9 Purchases That Make Your Money Go to Waste
What kind of primary expenses do people all over the world have? It’s very simple: food, clothes, accommodations, vacation time, health needs, and transportation. However, there is also that mysterious category called “Other.” According to research, an average person spends about $18,000 a year on things they don’t really need.
This means that expenses for things that are not vital end up being a decent part of our budget and, if we get rid of them, we could save money for big purchases, like buying real estate or going on a long-desired vacation.
Bright Side has looked through some points on popular to-buy lists and found items that are not even worth the money spent on them.
1. One-time use cosmetics
How many tubes are there in your cosmetic bag that have only been used once? Crimson eye shadows, black lipstick, purple glitter, etc... Though they seem bright and attractive when you’re buying them, in reality, they can hardly be used in everyday life.
Before making another purchase for your cosmetic bag, ask yourself, “Will I be using this item at least twice a week?” As surprising as it might sound, buying expensive and well-thought-out cosmetic items can help save your budget. While the habit of grabbing whatever you see, even if it’s cheap, drains your wallet.
2. Expensive toys for pets
Unfortunately, the following law also applies to our cute pets. In most cases, the more expensive the toy is, the less interest it causes in your pet.
Your cat will likely ignore a strange ball construction and get frightened at a radio-controlled mouse, but will get excited at a crumpled sheet of paper or a normal bottle cap. Your dog will gladly gnaw on any new toy, but will take care of the old stuffed rabbit they’ve been used to sleeping with since puppyhood.
If you want to make your pet really happy, simply pay more attention to them.
3. Sporting equipment
Are you determined to work out on a regular basis? Don’t rush to buy super-fashionable sports equipment for cardio. Practice shows that, in most cases, it will just gather dust on the balcony or in the bedroom, and become a new way to torture yourself. If you want to test your enthusiasm, sign up for a gym for one month.
Are you someone who doesn’t want to leave home to work out? That’s not an issue — get yourself an elastic strap for Pilates or dumbbells: they hardly take up any space. As for cardio exercise, fitness followers have developed many routines that don’t require any equipment, and where fat is burned no less actively.
4. Ill-conceived interior elements
When you find yourself in a hardware store, you are always tempted to buy that cute shelf, an armchair, or those cute curtains. Take a deep breath and stop yourself from doing it. When you return home, it’s likely that you’ll suddenly realize that there is no space for that shelf, that those curtains don’t match the walls and don’t let light in, while the armchair doesn’t fit in the necessary corner.
Before buying a new interior item, get a measuring tape and measure the place the new item is supposed to be placed in. Then think about why you need this thing, what functions it will perform, and if it will make your life more comfortable. If not, why waste money on an item that will just end up in your country house?
5. Purchases during vacation
“I probably had a sunstroke” — that’s what we think when unpacking our suitcases. An umbrella in a toxic green color, an outlandish hat with torn feathers, a bunch of trinkets that are already falling apart — there are so many unnecessary things that we bring back from vacation. It’s hard to believe that they will ever “pay off” the money spent on them.
Are you the one who can’t imagine a trip without shopping? Read recommendations on what things are worth buying in the country you are heading to and make a list of the things you really want to purchase. Even if a leather wallet costs almost as much as a dinner in a restaurant with 3 Michelin stars, it will serve you for many years. While an impulsively bought jar of curry in hopes of future culinary achievements will ingloriously die in the depths of the kitchen cabinet.
6. A huge set for a new hobby
Have you decided to start a new hobby, maybe knitting or panting? That’s a perfect idea. The only thing you should keep in mind is to not buy half of the shop, hoping to encourage your enthusiasm. There is always a chance that you’ll lose it, having realized that it’s not your cup of tea. Moreover, sometimes too many choices confuse us and we don’t know how to finish the first stage of the hobby when the second one seems so much more interesting.
Start with small things: paper, pencils, and watercolor for arts, a crochet hook and several skeins of thread for knitting. The times of deficit are over and the things you need can be bought at any moment. Don’t become a hamster who stores everything in the depths of some junk drawer.
7. Stuffed toys
It’s not just kids who get excited about stuffed toys. And each of us can probably admit that we only had 1-2 toys that we liked and have warm memories about. The rest of the stuffed animals just gathered dust — they became uninteresting several days after the purchase and we felt pity when trying to throw them away.
If your house lacks warmth, get yourself a couple of soft pillows and blankets: they will make you feel comfortable both mentally and physically. Moreover, getting rid of them won’t cause heavy and sad emotions in you.
8. Outside sports equipment
It is extremely unprofitable to buy a bicycle or roller skates to only use them a couple of times a year. There are many rental options for a variety of sports equipment (from a classic bike to a Segway) in modern parks. It will be much cheaper than buying an item that will only be taking up space in your home.
It’s a totally different thing if you ride a bike or a scooter to get to work. In this case, this is the perfect way to save money by not spending it on public transportation, as well as bring more activity to your life.
9. Electronic accessories
With the modern development of technology, gadgets are being constantly updated, as well as additions to them. That’s why a freshly bought Walkman soon ended up lying on the shelf, because you started to listen to music on your phone. You no longer need a wireless keyboard, because when sitting with it on the couch, you won’t be able to see the screen anyway.
Before following your temptation, ask yourself, “Do I really need this gadget?” Oftentimes our old items haven’t broken yet and perform all the necessary functions perfectly. Is a heated USB cup holder really necessary after all?
Have you ever made purchases that you regretted? Please share your stories in the comments!