Some unnecessary expenses that can be avoided
One big mistake that we all can avoid are some unnecessary expenses. Let's take my pwn case as an example. I recently had a Sony ericsson k660i cell phone ( Rs10,000/- ). That cell phone was not even a year old. I have a bad habit of taking my cell phone with me inside the washroom. Suddenly one day the cell phone fell inside the toilet seat and it was done. I had to buy a new cell phone, there was no other go. That month we had some excess cash and hence I got my hands on a new cell phone. I bought a Nokia 7210 supernova ( Rs5400/- ). So my entire expense within one year for the same purpose was Rs15400/-, which on invested would have been a useful asset. A lot of people do the same mistake. Though this is a very small post but could explain a lot. Lesson: Avoid purchasing things which you do not need. Think twice before buying something.