Don't spend money on stupid stuff
First I will give you examples of stupid things.
- Fast Food.
- Brand Name Products.
- App Purchases.
- Subscriptions.
- Unused Gym memberships.
- Lottery.
- Extended warranties.
Ok now we discuss these topics
Fast Food
I know it’s quick and I know how hard it is to find the time to cook at home. It is imperative that you stay healthy on your journey to a rich life and you must save money. fast food completely destroys those. I know! now you think about how we do it. it's true. it's definitely hard. but you can find out a lot of organic food selling places. I don't hope to recommend any places. because it's not for me. it' for you. so you can find out it using your choice.
Brand Name Products
We are addicted to brand name items.why we want to brand name? we can find out a lot of items for better than brand name items. Even when we taste-tested, there were very few items for which liked the brand name items better. Most tasted exactly the same, and we often found a store brand that we liked better.if you can do good research, you can find a good product and you can save 30% in your money.
App Purchases
Nowadays a lot of peoples waste money on the app purchase and some items(Gems, UC, ).think a while, some games are reached over a billion profit in game utilities.
Subscriptions
"Most of Netflix’s revenue comes from subscriptions, and they have over 130 million subscribers, and the site alone can take up about a third of all broadband in North America"
- You can see how Netflix earns. Netflix isn't the only streaming service in the world.
| Monthly price after free month ends on 1/1/20 | USD7.99 | USD9.99 | USD11.99 |
This is the package plan of some streaming service
- I think you don't need to buy a premium package. If you just need a package you can buy a standard package. I think it's worth.
I didn't tell you, don't buy a streaming service. I tell you, don't buy a premium package until you will be rich. (I mean until your success)
Unused Gym memberships
Every January, hoards of people flood their local gym to sign up for memberships, by March, the gyms are almost empty. Almost every person that has “gym membership” listed in their budget that I’ve worked with went to the gym less than 4x a month, which means that they could pay per diem and save money. Or better yet, find a way to work out at home like a Fitdesk or a Fit2B membership that doesn’t require a contract and high monthly rates. If you’re using the gym then it provides value for you, that’s great! But unless you’ve proven to yourself that you can consistently work out for several months, then you’re burning money every month. There are quite a few ways to lose weight for lower costs found in this tool and resource guide for weight loss.
Lottery
The lottery drives me nuts. We’re so focused on getting an unexpected windfall that will solve our financial problems forever that we never even look into what happens when people win the lottery. It’s not good.friends.When you get a large amount of money without building the skills needed to manage that a large amount of money, it’s likely that you’ll lose all of it and incur more debt than you can handle. Skip the lottery, and invest in yourself instead. Do you have a hobby that could be turned into a business? Maybe you love photography or writing? Invest in a small business that you can scale up (and skill build) over time
Extended warranties
These are almost always a waste of money. This is a good article to explain extended warranties, but the cliff notes version is that extended warranties for electronics, jewelry (engagement rings where you have to get them cleaned every 6 months in order to keep the warranty? Terrible Idea), and cars are all bad ideas.
"Stay Rich." this topic will post next Monday.
Thanks For Reading!
Please comment if you have any questions.👍👍👍
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