Budgeting Tips – 25 Biggest Wastes of Your Money
June 14th, 2010 by John Thomas
Here is a list of the 25 biggest money wasters:
1. Lotteries
2. Buying a new car every few years
3. Anything that is “new and improved”
4. Credit Life Insurance
5. Investing on the advice of someone you have never met
6. Fancy Restaurants
7. Buying something on sale that you don’t need
8. Courses that teach you how to buy real estate for no money down
9. Optional cable television services
10. Investing in something you don’t understand
11. Life insurance for children
12. Spending vested pension benefits when you change jobs rather than rolling them over into an IRA
13. Boats
14. Credit card loans
15. Buying Property you have never seen
16. Gold cards
17. Lavishing expensive gifts on loved ones and friends – or on yourself
18. Driving to work alone
19. Lending money to friends
20. Holding on to investments for sentimental reasons
21. Sunroofs
22. Designer-label clothing
23. Low interest savings accounts
24. Buying anything to keep up with the Joneses
25. TV Shopping
If you are trying to complete a budget to take control your money and save for your financial goals, then you can use this spreadsheet to help you calculate your monthly budget or you can purchase this budgeting software that allows you to track your budget over time. This program is inexpensive and very easy to use.
If you are looking to buy a home or refinance your current home and would like to apply for a mortgage, you can apply online here, or you can call me at 302-703-0727, or send an e-mail to DelawareMortgages@yahoo.com
John R. Thomas
Certified Mortgage Planner
Primary Residential Mortgage, Inc.
302-703-0727 DE Office
www.PRMIDelaware.com
I am a Delaware native who has been actively involved in the Mortgage and Finance industries for over 10 years. Call me at 302-703-0727