We all spend on different things. Some of them are unreasonable decisions of spending money but are in smaller amounts so the expense of a day does not make you realize but if individually calculated a day for over a month we realize of how much expense works out in a month on one petty thing.
They add up to a substantial amount which could have been avoided otherwise.
The simple logic of money spent today is lost for tomorrow still applies. Some of these little expenses are the things we really want.
Mentioned below are those 6 things we spend the maximum on which could be managed a little more practically:
• Coffee
• Pizza
• Smoking
• Manicures/Padicures
• Lunch at work
• Partying/Golf etc.
The little things add up, you might choose to pay more attention. What’s your money pit? Have you ever tried to calculate the long-term cost? Calculate it and you will know of how much of your expenses are a pain. The presumption is that if you hadn't spent this money, you would have saved it and earned an average of 8% on your investments.
So the next time you spend that buck for fun? Think again!
Source: http://financiallyfit.yahoo.com
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