5 Ways You Waste Money
Who isn’t a money lover? I mean, we all claim to love money and yet we end up wasting it. Where did that love go? Did it vanish all of a sudden? Or is it like your love transformed towards those new earphones or that new dress? In this blog, we try to pinpoint those 5 ways you waste money so that you may be able to mould your spending habits. Smart living does not begin by buying Smart Electronics, but by becoming a Smart Spender.
1. Branded Consumerism
The first way that almost everyone wastes money is by indulging in Branded Consumerism. For example, purchasing a very expensive smartphone when your main purpose for the cell phone is to just use WhatsApp and watch videos, or purchasing clothes from branded stores when instead you could save so much money if you use thrift stores of the age. Some of them are providing branded products at throw-away prices.
2. Smart-Tech Frenzy
Undoubtedly this era of technology is amazing and we love the progress all around, but is it really necessary for you to have every smartwatch or smart bot or those expensive wireless earphones? Whenever you feel that urge of owning that next smart product, stop and think, Do I really need it right now? What problem is this solving? Is there an economical alternative available? Have I checked WIO AI?
3. High-Flying
It’s simple! Do not start online shopping when you are high! That’s it! Most certainly you will end up wasting your money by making poor choices and purchasing all the unrequired stuff. Read about Smart Living in 21st Century here!
4. Carelessness
To be careful and attentive was taught to you since you were a child, however, it is numerous times that you would have lost your cellphone or wallet or glasses, etc. All this loss will need replacement and shall take away your money. Start taking care of your things or you’d end up wasting your money.
5. Feel-Good Spending
Also known as Emotional Spending, feel-good spending is when you start online shopping to seek comfort. It’s okay to purchase something once or twice a year to make yourself feel good but it becomes a problem when your frequency of Feel-Good Spending increases. Hold on to your emotions and let WIO AI assist you in making sure your emotions don’t let you waste your money.
Here’s a short poem for you:
Hey, You! Hey, You!
If,
Unrequired spending and binge buying,
Then,
Pockets will be empty and you’ll end up crying!
So,
Remember your goals and love for Money,
Finally,
WIO AI is almost here, don’t you worry honey!
-TeamWIOAI
WIO AI saves you from all the aforementioned vices so that you don’t indulge in money wastage anymore and it helps you spend towards your life goals. Subscribe WIO AI, if you haven’t yet. Check out our YouTube channel here.