I really like saving money. It’s my natural tendency after so many years of practice – and I have to try to hard to “splurge.”
I think my ability to save is a valuable asset, so I’ve put together a list of things that I DO NOT spend money on.
Car Payments: I’ve never made a car payment and I vowed to only purchase a car if I can pay fully in cash. A car is a pitiful excuse for an investment. the value just goes down, down, down. I’ll let you eat the depreciation then buy it for pennies on the dollar in 6 years.
DVDs – I borrow from a friend or use a free redbox rental.
Music – Why pay when free sources such as Spotify, a friend’s music, Pandora, etc. are available?
Trash Bags – I always use plastic ones saved from the grocery store.
Full price movie tickets – Instead, I occasionally go with the wife if it’s half off.
Snacks at the movie theater – Bring your own.
Hair Cuts – My brothers used to cut my hair when I was a child, and I have cut my own for the last few years.
Gym Memberships – Tons of home workout programs can be found for free online. More than that, most people won’t use a workout system more than a week. Ever heard of an evening jog, 100 jumping jacks, and 20 pushups?
Cigarettes – Pay to shave years off my life? No thanks.