Instead of cutting back on the things you love, what if you could find and plug the money leaks that you might not realize are sapping your budget?

By Kate Rockwood
December 28, 2018
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Saving money does not come easily for many of us—it’s a skill that can take years to accomplish… but it doesn’t have to. In fact, just a few slight changes can fix major money woes (and help you build a bigger bank account) without sacrificing the things you love—like your morning coffee runs.

You might not even realize half the things that are sneakily draining your money supply. When’s the last time you actually watched cable on your TV? Time to cancel that cost. Are you still paying for a gym membership even though you haven’t been in weeks? It’s easy to get stuck in a rut paying for various subscriptions you no longer use, but taking a few minutes to end your subscriptions can save you big bucks—usually all it takes is the click of a button or a quick call.

Another money-mishap that’s avoidable is making late payments. It’s easy to forget about a bill or two, but the repercussion of having to pay more than the original amount is an undesirable burden. The quick fix for this is setting up automatic payments—that way everything will be repeatedly paid for on time. This method can help you save over $100 annually (seriously!).

Paying with credit and debit cards is super convenient, but you’re ultimately more likely to spend more on impulse purchases when you use your card instead of cash. Keep a stash of cash with you for nights out so you don’t overspend—your bank account will thank you.

Read on for more tips on how to fix those money leaks that are sapping your budget.

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