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TheStreet Open House

5 Everyday Things You Don't Need

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People spend hundreds, if not thousands, of dollars each year on products they don't need. They might seem like small costs, but they can add up.

Simple changes and a little preparation can help people trim the amount they waste on basic necessities. Here are five examples:

5. Bottled beverages

You probably have a favorite drink and it's not tap water. If you drink too much of it, it will take a toll on your budget. You don't have to give up your favorite beverage completely. Just substitute half the amount you usually drink with tap water.

4. Extra food

The average person throws away $600 worth of food each year, according to study by the University of Arizona. To keep more money in your wallet instead of the trash can, evaluate the amount of food you eat and consider how much of it goes bad before you consume it. Create a shopping list with more realistic portions and look for deals at local grocery stores.

3. Diet products

Americans spend a lot of money buying meals, supplements and products that promise to help them lose weight, whether it's through a diet program or an impulse buy. These items are typically more expensive than the versions that don't make the same health claims. Read food labels and consider whether a food or product is worth the cost.

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