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Sure we always need things, from clothes to smartphones to laptops.

It does not mean that you have to go to a supermarket and dive money every time the brand-new products just launched. Such as the new car you drive off the lot is already losing half the value. Well son, congrats on the latest used car you've just bought. Keep this in mind now; there are a ton of things that you can purchase second-hand and renew it.

Take into account rentals for things that you seldom use. You certainly won't buy 80 seats and a tent for the reception in the backyard. I mean, just how many times can you use a wine glass?

Below are five examples of items that you undoubtedly shouldn't buy new. The cash you save will be a much-needed supplement, or a benefit to your savings account for your emergency fund.

1. Save a lot on your ride

New cars are for those who are either wealthy or who scoff at the price and think it's worth it. The savings made from purchasing pre-owned products (I know that sounds better than "used") for most consumers are so significant as to resolve reluctance.

One tactic: try to search at almost new cars with an UpToDate model year and small kilometers.

"Buying a used car that is a couple of years old with components could ultimately cost less than a new car which is only basic. Although, you have to avoid cars that damaged by the frame, flood, or any accident," said Darren Newberry, executive vice president, CarMax stores, a used car dealer.

2. Baby on a budget

What is the most popular thing about babies that you know? Right, they are all grown up so quickly.

There is no point in wasting a lot of items that they will use for a brief time.

Save cash by borrowing, renting, and buying second-hand baby equipment, says Fran Maier, CEO, and founder of BabyQuip, a platform for renting baby equipment. For example, a costly baby jogging scooter may run over $300. And you may need a baby backpack for just one annual family event. How crazy is that? On the other hand, renting will only cost around $10 and $15 a day.

Maier states that parents often lease higher-priced equipment for several days before deciding to buy it.

If you purchase used tools, including toys, always check a product recall list. The SafeKids.org site has a monthly reminder list. Sign up for Consumer Product Safety Regulator recall alerts. Just make sure that a second-hand car seat was never in an accident.

It's not just tools; you can also project it for everyday clothes and toys. "My kids are tough on their toys, and parts are constantly missing and misplaced," said Wendy Juvenal Mays, an accomplished parent, and financial freedom podcaster.

"I think buying brand-new toys is like looking your money thrown into a flame," she said.

She purchases used stuff in garage sales and flea markets to reduce frustration. "The children just really don't give a damn about their toys," she said. "For now, they only knew that its new for them and feel happy about it."

3. Gadgets luxury for less

If you buy refurbished appliances, you can still save thousands of dollars, and you still have a ton to choose from.

Chris Raymond, Deputy Electronics Editor at Yonkers, New York Consumer Reports, says that "The list [ of what is available] begins to longer and longer,"

Samsung and Apple both provide their products with refurbished smartphones, tablets, and laptops. "And restored headphones," said Raymond. So now you can get some of value deal from Beats and Bose headphones.

"Just be smart and aware cuz not all retailers identify refurbished in quite the same context as a company does."

For instance, Apple and Samsung could do more than just polish a smartphone. They will look at many parts and replace them. "You're getting a new battery, a new outer case, new earphones, a new cable," he said. "When you purchase from the right store, you get a new phone and function like a brand-new phone."

Beware of the warranty, because it varies. "Samsung and Apple always offer a one-year guarantee." Though there plenty other stores that only offer 90 days guarantee.

The beautiful thing is good value. A smartphone will range between $300 and $500, about half of a new phone costs., according to Raymond.

4. A wallet-friendly bottomless closet

A special event means using anything you seldom wear or own.

For decades, people have borrowed formalwear, but now all ladies do too!

Rent the Runway has reduced the price of a costly dress, so instead of your monthly rent, it is comparable with dining at the restaurant now. A Badgley Mischka evening dress (retail: $935) is available for $55 to $70 lease, depending on how many days you need.

The company began with big event dresses and went into clothing rentals for business days.

Melanie Hamilton, 40, sells to a large technology corporation and a fan of a subscription plan for her clothing, as it ensures that her apparel does not have to be much monotone.

Hamilton said, "I actually purchase [only] my bags and shoes." She estimates her savings at about 1,000 dollars a month because she wants a fashionable wardrobe.

Other clothing stores, including Ann Taylor, have also started offering fashion subscription services, which can reduce the cost of purchasing new clothes.

5. Before you invest in a hammock ...

It's fun to choose a new routine or hobby though it can be expensive too.

In fact, not only skiing hobby can be pricey, but also equipping a teen for hockey can be up to 1000 dollars.

If you are just starting, consider buying used gear or just rent. One father also started to sell valuable sports equipment.

Most people don't camp regularly. Rather than jump in and purchase tents, stoves, bags, containers, and supplies, consider renting. REI, Eastern Mountain Sports, and many other sports apparel stores are happy to offer you a taste of the product before purchasing.

That is all five things that you certainly don’t need to buy a new one. Therefore, try to consider borrowing from your family or friends first. Only, if you really need it and you like it you can decide to buy the pre-owned one. All in all, always remember that it’s your money and it’s your choice to use it for.

