Save Money Stop Buying These Now

Spending money on stuff you don’t need is just throwing your money away. Be mindful of your spending. Buy fun items that solves problems. Does your coffee get cold on the way to work? Buy a quality tumbler. Stop buying cheap stuff you don’t need and replace it for quality stuff you do. Here are a few things you need to stop buying right now to Save Money.

1. Stop Buying Debt (It Costs You Interest)

One loan = two monthly payments. Payment one: you are responsible for returning the money you borrowed. And payment two: you’re on the hook for monthly interest fees. If you’re in debt, you’re losing money to interest every month.

To lower your monthly interest rate, pay down your debt. Your interest payment is a percentage of your principle. That means the less debt you have, the less you pay in interest every month.

Eliminate Interest Payments

Want 0% interest? Get a balance transfer credit card. Transfer your debt to one of these cards, and you could receive 0% interest for 12-18 months (actual interest rate depends on your credit score.

These cards are a great opportunity Save Money and tackle your debt fast. Every cent actually goes towards paying down your debt and you lose none to interest. More than 4 in 10 Americans have used this kind of credit card to avoid paying interest for a year or longer.

How To Stop Buying Them
How To Stop Buying Them

2. Stop Buying Restaurant Meals

Meals at restaurants are expensive, and Americans spend half their food budget eating out. Consuming alcohol when you dine increases the cost, and a well-earned tip adds 20% to your bill. To keep more of your money, spend more time in your kitchen and spend less at your favorite restaurants.

Save on Groceries with Ibotta

Ibotta earns cash back at the grocery store. And not for unusual items, either. Ibotta wants to give you cash back on the staple grocery items you buy every week. If you want to save on food costs while cooking at home, you need to be a smarter grocery shopper. Earn cash back on groceries with Ibotta.

Ibotta users earned $186 million in 2019. Download the free Ibotta app today, and Ibotta will get you started with a $20 welcome bonus.

Want to hear even more ways Ibotta can save you money? Check out our Ibotta explainer video, here!

Stop the Unplanned and Impulse Purchases

It’s easy to fall into the trap of buying something on sale. Or it’s by the cash register. You grab it because it’s “cheap.” But after 100 small purchases, the total isn’t so small anymore. Be mindful of how you spend your money. Buy things that will make your life better. Buy things solve a problems. When the stuff you buy improves your life, those gifts keep on giving.

About the Author: Manuel Solis

Passionate designer and programmer, gadget lover and gamer's heart. Specialized in web development, custom software and graphic design. Professional and highly qualified independent freelancer.
By Published On: May 14, 2022Categories: Blog, BusinessTags: ,

One Comment

  1. Manuel Solis June 10, 2022 at 11:06 pm - Reply

    Excellent article, teach us how save money

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