The US spends $1.1 trillion on vacations every year. The main spending categories include food, lodging, transportation, and retail. You can decrease your travel expenses by reducing your food waste at restaurants, booking Airbnbs instead of hotels, and using public transportation instead of renting a car.
US consumers love to spend money for holidays. The average person spends $162 for Valentine’s Day, $151 for Easter, and $1,048 for winter holidays. These expenses can be greatly reduced by decreasing food waste, reusing wrapping paper and gift bags, and gifting loved ones with homemade presents.
Airfare accounts for 25% of the average person’s annual travel expenses. In addition to ticket fees, the average traveler spends $140 on food and other goods while waiting at the airport. Intercity travel expenses can be reduced by taking the train or bus and by using smart packing strategies for luggage.
Every year, the average driver spends almost $9,000 on their car and up to 23 days driving their car. These time and financial costs can be reduced by living closer to work and the places you frequent. By using public transportation instead of driving a car, the average household can save $10,000 per year.
The average US driver spends almost $8,900 per year on car expenses. This includes car payments, gas, insurance, taxes, registration, parking, tickets, maintenance, and repair. Many of these expenses can be reduced with safer driving techniques, carpooling, and owning fewer and smaller vehicles!
The US throws away over 300 million pounds of food EVERY DAY. Not only do we pay for that food in the first place, but we also have to pay for trash services to throw it away. We can reduce our trash service costs by reducing food waste and the use of single-use packaging, and by recycling and composting.
The cheapest and healthiest beverage is tap water. Bottled water can cost 800 times more than tap water, and other beverage choices like sugary drinks and alcohol can result in expensive healthcare costs. Using a tap filter and flavoring tap water with fresh fruit can make tap water more enjoyable!
A typical garden can save about $10 per square foot of garden on annual costs for fruit and vegetables! That means a 64-square-foot garden can put $640 in your pocket per year! Crop rotation and rain barrels provide even further savings by avoiding the need to pay for fertilizers, pesticides, and water.
What you eat affects how much money you spend on food AND how much money you spend on healthcare. In the US, red meat consumption accounts for $20 billion in healthcare costs. Reducing your red meat consumption can improve your health and save you up to $750 per year in food costs!
The average US adult spends $1,300 per year on food that they ultimately throw away! That means 30-40% of all food expenses just go straight to the landfill. Strategies for smart shopping and storage can reduce this wasted cost at grocery stores and restaurants. And be sure to eat your leftovers!