most of the things on today's list are stuff that might cut you right to the core
and i'm not talking about buying a used car instead of a brand new car instead these are
common things that affect our day-to-day expenses and in the long term our monthly
budgets on the bright side there are solutions to cutting down or even eliminating these completely
to your surprise you may be wasting money in extremely common but often overlooked ways
and if not careful these little things could add up quickly so here are 12 things people waste
money on 1. single-use kitchen appliances most of us are guilty of this and if you take the time to
look around your kitchen you'll find plenty of cabinet-hogging single-use appliances home goods
stores don't make things easier because they tend to tempt people with their catalog of single-use
kitchen appliances most of the selling point for such products is their ability to provide
convenience and save on time for example a potato peeler comes in handy while peeling potatoes but
you can do better than that the best thing is to look towards investing in multi-purpose appliances
however sometimes single-use equipment makes sense for example a stand mixer could be a
good investment if you bake often you can give it more uses with additional add-ons but don't spend
a ton of money on a different appliance your stand mixer can handle 2. pricey personal care products
it's really easy to justify spending way too much money on personal care products
but do you really need three different types of lotion 10 hair products and a drawer filled
with grooming ointments you hardly use as much as you may think of yourself as a savvier consumer
chances are you're still spending way too much money on chemical filled junk toxic stuff to
slather on our faces and bodies in the hopes that it will fix fine lines from our skin or brighten
our complexions the idea that something foreign to your body could do this is alarming i mean don't
you ever wonder what long-term effects they leave behind if you take the time to carefully examine
the ingredients in these products you'll end up recognizing maybe four or five of them without
using a search engine try keeping things simple and opt for products with less ingredients that
you can actually pronounce find products you like that suit your routine and stick with a handful
of the affordable options every time you get the urge to add more products to your routine question
how significant the change would be if you did so or if you're just changing for the sake of change
3. unnecessary cable internet and phone service most people find themselves wasting time studying
their cable internet and phone bills all the time it's amazing how much you get charged for stuff
who even uses cable anymore when there's plenty of free hd tv in reality cable can be quite expensive
you're not only charged for the entertainment but the equipment too the digital video recorder
the digital video recorder service the remote control and you pay more to get high definition
super savvy millennials and tech whizzes might be the only ones who seem ready to cut the
court on cable without sacrificing some of their favorite shows but thanks to streaming services
people get to enjoy cheaper options at great quality same applies to internet services
sometimes you end up purchasing more than you need unless you work from home or use the
internet frequently it makes no sense purchasing the most expensive bundle from your provider
phone services are often also overlooked because as long as we can make the calls and surf the
internet everything else is history you may come to find that you do not fully utilize your full
monthly subscription and end up losing some money in the end 4. expensive coffee i know of someone
who complains about never having money yet they go to starbucks every single day and buy a latte most
of these coffee shops are great for their ambiance and offer a relaxing atmosphere but aesthetics
don't come cheap if you have a bad habit of grabbing a coffee daily from such establishments
you're wasting hundreds or even thousands of dollars a year if you love coffee that much
maybe you should invest in a decent coffee maker and make the coffee yourself to save big bucks
over time a lot of coffee machines now have the ability to pre-set your brew this means you can
program it the night before to start brewing your coffee before you even wake up so you can't claim
it's too much work anymore if you feel like you can't stay away from that starbucks type of fix
consider getting gift cards swagbucks can help you out just take the surveys watch the videos
or use their shopping site when buying online and you'll soon be sipping some free coffee too
if you guys are enjoying the video so far do me a huge favor and kindly give this video a thumbs up
if you did thank you so much for your support and now let's continue learning five household
repairs and odd jobs becoming a fix-it phil or bob the builder is the last thing you'd
admire but in the end we tend to have extra help that we may not even need
the idea here is to do as much as you can around the house to save money on call out fees and
charges before you embark on opening up your electrical appliances to fix them because you're
cutting down on repair costs what i mean is that you can cater to stuff you can actually handle
always google any issue first and see if you can do it yourself
if you do have to use a professional see if you can save money by sourcing the materials yourself
sites like youtube offer great resources that have visual step-by-step guides that could help you
also cleaning tasks around your home can be handled if you create a plan for it
