I’m 18. I’m still young, expense free, and generally don’t have many responsibilities. For the last 3 years, I have been practically self sufficient. I have payed for all my fuel, clothes, cameras, gadgets, computers, cell phone, and the else. I have a roof over my head expense free, and a full fridge at all times. That said, over these 3 years I have blown essentially every dollar I have ever earned. I have bought 2 Macbook Pros, 2 Nikons, a Canon, and countless other gadgets. I have been shopping 4 times a week in some cases, and used to drive 500 km a week (locally, in school majority). Long story short, I was good for the economy.
2010 is about simplifying. Consolidating. Buying right, and being smart with my finances, and decisions. To start this I’m making a comparison of some small changes that will result in big savings. Feel free to compare my list to your daily life, and see how much the smallest things cost annually.
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- Tea 250 times a year.
Starbucks Grande Zen Full Leaf Tea - about $1.75ea. (437.00/yr)
Starbucks Zen Full Leaf Tea box - 6.99/24pk (75.00/yr)
$362 savings.
- Eating Out
1.5 times weekly average, and the price of meal is about $6.50 - $507/yr
McDonalds 1.39 menu - $122.46
Over $384.00 in savings.
- Auto
90L/wk @ 1.00/L - $4680.00/yr
Carpool with parents - Free.
savings of $4680.00
Total saved per year: $5426.00*
Wow, now that I put it that way - I could buy a new camera every year, just with these savings. Think about it, these aren’t huge changes.
*All figures are approximate averages of what I think I am using/paying.