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Quit Wasting Your Money on These Things. As inflation continues to send the prices of everyday items soaring, it's imperative to budget your finances. Over time, even the most conscious consumers might find themselves the victims of money traps. Here are some common money traps and how to avoid them: Bank Fees. Charges for withdrawals, out-of- network ATMs and monthly service fees from your bank add up. But they don't have to. Per Bankrate, almost 50% of checking accounts in the United States don't charge maintenance fees. If you feel overcharged at your current bank, don't hesitate to find a new one. Unused Subscriptions. A recent study found almost 70% of US consumers throw away money each month on subscriptions they don't use. The culprit? Signing up for free trials and failing to cancel services when the trial period ends. "That’s an easy way to chuck money out the window.", Julie Ramhold, consumer analyst with DealNews, via CNN. Wasted Food. According to the Natural Resources Defense Council, almost 40% of food in the United States goes uneaten. Check your refrigerator before heading to the grocery store and plan your meals around the food you do have. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT