The Worst Things to Spend Your Money On

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By: Sarang Ahuja

Transcript of The Worst Things to Spend Your Money On

Page 1: The Worst Things to Spend Your Money On

THE WORST THINGS TOSPEND YOUR MONEY ON

S A R A N G A H U J A F I N A N C E . C O M

By: Sarang Ahuja

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OVERVIEW

As we live in a society where it's almost

impossible to spend money, it's important

to be frugal if you want to save money.

Instead of spending money on the

following things, focus on alternatives.

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Many people believe that high end

brandnames have better quality,

products and ingredients, however,

many generic items are made up of

the same things. Brand names can

cost 50%-70% more than generic

products. You can save a lot of

money on groceries and clothing

by shopping generic.

HIGH-ENDBRANDS

1.

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Your typical daily coffee run may only cost you $2 a day,

however, that can add up to over $1000 per year! Spending

money on coffee and water bottles on a daily basis can cost

you more than you think. Consider investing into a coffee pot

and reusable water bottle to save money throughout the year.

COFFEE &BOTTLEDWATER

2.

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3. ATM FEESYou shouldn't have to pay to money

to get ahold of your own cash.

However, frequent trips to the ATM

can cost you a lot of money over time.

Instead, take cash out by making a

withdrawal at your personal bank.

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The convenience and ease of online shopping allows

consumers to shop whenever they have a spare

minute, overall spending money on items that are

unnecessary. Online shopping also comes with high

shipping and handling costs, compared to just walking

into a store and buying an item you may need.

ONLINESHOPPING

4.

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