Familiar with a disappointing bank balance, despite efforts to save? Often, it's not a strange force but our financial habits. Here's what's hurting your wallet:
Frequently aiding friends in constant financial trouble may deplete your resources and add emotional strain. Worrying if they can repay can stress the relationship. Encourage professional help.
Drinking out regularly can become an expensive habit. The cost of drinks, transportation, and food can quickly add up, leaving you with less money for other expenses.
Buying a car often involves hefty loans with high-interest rates that can strain your budget. Prioritize purchasing a car that fits your budget, not your desires.
The diamond industry's inflated expectations, suggesting engagement rings cost a minimum of two months' salary, pressures couples to overspend, risking financial stability.
Smoking cigarettes is costly and linked to health issues like lung cancer and heart disease, leading to high medical expenses and impacting financial stability.
Multiple EMIs can lead to substantial debt, impacting your credit score and making it hard to secure future loans. This can induce financial stress and difficulty managing payments.
Ignoring early signs of dental issues can lead to costly treatments like fillings, crowns, root canals, or extractions. Treat at first sign to avoid high-cost procedures.
Brands often have big markups exceeding product value. Your payment might cover marketing, brand recognition and luxe packaging, not quality or functionality. Ensure your $40 jar of honey is worth it.