RBI mandates that Late fees can be charged only 3 days after due dateLate payment of Credit card can attract Interest and Late fees which is really a waste of Money
Extended Warranties
Car Warranties cover only break downs and not regular maintenance. Warranty also comes with Terms and Conditions which are not useful for the consumer
Annual Maintenance Contract
In AMC upfront payment is too high and you get only few preventive check up. In each check - up you end paying some charges toward damaged equipment
Subscription for Entertainment Platform
We normally subscribe to various Streaming Platforms like Netflix, Sony LIV etc. However, we end up watching only one regularly. Therefore paying annual subscription to multiple platform is a waster of money
Hoarding Unwanted Products
Many of us hoard products anticipating a need some day. However, except critical medicine we shouldn't hold any not required material
Landline Phones
Most of us use mobile phone for communication. However, we still have Landline phones. You should keep Landlines phones that comes free with your internet connection
Impulse Spending
As a Golden Rule when you feel you want a new Gadget or Sneakers. Don't purchase it right away. Give it 2 or 3 days. If you still feel the need than Purchase it.