6 Sneaky Habits That Are Making You Poor – Without You Even Noticing

SNEAKY HABITS

In our consumer culture, spending money on things you don’t need is easy. When you form a habit of purchasing non-essentials, it can take a massive toll on your finances.

From playing the lottery to getting your nails done, these habits can quickly empty your wallet if you’re not careful.

While many coffee lovers claim that no one can make a better latte than their local Starbucks, it may be time to stop hitting the cafe daily for your caffeine fix.

Buying Your Coffee Every Day

Do you feel tired after a long day of work with no energy left over to make dinner? I understand the feeling. But if you already bought groceries to prepare your meal and opt to order out instead, you’re wasting both food and money.

Picking Up Takeout When There’s Food at Home

If you go out every Saturday night and have three gin and tonics, you’re paying $120 per month. Consider going out with friends and holding off on ordering drinks. You may be surprised to find you still have a great time.

Drinking Alcohol

When you wake up early to make it to work on time, the last thing you want to do is spend extra time putting together a lunch to bring with you. But preparing your meals at home rather than ordering or going out to eat can save you big in the long run. Even fast food restaurants like McDonald’s can cost around $15 or more for a meal.

Eating Lunch Out at Work

While gambling may seem fun and like you’re destined to get a considerable payout one day, that’s not how it works. When you enter a casino, the odds are set against you. When you play slot machines, your chances of taking home a hefty prize range from one in 5,000 to one in 34 million.

Gambling

Think critically before signing up for any subscriptions, and ask yourself if it’s worth the cost. It’s also a good idea to keep a list of all your subscriptions so you can examine it occasionally and unsubscribe to things you no longer use.

Signing Up for Subscriptions You Don’t Use

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10 Money Habits All Millionaires Practice

10 Bad Financial Habits – And How to Break Them