For better budgeting, these are the expenses to say goodbye to: 

Of course, the biggest topic of this presidential campaign is the economy. Everyone is worried about the future, especially how much time this awful inflation will be around. The economic plan of Vice President and presidential candidate Kamala Harris includes measures to support social service programs, lower the cost of living for middle- and working-class families, and create new job opportunities, which might lead to economic growth opportunities in communities that are neglected.

Having all these things written on a panel becoming true sounds great. In theory! It will probably take some time before prices begin to level off or decline if Harris wins in November and can carry out her plan. However, if we want to focus on the bright side, let’s see what the expenses are to eliminate if she is elected as the new President of the United States.

Coffee and restaurant trips

You’re probably sick of hearing this, but ordering or eating out too often won’t help your budget. It may seem like little costs, but in the grand scheme of things, they add up in the blink of an eye. According to experts, these are some expenses to eliminate completely or as much as possible if Kamala Harris wins the election. Frequent dining out or costly lattes can quickly deplete monthly budgets, especially considering inflation and rising living costs.

Instead of splurging money, make your coffee and cook more often at home. These are easy ways to improve your money management. Harris’s emphasis on sustainability and individual well-being may also align with a more independent approach to daily routines.

Fuel

If you have a car, then you already know how expensive the fuel can get, especially if you use it every day. Can shake up your budget in unexpected ways! Financial experts say that this is one of the expenses to eliminate if Kamala Harris wins the elections since she was very open about the climate change topic and what we can do to stop it from becoming worse, so it would be a great time to turn to electric vehicles or even public transportation.

Subscriptions

After a busy day, all you need to unwind is to sit back, relax, and do some binge-watching of your favorite TV show. However, having multiple subscriptions for different providers might not be a good idea. We’re not saying to give up all of them completely, but make a list with the ones you use the most. Check out how many others are collecting digital dust and decide if there are parts of the expenses to say goodbye to.

Because households may experience changes in tax laws or economic conditions, reducing unnecessary subscriptions will free up cash for more important expenses.

Do you want to start creating a budget but are not sure where to begin? How about using the envelope method? It’s easier than you might think with this Money Saving Binder with 100 Envelopes! You won’t even see it as a challenge because it’s so simple to use. Begin by putting the amount of money you wish to save each day in the envelopes, then forget about them. Don’t be tempted to take them away unless it’s an emergency. If you manage to complete this, you will be surprised at how much money you can save in 100 days! 

Tech upgrades

Buying super high-tech gadgets must be among the expenses to say goodbye to if you want to stay on budget in the next period when inflation is still high. This is in addition to the fact that, as Kamala’s speeches have shown, some policies may change to promote sustainability and minimize electronic waste as much as possible, which would encourage more responsible consumption and encourage people to prolong the life of their devices rather than replacing them in the blink of an eye when something new appears on the market.

Prioritizing repairs over replacements or investing in long-lasting, high-quality technology could better align with future economic and environmental changes than simply purchasing new devices that you don’t really need.

Not environmentally friendly products and disposable plastics

If you watched all of her speeches, you may already be aware that Harris has continuously backed environmental reform, and economists anticipate a higher priority on sustainability. Reducing the use of single-use plastics and non-sustainable products will save money in addition to keeping up with possible regulations. Besides being environmentally friendly, your budget will also be thankful for your choice.

Panic buying

Financial experts say that stockpiling, buying in bulk, and most importantly, panic buying are among the expenses to say goodbye to in case Kamala Harris wins. Why? Under her direction, supply chain confidence and possible economic stability may increase, which might reduce the need for excessive consumer behavior.

Food waste, needless purchases, and most importantly, economic stress are all consequences of stockpiling. Therefore, instead of running to the closest supermarket to stock up on food, concentrate on keeping your household budget balanced and well-organized without going overboard. Determine how much food you will need for a week, taking into account the size of your family. Create a shopping list for your meal preparation based on that.

It may seem like a little thing, but it will benefit not just you and your family but also others by allowing them to purchase items for themselves without emptying the store’s shelves.

Expensive gifts

Gift-giving is a tradition that nobody wants to give up on, and nobody says you should. However, instead of spending an arm and a leg on all those Christmas presents for your family (and if you have a big family, you know how much it aches your wallet), reconsider a bit. Embrace the joy of the holidays by creating cherished memories with loved ones. Seek out practical gifts that bring happiness, and if you’re feeling inspired, let your creativity shine by making something special yourself.

Saving money on luxury gifts can be a caring and considerate way to protect against financial risk, especially in light of other areas where costs are increasing.

Bottom line

What will be our situation if Kamala Harris wins the elections? We won’t know for sure, and the point of our article was far from being just another piece of political propaganda. From her public speeches, Harris has advocated for measures such as prohibiting grocery store price gouging and eliminating tax breaks for investors who rent a large number of single-family homes to reduce the cost of living.

Another measure that could benefit the economy overall is the removal of taxes on a variety of items, such as tips. In addition, she stated that if she wins the election, some of her top priorities will be to increase the child tax credit and reduce the cost of prescription drugs and medical debt.

How do you see the future situation regarding our country’s economy, and what are the expenses you want to say goodbye to in the next few months? Tell us in the comments.

Did you know that you are actually TAXED for these things? Check it out in this article: 9 Most Ridiculous Things You’ll Get Taxed for.