This post was inspired by one of my favourite personal finance websites, The Financial Diet. Check out their version of the article here.
‘Don’t buy shit you don’t need’ – how many times have we all heard this six-word money advice? It sounds so simple, right?
The thing is, the definition of ‘shit you don’t need’ will differ greatly from person to person. What I think I don’t need and can cut from my budget is someone else’s necessity item, either required for their life/work or something they decided is worth the expense and thus budgeted in (instead of budgeted out).
Here are 15 things I have personally stopped buying and realised I didn’t miss.
#1 – A Car
Sometimes, the fact that I don’t own a car really surprises people around me. It’s considered a rights-to-passage-to-adulthood expense, something people buy as they start working.