How Not to Spend Your Money Like a Jerk

As Lee Scratch Perry would say, “Money Come and Money Go.” But that doesn’t mean you should throw your hard-earned cash around like confetti without a care about how it affects you financially. Sure, you might have enough in assets to fill briefcases full of hundred-dollar bills, but that doesn’t mean you have to be a jerk about showcasing it. With that said, here’s how to start saving like a mature adult. 

Stop Boozing and Losing

Believe it or not (OK, it’s not really that unbelievable), men spend twice as much money on alcohol as women do. Whether it’s hanging out at the sports bar watching your favorite team or buying drinks for everyone at the club because you’re tipsy enough to believe you’re a millionaire, alcohol burns holes in your pockets about as fast as it does your throat when you’re downing those tequila shots. If you’re not ready to get on the wagon, consider cutting the costs of drinking by doing it at home. You act like a jerk when you’re drunk in public, anyway.

Have an Education Plan

For most students, college is a huge investment. Many Americans will probably be stuck paying off student loans well after graduating. A big part of the costs of college can be not having a solid plan. Both students and parents feel the financial burdens that come with most 4 year institutions. That’s why it’s important to have a plan for college. Part of that plan is considering all of your options. Online classes are one of them. For those going back to school for a nursing degree or criminal justice, there are many affordable online options that give students the flexibility they need to take classes while working.  It’s also important to have a plan when it comes to paying off student loans. Loan interest has a nasty habit of adding up over the years if you’re not careful.

Stop Keeping Up With the Joneses

Your neighbor gets a brand new car, so you do, too. Your neighbor has a 60-inch flat screen HDTV, so you buy a bigger one. Your neighbor has the latest smartphone on the market, so you buy the same one. Are you starting to see the trend here? Not only are you living your life trying to impress your neighbor, but you’re spending needless amounts of money you could be investing or saving instead. If you really find yourself unable to control the urge to outshine your neighbor, check out this guide that describes how you can stop keeping up with the Joneses.

Stop Looking for Love Online

Sure, it’s worked for plenty of people, but searching for the love of your life on a computer can turn into quite the expense. Online dating services like eHarmony, Match, and ChristianMingle charge monthly or annual fees to browse through the portal of potential partners. That said, don’t just go cheap and use Craigslist to find love just because it’s free. That can result in even more trouble beyond your bank account. Instead, try dating the old fashioned way by talking to women or men at the grocery store, at your church, or at the local gym. Just don’t be a jerk!

Stop Making Stupid Investments

Benjamin Franklin once said, “An investment in knowledge pays the best interest.” Today’s translation: stop throwing your money into the market without knowing what you’re getting yourself into. If you want to stop making stupid investments and start making smart ones, consider putting your money toward high-quality growth stocks, bonds, and bank-loan funds. You’ll want to stay away from long-term treasury bonds, overvalued stocks, and commodities. Also make sure you watch your money closely by using a reliable app like MarketMinder.

Stop Driving a Gas-Guzzling Truck

Men love their cars and trucks, but there’s no need to drive one that sucks as much money out of your bank account as it does oil out of the environment (before it’s refined, of course). The Nissan Frontier 4WD and Toyota Tacoma 4WD are some of the worst culprits on the road, both having a combined fuel economy of 17 MPG. But don’t worry Nissan and Toyota fans, you’re not as bad as the single bros who enjoy riding in a spacious Hummer H3 that guzzles a combined 16 MPG. Quit being a jerk and get yourself a hybrid; they’re available in all makes and models.

Stop Visiting the Drive-Thru More Than Your Fridge

Fast food restaurants serve about 50 million Americans daily, with 44 percent of the country eating at one at least once per week. If you want to quit being a jerk and treat your body with some respect, start going grocery shopping and cooking meals instead of settling on a nightly dose of burgers and fries. Considering fast food restaurants take in an annual revenue of about $110 billion, you’re sure to save a buck or two by ditching the so-called greasy goodness and filling your fridge with healthy alternatives.

Quit being a jerk and spending your money on unnecessary items. Your mind, body, and someone in your life will thank you. 

Save More Money in 2018

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