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And thats just a waste.
Go through his list of five ways people mindlessly waste money to see if any apply to you.
Sounds good, except he never ends up eating them.
So the $7 he spends on those items is pure waste.
Its likethrowing his money straight into the trash.
You probably have one or two wasteful habits in your life without even realizing it.
So, attempt to think about the things you regularly get rid of or throw out.
Are any of them things you could just stop buying entirely?
Identify them and then resist the urge to buy them again next time around.
The key to these habits is that you dont need to stop them altogether.
Williams even said, I dont want to quit eating out because it does add value into my life.
Instead, you should work oncutting back on these habits so theyre not excessive.
When you cut back a bit, youll actually get more enjoyment and value from the items youre purchasing.
Theyll be more special.
Williams suggested, Ask yourself, Why am I doing this and whats the solution?'
Then, the question is, whats a better solution than just going out to eat all the time?
Williams decided batch-cooking meals would be a great option for him.
Think about the possible reasons behind your wasteful habits and what alternative solutions you could use instead.
Not Setting Rules
When you havebad spending habitsin place, it can be hard to break them.
Youll probably still be tempted even once you identify them and know why youre wasting money.
Thats why Williams recommended setting rules youre not allowed to break.
Your rules can be anything that works to help keep your wasteful spending habits in check.
The rule helps curb impulse spending.
Having a set budget gives you a concrete number to keep in mind.
Then, when you hit that limit, you know its time to stop.
For example, say you spend too much money on clothes.
Adjust your limits to your habits, goals and budget.
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