THINGS THAT ARE WASTE OF MONEY
In this article, we are going to look at biggest ways of wasting money.
1: cigarettes: Cigarettes are bad for you. They are proven to cause cancer and a multitude of other illnesses but despite what you tell yourself and unlike other substances such as cannabis, there are actually no real benefits to smoking cigarettes, especially when it comes to the money in your pocket. There are, however, hundreds of reasons to quit. To begin with, cigarettes do not just contain tobacco, they contain over 599 additives these 599 additives turn into
four thousand different chemicals through the chemical change of burning the tobacco. 69 of these chemicals are known to cause cancer. Some of the chemicals that cigarette smokers deeply inhale include carbon monoxide and nitrogen oxides.
2: Designer clothing and fashion: If there was ever an absolute scam this is it. Billions of people around the world have been brainwashed into believing that brand names equate to better quality and cool factor. While this may be the case in some instances, it is not the norm. Whether it be sunglasses, watches, hats, handbags, pants, jackets, shoes or any other material possession, much of the world is not happy unless they have an item made by their favourite designer. The problem is that designers charge insane amounts of money for products that often cost them about the same amount as it costs Walmart to make their products. The difference is that they claim their name and a minimum amount of labour is worth the hundreds.
3: Playing the lottery: You actually have a better chance of being killed by a mountain lion or becoming president of the USA than winning the mega millions jackpot or the mega bucks slot machine jackpot.
4: New cars: Buying a new car is one of the best ways to cut your money into little pieces and throw it to the wind. The moment you drive your shiny new vehicle off the lot, it depreciates in value by up to 40% of the price you just paid only seconds before. So if you pay $25,000 for a new car, within seconds of the purchase it is worth only $15,000. By the end of the third year, your four wheeled baby is worth about forty percent of its original price.
5: Bottled water: Bottled water is next on the list. Not only is bottled water a completely unnecessary expenditure in all, but in most of the cases it is also extremely detrimental to the environment and your wallet. While there is an ongoing debate regarding the safety of many plastics and various other ingredients found in plastic bottled water, what is not debated is the effect on environment. Bottled water clearly affects the already heavily burdened environment in a highly negative way. Just because you throw your plastic bottles in the recycling bin does not mean that the bottle is being reused. It’s probably being dumped right into a landfill or the Pacific Ocean. Every bottle you buy and toss away has on average a twenty eight percent chance of actually being properly recycled.
6: Extravagant Weddings: Weddings one of the prime sources of gossip on facebook and wine of the eltz and that stressor is for couples and relatives alike. Weddings are romanticized and embedded deep into the psyche of little girls from the time they are toddlers. Since time, immemorial humans have simply accepted that the culmination of success and happiness in a relationship must lead to a budget crippling single day expenditure called a wedding. Of course, most weddings just hand in the creation of bridezillas and couples taking out a few additional loans to base the foundation of their future lives.
7: Paper towels: One ton of paper towels is equal to 17 trees and 20,000 gallons of water. 3,000 tons of paper towels are produced in the US each and every day. That means that each day approximately 51,000 trees and 60 million gallons of water are used.
8: Diamonds: Many people purchase diamonds and jewellery as gifts that symbolize true love. This was not always such a widespread practice though, giving a diamond ring as an engagement gift is only about a century old. Furthermore, the only reason people do it as usual is because a very clever business convinced all of us that it is not only a great idea but crucial one. At least diamonds and other precious jewellery are a great investment, right? Wrong, the myth has been dispelled. Time and again, the value of jewellery rises at about the same rate of inflation but good luck selling your jewellery at even half that price. The biggest issue with trying to sell jewellery is that high-end stores generally do not buyback precious stones and metals at the amount they would offer. Sellers would be embarrassingly low as they would have to offer them the wholesale price and not the insanely high market price that we all pay. Diamonds and jewellery are horrible waste of money
9 Fast food: Quick, convenient, cheap and a total waste of money. In 1970, Americans spent 6 billion dollars on fast food. In the year 2000, that number rose to 110 billion dollars and continues to rise year after year. To give you a better perspective of these numbers, every day 25 percent of the adult US population shoves fast food down their fullest. Fast food might seem like a bargain but the truth is that you are scamming your body and wallet with every bite you take.
10: University: While some countries enjoy free university and college, some are stuck paying prices that a middle eastern oil mogul would be awed by. From 2008 to 2010, the average tuition cost for American universities rose by 15%. For some schools, it was even as high 40%. Some universities which are not included in those averages could cost even more. University education is not a waste of money for everyone out there but for a huge percentage of the population it absolutely is.