In this new article you’ll learn how to not waste money.
Money. We chase them almost to death. We are looking for additional work to earn extra money and we agree to overtime when the employer requires it. All this in order to have enough financial resources for a dignified life. Maybe they don’t give us happiness, because we won’t buy health or joy with them. However, when they are not there, it is not good either.
Sometimes, however, we fail to see that we have quite a lot of cash at our disposal. Perhaps because of this constant pursuit of it. Everyone manages their own finances as they wish. What is more, everyone who earns money has every right to do so. What if you’re still thinking about where your hard-earned money is going? You’re probably looking for savings and it’s all right. Know that you can do more than that! Think about whether you sometimes spend money on things you don’t need. Many people do (and I do sometimes too).
How To Not Waste Money
Credit cards are a brilliant tool that we use to spend our money easily.
This is not about demonising credit card payments. It is currently a very convenient and popular method of shopping. Such means of payment are not bad at all, provided that we use them with our heads. Remember that by using them, you incur a debt in a bank that you have to repay. You can say that since then you have been working for a bank, not for yourself. In a way, it’s a golden cage, from which you’ll only get out after you’ve settled your obligations.
Sometimes people fall into a vicious circle, buying everything they like. Paying by credit card becomes their mania. Debts are growing, and there are no funds to pay them back. This is an easy way to financial disaster. Therefore, have a credit card, but also be on guard.
We treat shops as markets and waste money on products that we are not able to use.
Buying large quantities of goods makes sense if we can consume them before they expire. However, buying 20 funts of tomatoes at a discount (even for the whole family) simply doesn’t pay off. They are not durable goods, because they break down quickly. Unless someone wants to buy a tomato diet for breakfast, lunch and dinner for the next few days.
Seriously enough, this is a classic example of wasting money. If such a situation happens quite often, at the end of the month a considerable amount of money will be collected. This amount is thrown away together with spoiled food – don’t waste food. Another thing is to buy products with a long shelf life. This applies to canned food and frozen foods, for example. Plan your purchases by realistically assessing the amount of each item you need.
Use Cashback services and save your money
These apps will allow you to get a cash refund on the items you buy. You can use them or collect more money. It is often the case that there are no extra charges for withdrawing cash using this method.
Moneyback works in a similar way, for example, where you get part of your expenses for non-cash transactions from your bank. You can also benefit from additional bonuses. Such services are already offered by many banks in your country. They have quickly gained their supporters and are quite popular with customers.
We’re losing money through impulsiveness.
Think about whether you really need another phone or kitchen gadget that you probably won’t use anyway. The consumerism around you is conducive to buying things under the influence of the moment. After all, you are able to determine what you really need.
Don’t be fooled by the clever tricks of marketers who tell you that you won’t survive without this product. There is a difference between what you want and what you cannot do without. Then these things stay at home and you just move them from corner to corner. Prepare a shopping list before you go to the store. Stick to it and don’t give in to the temptation to buy goods in the promotion. You will see how much money will remain in your wallet.
Money escapes when you pay interest for late payment of a debt
Avoid such financial penalties and pay your bills on time. Each time you delay paying, the cost of the money increases. With time, it can make a really good sum of money. Do not risk driving without a ticket, pay for a parking space. Every subsequent fine imposed for recklessness is a cost.
The same is true for bank loans. Pay them back regularly, otherwise the interest will increase. Use your credit card wisely and keep an eye on your balance. Minimum deposits here will not help. Pay as much as you need to.
The latest miracle diet, fashion for fit products effectively take our money away from us
You see an advertisement for great slimming remedies presented by a woman with a perfectly sculpted belly or a muscular handsome man. They offer an express solution for those who want to lose a few pounds. So you are looking at those people whose job is to do exercises for a few hours, day in and day out. Wondering how this cream will literally eliminate cellulite, which has accumulated over the last 10 years, in a month? You know perfectly well that it is impossible to remove it immediately and without difficulty. There are other healthy methods for this purpose.
Physical activity in the open air, avoiding junk food practically costs nothing. What’s on the top now is not necessarily profitable for your health and your pockets. Do not accept uncritically everything that advertising, celebrities or social media offer.
Partying in clubs is a real assassination attempt on your money.
It’s fun when the champagne is pouring down the streams, ordering drinks for everyone and having fun as if the end of the world were to come tomorrow. Worse, when you have to go back to the gray reality and earn the costs of such a party for the next month. Organize a party that you can afford financially.
Splendour and luxury do not constitute a human value. In order to gain respect and recognition in the eyes of people, what counts are the effects of actions and life attitude. The high bill from yesterday evening does not raise the social status. On the contrary! It leads to a waste of money and financial troubles.
Take care of your home and keep the money to yourself
Maintaining a house is very expensive. So try to keep it in good condition so you don’t waste energy by heating or cooling your home. All you have to do is turn off all the equipment from the socket when you leave. Christmas lights placed around the house do not have to be lit from November to February. Don’t buy new furniture or equipment just because they’re stylish. Renovate your home when necessary. Let this next renovation be a form of investment, not a simple and expensive whim.
There are plenty of ways to waste money. It’s hard to realize them when we’re still just making money and publishing them. So if you ask where your money is next time, check if you manage it well.
I want to thank you for taking the time to read my article about how to not waste money. I sincerely hope its contents have been a good help to you.