4 Simple Lifestyle Changes to Help You Save Money

As you get older you realize just how hard it is to make money and how easy it is to blow it. But also, saving money doesn’t require any drastic changes. There’s a misconception that saving money requires being a hermit at home and not spending at all. But in reality, a few tweaks in your lifestyle will end up saving you a considerable amount of money.

1. Say “no” to brunch. 

Let’s be honest, brunch is the trend these days. And I can see why. I mean who doesn’t love a good ole' hearty plate of pancakes or perfectly made Eggs Benedict? Plus, it’s eye-pleasing content for the ‘gram. However, it’s time to say goodbye to #sundaybrunch.

Believe it or not, that $15 French toast, $7 side of fries, and $8 drink is burning a bigger hole in your wallet than you may think. If you go to brunch at least three times a month and spend about $30 each time, you would have spent roughly $90, excluding tips and tax, on avocado toast and mimosa. On the contrary, you can save up to $1,080 a year if you don’t go. Moreover, you can skip the long wait time because time is money!

What about your social life, you ask? Well, there are tons of other and cheaper ways to catch up with your friends or spend a date. If food is right up your alley, consider a potluck or cooking at someone’s house and splitting the grocery bills. I promise it will be a lot cheaper.

Instead of treating brunch as a must in your life, think of it as an indulgence. Save it for special occasions and limit it to two or three times a year.

2. Cancel your unused gym membership.

Did you sign up for a gym membership and never went? Do you go to the gym solely for the dumbbells, treadmills, or bikes? If you answered yes to either question, I have good news for you: you can save your money!

If you want to exercise, there are other ways to do so. In the age of the Internet, there are countless of home workout videos online for you to follow. You don’t have to leave your house, spend money on transportation, or even change out of your pajamas. Not to mention, the workouts don't usually involve any exercise equipment. All you need is yourself and a motivated mind. If dumbbells are part of the exercise, do consider investing in some. It’ll be of value in the long run!

For those looking to get on a treadmill or bike, the answer is outdoors. Go outside and run or bike to your heart’s content. You can even download apps to track your progress! During the cold winter months, find a place indoors and run or jog in place if you’re not prepared to exercise out in the cold.

3. Carry less money on you.

People always say carrying cash is better than credit cards because you won’t be mindlessly swiping. Yet, it is relatively easy to overspend with cash as well. The solution? Only bring what you need.

If you know you’re just making a run to the supermarket for tonight’s dinner, bring just enough for it. Carrying more money than needed will tempt you to spend it on other unnecessary items, such as snacks.

But that’s not all. Apple Pay and other similar apps can also do some damage. Unnecessary purchases can come about when paying for something is as easy as whipping out your phone. If you have a habit of doing so, it’s better to uninstall the app.

4. Sleep on it!

We have all made some useless or overpriced purchases in our lives at one point or another. That $500 purse that you bought two years ago and keep in the back of your closet? Yeah, that’s a good example. Or how about the juicer that you religiously used for two months before you left it to collect dust in the corner of your kitchen? 

It doesn’t matter how much money you make if you’re just going to throw it away like nothing. Before you make the purchase, step back and ask yourself if it's worth it. Will you feel pain if you don’t get it? Is it going to be useful down the line? Can I get it for a cheaper price at another time?

Better yet, sleep on it if possible. Wait a day or two after the urge and excitement have passed. Do you still feel the same way about buying the item? If not, you know what to do.

Saving money is not the same as not spending at all. Saving money just means spending more wisely.

Related Articles

  • Andrew Rice
    Andrew Rice
    Nothing better than extra money in your pocket
    March 14, 2019
  • Emily Sutton
    Emily Sutton
    1 follower
    Sleeping on it is great advice. I think we've all made that impulsive 1 AM purchase on Amazon, haha.
    April 8, 2019