As we all know that money is very important in fact most important in some cases, thing in the world. Money plays a key role in your life. You can easily analyze that your whole life revolves around money. The only thing with your every plan is related is money. You prepare different strategies for money. Among these strategies you make, one most important strategy people usually ignore is “biggest money wasters”. We ignore how to utilize our income. You must have the same issues. You make plans about how to make money, how to increase income, and many other things. But the point you ignore is the things that waste your time. And in this particular write-up, we are going to discuss this.
Partying with Friends. Have you ever gone to a supermarket to buy goods with a list in mind and started buying things according to your will instead of buying according to the list? Surely not! Because first of all, you must look at your budget. It will not be allowed to do so if you belong to a middle-class family. The same is the thing here in this situation. Partying with friends outside is not a bad thing if it happens once a year. It is a bad thing if it happens every day every week or every month, depending upon your financial situation. In this situation, it will come in the category of money wasters. Another factor to makes it expensive is our choice. The reason is that if we go out to have some party and want to get cravings of strawberries in the middle of winter then we are demanding the item which is not easily available in this season and of course it would be expensive.
Expensive Gifts for Girlfriend. Indeed good friends are like a part of the family. It is a relationship like a brotherhood. Depending on the nature of friends we can divide them into two categories. One who has some greed in nature and other who prefer loyalty. If we like somebody and want to get his/her attention towards ourselves then we show them off some expensive things. Now it depends on our friend that either he/she is loyal or greedy. For example, if we give them some expensive gifts they show attention towards us and if not give them costly things they don’t do so saying that we are not according to their status. While there are friends who have loyalty in their nature and they just want our attention, not the money and other costly gifts. If we are giving costly things to our friends just to get their attraction or to increase this relation then we are just wasting our money. Because it is just a useless thing to do. As gifts are not judged by their costs gifts but by the love and respect of their givers. So giving costly gifts to our friends is just a waste of money as the value of the gift is not checked by its cost it is a game of love and loyalty.
Unnecessary Paid Subscriptions. Nowadays, it is easier to sign up for subscriptions. We should thank smartphones which enables us to get subscriptions to different services. As far as their benefits are concerned these subscriptions play an important role in our lives as these provide us with our mobile security, fitness coaches, cloud storage, etc. But these subscriptions also come in the category of money wasters. We can also survive after leaving these subscriptions as a bodybuilder can’t live without gym membership but can ignore food delivery services. A regular newspaper reader can’t live without a newspaper subscription but can live without the subscription of Spotify.
Cigarettes And Alcohol. Smoking and drinking are the major cause of money wasters for their users. Nowadays, the young generation is mostly affected by cigarettes and a bit lesser by alcohol. These two are not only the cause of money wasters but also destroying the health of its consumers. One of the most serious chronic diseases is Asthma which is caused by smoking and drinking is spreading heavily among the young generation. Nicotine present in cigarettes is very dangerous for our health as it causes to shrink of the blood vessels of its user decreasing the flow of blood. The chance of cancer is much greater in smokers than in nonsmokers.
Gambling. Are you a lover of dealing with gambling? Then you also are a money waster. Want to stop it to save some money? We are here to help you. Whether you bet on horse races, cricket, football, or in casinos you will fall in the category of gamblers. Gambling is such agreed that it can happen to anyone at any age. It starts from just fun to dangerous dealers. According to doctors, gambling is a disease which is known as impulse control disorder. In this disorder I mean gambling one cannot afford a loss, he continues to bet until his last rupee. The result is that he loses everything, wastage of time and money. You have family and friends. Just think about them. They need you, you have to stop this shit and save some money so that it can be helpful for later for you and your family. Just think about it.
Showing Off. Why do people want to show off? Are they wasting their money just to look better than others? Just to impress others? The answer is yes, they are wasting their money. Let us discuss the reasons, first of all, the reason is that people are not concerned about you. They are not there to see your looks. As far as friends are concerned then we can say that it is true. If a friend is giving you the importance and you are attracting him/her through showing off your money by looking beautiful and wearing better clothes then it would not be the same for your friend that he/she is attracting towards you just because of your money. Yes, money matters but it is not the case every time. It is just a waste of money. If you have guts you don’t need to show off.
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