Making big purchases is an easy and obvious way to blow money. But there are also silent expenses that drain your wallet and savings. PennyGem’s Johana Restrepo has more.
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00:00Making big purchases is an easy and obvious way to blow money, but there are
00:08also silent expenses that drain your wallet and savings. Underestimating the
00:14costs associated with buying a new home or signing a new lease can cost you your
00:19savings or a big portion of your paycheck. Money Talks News points out
00:24that gadget junkies usually spend a lot of money on the latest and greatest tech.
00:29You're better off buying used or refurbished in most cases. Go to the
00:34grocery store with a list and a game plan so you don't overfill your cart. And
00:39of course, never go to the store hungry. Dining out and going out with your
00:44friends is a good way to reward yourself and have some fun. Do it too often and
00:49you will see your financial health suffer. Gym memberships or club
00:54memberships can add up, and if you aren't using them as often as you should, why
00:58even have them? The Simple Dollar recommends finding inexpensive ways to
01:03stay in shape or to entertain yourself.