Mistakes to avoid while saving money

Augusta

VIP Contributor
When you are trying to save money, you never to take precautions and take away from some mistakes that might thwarts your money saving journey. You need to know these mistakes so that you can look for a way to avoid them.

Mistake of leaving Money on the Table
You need to stop letting good opportunity of money making pass you by. When this happens you are losing money that you would have gotten to save more

Mistake of making Major Purchases Without Comparison Shopping

This is another way you are hindering your saving balance from increasing. When once you just buying indiscriminately then you are depleting your savings because money you would have saved is going down.

Mistake Keeping Unused Services & Memberships

You are wasting money on services yiu are not using. Of course you are using up money that woulf have been in your savings bank account and you are depleting it.

Mistake of .Overusing Credi cards
When once you overuse your credit cards you are setting yourself up to deplete your savings which is a huge mistake.
 
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eldavis

Guest
These are good points, I believe it would be a lot easier to avoid paying for services or running services you do not have a need for by knowing your needs from your wants. Most persons usually find it hard to separate their needs from their wants, hence they end up spending on things they do not need at the moment.
 
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