Josefine Bagger Sommerlund
5 simple tips to cut unnecessary expenses and free up more room in your budget.
Small changes in your habits can lead to big savings – it’s all about thinking before you spend.
Impulse Buying – Stick to the Plan
The challenge: Temptations at the grocery store, especially when you’re hungry
The solution:
- Always make a shopping list at home
- Only buy what’s on the list
- Avoid shopping on an empty stomach
Subscriptions You Don’t Use
The challenge: You’re paying for things you don’t actually use
The solution:
- Review your subscriptions every 3 months
- Cancel what you’re not using – including that gym membership
- Be honest: If you haven’t used it in the past month, it’s probably a waste of money
Expensive Loans and High Interest Rates
The challenge: Small loans and credit lines can be costly
The solution:
- Compare loan offers from different banks
- Look into consolidating your loans
- Talk to your bank – it doesn’t cost anything to ask
Food Waste – A Hidden Expense
The challenge: Food ends up in the trash
The solution:
- Plan your meals for the entire week
- Cook in bulk for multiple days
- Use leftovers to create new meals – like wraps or soups
Unnecessary Fees
The challenge: Paying late costs extra
The solution:
- Use automatic payments or direct debit
- Avoid late fees and reminders
- Check if your payment method adds extra charges
Final Tip
Use your common sense – and ask yourself:
Do I really need this?
Small changes in your habits can make a big difference in your finances.
