It’s so easy
to waste money nowadays and there are many subtle and often overlooked ways that
people do so. Being aware of these ways makes it easier for people to curb such
wastes and gain better control over their finances.
traveling.
Grocery Shopping When You’re Hungry
If you engage
in grocery shopping when you’re hungry, you’ll tend to want to buy everything in
sight because it all of a sudden becomes more appealing. As much as you can,
avoid grocery shopping when you’re hungry because you’re more inclined to buy
more food than you actually need and will most likely waste later. This is of
course equivalent to an unnecessary waste of money.
Mainly Using Debit
Cards for your Purchases
You are unlikely to be so liberal with your
purchases if you have to be mindful of the limited cash you have in your wallet;
you are therefore more likely to be responsible with your spending. You should
try to avoid taking debit cards along with you everywhere you go, especially
when on a boys or girls night out or during a vacation. Withdrawing a fix amount
of cash is usually best because it compels you to watch your spending and not go
overboard. When it comes to avoiding overspending, there is no greater
motivation than knowing that if you spend all the cash you have, it’s pretty
much ‘gbese’ for you.
Using Just Any ATM Machine
Try as much
as possible to use the ATM machine for your bank when withdrawing money to avoid
racking up displeasing fees. If you’re traveling or on vacation and are
unfamiliar with the area, you can ask the locals for where your bank’s ATM
machine is. If you must use the ATM machine of another bank, let it be as
occasional as possible.
In-Game Purchases
This can be a hard
habit to break especially for lovers of smartphone, Xbox or PlayStation games,
but it just has to be done because your ‘little’ in-game purchases eventually
adds up to stunning expenses. Eventually, you’ll end up reviewing your bank
statements with shock, disbelief, a bit of shame and definitely regret. It
advisable to remove your credit card info from sites or apps you play games, and
ensure you don’t save your details on such sites for any reason. This way, it is
easier for you to rethink your decision to buy that power-up or shining in-game
weapon when you have to search for your credit card to put in the necessary info
for the purchase. Of course, this doesn’t take the place of generally being
responsible enough with your earnings not to spend it all on a
game.
Not Taking Advantage of Sales or Discounts
There is no
award given to you if you buy things for their full price, you should therefore
take advantage of items that have discounts or are on-sales and buy them if they
suit your needs. Think about it: why pay more for the exact same thing someone
else is paying less for?
