Plugging Spending Leaks

Spending small amounts of money can add up to big bucks over time. Use the chart below to see where money might be "leaking" out of your purse or wallet. Some of the items may not apply to you now, or you may not have much control over them at this point in your life.

Still, no matter what your personal circumstances, it's likely that some amount of money is wasted. That waste could go toward helping you meet your goals.

Add to this list any small—but frequent—purchases you make and see how much those purchases cost you over a year.

Spending Leaks

Item
Cost of item
Cost per month
Cost per year
Cigarettes





Add-on phone services,
such as call waiting or caller ID






Alcohol





Cable TV





Check-cashing
stores






Drinks out
with friends






Eating out





Long-distance
phone calls






Tickets





Magazines





Snacks/convenience
store purchases






Soda





Vending machine
snacks






CDs, ringtones, application downloads





Other





Other





Other





Other