If you take a close look at your current lifestyle, there are likely one or two habits that you have developed that have cost you a lot of money over the years. My challenge to you is to work towards breaking those expensive habits this year so that you can use that money for bigger and better things such as saving for your future, doing some home renovations, or taking a much-needed vacation.
I’ve listed below just a few of the many expensive habits out there. I’m sure you could come up with more of your own that you need to challenge yourself to overcome.
1. Unused gym memberships – There’s certainly nothing wrong with paying for a gym membership if you actually go to the gym regularly and make good use of it. Unfortunately, however, a lot of people don’t use the gym enough to merit paying for a membership. If you’re one of those people, I recommend canceling your membership and getting exercise by some other method such as jogging with a friend or family member regularly.
2. Specialty coffees – If you find yourself stopping at Starbucks every morning for your favorite specialty coffee, consider buying the mix and making a cup at home. You can bring it to work in a mug or thermos for a fraction of the cost.
3. Buying lunch everyday – Rather than throwing away your hard-earned money day after day by buying lunch at your work cafeteria, get into the habit of bringing your own lunch to work using leftovers from the night before.