Sunday, December 22

Worst 11 Ways to Spend Your Retirement Savings, According to Experts

buying appliances
Photo by hedgehog94 from Shutterstock

You’re famous for impulse shopping

We get the drill, and the occasional impulse purchase is totally fine. After all, you deserve that expensive bottle of wine or anything else that makes you feel better. However, like any other celebratory moment, if you do it too often, it doesn’t hit as hard.

We don’t say you shouldn’t get anything for yourself, but when impulse buying becomes regular, this might have a negative impact on your finances. If you want to indulge yourself less, make a habit of going to the grocery store with a list. And if you plan to make bigger purchases, carefully plan them out. This is another aspect of your life that might need budgeting.

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