Have you always had trouble saving your money? Maybe because you spend your salary without taking the time to think …
Spending money can quickly fill a void or provide fleeting happiness for some people.
Have you ever thought about how you are wasting your money? We suggest you discover 5 habits that push you to waste money without realizing it.
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1. Waiting for the last minute
People who like to procrastinate are more likely to waste money because they end up dealing with emergencies that no longer make economic sense.
If every time you plan to go on vacation you expect the last minute deal then you may end up with a more expensive hotel room than expected.
Yes … there are always behind-the-minute deals but not as much as one might think and the risk of losing is often much greater.
2. Subscriptions and free trials
You have about ten subscriptions you have subscribed to but you never remember the end date?
The problem with this type of trial offer is that everything is done to collect money when you least expect it. You will have to write the dates on a paper or record reminders on your phone, if you do not want to be had.
Think of everything: streaming, phone, internet and other premium online subscriptions!
3. Choose the easy way
It is tempting to choose convenience rather than trying hard. For example, if you have the reflex to use Uber or a taxi for a small race, then favor public transport which will probably cost you less and you will do a little exercise at the same time.
These are small expenses that do not alarm us but when you are in a delicate financial situation, it can have a significant impact on your budget.
4. Compulsive purchases
The best way to squander one’s bank account is to fall into the trap of compulsive shopping. Do you think you’re doing a bargain because the dress you’ve spotted on the internet is on sale and you think it’s the deal of the year?
Reasoning this way is very comforting but the truth is that you do not need this dress and you feel obliged to get it. You are attracted like a magnet and the desire to buy seems to be a necessity that becomes obsessive.
Whenever you have this kind of dilemma, take the time to ask yourself the following question: Do I need this product or do I just want to buy it?
5. Bulk product purchases
In itself, bulk product purchases are a great way to save money … but only if you consume all the products purchased.
Indeed, many people who decide to buy bulk food have a hard time evaluating the quantities and end up wasting the remaining food. So instead of saving money through the concept of bulk, we end up wasting it stupidly.
Planning meals in advance can greatly help you in your hunt for futile expenses. This method will not only allow you to get an idea of the resources available at home but also to know everything you need to not buy things you do not need.