Life is expensive, but some costs are preventative. We’ve compiled and calculated 5 habits you could start today that will make you thousands of dollars wealthier with time.
- Wear that sun hat
Tan skin may look fabulous now, but exposure to the sun’s rays is the main cause of aged skin, including sunspots and wrinkles. If sun hats aren’t your thing, then consider limiting your time in the sun during the day. UV rays are strongest, and most harmful, between the hours of 10 am and 3 pm in the summertime when the rays have the shortest distance to travel to Earth’s surface. Even cloudy days don’t protect you from most UV damage, so wearing a light sunscreen daily will help. Because wrinkle treatment is cosmetic, anti-wrinkle treatment costs are usually out of pocket.
Anti-wrinkle treatment costs:
Botox: max $20 per unit for absolute max 30 units per area= $600
Chemical peel costs average: $764
Not to mention the costs of treating skin cancer that can range from $500-the thousands
- Munch n’ Move
We’ve heard it all before: a low fat, low sugar, high fiber, high protein diet is good for your body business. But consider the savings that these feel-good habits can bring you:
Diabetes-related treatment costs per year: $7,900
Other diet-related diseases treatment costs: People who were obese had medical costs that were $1,429 higher than the cost for people of normal body weight. Obesity also has been linked with reduced worker productivity and chronic absence from work.
Though it is often claimed that healthy foods cost more than unhealthy foods, when measured on the basis of edible weight or average portion size, a comprehensive USDA study found that fruits and vegetables are less expensive than most unhealthy foods (those high in saturated fats, sugar, dairy).
“Exercise is the single best thing you can do for yourself,” says Dr. Robert Lustig, endocrinologist and obesity specialist in an NPR interview.
Gym membership costs
To offset the daunting costs of gym memberships, discounts are accessible through your employer or insurance company. Ask your HR representative about available gym membership reimbursements. Alternatively, many health insurance providers offer discounts to their members for joining certain gyms. Wholesale retailers like Costco can also offer reasonably-priced deals on two-year commitments ranging from $15-$25 based on amenity choices.
- Slow down
Driving the speed limit, taking the extra minute to check street signs to make sure you’re not parked where a street cleaner’s about to sweep by, or in a permit zone could save you hundreds of dollars. According to the National Motorists Association, Americans can pay between $7.5 to 15 billion per year in traffic tickets and violations.
Drivers with three traffic violations paid an average of 53% more for auto insurance than those with zero violations, according to an insurance.com study. An easy way to avoid paying these hefty numbers is always giving yourself five minutes more than you need to get ready or get somewhere. Saving $480 on a red light violation for 5 minutes is better than any discount or deal anyone can offer. Also, every time that you drive and don’t get a traffic ticket should be considered consumer surplus: an unexpected bonus, so start seeing driving safely as a way to make money.
- Read the fine print
Know what you’re getting yourself into in your next purchase. How long are you locked into that contract for? What is the penalty for cancelling early? Examples of fine print to pay special attention to: phone plans, special limited time offers, for example a Spotify 30 day free trial requires your credit card information because unless you cancel the trial before the 30 days are up, they will start charging you the monthly fee for continuation of the service. This means setting a reminder for when to cancel the free trial is a good idea, 29 days from when you sign up. Amazon has a similar policy for Amazon Prime trials, so be sure to cancel to avoid getting charged. Luckily, even if you forget to cancel your Amazon Prime membership, as long as you didn’t make any purchases on your prime account since the trial expired, they will refund you the cost of the prime membership, unused.
$100s per month
- Keep your receipts
Here are some companies that offer surprising lifetime warranties and return policies on their products; if you’re displeased whenever, return it whenever:
- Jansport backpacks
- Costco purchases
- Tweezerman tweezers,
- Trader Joe’s
- Redhead Socks
How it all adds up?
Written by Katarina at SaveUp.com.
Photo by: Flickr