Misuse of money

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Written by
3 years ago
Topics: Strategy, Life

Saving money and building a pillar of the future is the same thing. We misuse money in many cases. But we don't even realize we're doing anything but wasting money. A survey found that people in the circle misused more than $ 1,000 a year. And in that case the middle class abused those 500 years. But we can easily prevent this abuse and save for the future. The amount of money starts from very little but at one time the amount of money is a lot. In words, every object is made up of tiny dots. In the same way, if we save even a small amount every day, the amount of money will be much higher at one time.

So how can we save money by preventing misuse?

To know the answer to this question, we must first know what the misuse of money is!

Misuse of money-

Misuse of money is when money is spent unnecessarily. For example, if you like to eat fast food every day, smoke, place sculptures where necessary, buy more than 1 private vehicle, go to the hotel every day to buy expensive food, use drugs, buy unnecessary items, etc.

How to save money?

Money can be saved in various ways such as-

  1. Use of public bus

If you use your own means of transportation, your cost will be twice as much as usual. People spend more than $80-$100 a month using private vehicles. Which is really unnecessary. Better a poor horse than no horse at all. As a result our body will have such exercises on the other hand will save money.

  1. Seven Star Hotel / Five star hotel-

Almost all of us go to different places. And when it comes to touring, staying in our hotel is almost deprived. Then we have to rent different hotels. And then we rent different 5 star or 6 star hotels. So we have to pay around-100-150 per night to stay. If we go to stay in a lower class hotel then we have to pay only 20-25 dollars. In that case the difference is more than 100 dollars. And there is not much difference in opportunity. So why would we spend so much extra money to stay one night?

  1. Expensive Food-

I have seen that in some hotels or restaurants there is a bottle of water for $20, and that is only a 500 ml bottle. How does the price of a little water mean so much? Because you have visited many expensive restaurants. You have a lot of money, you can afford to spend on any food. The price of ordinary food is skyrocketing there. While every meal costs $5-$10 in a typical restaurant, it costs $40-$50 in a good restaurant. Although both the quality and quantity of food is good in a typical restaurant.

  1. Shopping

People like to shop. But if you do extra shopping out of necessity, it is a waste of money. When you go to the market, you may like different things, but that does not mean that you have to buy everything. And this buying tendency is seen more among girls.

  1. At home for various purposes

We waste unnecessary money on various things, including suppose you just waste electricity in different ways including home fans, washing machines, heaters, electric bulbs, different types of colored lights. As a result we have to pay extra money as electricity bill. It has been calculated that we get an extra bill of $3-$6 per month and $50-$60 per year. The amount is much higher.

  1. Others -

At different times we buy more expensive mobile phones for better use. A good quality phone costs ০০ 300- ০০ 400. Which is capable of doing all things except our daily use. But we increased that budget and bought a phone of $1000- $2000. Which is a complete waste of money. We also buy a variety of fancy items at high prices at home. Through which our savings are much less.

We can avoid this extra cost if we want to. Our awareness, proper use of money and proper planning can save us from wasting money.

Hope you like my wrote. Thank you for giving me your valuable time.

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3 years ago
Topics: Strategy, Life

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