Monday, August 20, 2007

Top 10 Money Drains

Bankrate.com has listed 10 of the daily expenses that eat away at your money on daily expenses.

1) Coffee - for all you coffee addicts out there save your money, make your own coffee.
2) Cigarettes- this pretty much talks for itself, quit smoking save money.
3) Alcohol- Many of us spend way too much on this, cut it out and save muh-lah.
4) Bottled Water- This is one of my addictions, why pay a buck for bottled water.
5) Manicures- Women do your own nails, save money.
6) Car Washes- It's easy to blow $20 or more getting a car wash, wash you own car even at a car wash may cost around $5 in change.
7)Eating Out- Eating out kills your wallet, take a lunch to work and cook at home instead of going out.
8) Vending Machines- As a student it is very easy to waste a couple of bucks on junk food between classes or during breaks.
9) Credit Cards- Need I say any more? This should be number one.
10 Unused memberships- Like gym memberships, if you aren't using them cut them out.

Other places I think you can save money on is cutting out cable or satellite channels. Get the basic coverage if you need it. Let me know if you have any other ideas on how to save money or cut things out.