Top 10 Ways You Can Waste Money Without Realizing It
always on the lookout for ways to save money, but sometimes we ignore
the fact that we're actively wasting money every day. Here
are 10 ways you might be letting money slip through your fingers.
10. You Ignore
Wear and Tear on Your Home
When you own
a home, it seems like the repairs and improvements never stop...but
you might have missed out on a few important ones. If you've still
got drafts of air flowing through your house, you're probably wasting
a lot of money on heating and cooling costs, and might even have
some water damage from leaks around the foundation. Check out the
three money-saving home improvements you should do right now.
While you're at it, check out our other guides to getting
your energy bills down with just
a little common sense.
9. You Aren't
Maximizing Your Credit Card Rewards
We pay for
more and more stuff with plastic these days, so why not get the
maximum amount of cash back when you do? Lots of credit cards come
with a good set of rewards, but some are definitely better than
others especially if you have a specific place you want to
spend them (like travel). Check out our roundup of the five
best reward credit cards, and the five
best travel-based rewards cards. Once you've found the right
card for you, make sure you're using
it in a way that gets you the most back for your money.
8. You Have
Unclaimed Money In Your Name
It may sound
like the least convincing scam ever pulled, but you may actually
have unclaimed money that belongs to you out there, just waiting
for you to grab it. Sometimes it's a savings bond, sometimes it's
an unclaimed 401k, but no matter what it is, it's actually really
easy to look up. Check
out our post on the subject for more info about where to go
and how to get that money out of financial purgatory and back into
7. The Food
In Your Kitchen Goes Bad
It's hard to
judge exactly how much food you'll eat in the next week or month,
but when food spoils, that's money down the drain. Planning
your meals ahead of time helps a ton, as does knowing
how long different foods stay fresh on the counter, in the fridge,
and in the freezer. But, in the end, all it takes is a little attention.
Check out our guide to waging
war on food spoilage to keep it all under control.
6. You Pay
Too Much for Smartphone Data
sign up for a data plan and use their phone without really digging
into how much data they use. If you're still holding onto an unlimited
plan, for example, it's worth looking up how much data you actually
use in a month you
might actually save money by moving to a metered plan (after
all, 48% of people don't even use 300MB of data per month). Check
out this chart to see how much you could save, and if you haven't
checked your data usage in awhile, give it a look. You might be
surprised. Of course, if you do have a limited plan, make
sure your phone isn't secretly
wasting data in the background, too.
the rest of the article
dispenses cutting edge digital productivity news for efficiency
fans everywhere. Motivated business decision makers and at-home
DIYers turn to Lifehacker to manage their workplaces, personal finances,
and home computer setups. Built on a collection of 'life hacks,'
Lifehacker is a regular addiction for millions and its editors are
recognized as leading digital intellects.
© 2013 Lifehacker