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Cutting Smaller Expenses Can Help You Save Big Money

Saving money is often easier said than done, but if youre serious about bulking up your savings account, there are ways to achieve your financial goals. And while eliminating vacations, canceling your cable subscription or getting rid of your car and relying on public transportation can help you save big chunks of money, these may not be practical solutions for you and your family.

If eliminating big expenses is too difficult, take a step back and focus on cutting smaller expenses that wont impact your life in a big way.

Here are a few ideas to get you started:

Small, Daily Expenses
$5 cup of coffee a few times a week at your local coffee shop will add up right before your eyes. In fact, if you purchase a cup of coffee twice a week, thatll cost you nearly $500 a year. If your caffeine addiction has you picking up a coffee every day of the work week, youre laying down $1,200 a year. Thats some real cash worth saving by brewing your coffee at home.

Impulse Purchases
Impulse purchases can go beyond living expenses and straight into splurges that you dont truly need. Common impulse purchases include a pint of ice cream at the grocery store, or gum or lottery tickets when youre buying gas. Make a conscious effort to put an end to these small impulse purchases for a week and see how much money you save.

In-App Purchases
If youve downloaded a lot of games, photo editors or other apps that do a range of things for you, you have the opportunity to spend plenty of cash on things you probably dont even think about. Paid versions of apps”or ones that allow in-app purchases”are convenient and can help you save time, but spending a few dollars for such apps can add up. When downloading apps or games on your smartphone, go with the free version if you can, knowing that you may have to sit through some ads to get the content.

Coupon Apps
While coupons are a great way for savvy shoppers to save some serious money when shopping for groceries, clothes and everything in between, they can also encourage unnecessary spending if youre constantly purchasing products you dont need. If youre looking to get a handle on your spending, remove Groupon and other coupon apps from your phone”and only look for a coupon once youve decided to purchase an item.

Alcohol and Desserts When Dining Out
Beverages at restaurants have high markups, particularly alcohol, so skip the cocktail until

The same goes for desserts. While you dont want to deny your sweet tooth when youre celebrating your birthday, for example, know that restaurant desserts are extremely overpriced. Do your wallet a favor by making something at home or buying it elsewhere.

While the ideas noted above are on the simple end of the spectrum, begin incorporating one or two at a time and see how far youve come at the end of a month before deciding whether or not you can adhere to it long term.

Published with permission from RISMedia.

About Debbie Kirkland

Realtor Since 2002. Top 5% In Tallahassee, Florida. Member, 2012 President, Tallahassee Board of Realtors I love sharing information and photographs of the Tallahassee, FL area. I'm a native and know the area well and love finding homes for people in the area as well as being a resource by sharing what I love about my hometown! I want your real estate referrals as well ~ So check out my website, get to know Tallahassee or SEARCH for area homes, and contact me soon!

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