11 Things to Stop Buying That’ll Save You Tons of Cash (2024)

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11 Things to Stop Buying That’ll Save You Tons of Cash (1)Elizabeth FlahertyUpdated: Oct. 12, 2023

    Cut these simple things out of your life and you'll be amazed at how much money you can save.

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    11 Things to Stop Buying That’ll Save You Tons of Cash (2)

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    Television cable

    Cancel your cable bill. With services like Hulu, Netflix, and Amazon Prime Video, you can now watch almost anything immediately, and for a fraction of the cost of cable TV. Options such as HDTV antennas and YouTube TV work for those who love live TV, too.

    11 Things to Stop Buying That’ll Save You Tons of Cash (3)

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    Plastic baggies

    Sure, plastic baggies are incredibly convenient, and we’ve gotten into the habit of buying box after box. But thesereusable baggies cost about as much as a big pack of sandwich bags and are easy to wash and re-use. They seal well and are biodegradable, while typical plastic bagsmay spend 500 to 1,000 years or longer in a landfill.

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    Impulse purchases

    We’re not just talking about the items that catch your eye as you shop hungry or wait in the checkout line—but certainly resist those too. All the time we spend online makes it easy to see something we never knew we wanted and then, thanks to a few touches and swipes, have it heading our way within minutes. Make a rule that all items must sit in an online shopping cart for a minimum of one day before purchase. Bonus: Some companies offer you a discount when they notice you haven’t yet pulled the trigger. (Though be sure that in the end, need, not that discount, informs your decision.) Here’s how this single mom stopped buying three things and saved more than $5,000.

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    RossHelen/Getty Images

    Unnecessary groceries

    A recent study at the University of Vermont found that the average American wastes nearly a pound of food daily. That’s bad news for your wallet and the environment. Some tips to help: Plan your meals weekly, keeping what you already have on hand in mind, and make a grocery shopping list to support it. Stick to that list and shop smart when you do. Get creative with leftovers and using your freezer. (For example, a running stash of about-to-turn fruits and veggies make perfect smoothie starters.) Here are 19 tricks frugal shoppers use to save big on groceries.

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    Paper towels and napkins

    A 36-pack of microfiber clothscosts you about the same as a 12-pack of paper towels, but it will last you way longer. Invest in a stash of pretty cloth napkins, too. Keep a mini hamper under the sink to corral the dirties—and effectively keep paper products out of your kitchen.

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    Nathan Antonino/shutterstock

    Dryer sheets

    Invest in a few reusablewool dryer balls instead. You’ll save money on repeat dryer-sheet purchases, plus you’ll cut down on dry-time by up to 40 percent, according to the dryer-ball manufacturer (which then saves on energy costs). Speaking of saving money, learn about the abundance mindset next.

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    Greeting cards

    All those $3 and $5 purchases really do add up. Switching to free ecards instead of sending across the miles saves you money on postage, too—Smilebox, justWink, and PaperlessPostare some popular options. Can’t stand the thought of not giving them something to have and to hold? If making cards is up your alley, go for it! (Hold an afternoon card-making session to build up a stash.) Or, just buy an inexpensive box of all-occasion cards, and you’re good to go for years to come. Even better, here are free Christmas cards you can print at home.

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    martin-dm/Getty Images

    Meals out

    Dining out is more than a $3,000 annual expense for most American households, according to the Bureau of Labor and Statistics. While no one wants to give up going out altogether, there are all kinds of ways you can bring that number down. Plan to take lunch to work or school more often. (Make it fun so it doesn’t feel like you’re skimping.) Go out during happy hour, meet for lunch instead of dinner, or opt for an appetizer potluck at home instead of an evening out once in a while.

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    adamkaz/Getty Images

    Apps and in-app purchases

    Schedule some time to review your app subscriptions and quit any you no longer use. (Subscriptions that are automatically billed each month are easy to forget about.) If there are any you do use that have a particularly high in-app purchase rate—Candy Crush, we’re looking at you—research free or low-cost replacements. You could also set a monthly limit that you’re comfortable with, and disable in-app purchases once you’ve met it. And here’s an idea: Use apps to save money instead. Apps like You Need a Budget and Mint are designed to do just that.

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    kalender/Getty Images

    Bottled and canned water

    If you haven’t already, it’s time to stop paying nearly $4 for a bottle of water when you can get it at home for virtually nothing. If you’re concerned about taste or quality, invest in a water filter and reusable water bottle. Canned sparkling water isn’t exactly cheap, either. If you’ve developed a fizzy-water habit, consider an every-other rule to help you cut back: Drink a glass of regular water between every can. Or, if you’re serious about your sparkly, get a Soda Stream and make your own.

