Be not upsold

One of the easiest ways to overspend is the upsell; an upsell is simply buying one or more things after you've already spent money.

A well-constructed sales pitch will always look like a natural enhancement to a purchase; and, usually their whole purpose is not to add value but to diminish your wallet.

Not all upsells are negative; but, being wary of them will often save money the gross majority of the time.

By way of example, here are several negative upsells:

Gas Station Car Wash
* Plan ahead: Rarely a good deal unless you're already planning on car wash
 * Know their primary focus: Gas station car washes are not typically high-quality

Electronics Store Extended Warranty
* Plan ahead: You should already have some idea of how long it will actually last
 * Looking forward: Instead, "spend" the money as savings for the next gadget

Online shipping
* Plan ahead: Purchase early enough that no rush (usually the worst value) is required

A far more effective use of resources would be to be prepared for the upsell; usually saying no is the best course of action.


References provided here: http://extramargin.blogspot.com/p/references.html

Make your own drinks

One of easiest ways of spending money is on things a person feels they deserve.
There are a number of vendors which serve this niche.

As an alternative, considering separating what you do appreciate about those things from their cost; doing so will allow you to find alternatives to most of the ways in which you might be paying to feel good.

Here are three concrete ways to regain money margin:

1. Make your own drinks (Save up to 92%)

2. Make a dinner that results in excellent left-overs

3. Sleep

A far more effective use of resources would be to master the difference between need and want.

Be frugal

One of the easiest ways to feel wealthy is to spend money; it does not, in fact, matter whether the money is yours - simply having the ability to engage a shopkeeper, select an item based upon preference alone, and provide some form of payment, lends an air of authority and respect and acceptance.

The problem, as with so many things, is that this is a fleeting, temporary feeling.  It is vaporous.

An additional problem is that there are countless ways to experience the same feeling without the actual ability to make payment; from this is the desire and use of credit born.

The cost of credit, however, is almost without comparison to other forms of limitation.  Unlike simple physical examples of cost, the cost of credit can potentially require years from which to recover.  Add to this its potential for addiction and you have the making of way to reduce or eliminate all sorts of freedoms for the sake of the ability of the vaporous.

A far more effective use of resources would be to never use credit.