The fact is we all waste money at some point. But as adults, it is necessary to identify some of these ways we virtually throw money away and be responsible enough to learn to avoid it. It is better this way as it will help to avoid stressful money problems in the future. Jumia Travel, the leading online travel agency, shares 4 ways you’re throwing money away.

Unused Memberships

This is very popular particularly with Nigerians. We pay for club memberships here and there, especially gym memberships, and end up having little or no time (mainly because of work demands) to get our money’s worth out of these memberships. The funny thing is these fees are still renewed periodically. This money can be better used for investment and legitimate business ventures that can secure your financial future.

Taking the ‘Upsell’

Marketers know fully well what they’re doing with this. Many times, they attempt to entice consumers with the word ‘free’ and cause them to make more purchases (and thus spend more money) than was intended. There’s always some promo or some giveaway to entice consumers to spend just a little more (the puzzling part is that most times consumers don’t even really need these extra things they spend money on). Avoid falling into that trap and throwing money away thinking you’re making a good deal.

Wasted Food

This is very popular and to be honest one can’t really take the blame for this. Mainly because of the erratic power supply in the country, foods tend to spoil much sooner than they should. One way to manage this is to do some meal planning that takes into consideration the erratic power supply. Then, if you want to buy foodstuffs in bulk be sure you have a plan B to help preserve it in the event of lack of or inadequate power supply. You should also avoid grocery shopping when hungry; you tend to buy way more than you need when you do.

Failing to Negotiate

You have to learn how to negotiate to get the best prices for yourself. This speaks for itself and hardly needs more explanation. Another thing you can also try to do, especially in cases where you can’t negotiate, is to be patient and make your purchases at periods you know you would be able to get good discounts and generally be able to take advantage of existing promotions.

Source: http://www.opinions.ng/4-ways-youre-throwing-money-away/

cc: Lalasticlala, Mynd44

Haha.... Their father.... Ftc
Them no fit stop my shine

Please like to celebrate my first Ftc

Money wey no dey, dis one d talk about waste

really

Okay

Noted.

Trying to impress a babe...

Subscribing to watch porn

Mtcheee.....Nonsense write up

AroOkigbo:
Trying to impress a babe...

Are you serious.... lols

Ok

Some guys no dey gree Negotiate/Price once dem sight Babe around, them go dey form... VANITY!

Oga u know ol dis and u r not part of the top ten millionaire for naija.......ishhhhhh for u joor

Not guilty of any, but i don't like to negotiate petty amounts like 10,20 or even 50#. I like to believe the sellers need the money more than i do.

AbdOla:
Mtcheee.....Nonsense write up

Which one have you written? Smh!

Abegi

I see

hmmmm

Opinionated:

Wasted Food

Guilty as charged.

You that's not throwing money away, how are much are you worth ?

BE VERY CAREFUL IN LIFE
Trump is 70
Hillary is 69
Obama is 55
70+69+55=194
Nana Addo is 72
John Mahama is 59
NDC is 3 letters
NPP is 3 letters
Therefore 3+3+72+59=137
USA is 3 letters and nigeria is 7 letters.
5+7=12
....
...the truth is that this is just a meaningless post, I just wanted to waste ur time. If you don't understand, I'm in my house, come and beat me

Sending hundreds of recharge cards to girls that will never be your wife and won't give you pússy

hmmmm

Op.. Don't forget to put bet9ja for guys

No 5. Buying data to read dumb shit on Nairaland.

Spending about 100k to woo a lady, after she is woo'ed, you later realize the thing is not different from those Allen Avenue ladies, that would only charge 5k......