You knew this one would make it on this list. Yes, your $8 morning latte is a sacred rite and the only way you can function before 10am. But realistically, it’s way too expensive to do every day if you’re trying to save money.Even if you’re only spending $5 on that caffeinated concoction every day, that adds up to about $150 a month. That’s right—enough to fund a small vacation or, you know, a decent coffee maker that essentially pays for itself.
Takeout and delivery are both extremely convenient; we’ve all been in those situations where we’re exhausted and can’t bring ourselves to even boil water for dinner. But instead of assuming the future you is capable of feeding you in those moments of exhaustion, try meal prepping on weekends or whipping up easy one-pot meals during the week. .
The “prestige” you think you’re getting with brand-name products is holding you back from meeting your financial goals. Generic brands can be just as good (if not better) than their name-brand counterparts, and they often come with a much friendlier price tag. Next time you’re at the grocery store, dare to venture into the world of store brands and see how much you save.