Who doesn’t believe in making more money? Almost of us, right?
But on a scale of 10, what number of times do you consider the wastage of money? I am sure none of us think about the biggest waste of money ever.
Our parents warn us to not over spend. Our friends advices us to not spend on unnecessary products. We are even suggested saving as much as we can but are never told specifically about the areas where we are actually wasting money.
This article is an awareness. I am going to show you the five biggest waste of money ever. It will give you an idea of how much money you must have already wasted.
Five Biggest Waste of Money Ever!
All of us use online transaction modes. If not all of us, almost of us. Even teenagers hold a bank account and make online transactions.
Every transaction mode that we use reward us with offers and cashback.
The cashback that we receive is credited immediately into our accounts but the offers that we receive gets ignored. We overlook the shopping/food vouchers from sites that we haven’t used. Even gift cards.
If we keep aside that specific shop, place, or restaurant that we are fond of and consider these rewards on some days, we will actually save a certain amount that we are willing to spend in known products.
Lessons are learned in all phases of life. Even if you haven’t heard of those sites, applications, restaurants or shops, give them a try. You are anyway receiving a discount on them. Additionally, we are living in times when we can exchange and return products that don’t meet our expectations.
This way you won’t be wasting money since you are getting discount cards from related ventures.
Government doesn’t help the needy. They will help till they gain the name and fame. But will use the same funds later on themselves.
You will feel warm and happy, but your motive won’t be fulfilled.
If you want to help, fund local businesses, visit needy institutes and organizations, cook meals and feed the old ages houses. Your motive will still be fulfilled.
The point is to do it yourself, then donate to government funds. You won’t waste the money that you want to use to help someone.
An Extra Space
An extra space can be an unattended room in your house other than a guest room. A flat that you don’t use much unless you visit the place. A garage area or any sort of space that is not being used much is a wastage of money.
You can put them all on rent and have an extra income source.
If your problem is, ‘where will you stay when you visit the city you have an extra flat at?’ you can book a hotel and that would be much preferable since the amount you spend on it will give you better returns from the rental space.
You can even sell out the unused items in your house. The motive is to make use of everything you have. If it’s not being used, you are wasting money. Plus, you can have an extra income source if you do this which will help you strengthen your future or meet extra needs.
If you buy the necessary items needed for barbecue, you will save half of your money invested at the restaurants.
Additionally, you can cook meals that you might not find in their menu for the day.
Barbeque dinners get expensive and sometimes not fulfilling. But putting efforts with your resources, you can enjoy a better barbeque experience, taste and save money.
You can also invite those friends who can’t afford to go out. It is actually an advantage than a drawback.
Personalized Rings For Success/Anger/Money
Those are literally scams.
And they work because of your belief in it.
You get what you think. Because you think you will be patient if you wear the ring, you will be patient. If you think you will be successful if you wear the ring, you will be successful. It’s your subconscious mind that does the job.
But the fact is, it is manipulating you to believe in it when you should not.
If you really want to deal with the anger, believe that you are patient and your reactions will see a change. Similarly, with other desires. Work hard for the success, and you will get it. These personalized rings will give you nothing but a bad mindset.
Thus, these were the five biggest ways people waste money. If you follow even one or two out of five, you will save some. And that will be a good change.
Have a good day 🙂