Save the avocado toast and milk for the morning—we’ll never tell you to stop wasting money on it.
Instead, focus on eliminating things like bank fees, food waste and lottery tickets. You know the real stuff you should never have to do spending money.
We all know that there are certain things you should never spend money on, like cigarettes and gambling. These are clear prohibitions.
But there are also things that people say you shouldn’t spend money on that are just plain silly — like cookies and morning treats. (Um…hi! It’s delicious.)
Hence the next question: Are there really things you should never spend money on? Like the not-so-glamorous things you could cut out of your life and never miss?
It turns out the answer is yes.
Here are nine things you should never (for real) spend money on.
1. Bank charges
Let me tell you a secret: Bank fees are outdated and outdated. They belong to the past. If you’re still using a bank that charges you a fee – whether for ATM use, overdrafts, monthly maintenance, etc.
You’ll find better options, we promise.
Thanks to the advent of technology, dozens of large and reputable banks offer savings and checking accounts completely free of charge.
And revolution It is a popular no-fee option.
So take the time to comb through your bank statement.
If you see scam fees out there – whether it’s monthly administration fees, overdrafts or ATM withdrawals – leave this page immediately and open a free bank account with an institution that won’t take your money.
2. Late fees
Late fees are another consideration. Whether it’s a late payment on your credit card, utility bill, or rent, these fees can add up quickly.
The best way to avoid late fees is to set up automatic payments for all of your bills. So you never have to worry about forgetting to pay your bill on time again.
If you end up with a late fee, try calling the company and asking them to waive it. Many companies are willing to do this, especially if you are a good customer.
3. Lottery tickets
Lottery tickets are a huge waste of money. You see, the dream of becoming a millionaire overnight is a tempting dream.
But the truth is, your odds of winning the lottery are about 1 in 302.5 million. And even if you win, you will most likely end up bankrupt.
you’d better do to invest money that you might spend on lottery tickets or use for Start a profitable side business. So please, for the love of all that is good and holy, don’t spend your money on lottery tickets!
4. Books (sometimes)
Joining the local library is one of my best tips for to save money. It’s completely free and a great way to read all the books your little heart desires, without having to spend a dime.
So when there’s a new book you want to read, I encourage you to rent it from your library first.
If it’s a book you really like and you think you’ll want to read it again in the future, buy it. (or rent it again in the future).
5. Foods that will eventually be discarded
The average family of four throws away over $400 in food each year. That’s $400 worth of perfectly good groceries or deli, which is gone forever.
If you’re not careful, food waste can quickly become one of your biggest expenses.
So how do you avoid food waste and save money?
- Plan your meals in advance so you only buy what you need.
- Make a grocery list and stick to it.
- Shop at discount groceries.
- Use leftovers to prepare your meals or for lunch the next day.
6. Impulse purchases
We’ve all been there: You’re out shopping and you see something you absolutely must have, even if you don’t really need it. This is called Impulsive purchaseThis is one of the main ways to waste money.
To avoid impulse purchases, try to wait 24 hours before buying anything. If you still want the item after a day, go ahead and buy it. But more often than not, you’ll find that you don’t really need it.
If you’re an impulsive shopper, it’s also helpful to make a list of the items you need before you shop. This way, you will be less likely to buy something you don’t really need.
7. Full price for anything
You should never pay full price for anything. That’s a bold statement, so listen to me for a second…
There are many ways to save money on shopping these days. For example, you can:
- Wait for the store to go on sale.
- Find promotional codes or coupons on Mesbonsplans and Couponnetwork.
- Find deals using Cashback apps like FaboliusAnd seduction And ApoWeclub.
And if you end up paying full price for an item (which you will, let’s face it), using a rewards credit card is a great way to get a discount at the end.
8. Expensive clothes you’ll only wear a few times
It’s tempting to splurge on a new outfit for a special occasion, but if you’ve only worn it a few times, it’s not worth it.
Instead of buying something new, try renting a dress or costume for the occasion. sites like Lecloset And Maje rent They offer a variety of stylish clothes that you can rent for a fraction of the price.
When it comes to everyday wear, it’s best to stick to the basics. A good pair of jeans and a few simple T-shirts will last you longer and cost less than a closet full of trendy clothes you’ll only wear once or twice.
9. Money leaks
Finally, another way to stop wasting money is to plug your own financial leaks. (A cash spill is a recurring expense that you pay for without using it.)
Some of the most common money leaks include subscription services like Netflix or Hulu, gym memberships, and Patreon subscriptions.
If you don’t use a service, continuing to pay for it is a waste of money. So take a good look at your recurring expenses and cancel anything you don’t use.
Of course, this list isn’t exhaustive, but it’s a good place to start if you want to save some money without it affecting your lifestyle too much.
By reducing expenses like unnecessary bank fees, late fees, and unnecessary purchases like lottery tickets, store-bought books, and designer clothes, you’ll help keep your wallet happy.