Top 10 Money Wasters

If you find yourself in a financial pinch more often than not, you might want to take a step back and figure out where your money is going. Payday loans are a great short-term solution to cash flow problems, but you'll want to supplement them with some permanent changes in your spending habits. We've compiled a list of the biggest money wasters so you can avoid them.

1. Eating out - It's no secret that restaurants (even the fast-food kind) overcharge you for the convenience of food on the go. Even if you eat out just one $9 meal per weekday, you are wasting over $2,000 per year! Wouldn't it be nice to have an extra $2,000 in annual income? Think about bringing food from home.
2. Morning lattes. That latte or cappuccino you have every morning could be doing you in financially. It might not seem like a lot, maybe as little as $2 per day, but it adds up. If you're drinking the cheap stuff five days per week, then you're shelling out about $500 per year just in java! If you're drinking pricey Starbucks, your numbers are probably closer to the thousands. Brew your own or go without.
3. Booze. Drinks are not cheap, and the cost is usually augmented by the tip. If you have two beers per day after work (at $5 per beer, including tip), you will spend over $3,500 per year! If you're drinking mixed drinks, you can double that figure. Is it worth it?
4. Cigarettes. If you smoke, then you're paying an average of $4.54 per pack. If you smoke a pack a day, you spend just under $2,000 per year. Even pack-per-week smokers will spend about $230 per year.
5. Bottled water from gas stations/convenience stores. The price of bottled water at these places is ridiculously inflated, and a bottle per day will cost you about $350 per year.
6. Vending machines. If you hit the vending machine every day for a pop or a snack at work, you'll spend close to $300 per year and consume a lot of empty calories in the process!
7. Dormant memberships. The gym membership that you pay for every month but don't use is costing you. Cancel it.
8. Car washes. Having your car detailed or washed is pricey.detailing your car every two months will cost $350/year. Do it yourself to save money.
9. Credit card interest. Making minimum payments and wracking up interest will cost you thousands in the long-run.
10. Manicures. A weekly manicure, assuming it costs about $20, will cost you around a $1,000 per year.

If you have any time wasters that you know of that you think should be listed, please contact us so we can put it up.