It is hard to save nowadays with virtually any impulse purchase you have at your fingertips being able to shop online and buy with a click of a button. Before you hit “submit”, try and avoid some of the biggest unnecessary purchases that you can make.
Four-Course Restaurant Meals
Unless it is a once a year special occasion, there is no reason to splurge this much on a dinner. For one, having an appetizer, salad, entrée, dessert is not healthy, it is also a huge strain on your wallet. If you do need to eat out, make sure you are not starving when you go out, so you can avoid temptation and just get an entrée.
Too Much House
I’m not sure if it is a sign of status, but I see far too many people buying huge houses for a couple or small family, that being “house-poor” is not worth it when you figure how much you are losing out in putting in savings, or having life experiences. Try getting a house that you can comfortably fit in instead of hearing echoes.
Not a knock against any of the beautiful countries overseas from the United States, but the problem is the plane ticket. With a going rate between $1,200-$1,600 at any given time, that could be the price of a mortgage payment. While it may be a bucket list to travel abroad, save that for your later years when you can afford it.
These days you can see every day on Pinterest how creative we are these days, reclaiming old wood into furniture, and buying cheap bookcase and adding molding to create an entire wall of storage that looks expensive. There is no need to blow money on expensive art when you can create something decorative and trendy for pennies compared to what you would spend on fancy art that no one will know the difference anyhow.
I am sorry to point out the (hopefully) obvious; you or anyone you know are not going to win the lottery. Office teams pool together, senior play the same numbers every week, and what does it bring? Lots of wasted money. Give up the scratch-off’s and the easy-pick’s and invest in something that will make you interest, which will equal money.
I will keep this short and sweet. Pet clothes look stupid, your dog does not enjoy and feels funny, and they are a complete waste of money. Save the embarrassment to yourself and your pet, and keep the money.
Outrageous Wedding Dress
We see the wedding dress shopping reality shows on TV where the spoiled bride gets a budget of $5,000-10,000 for a dress that she will hopefully wear for only one night in her life. Sure, it is an important day, don’t get me wrong, but although it is a great party, the memories will fade of what your dress looked like and you could have spent on a cheaper but elegant dress that still made you look beautiful.