Do you waste money?
Yep, me too.
I am just as guilty as anyone else when it comes to buying things I don't really need.
Sometimes, you just need to to go out and buy something that you have wanted. It can give you a sense of satisfaction. It can make you proud of your accomplishments in life. It can make you happy for a little while. It can also wreck your financial future.
Below are the Top 3 Ways To Waste Money:
TIP: If you can't pay cash for the car, do not mortgage your future to own it.
Electronics can be a big money waster if you let them. I promise that my $99 cell phone does all the same cool stuff that your new $700 phone does. Maybe it's not as fast doing it, but we are talking seconds here, not days! You can save $600 per year by not buying a new cell phone.
There is nothing wrong with dressing nicely and having nice things to carry around, but please do not pay for it over the next 12 months by swiping your credit card in the heat of the moment. It is way too easy to get caught up in the world of material "must-haves". Think about what you would like to do with your money first. Putting it away for a rainy day is usually the better option. Besides, you can buy the purse on clearance at the end of the season with your money in the bank!