4 Money Addictions to Break Now
An individual box of Pop Tarts ($3.19) or a carton of Eggo Waffles ($3.69) may not seem like a splurge, but think of it this way: If people are spending 20 percent more on breakfast, that means they’re buying some kind of packaged breakfast food roughly one extra day per week. A family of four can easily go through a 10-piece box of Eggo Waffles in one breakfast, meaning that if they used to buy one box of waffles weekly, but now they’re buying two, they’re spending $7.38 per week on two days of breakfast alone. If they want cereal for the rest of the week, they still have to buy two boxes to have enough for the remaining 5 days of breakfast, spending $14.74 total. By contrast, a family that buys two 18 oz boxes of Cheerios for $3.68 a piece has enough cereal to get through the whole week, plus some extra for snacking, and spends a total of $7.36 for the week. The punch line? The family that buys no waffles saves around $384 per year on breakfast.
How to Stop: If cereal every day doesn’t sound like so much fun, may we suggest these unbelieveably delicious pumpkin waffles? They cost less than the store-bought version and (bonus!) your whole house will smell delicious after you make them. Or, if you’re pressed for time in the mornings, try making these homemade pop tarts, which reheat quickly in the morning.
How to Stop: Get your beauty fix for the entire year with this E.L.F Studio Makeup Clutch Palette. For $15, you get 32 eyeshadows, 6 lip colors, 2 blushes, 1 bronzer, 1 eyebrow powder and face shimmer. It’ll be a long time before you’ll need to go makeup shopping again.
If you’ve been there, you’re not alone. Twenty to 40 percent of Groupon deals never get redeemed.
How to Stop: Take a deep breath. Scroll to the bottom of that daily deals e-mail. And then, hit the Unsubscribe button. If you’re subscribed to a ton of different coupon services and don’t want to deal with getting out of all of them individually, consider using Unroll.me, which will securely remove your e-mail from all the daily deals lists you’re on in two quick steps.
How to Stop: Either switch to tap water, or, if you feel strongly about filtration, try a Hydros bottle, a kind of to-go Brita filter. The bottle costs $28 and comes with a filter, and a 3-pack of extra filters costs $25 (the company assumes that you should go through 4 filters a year with average use). That's $53 for the year, and $262 that you can put into your savings account.
Next: 5 costly shopping habits to break today