Everyone loves finding new ways to save, and tonight in Consumer News, we've got 12 ways you could be wasting your money!
The first mistake, according to CNN Money: subscribing to both Netflix and Amazon Prime; subscribing to both of the services will cost you $175, but they each offer online streaming for movies and TV shows. Amazon Prime also includes two-day shipping and free e-books. If you order from Amazon, even just occasionally, getting just the $75 "Prime" account is a better deal.
The next way you may be wasting money: leaving stuff crammed into a storage unit. CNN Money says storage units can range from $480 to $1,800 each year. To save some money, you could just rent a dumpster, which only costs $300. Clear out the stuff you don't need, donate what's in good shape for a tax write-off, and unload your valuables through a consignment store; you'll get about half the selling price.
The third way many waste money is forgetting about rewards, points, and miles. According to CNN Money, the average household that's in a loyalty program lets $205 dollars go unused every year. To make sure you don't forget, use a free service like Points.com to compile all your rewards in one place.
Finally, if you have a programmable thermostat, you might pay $180 a year for the service... yet about half of households with a programmable thermostat don't even take advantage of its features. Taking time to set up your device could shave 5% off your heating and cooling bills.
Now -- as you can tell -- that was just four of the 12 ways you could be wasting your money. For the rest of them, click here to see the full article.