NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Lifestyle News / Avoid these common lifestyle mistakes that can empty your pockets
    Next Article
    Avoid these common lifestyle mistakes that can empty your pockets

    Avoid these common lifestyle mistakes that can empty your pockets

    By Apurva P
    Jan 18, 2024
    09:55 am

    What's the story

    In the fast-paced rhythm of modern life, it's easy to fall into habits that, unknowingly, have a significant impact on your finances.

    From small, everyday choices to larger lifestyle practices, certain behaviors can act as silent money-drainers, leaving your wallet lighter than you would like.

    Keeping away from some of these common practices could actually save up a large amount of money.

    Mistake 1

    Eating from outside quite often

    The average cost of a quick meal is Rs 200. It adds up whether you dine out twice a week or every day.

    Reserve dining out for exceptional events and opt for lunchtime leftovers. Prepare a lunch and store some snacks in your backpack for your weekend errands.

    You will definitely make healthier eating choices and waste less food.

    Mistake 2

    Choosing a low data plan

    Selecting a mobile plan with the least data isn't always the best option, particularly if you consistently go over your monthly limit.

    The cost of data overage varies from company to company but is typically quite substantial.

    Turn on alerts, use Wi-Fi whenever possible, or get an unlimited plan to prevent using more data than you have.

    Mistake 3

    Paying the minimum for your credit card

    You are headed straight for financial disaster if you treat your credit card as free money. The best way is to treat your credit card in the same way that you would a debit card.

    Try to pay off the entire amount each month to avoid incurring interest fees, or look for a credit card with a lower interest rate.

    Mistake 4

    Paying for too many subscriptions

    Subscriptions for streaming services, magazines, and other recurring expenses may seem small individually but collectively can become a significant drain on your finances.

    Regularly assess and trim unnecessary subscriptions, and declutter your phone frequently.

    Carefully examine via your memberships, services, apps, and subscriptions. Unsubscribe from any subscriptions that you haven't used in the last couple of months or more.

    Mistake 5

    Mindless brand loyalty

    Avoid filling your cart with just branded products. Blindly sticking to specific brands or premium products without considering alternatives can strain your budget.

    Remember that price and product quality does not always go hand-in-hand, be it food, cosmetics, clothes or any other item.

    For each category, there will be affordable options with the same quality. Make sure to try them and make the switch.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Lifestyle
    Shopping
    Personal Finance

    Latest

    James Anderson hails Virat Kohli as one of the greatest James Anderson
    Jaishankar's security upgraded with 2 more bullet-resistant cars Amit Shah
    Jaguar's wildest EV yet is coming to India—Here's when  Jaguar Land Rover
    Cannes: Why Halle Berry was forced to change her dress Cannes Film Festival

    Lifestyle

    How body doubling helps individuals with ADHD Mental Health
    Ice skating 101: Essential tips for an enjoyable glide Winter
    Hosting a New Year party? Try these decoration ideas Lifestyle
    Weight loss woes: Common mistakes to avoid Weight loss

    Shopping

    Souvenirs from Rwanda that you should buy Travel And Tourism
    Must-buy souvenirs from Bosnia & Herzegovina Travel And Tourism
    Must-buy souvenirs from your trip to Madurai Travel And Tourism
    Traveling to Lucknow? Bring home these souvenirs Lucknow

    Personal Finance

    5 government saving schemes to help you grow your finances Lifestyle
    How to start saving once you start working Lifestyle
    Dhanteras 2022: Skip gold jewelry and invest in these instead Diwali
    5 frugal hacks to save money that actually work Lifestyle
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025