Needless Spending: How to save on perks you don’t need

Saving money, for most people, is about giving up what they want and need, but more so things that you’d consider perks.
A perk, quite frankly, when it comes to money is something you’re spending on but you really don’t need. A lot of that opinion is in the eye of the beholder, the one who is making that decision more so than an outsider.
For instance, if you have more than one job, and that second job interferes with your ability to do yard work, then maybe giving someone $30 or $50 per week makes more sense rather than skipping an eight hour day of work that pays you $80 to $100 for the day.
Mostly, however, a perk is pretty easy to spot and being able to cut it means that you’re serious about saving money and that you show you can live without a want and focus on just the needs until you have money saved or can start to piece together that elusive savings account that the majority of people don’t have.
Aside from the aforementioned yard work that could easily be cut (if it makes sense financially), you might also want to cut out things like a coffee every day, lunch out at a restaurant or fast food place or even that bottled water you’re buying, when a $5 plastic water bottle and free fillips at the tap are going to save you hundreds.
The biggest missteps is paying for cable in general or other antiquated items such as newspaper subscriptions or landlines. Cable companies love to package together cable, phone and internet and give you a nice bundled price that last for six months to a year, and then the price hits the $200 mark rather quickly. Cutting cable down to just internet, while you add streaming services for $10 per pop will have you paying 50 percent less for “cable.”
No one reads newspapers or magazines, yet you’ll still spend a decent amount of money on those subscriptions as well.
One of the bigger perpetrators is the neighborhood, friendly gym or the high end corporate training facility chain club. Either way, if you’re not going, you should cancel that fee immediately or why not take advantage of free classes, or just walking outdoors. The $35 or $40 per month gym fee not being used means you’ll be saving nearly $500 per year, when the stroll outside or a resident Zumba class for a few dollars might be just enough to suffice you exercise needs.
As much as perks can be viewed as items you can’t live without, you need to see it more about adjusting and keeping what you want, only minus the price tag.

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