Okay, so you’re on a budget and you’re still unable to save any money. I read an msn.com article that detailed 10 things which we commonly purchase that result in less than efficient usage of our funds. It should be noted that some of these items may be bought sparingly (such as a $4.00 cup of coffee) but, if you run out of funds before running out of month, not on an everyday basis. The short version is below.
1. Lottery tickets – unless you like a 1 in 13,000,000 chance.
2. Really expensive coffee – okay, splurge on occasion, but you can brew one for a lot less.
3. Magazines from a newsstand – check out the cost per issue, and then head to the nearest library.
4. Dry cleaning – some garments can be hand-washed. If you dry clean a $50 sweater it can end up costing you that much additional per year for dry cleaning.
5. Premium gasoline – unless you’re driving a really old car with a high compression engine, you’re buying an unnecessarily expensive fuel, according to Edmunds.com.
6. Snacks at movie concession stands – unless you’re going to put out a fire you really don’t need a 64 oz monster drink that costs more than your fast food lunch.
7. Eating out in restaurants for lunch every day – another one that becomes expensive if done on a daily basis.
8. Professional manicures – I’m out of my element on this one, but I understand these run $30 and up. Save it for special occasions.
9. High priced grooming products – you may be paying too much for a brand name that has the same ingredients as a less expensive product.
10. Premium cable channels – is it really worth it if you don’t have an emergency fund? Nah.
For those that want the full story, it is on MSN.com here.
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