
12. Stop Buying New Clothes
Most Americans have more clothes than they actually need. And a lot of people have outfits in their closet that are still new-with-tags. There is a very good chance that if you stopped buying clothes completely for the next year, you could still be fine, and totally presentable in your every-day-life.

Remember that clothes don’t have to be such a big deal. There is a reason why some people subscribe to the idea of a “capsule wardrobe”. The amount of money you could save on clothes over time would vary drastically from person to person, but for some, it could easily add up to over $1,000 a year.