9 Things to Stop Buying to Save Money Fast

Families spend nearly $1,900 a year on clothing, which amounts to $150 a month [source].

Before spending any more money on new clothes, clean out your closet.

Sell clothes you no longer wear at a consignment shop.

Not only will you have money to spend on new clothes, buy your wardrobe will be clean and clear.

Let your wardrobe consist of only the clothes you actually wear. It’s life changing.

Save Money on Clothes When You Shop Online

When the time is right to buy new clothes, reduce your costs with Rakuten.

The service will pay you cash back when you shop at thousands of stores. It also offers coupons of up to 50% off (like it did at Banana Republic + 4% cash back).

9. Stop Paying Bank Fees

Americans, overall, pay more than $11 billion in overdraft and other bank fees.

The average overdraft fee is $35, but there are others, like ATM fees, late fees, foreign transaction fees, and wire transfer fees.

These fees are bogus.

If you are charged an overdraft fee, contact your bank and ask to have it removed.

But what about all those other fees? They are much harder to remove, but not impossible.

Tap into AI to Fight Bank Fees

If you like the idea of reversing bank and credit card fees, but don’t want to deal with the mess of fighting the bank, the Cushion app is worth investigating.

This AI-based service, dubbed the “fee fighter robot,” will analyze linked bank and credit card accounts. It will determine what fees are worth negotiating and fighting for.

Cushion users say the service is easy and helpful.

Sign up for one of Cushion’s plans and let it negotiate and fight with banks and credit card companies on your behalf and return those fees back into your account.

10. Stop the Unplanned and Impulse Purchases

It’s easy to fall into the trap of buying something on sale.

Or it’s by the cash register. You grab it because it’s “cheap.”

But after 100 small purchases, the total isn’t so small anymore.

Be mindful of how you spend your money.

Buy things that will make your life better. Buy things solve a problems.

When the stuff you buy improves your life, those gifts keep on giving.

Save on Groceries with Ibotta

Ibotta earns cash back at the grocery store. And not for unusual items, either. Ibotta wants to give you cash back on the staple grocery items you buy every week.

If you want to save on food costs while cooking at home, you need to be a smarter grocery shopper. Earn cash back on groceries with Ibotta.