The
fact is we all waste money at some point. But as adults, it is
necessary to identify some of these ways we virtually throw money away
and be responsible enough to learn to avoid it. It is better this way as
it will help to avoid stressful money problems in the future. Jumia
Travel, the leading online travel agency, shares 4 ways you’re throwing
money away.
fact is we all waste money at some point. But as adults, it is
necessary to identify some of these ways we virtually throw money away
and be responsible enough to learn to avoid it. It is better this way as
it will help to avoid stressful money problems in the future. Jumia
Travel, the leading online travel agency, shares 4 ways you’re throwing
money away.
Unused Memberships
This
is very popular particularly with Nigerians. We pay for club
memberships here and there, especially gym memberships, and end up
having little or no time (mainly because of work demands) to get our
money’s worth out of these memberships. The funny thing is these fees
are still renewed periodically. This money can be better used for
investment and legitimate business ventures that can secure your
financial future.
is very popular particularly with Nigerians. We pay for club
memberships here and there, especially gym memberships, and end up
having little or no time (mainly because of work demands) to get our
money’s worth out of these memberships. The funny thing is these fees
are still renewed periodically. This money can be better used for
investment and legitimate business ventures that can secure your
financial future.
Taking the ‘Upsell’
Marketers
know fully well what they’re doing with this. Many times, they attempt
to entice consumers with the word ‘free’ and cause them to make more
purchases (and thus spend more money) than was intended. There’s always
some promo or some giveaway to entice consumers to spend just a little
more (the puzzling part is that most times consumers don’t even really
need these extra things they spend money on). Avoid falling into that
trap and throwing money away thinking you’re making a good deal.
know fully well what they’re doing with this. Many times, they attempt
to entice consumers with the word ‘free’ and cause them to make more
purchases (and thus spend more money) than was intended. There’s always
some promo or some giveaway to entice consumers to spend just a little
more (the puzzling part is that most times consumers don’t even really
need these extra things they spend money on). Avoid falling into that
trap and throwing money away thinking you’re making a good deal.
Wasted Food
This
is very popular and to be honest one can’t really take the blame for
this. Mainly because of the erratic power supply in the country, foods
tend to spoil much sooner than they should. One way to manage this is to
do some meal planning that takes into consideration the erratic power
supply. Then, if you want to buy foodstuffs in bulk be sure you have a
plan B to help preserve it in the event of lack of or inadequate power
supply. You should also avoid grocery shopping when hungry; you tend to
buy way more than you need when you do.
is very popular and to be honest one can’t really take the blame for
this. Mainly because of the erratic power supply in the country, foods
tend to spoil much sooner than they should. One way to manage this is to
do some meal planning that takes into consideration the erratic power
supply. Then, if you want to buy foodstuffs in bulk be sure you have a
plan B to help preserve it in the event of lack of or inadequate power
supply. You should also avoid grocery shopping when hungry; you tend to
buy way more than you need when you do.
Failing to Negotiate
You
have to learn how to negotiate to get the best prices for yourself.
This speaks for itself and hardly needs more explanation. Another thing
you can also try to do, especially in cases where you can’t negotiate,
is to be patient and make your purchases at periods you know you would
be able to get good discounts and generally be able to take advantage of
existing promotions.
have to learn how to negotiate to get the best prices for yourself.
This speaks for itself and hardly needs more explanation. Another thing
you can also try to do, especially in cases where you can’t negotiate,
is to be patient and make your purchases at periods you know you would
be able to get good discounts and generally be able to take advantage of
existing promotions.
