A person’s lifestyle will make a huge difference in how much they can afford, and what kind of budget they will need to have in order to make ends meet. Even if you live in a low income area, you might be surprised at some of the hidden expenses that you incur just by indulging in your habits.
Who doesn’t like to take a break from cooking once in a while? While it’s great to experience amazing food made at the hands of a talented chef, eating out regularly can quickly put a dent in almost anyone’s budget. With most chain restaurants having menus that run an individual diner upwards of $15, eating out regularly is a highly addictive, and also highly expensive habit to have.
This should not be a surprise to anyone. When you smoke, you can spend hundreds or even thousands of dollars on cigarettes a year. This doesn’t even factor in health insurance premiums or medical bills you may incur due to the effects of smoking on your health. If you want to save money, drop the cigarette!
You know how there’s the old jokes about guys who have Magic: The Gathering cards and live in their mom’s basement? Despite many “gamer geeks” being gainfully employed, the truth of the matter is that many of them are totally addicted to gaming. Gaming, contrary to popular belief, can be very expensive as a habit. If you factor in gaming forms such as gambling and freemium games, the price of this as a regular habit skyrockets.
Soda, Energy Drinks and Specialty Coffees
That morning trip to Starbucks adds up over the days! Spend $5 to $10 on sodas, energy drinks, and coffee per day that can be as much as $3650 per year spent.
Once in a while, it’s a good idea to curb your more expensive habits and find some new ways to have fun and enjoy life.