Money has to be worked for! And you worked very hard for it so that you can meet the demands of your life.

Many times, we are not satisfied with the amount of money we have (which is totally fine) because we want more to go on vacation or purchase a new car.

Or whatever been on your mind lately.

Surprisingly, we still find ways to spend money carelessly whether that be buying lottery tickets or the latest iPhone.

The goal is to budget your money so that you can see what’s going on in your financial life.

But even with a budgeting plan in place, we at times overlooked the small meaningless purchases that could be avoided.

In this post, you’ll find some of the things that you’ll most likely waste money on that’s unnecessary.

Top 5 Ways You Waste Money On Unknowingly

1. Forget to Cancel Free Trials Or Subscriptions

I have fallen into this trap so many times especially with free trials.

The worst thing about this is that you can find out so late that it’s impossible to cancel and get a refund.

What makes free trials so catchy is that the service is marketed as FREE, but at the same time to get access to it, you need to add a payment method. The trick is during that trial if you don’t cancel – you’re doomed.

So something that started out free may end up costing you money.

Should you stop doing free trial? Definitely not!

Make an alarm on your phone or mark your calendar the day before the trial ends. You can then make your decision whether you want to keep or trash it.

For subscriptions, it’s a similar issue. When it comes to subscription though, we may hardly used it, but is too lazy to cancel it. You’ll say next time you’ll cancel that subscription or it’s only $10 month so I’ll keep it.

If you aren’t using the subscription much then get rid of it now and save money.

2. Irresponsible Couponing

As a blogger, who writes about how to save money, you can imagine one of the first things I tell my readers is to use coupons when they can.

But sometimes, this advice can be taken out of proportion. What do I mean?

Not because you see a coupon for something means that you should buy it. If it’s not on the grocery list or budget for the month then leave it.

Couponing was meant to help you save on the essentials, not to overspend or buy unnecessary things because it’s cheap.

3. Use Your Bank ATM

Using your own bank atm will drastically reduce your ATM usage fees per transaction when compared to using machines that are not approved by your bank.

Another way to avoid ATM fees completely is to choose a bank that doesn’t charge.

If you have to use another ATM that’s not part of your bank’s, try not to go there frequently to help you save.

4. Buying Brand Name Food

I can’t tell you the amount of money I saved when I started buying generic brand foods.

Examples of generic brand name groceries would be Walmart’s Great Value, Starter Bros, or Kroger, etc.

Most of the time the quality of both brand names and generic groceries is the same. The difference is that the price is lower. In addition, you can find some organic produce by generic brands.

It all comes down to what you like, but just be open-minded to try something out of the box that could be a lot cheaper.

5. Making Repairs Around Your Home

You can save yourself money by repairing things around your home without calling someone to do it for you.

Some small repairs that you can learn to do around the home are fixing holes in the wall, a wobbly chair, painting, small leaks, or even a clogged toilet. You’ll be surprised by the numbers of tutorials you can find teaching these things to beginners.

At first, it may take you longer to do these simple handyman work but after a while, it becomes easy for you.

6. Impulse Buying

Have you ever tried to stick to a budget and still find yourself making unnecessary purchases because you just can’t resist those shoes?

Once you find yourself doing this too often then it’s something to address immediately.

Else, you’ll mess up your finances really badly.

The two things that I’ll recommend to stop impulse spending or any other unnecessary spending is to plan your splurges or do a no-spending challenge.

Once you gain control over this aspect of your finance then you’ll be able to save money and buy things that are of importance to you.

7. Being Disorganized

Not keeping up to date with your bills and totally forgetting to pay them can lead to late fees. And that ain’t never good.

Do you find yourself consistently paying for late fees? If that’s you, then try setting up automatic payments to ease the burden of remembering to pay your bills.

8. Shopping Without A List

Having a list while shopping, helps you stick to the budget. If it’s not on the list then don’t buy it.

Very simple, right?

No need to be walking down the aisles wondering what to buy. You are basically wasting money and time.

9. Eating Out

You can definitely eat out, but how often? Eating out can be surprisingly expensive. You can cook easy and delicious meals at home. Meal prepping is the way to go especially if you are low on time.


The first step to budgeting is to find every loophole in your finances. Whether that be hidden monthly subscriptions to spending way too much on dining

Once you do that, you’ll see how much money you can save easily.

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