How to Spot a Money Waster
“Something you keep on buying that just isn’t worth your hard-earned dollars.”
That’s Kristin Colella’s definition of a “money-waster” in her article published March 23 in the online magazine MainStreet.
Colella cited Rick Kahler’s recommendation: “Some of the best money a consumer can spend is for a subscription to Consumer Reports.” & I agree.
An interesting article.
You may pride yourself on your haggling skills or your sixth sense for sniffing out a great deal, but even the savviest of shoppers can fall prey to a “money waster” – something you keep on buying that just isn’t worth your hard-earned dollars.
Sometimes it’s those candy bars and celebrity magazines you throw in your cart at the grocery store checkout, while other times it’s that product that needs endless repairs. Money wasters are different for each person, but there are some red flags everyone can watch out for that could indicate a product or service is sucking you dry.
Read on for our tips on how to spot a money waster in your own life.