BANGALORE: Most people say they are interested in saving money, and invest it or spend it in some other way. But despite the benefits of putting some money away, most people take a passing interest in actually doing it.

Do you ever wonder where all your money goes? Or do you ever feel as if there is a hole in your wallet? Perhaps, you spend money on what are commonly thought of as money wasters?

Wondering what the money wasters are, let’s have a look at some of them:

1. Buying impulsively

Whenever you are about to buy something, do you ask yourself, “do I really want or need this?” and “do I really think I will use this?” If your inner mind tells you no, then better listen to it. Whenever you are shopping you don't give yourself time to think but rather shop for the best price.

Resist the urge to make an impulse purchase by giving yourself a cool down period. Try to go home and sleep on the decision. But if you still want to make the purchase a day or so later, do your comparison shopping, check your budget and go for it.