wasting money Bethenny

4 Ways You Might Be Wasting Money

Saving money is always a smart move. You never know when it might come in handy. The easiest way to save money is to stop wasting it. Are you making any of these money-wasting mistakes?

Not checking your subscriptions. Do you have recurring charges for services you aren’t even using? Think monthly magazines, gym memberships, or TV/movie streaming services. How often are you actually using these services? If something isn’t as useful as you thought it would be or isn’t a necessity for your lifestyle, it’s got to go.

Not being aware of your interest rates and how they work. Whether you’re applying for a loan or opening a new credit card, anytime you plan to spend money that isn’t yours, you’re expected to pay it back and then some. If you don’t have a complete understanding of your interest rates, you may find yourself wasting money on fees that could be avoided.

Eating out too often. Eating out is easy and convenient, but can easily add up. Planning your meals in advance as often as you can will keep your wallet happy.

Being cheap. Sometimes, it’s all about your long-term savings. Avoid buying things that are cheap just because of the low price point. You want your belongings to work well and to last. Remember: quality over quantity.

Do you have any other money saving tips? Let me know in the comments below.