6. Furniture: Furniture is one among the things which people would like to change once in a year. There is no harm in buying a new one but why to go for new when you can get the same at cheaper or low rates. Good office furniture are built to withstand heavy use and a great used desk or file cabinet will work better same as a new one does. Even for home furniture you don’t need to go to a shop and buy a brand new one, instead you can go shop online where you will get huge discounts on any furniture you buy.

7. Formal dresses: Formal and designers dresses are something that you don’t use often, you just need them in some occasions like marriage, parties etc. Thus buying used formalwear could ensure you get a better product that too at a cheaper price. People purchase suits and gowns just for one time wear then why to waste money on the new ones. Online shopping is the best for such materials where you get all these formal dresses at comparatively low prices.

8. New car: Think before you buy a new car. A car is truly a means of transportation to get you from one place to another.  A true fact is that cars lose their value as soon as they leave the factory floor, so even if you buy a new car after two days its resale value will be less. According to Auto experts at Edmunds.com, the moment you drive a brand new car off the lot it loses roughly 11 percent of its value and it continues to depreciate between 15 percent and 25 percent each year for the first five years.  Buying a brand new car is everyone’s dream but it is always better to go for a second hand car as it will save you from paying installments, EMIs, initial cost and insurance. The only thing you need to do before buying a second hand car is just accompany a driver and check it overall to make sure that it doesn’t need a major repair.

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