personal finance blog, and he's always writing about budgeting and saving money. It got me thinking about things some of us could do to free-up some cash. Here's what I came up with.
5: Pay for things in cash. Studies show you will pay less if you shell out cash. In fact, once McDonald's started accepting credit cards, the average amount that people spent on a meal jumped from $4.50 to $7.00. Imagine shelling out 8 twenties for those designer jeans. You'd be wearing Old Navy in no time.
3: Cut out soda. You don't need to drink soda. I'm a hypocrite, because I love soda, even gross soda, But soda is not good for you, and it's expensive--you aren't buying a 2 liter at the supermarket for $1, you're buying a 16 oz. bottle, maybe twice a day, for at least $1.25 a pop(no pun intended--really. Normal people call it soda. Take that, middle states!). That's $12.50 if you only buy during the work week. The savings is comparable to that from smoking (see above).
2: Stop paying for water. If you live in a decent city, the city water is okay to drink; if you have well water, you probably treat it so its consumable. Get a bottle and fill it up. This is the same savings as from soda... Obviously, if you've been a soda drinker, don't start buying bottled water. You'll be healthier, but still broke.
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