--- title: 3 Ways You Are Wasting Money Without Realizing It description: Stop asking yourself if you could be saving more money each month. The answer is yes. If you’d like to stop any wasteful spending and… published: '2021-01-18T21:22:18.000Z' modified: '2022-05-23T18:21:45.000Z' section: Personal Finance tags: - Adsbymoney - Guides word_count: 343 canonical: https://money.com/3-ways-you-are-wasting-money-without-realizing-it/ type: Article source: structured-blocks --- > **Disclosure:** This article was made possible through advertising relationships with one or more of the advertisers listed on this page whose products and services we think our readers will find valuable. This article was written by our Ads team and doesn't necessarily reflect the views of Money's editorial team. [Learn more](https://money.com/page/disclaimer/) about how we make money. ![3 Ways You Are Wasting Money Without Realizing It](https://img.money.com/2021/12/3-Ways-You-Are-Wasting-Money-Without-Realizing-It.jpg) Stop asking yourself if you could be saving more money each month. The answer is yes. If you’d like to stop any wasteful spending and improve your overall financial health, we’re shining a light on potential leaks in your budget that must be plugged in today. Let’s dive in! ## **1\. Not** Protecting your home to avoid costly repair bills If you have a 6 to 10-year-old (working) appliances — now is a great time to consider buying a home warranty. Home warranties pay to repair big-ticket appliances like HVAC systems, refrigerators, washer/dryers, etc. Unfortunately, most policies won’t cover claims on appliances that are already broken. How much does it cost? We recommend getting a quote from [American Home Shield](https://money.com/pr/o6d30fde2b8b?ap_referrer=https%253A%252F%252Fmoney.com%252F3-ways-you-are-wasting-money-without-realizing-it%252F). They’re already trusted by over 2 million Americans! To get started, enter your zip code and email address by [clicking here](https://money.com/pr/o6d30fde2b8b?ap_referrer=https%253A%252F%252Fmoney.com%252F3-ways-you-are-wasting-money-without-realizing-it%252F). ## Find the #1 Home Warranty in Your State. ### From your refrigerator to your AC System, home warranties can help you keep everything covered. Click your state to start protecting your home and appliances today! [Get Quote](https://money.com/pr/x5dad3a4c7a0?ap_referrer=%2F3-ways-you-are-wasting-money-without-realizing-it%2F) ## **2\. Not R****efinancing your mortgage before interest rates increase** This year was one of the best to refinance your home and save money in the long run. If you have not refinanced yet, you are most likely overpaying your mortgage lender. There is no reason to the take the risk of interest rates increasing in 2022, especially with the inflation trends going on. Want to see the latest mortgage rates? [**Amerisave**](https://money.com/pr/e47b466cccf3?ap_referrer=https%253A%252F%252Fmoney.com%252F3-ways-you-are-wasting-money-without-realizing-it%252F) can help you get pre-qualified in just minutes. How to get started: Visit Amerisave and click ["refinance."](https://money.com/pr/e47b466cccf3?ap_referrer=https%253A%252F%252Fmoney.com%252F3-ways-you-are-wasting-money-without-realizing-it%252F) ## Looking for ways to save money right now? ### Work with a licensed Rocket Mortgage (NMLS #3030) representative in your state today to refinance your mortgage. [View Rates](https://money.com/pr/jcab56df2e9a?ap_referrer=%2F3-ways-you-are-wasting-money-without-realizing-it%2F) ## **3\.** **Sticking with an old car insurance policy instead of re-shopping** Your current car insurance company has probably increased your rates over the past few years. Most retired folks are driving less and are experienced drivers, couple this up with no recent accident - which means you are most likely eligible for cheaper coverage. Typically, re-shopping and switching providers can save you hundreds on your premium. Re-shopping doesn’t cost anything, so what do you have to lose? [Progressive](https://money.com/pr/d3a694fb6037?ap_referrer=https%253A%252F%252Fmoney.com%252F3-ways-you-are-wasting-money-without-realizing-it%252F) offers some of the widest-ranging discounts like bundling, multi-vehicle, and teen driver. [Click here](https://money.com/pr/d3a694fb6037?ap_referrer=https%253A%252F%252Fmoney.com%252F3-ways-you-are-wasting-money-without-realizing-it%252F) and enter your zip code, age range, and answer whether you currently own a home and have insurance to get a quick quote. ## Protect yourself and your car with Auto Insurance [Get a Free Quote](https://money.com/pr/hcdfd6986e86?ap_referrer=%2F3-ways-you-are-wasting-money-without-realizing-it%2F&url=%2Fcar-insurance%2Flp%2Fcar-insurance-match-tool-pub-t1) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/3-ways-you-are-wasting-money-without-realizing-it/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Personal Finance", "item": "https://money.com/personal-finance/" }, { "@type": "ListItem", "position": 3, "name": "Money Management", "item": "https://money.com/money-management/" }, { "@type": "ListItem", "position": 4, "name": "3 Ways You Are Wasting Money Without Realizing It" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/3-ways-you-are-wasting-money-without-realizing-it/#webpage", "url": "https://money.com/3-ways-you-are-wasting-money-without-realizing-it/", "name": "3 Ways You Are Wasting Money Without Realizing It", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2021-01-18T21:22:18.000Z", "mainEntity": { "@id": "https://money.com/3-ways-you-are-wasting-money-without-realizing-it/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/3-ways-you-are-wasting-money-without-realizing-it/#breadcrumb" }, "dateModified": "2022-05-23T18:21:45.000Z" }, { "@type": "Article", "headline": "3 Ways You Are Wasting Money Without Realizing It", "articleSection": "Personal Finance", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2021/12/3-Ways-You-Are-Wasting-Money-Without-Realizing-It.jpg", "width": 2880, "height": 1920 } ], "author": { "@type": "Organization", "name": "Money", "url": "https://money.com/", "@id": "https://money.com/#organization" }, "publisher": "https://money.com/#organization", "datePublished": "2021-01-18T21:22:18.000Z", "description": "Stop asking yourself if you could be saving more money each month. 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