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5 Things You Shouldn't Waste Your Money on

There are many ways in which our money gets depleted unnecessarily; expenses that we believe are good for us but turn out to be a complete waste of money. Let’s save some of our hard-earned money and highlight some of the areas that definitely don't need another pesewa. Below are 5 things you shouldn’t waste your money on.

 


1. Trying To Impress People

Those who care don't matter and those who matter don't care, an apt statement that’s so true. Why spend your money on trying to impress people who don't care about you anyway or vice versa? You're not cheese, you can't make everybody happy, so don't waste your time and money on this fruitless exercise. Real friends don't care about your material belongings, they care about your integrity, your heart and you.

 

2. Driving Everywhere

We are so quick to hop in our cars to drive everywhere, even just to shop down the road. It's a habit and like any other habit, it needs to be unlearned. You should not be spending money on unnecessary fuel and wear and tear of your car. Every mile you put on your car, you're a mile closer to needing your next service, a mile closer to needing new tires and a mile closer to changing brake pads.

 

3. Network Marketing

Also known as multi-level marketing or pyramid schemes, these business models operate with the allure of being your own boss. They attract those hoping to supplement their income and sadly, it never quite pans out the way people hope. It's great that you want to be your own boss but going out and buying 50 boxes of this revolutionary skincare range and trying to sell it is not your answer.

 

4. Mentorship

This could be looked at in two ways; if someone is seeking payment for being a mentor, then they're not being a mentor for the right reasons and if someone is buying a mentorship versus earning a mentorship, then they're also not in the right position for that guidance. A mentor is someone who allows you to see the hope inside of yourself. With that in mind, do you think paying a mentor would reap the same results? No! They're just getting paid to do a job a true mentor won't want payment; they want to see you flourish and have confidence in your ability. If you want to know how to find a true mentor, then read a previous article titled 5 Reasons You Should Have a Mentor and How to Find One.


5. Being Pennywise Pound Foolish

You found this great deal; the store 30 minutes away from you is selling 18 rolls of toilet paper for a bargain so you drive there and take advantage of this great deal. You've now wasted fuel. Time, wear and tear on your vehicle plus when you arrive there's a line of people snaking around the block all trying to buy the toilet paper at this bargain price and then guess what, they're sold out.

While you are out trying to save a few cedis, you've wasted more than the initial savings and if you do manage to get inside for that coveted trip, you end up spending what you would have saved on other items you didn't intend on buying.

 

It's not your salary that makes you rich, it's your spending habits. Thanks for reading. See you in the next article.

Content created and supplied by: InfoLab (via Opera News )

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