People have the best intentions when it comes to saving money. Intentions alone won’t cut it, though. You have to make actual changes to get different results. This can seem like a daunting prospect. However, simple changes can make a significant difference. We have a few money saving habits you might want to get into.
Save Your Change
It is exceedingly rare that a purchase is going to be a round dollar figure like $10.00 even. More likely, that battery purchase is going to be $5.67 or $9.03. You may not pay attention to that 33 or 97 cents but when you consider all the purchases you make, it can really add up. It’s an easy way to save, potentially without even thinking about it. In fact, there are apps you can use that will do it for you. Those apps take a cut, though; so if you can find a way to do it yourself, it is all the better.
Lower Your Brightness
First of all, with all the screens we use every day, having the brightness blazing like the sun is horrible for your eyes. As it turns out, it’s also not great for your wallet either. More brightness requires more power, as much as 40% more actually. Moreover, it causes the battery to die out faster. Laptop batteries can get pretty expensive. If you have trouble seeing, by all means, keep the brightness where you need it. But if you don’t, it’s a simple change you likely won’t even notice after a while.
Carry Bigger Bills
This one is pure psychology. People are less likely to break bigger bills than they are smaller ones. Breaking a $50 feels to buy something that costs $10 feels like a bigger loss than breaking a $20 to pay for something that costs $15. It’s weird, but it’s true. If you want to take things a step further, leave your credit or debit card at home too. Parting with cash feels like a bigger loss than swiping a card. If you want to make fewer spontaneous purchases, these tips can really help.
Monitor Your Purchases
In the moment, that Grande triple chocolate mocha seems like no big deal. However, when you see all your purchases laid out in front of you and notice that buying it every day is costing you hundreds of dollars a month, logic will make it easier for you to potentially cut it out of your routine. There are apps that will do this for you, however, most banks have similar statements and you don’t have to worry about a third party monitoring your purchases.
Automated Air Conditioning
New air conditioning devices monitor your preferences and automatically adjust your settings for your optimal comfort. Moreover, they give you remote access so you can turn it off or turn it on before you get home, or make changes if you’re away for extended periods. This isn’t just a matter of comfort, AC requires power…a lot of power. Systems like NEST cut down on your energy consumption and give a break on your electric bill.
It may not seem like a big deal, but staying in shape tends to cut down on health problems. Fewer health problems, fewer doctor visits, fewer medications, fewer dollars spent. Not only that, but when people start to lead healthier lifestyles, they tend to cut out other unhealthy habits like fast food and alcohol. Both of those things tend to eat up disposable income that could be better used elsewhere or saved.
Granted, these changes probably aren’t going to make you rich. All the same, positive habits tend to lead to more positive habits. Plus, there’s nothing wrong with having more money, even if it’s just a little.