It’s 2019, and there’s a list of things to stop paying for this year. I’m sharing 7 of those things down below, which will help you save money!
7 Things to Stop Paying For in 2019
With January upon us, now is a good time to reevaluate your spending habits. Maybe you’re living paycheck to paycheck and want more money to go into savings for future plans. Or, you are focused on paying off debts quickly and need to cut expenses into order to eliminate the bills.
Below are seven things you need to stop paying for in order to have more money in 2019
Cable TV. Thanks to streaming services such as Netflix and Hulu, you can save a ton of money each month on your TV programming. Many people can save $80 or more per month by cutting the cable (or satellite cord) and switching to these services, which have a ton of great movies and shows available to keep you entertained. Learn how we cut our cable and use streaming services to watch all the latest shows. Also, be sure to read our tips in our 52 Week Money Challenge: 52 Money Save Ways: Week 8: Cut The Cable
Gourmet Coffee. There is no reason to splurge on a $5 coffee every morning when you could be making it at home. Many home-brewed coffees taste just as good as those you get in a drive-thru or coffee shop, for a much less daily cost! As much as I love Starbucks, I have learned how to enjoy Starbucks for free. You can also come up with copy-cat recipes to save money on those expensive lattes.
Gym Membership. Yes, the accountability and access to all that fancy equipment are nice. However, let’s face it, most people waste money when keeping their membership to a gym. Many don’t use the facilities to their fullest and others skip workouts, making excuses while continuing to pay the fees. A much better (and more affordable) option for most people is to exercise at home. Cheap equipment such as workout DVDs, dumbbells and exercise balls can be purchased for a one-time fee and used as much as you wish to save you money and keep you active.
Books. There are too many ways to get free books to read these days to spend a ton of money on them. Your local library is your best friend if you want some quality paperback entertainment. Grab a library card (FREE!) and browse the shelves for new books to read. If you must pay for more access to titles, consider Kindle Unlimited. We post FREE Kindle Books daily, so be sure to check out those freebies.
Takeout Meals. Don’t let a busy night cause you to order overpriced and unhealthy fast food! Meal planning is your best friend, especially for those that have busy days and still need to feed their family. Plan your meals so that you can control your food expenses. The same can be done for lunches if you work outside the home. Make more than you need for one dinner to provide leftovers for the next day’s lunch. Pro-tip: If you are going to eat out, be sure to check out 52 Money Save Ways: Week 36: Eat Out The Smart Way
Magazine Subscriptions. Many people would have more money in their bank accounts if they took the time to cancel their magazine subscriptions in the new year. This is especially true for those that don’t have time to sit down and enjoy the magazines anymore. This also applies to those other misc. subscriptions that you keep paying for every month and not using. I would suggest sitting down and going through your account to see what subscriptions you no longer use and cancel them ASAP. Read how to score free magazines in 100 Free Items You Can Get Today
Late Fees. Become more aware of due dates for bills, library books and anything else that would incur a fee. This money is a complete waste for you. Schedule your bills in advance if they take a couple of days to process. Having a budget makes it easier to see when everything must be paid in order to avoid late fees. This also applies to the ATM machines that charge you $3.00- $5.00 fees. Those fees can easily add up, and you can easily save a few hundred dollars by properly planning when to get money. 52 Money Save Ways: Week 11: Avoid Fees
When you stop paying for these seven things in 2019, you’ll notice you have more money to spend on other things. You can cushion your savings account or pay off more debt. Take a look at your expenses from the last several months to see if you can cut any (or many!) of these out.