There are many ways to waste money. Most times it’s because of a math error where we think we are getting a better deal than what we think. Other times, it simply because we get overly excited about something and the idea of being smart with our money goes out the window.
But whatever the reason, the fact is, the more we spend money unintentionally, the further away we get from reaching our financial goals. This means it will take longer for us to have the down payment for our house, it will be longer until we get to experience the tropical vacation we want to go on, and longer until we are able to retire.
The solution then is to stop all of the ways we waste money. But how do we do this and where do we typically waste a lot of money?
Below are 3 areas where many of us waste money the most. I’ll also talk about some simple tips to help stop you from wasting money in other areas of your life too. [Continue reading]