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Whenever you walk into any store, you can easily be overwhelmed by the variety of products on offer and convince yourself that you need every little thing off the shelf.
But let us ask ourselves, do we actually need all these things?
How many of these items will collect dust in the corner only to be thrown away months later?
I’m sure this thought has crossed everyone’s mind at least once while shopping!
In this article, we’ll discuss purchases that consumers often make but rarely use, helping you save money and keep your house clutter-free.
Read on for our guide to smart spending!
1. A Drone: A One-Time Toy
Drone technology has come a long way in the last few years.
You can now get little machines that offer amazing features like 4K video recording and geo-fencing as well.
However, if you don’t have an immediate need for it, then stay away from investing in one of these expensive toys.
Just because they’re fascinating to fly around doesn’t mean you should make purchases that will just sit around and collect dust.
2. New Boat: It’s More Work Than Fun
Boats are usually a purchase that’s made with some form of intention.
Whether it’s meant to be used for leisure, racing, or fishing, the cost associated with boats means they’re not something you should buy on a whim.
Before making such a large investment, make sure you have the resources and time to maintain and use it regularly.
3. Air Fryer: Inadequate Substitute
During the pandemic, many people sought comfort in culinary adventures.
The air fryer, promising healthier and tastier meals, became a must-have gadget. However, it was soon realized that food cooked in the air fryer doesn’t taste the same.
4. Telescope: Terrestrial Tragedies
Stargazing and exploring the mysteries of the universe have always captivated people.
Thus, acquiring one seems like a ticket to a celestial adventure. Unfortunately, for many, the fascination fades after witnessing the movements of the planets a few times.
5. Apple Watch: Time is Money
Is anyone not attracted to the promising seamless connectivity and multiple features of an Apple watch?
Yet, once the initial excitement comes off for many, it becomes nothing more than a glorified notification hub. Soon it becomes more of a bedside table accessory than a wristwatch.
6. Nintendo Wii: Failed Workout
When this first burst onto the gaming scene, it captured the imagination of millions. The idea of immersive, motion-controlled gameplay seemed revolutionary.
Yet, the initial excitement quickly faded. One says they expected it to replace exercising but soon learned you can play equally well without using your muscles too much.
7. Nail Art Supplies: Cladded Claws
Pinterest boards filled with intricate nail art designs inspired many to purchase many supplies, including polishes, stickers, and nail tools.
However, the reality of the time and effort required for nail art may not use them.
8. Exercise Equipment: False Fitness Promises
Exercise equipment was being bought left, right, and center with the advent of the coronavirus.
The allure of sculpted bodies and a healthier lifestyle prompted many to invest in treadmills, weights, and much more. However, as time went by, the equipment transformed into nothing more than dust collectors.
9. Professional Camera: Convenience Catastrophe
The desire to capture life’s precious moments led one to invest in a high-quality camera.
But the fear of breaking it and lack of motivation prevented them from venturing beyond occasional shots. Moreover, with top-quality cameras in the latest smartphones, it is more convenient to use them over this heavy equipment.
10. Designer Clothing: Too Good to Wear
One user mentioned she bought a dress from a Parisian brand, Rouje. The gorgeous dress took over her rational thinking.
While it is elegant and looks like it belongs to a Bond girl, there is practically no place the user can think of wearing it. It hangs idly in the closet, a silent testament to unfulfilled dreams of extravagance.
11. Piano: Interactive Decor
The romantic idea of playing beautiful melodies on a grand piano seduces many into purchasing one.
However, the difficulty level of learning how to play it makes it more likely to become a decorative piece rather than a source of musical joy. At least it looks good sitting in your living room!
12. VR Headset: Reality Undone
When virtual reality first hit the market, it seemed like a groundbreaking innovation that would revolutionize entertainment. However, one mentions that many overestimated their inner ear’s ability to cope with the disorienting effects of VR.
The once-anticipated headset now sits untouched for most, buried in a drawer, a reminder of the mismatch between expectation and reality.
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Saving money can be hard, especially if you are looking to have $100K in the bank.
But while it feels difficult, don’t let this stop you. Here is how you can save $100,000 in nine steps.
21 Tricks Advertisers Use to Get You to Spend Money
When it comes to spending, we all like to think that we are in control. The truth is, advertisers know exactly how to get us to spend more than we intended.
By understanding their tactics, you can be better prepared to resist them and keep your hard-earned dollars in your wallet.
Are Hybrids Worth It?
Many people think buying a hybrid car will save them money.
They base this on the fact they will buy less gas, which means saving money. But they don’t take into account the higher cost of a hybrid vehicle.
Can this difference make a hybrid more costly to own?
Slash Your Monthly Bills
With inflation rising, your monthly bills are likely getting out of control.
Luckily, there are some simple steps you can take. Use this guide to help you save up to $7,000 a year on your monthly bills.
How To Get Free Food With No Money
If you are short on cash, not eating doesn’t have to be a reality.
There are options out there that allow you to get free food, even if you don’t have any cash. Here is what you need to do.
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I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.
Visit my About Me page to learn more about me and why I am your trusted personal finance expert.