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3 Easy Ways to Save Hundreds Every Year – The Motley Fool

Image source: Getty Images

Saving money does not have to be painful.

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Image source: Getty Images

Saving money does not have to be painful.


Key points

  • Tweaking the way you do things may be enough to keep hundreds of dollars in your checking account. 
  • If you want to save big bucks, start in the kitchen. 

I don’t know about you, but I go on kicks. I’ll spend months eating clean, only to fall off the wagon and polish off a box of Toasty Cheez-Its. I can spend years watching my budget like a golden retriever watching her newborn puppies, then fall off the wagon as life gets busy. And it’s when life gets messy or I get busy that I burn through money that could have been saved and invested. 

Fortunately, I recognize when I’m not being as careful as I should be and I’m able to take steps to correct myself. Here are three ways to save serious money without depriving yourself one bit. 

1. Take inventory

Heading out to the grocery store is about as much fun for me as getting patted down at the airport. My trips are often made out of desperation. For example, I’ll decide to make Mexican for dinner, only to realize I don’t have any tortillas in the house. While I’m at the grocery store, I pick up a few other things so I won’t have to return anytime soon. 

Here’s the problem: I often purchase things I already have at home. If I’d only taken the time to look through my refrigerator, freezer, and pantry, I’d have a better idea of what I ought to be spending money on. 

An estimated 30% to 40% of food in the U.S. goes to waste each year. That’s wrong on so many different levels it’s difficult to parse out. For example, how many people could be fed with the food we toss out, and how much money could we save if we only bought what we need and what we’ll use? 

I’ve been struggling with this issue for a while now, and here’s what I’ve come up with. I joined Walmart+. It’s free for me because my American Express card reimburses me the $12.95 monthly fee. The primary benefit of being a Walmart+ member is that I don’t have to pay a fee to have groceries delivered. I leave a tip for the driver, but the amount of money I’m saving by not buying things I don’t need more than makes up for it.

Before I place an …….

Source: https://www.fool.com/the-ascent/personal-finance/articles/3-easy-ways-to-save-hundreds-every-year/

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