- Advertisement -
Home Money Top Three Money Wasters

Top Three Money Wasters

- Advertisement -

Are you keen on saving your hard-earned money? Do you have the habit of putting a few bucks away on a regular basis? Well, a lot of people have personalized ways of saving money. However, these methods will not be effective all the time, especially when common money wasters are in your daily schedule!

Alas, what are money wasters? Do you find the idea of money wasting activities alarming? If yes, this post will help you. It is quite simple to control activities that waste your money. The first part would be identifying what these activities are. Indeed, money-wasting activities differ from one person to another. But, the majority of the crowd is affected by the following ones!

So, let’s get started…

RELATED POST: 3 Challenges to Make Saving Money More Fun



ALSO READ: A BASIC GUIDE ON NETWORK MARKETING

Money Waster #1

shopping in convenience stores

The first and most common money-wasting activity would be shopping in convenience stores. Many times, you are likely to visit the convenience store and stock up your home. There is no need to stock your home with extra supplies. Always stick to a plan and buy only items that are necessary for your daily life. Leave the convenience stores on an emergency day.

Convenience stores might sound convenient, but the service doesn’t come for free. Some items are bound to be more expensive in these stores than in online markets.

Money Waster #2

buy mobile pre-paid plans

ALSO READ: SPEND LESS AND SHOP MORE

Often, we tend to invest in cell phone plans. When your postpaid smartphone bills are high, you will be encouraged to buy pre-paid plans. Unfortunately, these so-called affordable plans are not so affordable. With time, you will be investing in many added features like mobile data and SMS services. These services will definitely force you to spend more money. Try to get rid of them! Else, you will end up wasting lots of money on them.

Money Waster #3

soft drinks

Next in line would be the soft drinks. This is one of the most effective money wasters in this list. Ordering soft drinks after a meal, on a daily basis will cost you a lot of money. Meanwhile, you will be destroying your health too!

ALSO READ: WHAT IS NEXT IN STORE FOR PRINT ON DEMAND BUSINESS?

A normal family of four members, who decide to eat two times a week from common restaurants will end up paying 800+ USD on soft drinks. By the end of 20 years, you would have spent more than 30,000 USD on soft drinks alone. Isn’t this a very big figure? Doesn’t this make soft drinks a major money waster?

- Advertisement -
- Advertisement -

Must Read

SIGNO: India’s first launched AI-Driven Blue Collar sourcing in 60 seconds

As termed as a developing market economy, India is trying its best to cover all the aspects it needs to have so as to...
- Advertisement -

The Top 11 Most Famous Scientists of Today      

We all know some of the most famous scientists, from Albert Einstein to Steven Hawkings. Do you know who the most prominent scientists today,...

How to Deal with Micromanagement in the Workplace

Introduction Micromanaging is a common behavior in the workplace. No one likes a micromanaging boss and such behavior is likely to create workplace conflicts....

What is Agile Methodology in Project Management

Introduction: What is Agile Methodology? An agile methodology is an iterative approach to project management. It aims at breaking down complex projects into small and...

Related Category Posts

Exploring What Insurance Policies You Need For a Janitorial Business

A janitorial business requires workers to enter commercial and residential spaces to perform services. This could introduce liabilities such as property damage and theft....

How to protect your privacy in USA?

Almost every website you visit or mobile app you open is either tracking you or harvesting your browsing activity for commercial services. Research shows...

What is the future of cybersecurity?

The number of people who use digital platforms is increasing day by day due to technical innovations. However, they face cyber-attacks from hackers and...

Understanding General Liability Insurance in Massachusetts

Every business owner in Massachusetts needs to invest in a general liability insurance policy. This coverage protects the business owner from a variety of...

How to become a tech entrepreneur?

Becoming a new entrepreneur involves several factors and one should aware of them in detail for accomplishing goals. The technologies are improving a lot...
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Select Language »