Did you know your bad habits could be costing you thousands of dollars per year? Imagine how much you could save if you didn’t eat out as much, quit drinking pop, or limited you shopping. Your savings account would be much better off without bad habits, and so would your health.
Security State Bank wants to bring you the breakdown of what your bad habits cost to show you how much you could be saving.
Breakdown of what your bad habits cost:
Cut back on shopping. Have you added up how much your shopping habits cost you per month? Although it depends on your habits, shopping expenses can add up. Going over your budget by $50 a month means you are spending an extra $600 over the course of the year. Try only bringing $100 with you on your next shopping trip and leave your debit and credit cards at home. This will help reduce the temptations to spend more than you should.
Nix the afternoon cocktail. How often do you go out for drinks after work? Depending on your spending habits, those after work cocktails can add up to over $1,000 per year. Limit yourself to going out only one night per week after work or even less to save more money.
Drop the poor eating habits. It may seem tempting to take your lunch break at your favorite local restaurant or the fast food joint, but think before you eat. Not only is eating out bad for your health, your wallet can suffer too. If a family of four spends $100 per month going out to eat, that’s an additional $1,200 for the year.
Stop drinking pop. Just like poor eating habits, drinking pop excessively can cause health problems including obesity. When you need an afternoon pick me up, a pop from the vending machine may sound good, but resist the urge. The average 16 oz. bottle can cost you $1.50 per pop; drinking one per day for the entire year would set you back $547.50
While many of these habits may not seem like a huge purchase at the time, they really add up over the course of the year. Security State Bank also wants to remind you that Santa is watching, so knock those bad habits this holiday season. We look forward to seeing you soon!