Why Am I Poor? Top 35 Tips To Stop Being Broke and Start Saving Money
If you want to stop being poor, start by reviewing your grocery shopping habits. If you’ve ever gone to the store hungry or forgotten your shopping list, you might have walked out with an astronomical bill. Here are a few ways to live cheap and cut costly grocery trips.
4. Get Free Money Every Time You Grocery Shop
If you enjoy earning free money, Ibotta pays you $5 every time you go grocery shopping.
Ibotta is a free mobile app (iOS and Android) that gives you cash back on your in-store and mobile purchases. You can get rebates on the items you already buy such as milk, eggs, and more.
Just snap a photo of your receipt and your Ibotta account automatically updates with a cash back reward. You can redeem your free money in the form of a free Amazon gift card, Visa gift card, your favorite restaurant’s gift card, or PayPal cash.
Who doesn’t like free money?
Related: Want to read more about Ibotta? Check out our updated Ibotta app review!
5. Stop Buying Water Bottles
Did you know the average American spends $100 a year on bottled water? [source] Why spend money on bottled water when you have plenty of water at your fingertips?
If you buy a pack of water every grocery visit, you could save hundreds of dollars just by switching to a filtered water. Additionally, if you indulge in juice or other sugary beverages, you’re not only wasting your money, you’re wasting precious calories.
Do your health and your pocketbook a favor and switch to filter water only.
6. Swap an Adult Beverage for a Healthy Alternative
If you enjoy an adult beverage from time to time and are still asking “why am I broke”—alcohol could be the culprit.
According to the Bureau of Labor Statistics, U.S. Department of Labor, the average American spends 1% of their annual income on alcoholic beverages. If the average American makes about $46,800, they are spending $468 a year on alcohol.
So, instead of indulging in a fancy glass of wine at dinner, try sticking to a non-alcoholic alternative like filtered water.
Habit #3: Cut Recurring Charges You Forgot About
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