1). Daily Coffee

Let’s start with your daily cup of joe purchase. According to USA Today, the average daily cup of coffee will end up costing you roughly $63 a month when you purchase it from your local coffee shop. A cheaper solution? Try brewing a cup at home instead.

This adds up to about $1,596 a year.

 

 

 

 

 

 

2). Going Out to Lunch

Bringing a lunch to work versus eating out is another way to cut expenses. The average meal out costs $10 per person, according to Visa data. Visa also figured the average American spends about $18 a week on lunch when eating out.

This adds up to about $2,746 a year.

 

 

 

3). Cigarettes

You already know the dangers of smoking, but this harmful habit is also a pricey one. The average smoker goes through 14.2 cigarettes a day, according to the Centers for Disease Control and Prevention (CDC).

This adds up to about $1,596 a year.

 

 

 

 

4). Your (unused) Gym Membership

Recently, the New York Times stated that nearly 85% of Americans stop going to the gym regularly after the first 90 days of signing up. With average gym membership prices falling around $50 a month, the majority of members end up wasting a good amount of money.

This adds up to about $600 a year.

 

 

5). Wasted Food

Have you ever thought about how much food your family throws away? According to the National Resources Defense Council (NRDC), the average American household throws out around $185 worth of food a month. More organized meal planning, food storage and eating leftovers are all ways to minimize food thrown away.

This adds up to about $1500 a year.