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Think small indulgences wont impact your retirementbudget?
Pro tip: Before cutting any expense, track how much joy it brings versus its actual cost.
Sometimes what seems like a luxury is actually an important part of your quality of life.
Other times, youre splurging on things that dont bring you much joy.
Five days a week adds up to $120 monthly, or $1,440 yearly.
Consider investing in a good home coffee maker instead.
Youll get your caffeine fix while keeping more money in your pocket.
Pick your top two favorites or rotate subscriptions seasonally to save money.
Consider basic cable or even cutting the cord entirely.
The study used the example of a simple $9.85 Chick-fil-A order.
Consider picking up food in person or eating in.
Its likely better to shop strategically during sales instead.
Impulse Amazon Prime Purchases
The convenience of next-day delivery can lead to mindless buying.
Those small $20 to $30 purchases can add up quickly when youre not commuting to stores.
Consider removing your saved payment information to create a pause before purchasing.
Switching to generic for just a few items could save hundreds annually.
Also consider the fact that some Medicare plans offer free fitness programs.
Getting a regular manicure every two weeks could cost retirees significantly.
Consider learning to do your own basic nail care and saving salon visits for special occasions.
According toForbes, landline phones cost between $10 and $60 per month in most cases.
Consider whether you really need both and cut the one you use less often.
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