There are some expenses you plan for every month — your rent or mortgage, utilities, your cellphone bill, etc. — but there are also a lot of hidden expenses you’re paying for regularly that you might not be aware of. These little costs could quickly add up, whittling away at your hard-earned paycheck.
Uncover the hidden ways you’re losing money every month, so you can start making moves to stop the bleeding.
Last updated: Sept. 9, 2020
Not Tracking Your Spending
You should be able to account for every dollar you spend. Keep track of your spending with a budgeting app, spreadsheet or even a notebook. Simply recording what you’re spending money on will make it easier to spot any hidden expenses.
Shopping for Seasonal or Holiday Items In-Season
Many stores put their displays of seasonal goods up front where they’re hard to resist — but don’t fall into this