary), putting a hold on music downloads for something more cost effective like Spotify, and purchasing a pay-as-you go gym plan. These aren’t big lifestyle changes and the cost behind the cuts could earn you your holiday gift goal, or a spring break vacation! Why not give it a try?
Wishing you successful saving.
Sarah Foss, SmartyPig’s Media Mad Woman