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Adjusting your spending habits can be difficult, particularly if many of them were set decades ago.
These adjustments, however, can make a huge difference.
Place each item into a need or want category.
Here are the six best things to stop buyingif you want to save money in retirement.
Entertainment Subscription Services
Most Americans are guilty of having at least one subscription service.
Unfortunately, these small monthly fees can add up each month, particularly when you have multiple subscriptions.
For example, entertainment subscription services can really add up, said Erika Kullberg, founder ofErika.com.
This means retirees may be able to save an average of $77 a month.
Luckily, there is a more cost-effective way to get your entertainment fix.
Most public libraries have DVDs on loan, Kullberg said.
An added benefit of doing some things yourself instead of paying for them is that it keeps you active.
Cutting back on professional services can save a lot of money.
Eating Out
While dining out may be your favorite pastime, it can break the bank.
On average, Americans spend around $300 eating out each month, perRamsey Solutions.
Spending more time cooking at home is healthier and can save retirees hundreds each month.
Small things like buying a cup of coffee outside of the home each day can start to add up.
Your daily coffee habit may cost you around $40 or more each month.
With that flexibility, you should consider traveling when prices are less expensive.
Same places, but at less cost, said Steve Azoury, ChFC, owner ofAzoury Financial.
Doing so could save you quite a bit of money.
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