In the early stage, everyone finds their purchases small day by day, but in the end, they end up emptying their pockets. Also, you will not even get a single benefit from it. After paying close attention to this aspect, you can reduce buying several things to avoid getting your pockets empty. Disposing of these purchases enabled me to save and minimise clutter and make better choices regarding finances. Following is a list of 8 items I had to quit because I was fooled by the fact that they were overly expensive.
Branded Bottled Water
It may seem comfortable to purchase branded bottled water on a regular basis, yet it is among the most unnecessary costs. Tapped or filtered water provides the same amount of hydration at a very low price. The amount of money spent on bottled water is substantial over time.
Extended Warranties
Prolonged warranties are usually comforting, but in truth, they rarely are valuable. A great majority of products already include a warranty by the manufacturer, and most of the problems appear either early or far later than the warranty. The warranty cost is, in most instances, close to the repair cost.
Daily Takeaway Coffee
Purchasing coffee on a daily basis in cafes can be a little luxury, yet it is costly in the long run in terms of months and years. Home coffee preparation is significantly cheaper and enables one to have additional control over quality and flavour. After spending on simple coffee-making equipment, I cut down on the expenditure without dropping the habit.
Premium Cable or Streaming Subscription
It is easy to end up spending money in vain by subscribing to more than one premium service on television or streaming. Some of the services go on unutilised for weeks or months, but the charge goes on.
Unused Gym Memberships
Gym memberships are purchased with good intentions to be used on a regular basis, but this is not always done. There is no advantage to paying a monthly fee and not regularly attending. So, instead of such things, I should focus more on free exercises and get better results.
Single-Use Kitchen Gadgets
Most of the kitchen appliances are convenient, but end up on shelves. Products that can perform a single job tend to waste space and create an unwarranted expense. I realised that a majority of cooking requirements could be done with the help of simple tools.
Expensive Phone Upgrades
There is no need to upgrade to the newest smartphone on a yearly basis. The majority of new models only have slight improvements compared to earlier models. I discovered that my phone did not work well even after its launch.
Impulse Online Purchases
It is easy to impulse buy online with the help of discounts and offers with a time limit. Most products purchased in this manner are not utilised frequently or easily forgotten. I started waiting at least one day prior to making other non-essential purchases.
