There are some essential bills you have to pay every month…food, shelter, transportation.
Where does the rest of it go?
A new study in Yahoo broke down the cost of non-essential things we spend our money on each month:
- Dinners at restaurants = $209 a month
- Drinks with friends or co-workers = $189
- Takeout or delivery = $178
- Going out for lunch instead of packing a lunch = $174
- Impulse purchases = $109
- Ubers and Lyfts for non-essential trips = $96
- Personal care, like massages or manicures = $94
- Subscription boxes = $94
- Cable = $91
- Nextflix, Hulu and other streaming services = $23
- Online shopping for stuff you don’t really need = $84
That totals almost $1500 a month…or close to $18,000 a year.
That the average person…yours may be lower or higher.
Either way…you probably can trim some of these costs, no?