instead of hiring cleaning help however if you have a busy schedule do get that extra help to
avoid living in filth 6. in-game purchases okay at some point we've faced this dilemma
especially with addictive games such as candy crush i know how hard this habit is to break
if your devices are spammed with such games and they seem to be the only reasonable past
time however those one or five dollar purchases here and there will add up and you'll suddenly be
looking at your bank statement with a whole lot of shame and regret try opting in for the free
versions and enjoy it for a period of time without having the urge to upgrade for playtime hours
to avoid falling into this trap remove your credit card info from any sites or apps where
you play games if you're committed to the game and really eager to move to the next
levels without spending a dime consider googling online for some tips you just might be lucky
7. pre-sliced or individually packed anything your pre-cut meat and cheese sounds like a great deal
because they require less effort when it comes to preparation but it's likely they're costing
you way more than if you just bought these foods whole and cut them yourself grocery
stores are culprits for packing already prepared foods for you and there's always a catch they
know that a lazy person would go for that option without considering the extra money paid for it
if you were to do a price comparison individually packaged food in general is usually more expensive
than making something similar yourself for example you could try making a homemade snack bar using
bulk ingredients you'll come to find that you'll spend the same amount but end up having more to go
around the takeaway try to cook yourself or make things from scratch you can save money this way
8. bottled water no matter how justifiable you may try to make this sound bottled water can be
expensive in the long run not only that it's also very harmful to the environment because
most companies use plastic bottles if you care for the environment or at least your finances
consider purchasing a filtering system to always enjoy filtered water you can also invest in one
or two reusable water bottles the best tip is to always ensure you've carried enough
water on your way out and only resort to plastic bottled water if no other solution is available
9. buying brand name products there's loyalty to a particular brand because of the value or quality
and then there's following the wave it's understandable if you grew up using particular
brands around the house but there are plenty of other options available that offer similar quality
at almost half the price store and generic brands have to be one of the most underused ways to save
money across a range of products from food to skin care to over-the-counter medicine
chances are your local grocery or drugstore has a store brand for them or sells a generic version if
you don't believe me go the extra mile to check the labels you'll see that the ingredients are
pretty much the same and there is no reason to keep on spending money on big brand names also
when it comes to prescriptions using the generic version of your medicine may be scary at first but
like i said the components are usually the same the only difference is the brand name they tend to
work the same and can save you tons of cash if you have a high co-pay 10. extended warranties did you
know that electronics retailers and other stores make a fortune on extended warranty contracts
how is it okay to spend 39.95 to add one year onto a warranty for something that costs 150 for
the most part there's no need to pay extra for an extended warranty but there are some services that
probably make sense like apple care for a phone while none of us wants to spend 150 dollars to
replace or repair something that breaks we could if we had to or we could go without keep receipts
so you can access your regular return policy and warranty for any large items look to ensure only
those things that are vital eg home life health auto and anything important and that you cannot
afford to replace plus many credit cards offer extended warranties for free just say no to
extended warranties 11. bank fees banks are gentle robbers they do it in plain sight and you just
don't see it similar to atm surcharges bank fees are literally costs incurred to access your own
money by banks that are already making interest on your money it's honestly absurd some of the most
common bank fees include overdraft charges account service charges credit card annual fees and more
the best way to beat around these charges is to shop around for a cheaper bank
credit unions and online banks are often the best option to save on regular checking account fees
12. buying a snack at the gas station every now and then the quotation marks are there because
every now and then usually means you just don't keep track of all the little snack purchases you
make on the go all those cans of soda and cookies you pick up when you're filling up
the tank or making a stop at the drugstore add up the best way to save yourself some money is
by making a rule for tracking the snack purchases and allocating a small monthly allowance for them
if you feel like the habit is getting out of hand consider carrying snacks and a drink on
your way out from the house to avoid unplanned purchases so are you guilty of any of these
let us know with a comment down below well folks thanks so much for watching if you enjoyed today's
video give it a like and if you're new to the channel welcome to make sure you subscribe for
more content like this with that said have a good one and i'll see you in the next one