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.