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    Name-brand items

    While it’s true that some generics items don’t compare quality-wise to their higher-priced brand-named counterparts, it’s also true that some generic products are literally identical. This is true of hundreds of items, including patent medicines, food, household items, and more. Next, learn how these 5 money tricks helped this person save $1,000.

    Originally Published: May 21, 2020

    11 Things to Stop Buying That’ll Save You Tons of Cash (13)

    Originally Published on The Family Handyman

    11 Things to Stop Buying That’ll Save You Tons of Cash (2024)

    FAQs

    How not to buy unnecessary things? ›

    How to stop shopping: 12 ideas that will save you time and money
    • Identify the real need. Before you buy something new because you are bored, sad, frustrated or even celebrating, identify the real need. ...
    • Remove temptation. ...
    • Delay. ...
    • Try a shopping ban. ...
    • Watch your excuses. ...
    • Track your spending. ...
    • Declutter. ...
    • Location.

    How do I resist the urge to buy something? ›

    Identify and remove your spending triggers
    1. Unsubscribe from store newsletters or lists of things you can buy.
    2. Delete apps that make buying easy from your phone.
    3. Don't save credit card information on sites where you shop—if you need to purchase something, enter the card info manually.

    How can I shop less and save more? ›

    Top 10 Shopping Tips to Get More for Less
    1. Wait for the Sales. The first tip is very common, but it's also the most important. ...
    2. Take Advantage of Coupons. The next tip is to take advantage of coupons. ...
    3. Use Reward Cards. ...
    4. Match the Price. ...
    5. Shop with Purpose. ...
    6. Look for Deals. ...
    7. Creating a Budget. ...
    8. Shop with a Friend.
    Mar 3, 2024

    How do I control my shopping urges? ›

    5 ways to avoid impulse buying
    1. Reflect before purchasing.
    2. Stick to a shopping list.
    3. Implement the 24-hour rule.
    4. Unfollow accounts that fuel your temptation.
    5. Prioritize clear financial goals for long-term gratification.
    Jun 20, 2023

    How much does the average American spend on unnecessary things? ›

    Let's look at seven recent stats that show we how much money we waste — and some expert tips on how to stop frivolous spending. $18,000 per year: the amount Americans spend, per person, on nonessentials according to a survey by Ladder and OnePoll, as reported by Vox.

    How much do Americans spend on things they don't need? ›

    Everyone needs a little luxury in their life, but are consumers spending too much? New research commissioned by Ladder and conducted by OnePoll shows that the average American spends almost $18,000 a year – or more than $1 million over the course of an adult lifetime.

    Why am I only happy when I buy things? ›

    Dopamine release: Buying something new can trigger the release of dopamine, a neurotransmitter associated with pleasure and reward.

    What is the psychology behind buying things? ›

    Research has shown that people tend to be driven by three main emotions when making purchase decisions: pleasure, fear, and guilt. Pleasure is often the primary emotion associated with buying something—we all enjoy getting a good deal or finding that perfect item for our home or as a gift for someone.

    What grocery store saves you the most money? ›

    Aldi. If you want to save money on your groceries, there's perhaps no better store to shop at than Aldi. You'll find Aldi locations across the country and overseas, all of which guarantee competitive prices compared to the other grocery stores in your area.

    How can I save 50 on groceries? ›

    How to Save on Weekly Groceries
    1. Shop your fridge, pantry, and freezer first. ...
    2. Keep versatile basics in the pantry. ...
    3. Maximize freezer space. ...
    4. Make a meal plan. ...
    5. Buy the ingredients you use the most in bulk, but ONLY if they're non-perishable or have a long shelf life. ...
    6. Repurpose your leftovers.
    Jan 25, 2024

    Does thrifting save money? ›

    Second-hand shopping can save you up to 50% per item. Depending on how often you decide to purchase items second-hand, your annual savings can be thousands of dollars. Second-hand shopping is an easy, responsible way to reduce your carbon footprint.

    What is the root cause of compulsive shopping? ›

    When we make a purchase, our brain releases endorphins and dopamine. For some, this momentary pleasure can lead to compulsive shopping, as the instant reward and motivation to re-experience the 'rush' starts to outweigh self-control and practical financial considerations.

    Why do I feel compelled to buy things? ›

    Feeling a need to buy stuff we don't need can be due to various factors, including advertising, social pressures or deeper emotional needs. If our self-worth depends on material things, like the clothes we wear or the car we drive, we may feel buying more stuff increases our value.

    How do I stop buying anxiety? ›

    Here are several tricks that can help break the stress shopping habit.
    1. Minimize Temptation.
    2. Stay Out of Stores.
    3. Shop Your Closet.
    4. Increase Dopamine Naturally.
    5. Participate in a Savings Challenge.

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