5 Sneaky Habits That Are Making You Poor – Without You Even Noticing

Bad Spending Habit

In our consumer culture, spending money on things you don’t need is easy. When you form a habit of purchasing non-essentials, it can take a massive toll on your finances.

From playing the lottery to getting your nails done, these habits can quickly empty your wallet if you’re not careful.

There are subscription plans for everything, from streaming services to monthly dog toy boxes. If you’re not careful, you could sign up for a subscription you think might be fun but never actually use, like a weekly bird-watching newsletter.

Signing Up for Subscriptions You Don’t Use

Like gambling at the casino, playing the lottery rarely turns out in your favor. The popular U.S. lottery Mega Millions only gives you a one in 176 million chance of winning the jackpot. Yikes!

Playing the Lottery

Millions of Americans have access to fresh, clean tap water that is safe to drink. So why on Earth do so many of us purchase bottled water instead?

Drinking Bottled Water When You Have Access to Clean Tap Water

While I love going to get a pedicure at the nail salon occasionally, I refuse to make it a habit. I can buy a bottle of nail polish for $5 on sale, and it will last me for years, while one trip to the nail salon costs around $30 to $45.

Getting Your Nails Done at the Salon

Gym memberships are wildly expensive and are only truly worth it if you go multiple times per week and use most of the available machines. And do you go to the gym all that often? I know I don’t.

Gym Memberships

Swipe up to continue reading!

Visit WealthyNickel.com to learn how to save money and invest!

More posts:

Poverty Finance: 10 Extreme Things Only People Who’ve Truly Been Poor Have Done to Save Money

Stop Living Poor: 12 Ways Almost Anyone Can Supercharge Their Savings