Spoiled food. This common mistake can be made by anyone: you spontaneously purchase something you think you will enjoy, for example a bottle of drinkable yogurt, and after some time, you catch yourself throwing it out because it expired. This also occurs when your fridge is filled with too much food that isn’t really that easy to eat fast – mostly products that are made from milk, or various meats, simply because they expire so fast. Even though this is a major money leak, the solution is simple – always take a shopping list with you. This way you will know exactly what you’re buying and how much you spend. It will not only save your time, but will help you avoid buying too much junk food which you really want to avoid if you’re aiming for that summer body this year.
Wasted energy. Wasted energy on the other hand, is way harder to control than food expenses. This includes electricity, water and heating bills. Fastest way to potentially save money on energy is to check for any literal leaks. Go over all your pipes, check out if there are any small pools of water or if the pipes are wet themselves. If that’s the case, call a plumber or try to fix it yourself, which we don’t recommend since it can go horribly wrong. Also if there is a funny gas smell in your basement, immediately call for a technician and never ever try to light a match in that place, unless you really want your eyebrows burned, or even worse! The second part of plugging this “leak” is way more difficult – it’s changing your habits. It is pretty self explanatory, as we’ve all heard it before – turn off all the lights after you leave the room, don’t leave any electrical devices that could drain your savings. Simple trick to saving water is to take cold showers. There are countless benefits of cold showers to your health, and it also saves a lot of money since no one will take more than five minutes to shower. If you’re saving money on water, you will also have to, sadly, give up on those sweet bubble baths, but don’t worry, it’s all worthwhile in the long run.
Fancy places. Another major money leak is pretty simple – it’s all those posh areas in your town that just scream “Spend all your money here!”. If you’ve come this far into this article, we’re assuming you are saving or at least thinking about saving money, so you’re probably already avoiding those areas like the devil himself, but that’s not all. Even though they don’t look like it, bars, pool and bowling houses and all the other similar entertainment spots are ridiculously overpriced, and we’re not talking about the entertainment itself – that we can’t really change, you must relax once in a while. We’re talking about all that overpriced food and alcohol. It might be a good idea to leave home with your stomach full, and do a little “warm up” with your friends before going for the next pool match, in the end, you’re not going to a bowling place to eat – the point is to play bowling and have a good time and it’s possible to do this without creating an empty void out of your wallet.