Some fees and taxes are inevitable. Whether you're shopping for groceries, concert tickets, or cars, it's common to pay more than what the sticker price says. We live in a world where sales tax, subscription fees, recycling fees, initiation fees, handling fees, and usage fees are the norm. While you can do your best to avoid these costs, your best strategy is to be prepared.

6 Money-Saving Baby Shower Tips
How To Use Online Coupon Codes
Are Birthday Coupons Bad For Your Wallet?

Thankfully, there are some fees you can avoid altogether. Here we take a look at some of the easiest fees to avoid.

1. ATM Transaction Fees
At some machines, ATM fees can be as high as $3.50 per transaction. Instead of giving into these fees, try to withdraw your money ahead of time. When possible, make a purchase with your debit card to get cash back. If you are in a situation when you need to pay an ATM fee, make sure to call your bank afterward. Some banks have a policy for refunding these fees. If you don't ask, you'll never know.

2. Credit Card Interest
If you're spending beyond your means, it's time to make some serious life changes. When you pay credit card interest, you're paying fees on top of what you're already paying for your purchases. The problem is, you get absolutely nothing for the interest and fees you pay when using a credit card - except the ability to put yourself even deep in debt.

3. Shipping
You may be surprised to learn that some online sellers make a profit on shipping fees. This means that online shoppers need to be be vigilant about what they pay for shipping. Whenever possible, shop with retailers who offer free or low-cost standard shipping and returns, and always look for free shipping coupon codes when you shop. If you are shopping on eBay or buying from another smaller seller, you can always try to negotiate a shipping discount as well.

4. Sales Tax
In some states, sales tax is higher than 9%. With rates this high, the cost can really add up. Buying items online can be a way to avoid sales tax as long as the company you are purchasing the items from doesn't operate out of your state. However, many states are unhappy about losing this sales tax revenue, so this loophole could close in the future.

5. Gym Membership Fees
On top of your monthly rate, some gyms charge initiation or processing fees. Shop around for gyms that don't require this expense, look for coupons or try to negotiate. Try your best to get this fee waived.

6. Over-the-Top Parking Fees
Depending on where you live, these fees may be unavoidable. However, if there's free parking nearby, it's worth a walk to save the money - plus it's good for you! Also, if you're shopping or eating at a restaurant, pay attention to whether you can validate your parking pass.

7. Late Fees
Keep track of all of your accounts to make sure that your payments are all on time. Whenever possible, set up automatic bill payments. If you do forget to make a payment, call the service to apologize. You may be able to get your fee waived. While a fee waiver isn't guaranteed, it doesn't hurt to try.

8. Fees for Subscriptions You Don't Use
We're human - we get lazy. Regardless, our laziness should never cost us money. Next time you have a moment, go through your credit card statement to double check whether you're paying for services that you're no longer using. If so, cut the subscription immediately. Even if it's a few dollars, those funds will add up quickly.

The Bottom Line
While some fees are unavoidable, you can cut many others right out of your life. Even a few dollars here and there will add up, so make sure that you're being as efficient as possible with your spending.

Related Articles
  1. Budgeting

    Bespoke Post Review: Is It Worth It?

    Find out if Bespoke Post, the fast-growing, e-commerce subscription service for men's lifestyle and grooming products, is worth all of the hype in this review.
  2. Stock Analysis

    3 Predictions for Amazon in 2016 (AMZN)

    Learn the top three predictions for Amazon in 2016 as the company comes off an exceptional year in terms of revenue and expands into new markets.
  3. Investing

    7 Creative Ways to Save for an Early Retirement

    Take note of these out of the box steps you can take towards securing yourself an earlier, more comfortable retirement.
  4. Stock Analysis

    5 Reasons Alibaba's Earnings Disappointed in 2015 (BABA)

    Look at the reasons why Alibaba's earnings disappointed in 2015, including weak economic growth, the soft renminbi and allegations of counterfeit products.
  5. Investing

    Seven Sustainable Retail Dividends

    Seven retailers which pat sustainable dividends when examining both the companies' payout ratios and free cash flows.
  6. Budgeting

    Craft Coffee Review: Is It Worth It?

    Learn more about one of the first and most flexible specialty-grade coffee subscription services on the market, a perfect fit for any coffee lover.
  7. Retirement

    Birch Box Review: Is It Worth It?

    Learn more about the convenience of the subscription beauty box industry, and discover why the Birchbox company in particular has become so popular.
  8. Stock Analysis

    Etsy: How It's Fared Since Its 2015 IPO (ETSY)

    Discover why Etsy had one of the worst IPOs of 2015, and how you would have fared as an investor had you invested in Etsy shortly after the IPO.
  9. Personal Wealth & Private Banking

    Women, Invest In Your Financial Literacy

    Becoming financially literate should be on the to-do list of anyone who is not.
  10. Savings

    How to Save Your First $100,000

    Saving your first $100,000 requires the discipline to put money away and control your spending. But just remember – the savings get bigger as you go.
  1. Does QVC charge sales tax?

    QVC, an American TV network, is registered with states to collect sales or use tax on taxable items. QVC is also required ... Read Full Answer >>
  2. Does Walmart take international credit cards?

    Foreign visitors to Walmart locations in the United States can use their credit cards issued by banks outside of the U.S. ... Read Full Answer >>
  3. Is QVC publicly traded? (QVCA, QVCB)

    QVC, Inc., is a wholly owned subsidiary of Liberty Interactive Corporation. It is attributed to the QVC Group tracking stock, ... Read Full Answer >>
  4. How can I invest in electronic retailing (e-tailing)? (AMZN, W)

    Electronic retail is one of the fastest growing segments of the economy. Every year, more people are choosing to purchase ... Read Full Answer >>
  5. How does a bank determine what my discretionary income is when making a loan decision?

    Discretionary income is the money left over from your gross income each month after taking out taxes and paying for necessities. ... Read Full Answer >>
  6. What countries represent the largest portion of the global retail sector?

    The United States and China are the world's largest and second-largest retail markets, respectively, by total retail sales. ... Read Full Answer >>
Trading Center