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Monday, September 4, 2017

10 Expensive Money Mistakes We Should Totally Avoid




I come from a middle-class family. I bought my first branded product when I was in high school. It was a pair of Levi’s jeans. And it was only a few years back that I could afford to buy a luxury item. I understand the need to own fancy products to get that high. But sometimes it’s not worth it. After making a few mistakes, I realized there are some things we should totally avoid. And here are 10 such:
Buying expensive electronics on the launch date
There is definitely a thrill in buying new technology. For some of us, this experience is so overwhelming that we pre-order. But no matter how strong a brand is, wait at least a month. Check online reviews and tech-reports. Chances are the new product may not have enough features to justify the price tag. Paying a premium just to get hands on new product is not a shrewd choice. Postpone the purchase till there are enough reviews to guarantee that you’re spending money on a good product, not a mere upgrade.


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4 comments:

  1. I became an official Kanjoos this month at the supermarket spending some 1,300 bucks for the entire month and it's the Saru effect. Love your money motivation post.

    ReplyDelete
  2. Totally agree. Especially with the antivirus thing. People look at me with awe when I tell them, I don't have any commercial antivirus bought and installed.

    ReplyDelete
  3. Acchi tips hain, husband aur bitiya ko bheja hai, wahi log bahut money waste karty hain
    👍👍

    ReplyDelete

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