Are you making the most out of your spending habits? You might be able to save a great deal more than you thought. How you live your life can have a huge effect on the state of your bank balance and there are a number of ways that you can get even more out of what you put in. Saving your money starts with you and by changing a few of your everyday habits, you can hack your life and save more cash.
- Carry Large Bills
It’s time to use psychology. Research has shown that you will be less likely to spend money if you carry bills rather than cards. Having a physical reminder of just how much you’re spending can be a great incentive to cut back on unnecessary purchases and keep your bank balance in the clear. If you want to go even further, try carrying larger bills only. The larger the bill you have, the less likely that you are going to break it.
- Wait Until You Spend
With internet shopping at your disposal, making purchases can be an everyday occurrence. It’s time to take influence from the old days. If you see an item that you simply have to have, wait until the end of the month in order to buy it. Not only are you more likely to have been paid at this point but also, it will give you ample time to think over your purchase and make sure it’s the right thing for you.
- Brew Your Own Coffee
It might only be a few extra dollars a day but regularly buying takeout coffee can add up in the long term. To buck your spending habit and make more out of your cash, try brewing your own coffee at home and taking it with you on the go. You will save thousands of dollars over the course of the year, cutting the cost of your cup dramatically.
- Buy A Water Filter
Do you drink bottled water? You could be missing out on a trick. Buying a water filter to clean up your tap water is a much more cost efficient way of drinking clean and will help you to cut down on your waste, too. You can buy a filter that fits in a chilled jug or even have one attached to your main water supply. Fresh, clean water can be yours all day.