Top 6 Mindless Money Wasters
Curated from: investopedia.com
Ideas, facts & insights covering these topics:
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Convenience Stores
Convenience stores add a huge markup because they don't purchase food in large quantities. They make you pay more for the convenience they provide.
Unless it's an emergency situation, avoid shopping at convenience stores.
380
2.3K reads
Cell Phone Plans
Using a cell phone plan that does not suit your needs, or paying for extra services that you do not use can be costing you money each month.
Compare and determine which plan provides the most value based on your needs. Get rid of the extra features like text messaging and mobile internet if you are not using them.
334
1.18K reads
Soft Drinks at Restaurants
Soft drinks have one of the highest markups of any restaurant item and thus provide lower value for your money.
Dine out, but consider to rather opt for water.
341
1.49K reads
Unnecessary Bank Fees
If you don't know what fees your accounts are subject to, spend a few minutes finding out.
Examine the rules governing your checking and savings accounts. Consider consolidating bank accounts to avoid unnecessary fees.
296
1.19K reads
Magazines
If you like to pick up your favorite magazine from the local store, consider getting an annual subscription.
The cost of a couple of issues at the newsstand is enough to cover the entire annual subscription.
260
1.24K reads
Annual Credit Card Fees
Most people should not be paying annual credit card fees.
A host of Visa, MasterCard and Discover cards have no annual fee, yet many people pay $100 or more a year for the privilege of holding a premium credit card.
276
1.47K reads
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