New Year’s Clean Up

New Year’s Clean Up

Now that 2019 has started, it’s a good time to trim the fat from your budget. Not quite sure where to start? Well, we’re here to help. Here are some common products and services that can sometimes be a waste of money. Weed these out and your budget will be ready to take on any surprises that come your way in the next twelve months.

  • Gym memberships and exercise equipment. According to a recent report from the International Health, Racquet & Sportsclub Association, 60 million Americans belong to gyms. That’s great — because exercising is important. What’s not so great, however, is paying for a gym or exercise equipment and not using them. And millions of Americans are doing that, too. Gym fees can range from $10 to $300 per month — that’s $120 to $3600 a year. If you belong to a gym but don’t go, cut the membership and try something else for exercise. Run or walk outside. Hop on your bike. Get and use an app. And if that treadmill has become an expensive clothes hanger, list it for sale online and put the money into savings.
  • Warranties. It might seem like a good idea to buy an extended warranty on a new computer or phone, but typically you don’t end up needing them. Also, many products already come with a warranty, so there’s no reason to add another one. One easy way to decide if a warranty is worth it? If you can afford to replace the item, you don’t need a warranty.
  • Tools. The next time you need to make some kind of repair, think twice before buying tools. Especially if you’ll likely only need the tool for one job. Ask neighbors for the tools. If you need to fix your car, head to AutoZone, as they often have free lender tools for customers. HomeDepot and Lowes also let you rent tools.
  • Dining Out. The Bureau of Labor Statistics says that the average American spends $3,008 per year or about $250 per month eating out. Do yourself and your budget a favor by cutting back. It could be something as simple as swapping one lunch or dinner out per week for one that you craft out of stuff you’ve already got in the fridge. Every little bit will help.
  • Articles
    Here’s How To Curb Your Spending Habits in 2019
    Here’s How To Curb Your Spending Habits in 2019

    Now that the holidays are over, you may be avoiding looking at your bank account — and for good reason. According to the National...

    Read More

    A New Year of Spending Less
    A New Year of Spending Less

    How’s this for a New Year’s resolution: Spend less money. Sounds great, right? Don’t let it be easier said than done. Commit to t...

    Read More

    Financial Gifts You Can Give Your Kids This Holiday Season
    Financial Gifts You Can Give Your Kids This Holiday Season

    The average consumer expects to spend $1000 this year on holiday shopping, up 4.1 percent from last year, according to the Nation...

    Read More

    Moving Up with Mobile Payments
    Moving Up with Mobile Payments

    Are mobile payment apps are the new credit cards? Perhaps. That’s one major takeaway from a study that found payment apps encoura...

    Read More

    Season’s Savings
    Season’s Savings

    ...

    Read More

    Goodbye Gifts
    Goodbye Gifts

    According to a study from the National Retail Federation, the average American adult consumer will spend roughly $1,000 on gifts,...

    Read More

    Bad Habits, Bad Budget
    Bad Habits, Bad Budget

    Tis’ the season to spend too much money. The holidays are upon us, and that means your bank account is likely bracing for the imp...

    Read More

    Yes and No
    Yes and No

    Black Friday and it’s online cousin Cyber Monday are on the horizon. Which shopping holiday you choose to participate in likely d...

    Read More

    Preparing For Black Friday Shopping? Here’s What You Need To Know
    Preparing For Black Friday Shopping? Here’s What You Need To Know

    Thanksgiving is here which means Black Friday — aka the busiest shopping day of the year — is upon us, too. According to a recent...

    Read More

    Website Terms of Service

    Please read these "Website Terms of Service" carefully before using SavvyMoney Checkup ("site", "website"). Accessing this site, or making this site available to any third party, indicates that you have read and accept these terms.

    1. Materials. Materials in this site are copyrighted and all rights are reserved. Text, graphics, databases, HTML code, and other intellectual property are protected by US and International Copyright Laws, and may not be copied, reprinted, published, reengineered, translated, hosted, or otherwise distributed by any means without explicit permission.
    2. Links to Third-Party Sites. Linked, third-party sites from website are not under the control of the Licensor. The Licensor is not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites.
    3. Confidentiality of Codes, Passwords and Information. Licensee agrees to treat as strictly private and confidential any username, password, user ID, and all information to which you have access through password-protected areas of website.
    4. Maintenance. Licensor shall provide Licensee any new, corrected or enhanced version of the site as it becomes available. Such enhancement shall include all modifications to the site which increase the speed, efficiency or ease of use of the site, or add additional capabilities or functionality to the site, but shall not include any substantially new or rewritten version of the site.
    5. Limitation of Liability. Licensor shall not be responsible for, and shall not pay, any amount of incidental, consequential, or other indirect damages, whether based on lost revenue or otherwise, regardless of whether Licensor was advised of the possibility of such losses in advance. In no event shall Licensor's liability exceed the amount of license fees paid by Licensee, regardless of whether Licensee's claim is based on contract, tort, strict liability, product liability or otherwise.