Thursday, July 26, 2012

Common Purchases that Make Us Poorer

Thanks to msnMoney for this great article about ten purchases that make us poorer:

10 Things That Make You Poor

Some things I learned:

1. Smartphones are made to make unnecessary purchases easier.  Like we need that.

2. If you drive a car for your whole life, you might easily spend as much as a half a million dollars just to drive.  We need to think about if it's really worth it.

3. Buying a lottery ticket is a waste of money.  Oh, wait, I knew that.

4. Money market accounts aren't worth it.

5. Credit cards are made to make you spend more money for nothing.

6. Rent to Own stores are the biggest waste of money.  I learned that one the hard way.

7. Watching TV now costs the average user 83 dollars a month.

8. A house isn't usually an investment, but a money pit (as the movies taught us).

No comments:

Post a Comment