Which are the biggest wastes of money in our life?

Every one of us spends too much cash on something out there. After all, money in and of itself is unusable if not we are spending it. That being said and yet, some of the daily things individuals spend their money on are an utter waste and a total scam. What do you think Guys, Which are the biggest waste of money in our life?

Money in our lives is a vital one. we spend money in such a way that we without equal for our self needs & general needs.
however, wasting money is dependent on the activity of the person and the impact of the act. and the biggest activity that wastes money is distinguished from every person.
and the requirements and activities are unique to them.

So the most important activities that waste money in our lives depends on the cost and effect of each person. these are differ from the viewpoint of every human being.:o

Quote:

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Originally Posted by Bairavi

Money in our lives is a vital one. we spend money in such a way that we without equal for our self needs & general needs.
however, wasting money is dependent on the activity of the person and the impact of the act. and the biggest activity that wastes money is distinguished from every person.
and the requirements and activities are unique to them.

So the most important activities that waste money in our lives depends on the cost and effect of each person. these are differ from the viewpoint of every human being.:o

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Hi Bairavi,
I totally agree with you, waste of money differ for person to person according to their lifestyle, earnings. Can you tell me which is the biggest waste of money in your own point of view?

Yes, definitely


When we spend our money, we do not know or lose it. in my view, the biggest waste of money in my view is the following:


01. Spending for recreational activities.
( Unwanted conversations with communications, unnecessary tours, gym operations, lottery drawing, betting, gambling etc.)


02. Purchase of long-term non-standard quality items.
( Consider only the present.)


03. Operating to meet their needs in easy manner.
( Fast foods, bribery, purchase of cosmetics at high prices, etc.)


04. Operations against our health.
( Alcohol consumption and smoking habits )


05. Make luxury expenses in order to follow luxury life.
( Purchasing excessive items etc.)


06. We know that we are not necessarily interested in purchasing products for self-esteem.


07. Mindful of investing money to know that they are beyond their capabilities.


It is therefore noteworthy that money is lost in our ignorance..

Quote:

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Originally Posted by Bairavi

Yes, definitely


When we spend our money, we do not know or lose it. in my view, the biggest waste of money in my view is the following:


01. Spending for recreational activities.
( Unwanted conversations with communications, unnecessary tours, gym operations, lottery drawing, betting, gambling etc.)


02. Purchase of long-term non-standard quality items.
( Consider only the present.)


03. Operating to meet their needs in easy manner.
( Fast foods, bribery, purchase of cosmetics at high prices, etc.)


04. Operations against our health.
( Alcohol consumption and smoking habits )


05. Make luxury expenses in order to follow luxury life.
( Purchasing excessive items etc.)


06. We know that we are not necessarily interested in purchasing products for self-esteem.


07. Mindful of investing money to know that they are beyond their capabilities.


It is therefore noteworthy that money is lost in our ignorance..

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You have listed out many things Bairavi, And I mostly agree with the 1st, 2nd and 4th point

Thanks a lot Bhavya...:)

If you have anything to say in your view, please share .......

Quote:

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Originally Posted by Bhavya

Every one of us spends too much cash on something out there. After all, money in and of itself is unusable if not we are spending it. That being said and yet, some of the daily things individuals spend their money on are an utter waste and a total scam. What do you think Guys, Which are the biggest waste of money in our life?

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Spending more money on marriage is a total waste. Inviting 1000-2000 people for a marriage out of which we hardly know 10% from the whole crowd. Instead, we can use that money to provide food for children and old people and also education. If not, we can invest that money for our own future.

Quote:

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Originally Posted by subasan

Spending more money on marriage is a total waste. Inviting 1000-2000 people for a marriage out of which we hardly know 10% from the whole crowd. Instead, we can use that money to provide food for children and old people and also education. If not, we can invest that money for our own future.

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Totally agree with you subasan, We should conduct a small family wedding instead of doing a big fat wedding.As you said we can use that money to feed poor children and get the blessing, Which is more important for our life.