Thrifty Habits

We might all have heard the saying, “The more money you make, the more money you spend.”  Did you also know that the more money you save, the more addictive saving money becomes?

Just like exercising, it’s hard to find the motivation to go to the gym, but once you start seeing results you want to go back again and again.

Being thrifty means something different to each individual based on their financial well-being, but there are tips that if applied can help save money, no matter what financial tax bracket you fall into.

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If you find yourself wanting to shift your relationship with money, try some of these expert tips.

Cut the Cord On Cable

Without spending hundreds of dollars each month, you can get rid of your cable bill.  Generally, with an antenna, you can access up to 40+ channels of “free” tv.

Most tv shows are also available online, plus Netflix has a great selection of movies, past seasons of tv and cable shows and original programming for only $12/month.

With the elimination of your cable bill, you could potentially save $700-2400 per year!

Make Your Own Coffee

Make your own coffee at home every morning and take a “to-go” cup with you when you have morning meetings or appointments.

If you are a coffee addict and buy one $4 coffee per day, 4 days a week, not including tax, you are spending $832/year on coffee. I think this is a very conservative estimate, in using only one $4 drink, four days a week.

Eat at Home

Sometimes the thought of cooking a meal and eating at home makes the appeal of going out to eat, grabbing carry out, or even more tempting utilizing a delivery service.  If you calculate how much you spend on dining out you might be much more encouraged to change your dining habits.

Even the most budget-conscious will spend $4-6 for lunch.  If you eliminate going out to lunch twice a week, you can potentially save $416/year ($4 x 2 times per week x 52 weeks).

These are several basic cost-saving tips that could potentially help you save $5,000/year or more which could add up to the closing costs on a new home or your next remodel.

The Certo Team
55 N. Arizona Place Suite #103
Chandler, AZ 85225

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