Money Waster 2: Washing Clothes in Hot Water

Washing clothes in hot water helps you to get rid of stains faster. But a regular wash in hot water will make your laundry shrink and fade soon. Which means every now and then you will have to buy new clothes and spend more time and money over these garments. Hence next time whenever you wash clothes, wash them in cold water so that you can wear them for long and still look good.

Money Waster 3: Cheap Items

You load your shopping bag with low priced items and feel like you have saved most of your money. But in reality you don’t save, instead you waste your money more over them. Normally less costly things come in bad quality and they do not last for long. Where else buying branded products like Television, footwear, clothes and accessories which are priced higher, last longer and you will not even have to worry over their quality too.

Also check out: 8 Countries with Zero Income Tax