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Extra Money Ideas > Extra Money Tips > 16 Things I Quit Buying to Save Money in a Genius Way
16 Things I Quit Buying to Save Money in a Genius Way

16 Things I Quit Buying to Save Money in a Genius Way

April 30, 2019 by Extra Money Team Leave a Comment

All of us buy lots of things that we not really want. We often look at nice things and decide to buy them without thinking for a minute about how they will be useful to us. And in most cases, those things do not give us much benefit. These habits make all of us run out of money and often, we are unable to purchase the things that are truly essential for living.

It’s time to save money with “16 Things I Quit Buying to Save Money in a Genius Way”. (there are referral links and recommended product ideas on this page; see our disclosure below)

Well, here is the list of 16 things that you can quit buying to save money:

 

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1.    Take Away Coffee

Most people drink coffee twice or thrice in a day. This is another way to save a bit of money, no matter how small. You can drink a cup of coffee for the whole day. Here’s another cool trick: You can buy coffee in small packs and use them when needed.



2.    Women’s Razors

Women’s razors are more costly compared to men. Although there is no difference between them. A woman can easily use men’s razor and quit buying women’s razor because the functionality and benefits that a women’s razor will give, the men’s razor will offer her the same.

 

3.    Extended Warranty on Electronic Products

Extended warranty is another fine way that stores make easy money. Many people often try to extend the warranty on their electronic products. They think it is a wise choice, but in fact, it is a waste of money because the warranty will only be useful if a technical issue occurs. Breakage or burning is not usually covered on the warranty.



4.    Groceries Everyday

Most people buy grocery on a daily basis. This is a sneaky money-waster because whenever you visit the grocery store for a single item, you come back with 2 or more additional things. So, to save money, buy a whole month worth of grocery at one time. This also saves money on gas and long trips to stores.

 

5.    Hardcopy books

Hardcopy books can be a big wastage of money in the age of iPad and Kindle. There are lots of digital versions of every kind of book available in the market and offer the same result as the hardcopy version offers. So, it is better to quit buying hardcopy books. Use your iPad or Kindle instead.

book

 

6.    Too Much Online shopping

Cutting down on online shopping can save a lot of money. Many ladies love to shop online. The right amount of online shopping is fine. But when online shopping becomes excessive, that’s when we all need to put the brakes on. Of course, shop online for the things you really need; but avoid online shopping addiction to save money.

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7.    Cute Clutter Items

Cute clutters like oddly shaped sculpture or large numbers of plaques containing too many inspirational quotes, are also a big waste of money. One or two would be just right. Some of these things are unnecessary, to be honest; we don’t even have a clue how they will affect our lives, but we purchase them anyway, and this can be completely over-the-top.

 

8.    Netflix Premium

Netflix Premium is also another waste of money. You already know that the shows that you are watching will be publically released after some time but you still watch them anyway. So, you should wait for a while, watch those shows by downloading it free from the internet and save money for any other important need. We all need a bit of delayed gratification, frankly.

 

 

 

9.    Haircuts

Most people get haircuts too often. They might not even need a haircut at that time. Well, if you do not have to attend highly important events, you can delay your haircut for a while and invest your money on any other important need. Instead, you can buy some styling hair cream or styling gel and apply them as often as needed, as shown below.



10.           Gym Membership

Most of us can relate: you pay for gym membership, and yet you do not even go to that gym anyway. You never go there again. And the gym never refunds your money. Another stack of money wasted. Similarly, most  people get a gym membership at the early days of their workout. More money down the drain.

 

11.           Prepackaged food

Well, it is obvious that prepackaged foods like bags of fruit salads and pre-cut vegetables are a little bit expensive than normal ones. All these things are not much better than normal fruit slicing or vegetables. You can also use the normal food by simply washing it with water before eating. It will be similarly safe and healthy as the prepackaged food items.

 

12.           Bank Fees

If you are still paying excessive pay account fees, then you definitely need to switch to other free or inexpensive options. There are several other options available that don’t require any monthly fee at all, and also no charges for transactions. They are many free online checking accounts too. “Make it easy on yourself”.

 

13.           Disposable dishcloths

Instead of throwing away your dishcloths after every use, you can wash them and use them next time. This thing is not much difficult to do. In fact, it will help you a lot to save the money that you are paying for getting new dishcloths again and again. Here’s a contrarian view: you can also avoid disposable dishcloths altogether and use regular towels as shown below.

 

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14.           Bottled water

Avoid buying bottled water every time. Just buy it once to get an empty bottle, fill it with the regular water that you drink regularly and use it every time. It will save a huge amount of money.

15.           Reduce alcoholic drinks

Excessive drinking of alcohol is not good for your health and for your money. As you know, drinks are not that much easy to buy daily. If you purchase them regularly, then you are wasting your money and also enhancing the risks of severe diseases.



16.           Buying the latest version of everything

It is not very much crucial that you have to buy the latest version of everything. You can also use the previous versions because they often offer most of the similar functionalities as the new one offers. Many of them look very similar, anyway. This is so true with electronics. It’s time to be strong, “just say no” and save money for our family’s future.

 

So, there you have them; some of the top money wasters in our lives. Consider the 16 above-described things and see which ones apply to you. Let’s be real: money is so hard to earn. So it’s important for us to keep our hard-earned money instead of wasting it on things we don’t really need.




 

Referral Disclosure: we are members of the Amazon Associates Referral Program and other referral programs. At all times, we may partner with some companies mentioned on this blog. There are referral links on this page and we may receive a small commission from your purchase if you click on our links and buy. There is no cost to you. Thanks for your support. We appreciate it

Filed Under: Extra Money Tips Tagged With: 250 money saving tips, creative ways to save money, household money saving tips, how to save money, how to save money as a teenager, how to save money each month, how to save money from salary, money saving tips, saving money challenge, ways to save money on a tight budget

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