Kick the Habits that Cost You Money

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We all have bad habits. The thing is, some of these bad habits are costing us money. And with this economy, who can afford that? If you are able to kick these habits, or at least some of them, you will be able to save money both now and for the future.


Drinking is a bad habit that costs you money. Drinking and driving can cost you that and a whole lot more. Nobody is saying you need to be a teetotaler, but at least don’t make a habit of drinking and driving. Not only is it dangerous, it will cost you when it comes to your insurance premiums. SR22 insurance is not cheap and if you get a DUI, you may be forced to get an SR22 plan.

If you shop around for insurance, you will be able to find a policy that fits well within your budget. Sites like offer free quotes to see how much you can save. Other things that will save you money include being a safe driver, having completed a driving safety course and various discounts such as for military personnel.


You had to know that this was going to be on the list. Depending on how much you smoke, for some kicking the habit can actually go a long way towards getting you out of debt. Right here, cigarettes now cost upwards of $10 a pack. If you smoke a carton a week, that is $100… weekly, that you are spending on smokes. And that is for the cheap brands. Consider that this adds up to $5,200 a year. How quickly could you get yourself out of debt with that kind of savings annually?

You don’t even really need to quit to save money either. Switching to electronic cigarettes isn’t just a healthier alternative, it will also save you money. An added bonus is that you can vape in places where cigarettes are no longer allowed. This means no more going outside in all kinds of inclement weather to get you nicotine fix. Also, you won’t reek of smoke.


If you are buying only a single $1 scratch ticket a day, you will still be throwing your money away. This is a bad habit that costs some people thousands of dollars each year. See, the odds of winning are extremely low and the payouts are heavily stacked in favor of the lottery. The odds of winning a huge lottery drawing such as the Powerball or Mega Millions are only 1 in hundreds of millions. In other words, you will have a better chance of being hit by lightning than winning the lottery.

What about bigger stakes, though? Think about gaming tables and slot machines here. We probably don’t need to tell you about the odds and how much you can lose before you make a dollar with these things because you probably already know all too well.

Keeping Up with the Joneses

Do you feel like you need to always have the latest and greatest when it comes to, well… anything? How often have you bought something just because one of your family members or friends bought it? Do you do this because you are afraid you will be missing out if you don’t?

This might start off as something small, but it can often end up in purchases that are quite large. Think designer goods, cabins, boats, and even cars here. If you are putting these things on your credit cards, you are more than likely going to need a financial boat just to stay afloat.

Poor Eating Choices

In the U.S., more than 33% of adults are obese. This makes people more prone to health conditions that are weight related. This can include things like stroke and heart disease, diabetes, and more. This means higher costs for health and life insurance, as well as medical expenses, food, and clothing. Then you also need to worry about missing time from work due to illness and the costs can multiply exponentially. Things like eating healthier might seem a bit more expensive at the outset, but in the long run, they can save you quite a bit.

These are just a few of the bad habits that can cost you money. This list is in no way meant to be all inclusive. What other habits can you think of that are costing you? What can you do about them?


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