I know I waste a ton of money every year on things I could just simply cut out. Let's face it, we all do it.

Financial experts say you're actually throwing away a few hundred dollars every year in ways you don't even notice.

You can save that money by doing a few small things. Here are five suggestions.

  1. Re-think your premium subscription services. You may like having all these options, but think if you're actually using them. Take a good look at what you and your family actively use, then cancel or downsize your plans. Your cable bill might be a good place to start.
  2. Buy generic. You may think you're sacrificing quality, but you're not. The big name brands cost more mostly due to the packaging.
  3. Take it easy with the coupons. Sounds like that should be the other way around but they actually make you buy things you normally wouldn't, because you're getting a deal.
  4. Never pay full retail price. Almost all consumer goods go on sale at some point. That's when you should buy them.
  5. Don't buy suggested add-ons. For example, insurance when you rent a car. Rental car workers are trained to get you to buy their insurance, when your own insurance policy probably covers you.  Those kinds of extra fees can add up over time, so learn to say no.