deepstash

Beta

It's About Time You Stop Wasting Money

Deepstash brings you key ideas from the most inspiring articles like this one:

Read more efficiently

Save what inspires you

Remember anything

https://www.listenmoneymatters.com/wasting-money/

listenmoneymatters.com

It's About Time You Stop Wasting Money
All of us have spending leaks, money we spend that we shouldn't. Stop wasting money already! We're getting back to basics. While you were all busy investing in real estate and monitoring your portfolios, you've been steadily wasting money.

4

Key Ideas

Save all ideas

Measure your expenses

Take a hard look at how much you are spending day to day. Every time you spend money, write it down as it happens in a little notebook or log it into an app.

Alternat...

773 SAVES


Aiming to save pounds, not pennies

Get a cheaper living situation: Live in a smaller house that needs less stuff to fill it or get a roommate.

The personal finance rule of thumb is to spend no more than one-third of your in...

623 SAVES


You Can Cook

If you can read, you can cook. If you can read and cook, you can use meal planning and prep to save time, money, and improve your health.

Base your menu for the week on two things: wha...

643 SAVES


Buy quality

Poor people buy cheap clothes that have to be replaced much more often than the more expensive clothes rich people buy. In the end, poor people spend more money.

Buy quality.  Spe...

711 SAVES


SIMILAR ARTICLES & IDEAS:

Going for quality

Cheaper clothes usually mean cheaper material and bad resistance. But quality doesn’t have to be expensive. You can find secondhand quality clothing items in special stores or online.
Just don't...

Knowing your fit

Spend time researching how different items are supposed to fit.
Because one of the reasons we jump into buying new stuff is that nothing from out closets seem to fit right.

Buy for reality

Don't buy clothes for a fantasy you. Because you may end up with a huge wardrobe with nothing to wear.
Take into account how you spend your daily life, how many similar items you already have and the time of the year (warm, cold) when making new purchases.

one more idea

Brand name products

You don’t have to spend money on the big brand names.

Your local grocery or drug store might have a store brand or sell a generic version. In most cases, the ingredients are pretty muc...

Basic car maintenance

You do not need a professional mechanic to sort out many of the simpler car problems.

There are all sorts of easy and helpful instruction videos available to repair or maintain your car for cheap.

Shopping when you’re hungry

We are more susceptible to buying stuff we don’t need when we are hungry. The same goes for a leisurely grocery trip. 

Make your shopping trip when you have other errands to do and a limited time to do them. You will be less likely to spend time exploring and picking up items that you did not originally plan to purchase.

13 more ideas

Single-Cup Brewing

It is more efficient to brew one cup at a time and you can choose from a great variety. However, it can be very costly. The excess packaging also causes environmental problems.

Microwave Popcorn

Popcorn is a great, healthy snack.

Instead of buying popcorn in microwave bags, one can also pop corn at home for much less than the bagged kind.

Bottled Water

Bottled water drinkers give 3 main reasons for their choice: 

  • Taste: Many claim their tap water tastes bad, but a simple pitcher filter can probably fix it.
  • Safety: Bottled water is not necessarily safer than public water sources. A high-end filter can remove impurities from tap water.
  • Convenience. A decent filter and a reusable bottle or stainless-steel flask can replace bottled water.

3 more ideas