10 Ways Americans Waste Money Without Noticing - Lifestyle UG 10 Ways Americans Waste Money Without Noticing - Lifestyle UG

10 Ways Americans Waste Money Without Noticing

It's easy to spend too much. Even the most thrifty person can end up buying groceries on credit that don't get eaten, or forgetting to return a shirt that doesn't fit on time.

A recent survey by the U.S. Bureau of Labor Statistics found that women and girls spend an average of $545 each year on clothing. About $326 is what men and boys spend.

Fashion

We need insurance to keep our money in good shape. Whether it's auto, home, or life insurance, a good policy may be the only thing that keeps you from going broke. 

Insurance

It's easy to think we need more food than we do. Feeding America says that Americans waste about $408 billion worth of food, which is about 40% of all the food in the U.S.

Groceries

It's easy to say we'll go to the gym or can't live without every streaming channel. Check your memberships and subscriptions for money-saving opportunities.

Memberships and subscriptions

As the recent rush to buy homes shows, some people are willing to spend more than their budgeted amount to get into a home. 

Homes

The typical American spends $223.04 on the lottery each year. But The Huffington Post says that a person's chance of winning the lottery with a single ticket is one in 175 million.

Lottery Tickets

Online shoppers waste $152 annually on unneeded items. Men are worse than women. Men waste $185 a year while women waste $124.

Not Returning Items

The US sends 165 billion packages annually. Unknown how much the average American spends. Spending an extra $10 per month adds up to $120 per year.

Expedited Shipping

People like gift cards because they're versatile. Bankrate.com says 51% of U.S. adults have unused gift cards, leaving $116 on the table annually.

Unused Gift Cards

A manicure at a nail salon in the U.S. costs an average of $19.50. A pedicure costs $32.25 on average.

Manicures And Pedicures