Have ever thought about what are the things people waste money on most? These things can be done by ourselves most of the time and it wouldn’t even cost anything but considering how lazy people can get, they can just spend excessive money and waste a whole lot of it in the long run. So it is best to know what are the things most people waste money on so that we can avoid these altogether.
Most of these things are things overlooked regularly because we consider them to be little things, but in actual fact, it is relatively costly and together, they will add up and cost a whole lot more. Think about all the other things you can get done and paid if you did not waste money unnecessarily. Though there are many things, here are the common top 10 things people unnecessarily spend on that we need to be aware of so that we can start saving a whole lot of money.
Buying Brand Name Products
One of the top 10 things people unnecessarily spend on is only buying products that have well known brand names. Common products such as grocery products with popular brand names will be chosen, but when the ingredients are compared to other products made by other companies, they are not much different, except they are cheaper. So think about this before you buy a product that is from a well known company.
Paying Someone Else For Simple Car Repairs
Sometimes we have some sort of car problems, but they are so simple, but we just don’t take the time of our days to learn a little bit about our cars and how to fix simple problems. So we resort to spending immense amounts of money on repairing our cars. In the olden days, we used to know a lot about our cars, but in today’s world, we now less and less about cars, so we need to start learning more about our cars.
Grocery Shopping When You’re Hungry
One of the top 10 things people unnecessarily spend on is grocery shopping when you’re hungry. Have you ever went shopping when you are hungry? Well, have you noticed how much you have spent when you went shopping hungry? You basically bought everything that you thought was delicious and you told yourself you could eat a whole horse. So with that mindset of being able to eat everything so you will probably buy everything as well, and when you get home, you wouldn’t be able to finish all of it.
Buying A Snack At The Gas Station “Every Now And Then”
The phrase, “Every now and then”, when used, clearly means that you don’t keep track of what you’re doing, so if you are spending on snacks as you go, then you are probably buying a whole lot and did you know all of that amount spent will add up and eventually you would have spent too much and you will eventually realize that you have wasted all your money on repetitive snack purchasing.
Taking Expiration Dates As Law
One of the top 10 things people unnecessarily spend on is food, and how does that happen is when their food reaches their expiration dates and they immediately throw it away. Most foods, if they are kept properly, can last longer than their expiration dates, they do not need to be thrown out, but be sure to eat them quickly instead of keeping it even longer, but be careful, if there is any discolouration or bad smells, then you definitely need to throw them out.
Paying For Cable
Did you know that you can watch almost anything on the internet nowadays, so you can consider cutting your cable. It may sound like this is only for the younger generation, but no it isn’t. You can easily learn this and watch all your favourite movies online, whenever and wherever. You don’t have to pay that additional monthly bills for cable anymore, just know where to go on the internet to watch great stuff.
Only Using Credit Or Debit Cards
Remember the time where you used to had cash in your wallet you sort of consistently count how much you have and make some sort of budget? Well now that we all have credit or debit cards, carrying around these cards will seem like a better option because you don’t have to keep a bulky wallet around. But when using your credit or debit cards to make purchases, all you’re doing is pressing some buttons and your purchase is made, you don’t actually see how much you have left, and you will spend more and more.
In-Game Purchases
Most of us will play some sort of game somewhere and sometime, but there is always some sort of option for us to buy in the game, and it may sound like it is cheap, and yes it is cheap, for only $1 to $15, but if you make those purchases constantly, it will only add up to hundreds of dollars. Think about all the shame and regret that you will have to face when people find out you have spent all your money on worthless games.
Not Properly Inflated Tires
One of the top 10 things people unnecessarily spend on is not properly inflated tires. When you are driving in your car, how often do you take a few minutes to check your tire pressure? Did you know that if you don’t have properly inflated tires, it will cause your car to use even more gas to travel around? Next time before you get in the car, check your tire pressure, if it is not good, then go to the nearest gas station and get it filled up before you start making long journeys.
Not Using Coupons
Not using coupons is one of the top 10 things people unnecessarily spend on. It has been proven many times that coupons actually help you spend less money. Usually there is the 20% off or even 50% off coupons, these will surely help you save money. There are many of us out there who throws away any coupon we get, some of these coupons even give away free items, so don’t throw them away. Collect your coupons into a little container so that you can easily access it to buy things at a lower price.
Conclusion
There are these top 10 things people unnecessarily spend on, and it has been listed above, but of course there are a whole lot of other things people waste money on. What is important is that we know what we should actually waste money on, and that is insurance. It isn’t wasting, in fact, it really beneficial for you and your family. Consider getting a medical card for yourself to ensure that you can get the best medical care without spending so much money. AXA eMEDIC is offering medical card from the price of RM 32/month, it is one of the cheapest in the market today, visit PolicyStreet.com to find out more.
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