Have you ever bought into the idea that you have to work under the sun all the hours to be productive?

If so, then probably your day will look like this...

You wake up first at dawn, get to your workplace super soon, and start working. If you have lunch, you decide to skip it and choose to eat at your desk so that you can continue working. While your coworkers start leaving at the end of the day, you stay late while you try to complete all your tasks and assignments in vain.

You're excited about what you feel you're doing for a couple of months. But over time, you realize you aren't as successful as you think, so you fight to keep up with the hectic.

If you're truthful, that you don't make any drastic improvements within a year, you will be burned out.

What’s the Connection Between Minimalism and Productivity?

One thing to grasp is that the connection between minimalism and productivity is unknown (but definite).

If you don't understand minimalism, think of it this way:

Execute a project as easy as possible.

This could include finding a way to deal effectively with your documents or how to give priority to essential duties that can ignored. It can even mean 100 percent concentration on a particular task.

Minimalism aims to facilitate your work... and make it more productive!

As an example, you may find that you can do this in half the time that it has taken you before if you have streamlined the way you create reports. All it required was initial time and creativity to find ways to make the task as easy as possible.

If you're running out of time at work, take a step back and start looking for ways to make your job simpler. Any task you simply can save a considerable amount of time (especially if measured over periods of weeks and months).

Despite what you learned in school or university, minimalism and productivity are fundamentally connect with each other.

8 Ways Minimalism Can Boost Your Work Productivity

So how can you apply a minimalist method to your work?

Now, let's take a look.

Write a daily to-do list.

Begin your professional day with a to-do list (either on a note or via an app). It takes just a few minutes to outline what you want to do in the day to come. And how this simple task can liquefy your ideas and help schedule your fantastic day.

Identify essential tasks.

Once your to-do list is finished, look more closely. Do you have two or three tasks to complete today? If so, could you identify them? In most cases, critical tasks jump into your to-do list. Ensure that you mark them as VVT (Very Vital Tasks!).

Cut non-essential tasks.

See your to-do list for a second time. Are there activities you have listed that you really don't have to do? You may have listed some meetings, for example –but are they all really urgent? When you take a limited view of your to-do list, you will be sure to find items you can ditch off your list.

Learn to focus and defeat distractions.

You have to start understanding strong focus to be a practical minimalist. When interruptions can not be avoided (like those of loud conversations in an open-plan workplace), then by developing up a strong mental focus, any distraction will no longer bother you!

Turn tasks into daily habits.

Daily habits can be unbelievably powerful. They can break down complicated tasks and convert them into regular treatments! For example, you can work in a hotel and have to clean the block of flats in and out every week. You will need one hour to complete the cleaning. Alternatively, you can create a regular exterior cleaning routine for 10 minutes every day. This method is simpler and much more pleasant than working on the job for a full hour. It will also make it a habit for you, so you wouldn't have to force yourself to accomplish it.

Stretch time.

Are you aware that time can be stretch? This is indeed the case. Let's say I give you three hours to create a presentation of Google Slides. You start the job, and if you're like other people, somewhere around the three-hour mark you can finish it. Now try visualize if I told you that you had to build it in 90 minutes instead of three hours. Guess what, you could do that! That's really what I mean by maximizing time. Give yourself less time to execute the tasks to save this valuable resource.

Be aware of the Pareto Principle.

You may not be aware of the term Pareto, but I'm sure you heard about the 80/20 term. Well, it's a similar thing. This rule says that only 20% of our efforts will produce 80% of our results. From the opposite angle, 80% of our efforts will only lead to 20% of our achievements! The key is to be aware of the 20% of actions that produce most of our results. Identify these actions, concentrate on them, and increase your productivity.

Take regular breaks.

When you have many activities and plans ahead of you, it is daunting to ignore breaks (including lunch). Evidence has shown that the staff who take normal regular breaks are more successful than people who fail. There are a few explanations for regular breaks supported by evidence, including the fact that they help us keep focusing on ourselves, help us recall information, and help us reassess our priorities. Don't let your coworkers force you to continue working. Take regular breaks and then see your performance increase immediately.

So let's begin to add these minimalist methods to your life. You will be shocked by how much more comfortable you are and how much more successful you are!

Everybody has made an enormous mistake from time to time. So, these small errors are not hard to fix for you, smart people. Though, these habits can prove a problem to your credit when they become a habit, your desire to save for retirement goals, and your financial security.

The Ascent has put a microscope on the typical US spending habits over the last several months, and some, particularly in terms of trends, have emerged. Below are five of the most frequently reported and destructive spending habits that keep you from living your desired life.

1. Pile up credit card debt

According to research by The Ascent, People in America gain their first credit card and progressive credit tendencies by over sixty-four percent of Americans. Between those surveyed, the typical credit card debt was over $6,000. Strangely, the age of a person using their first credit card receipts appears to contribute to the risk of liability and the amount of debt. Only until they become 25 years old were those who received a credit card did the best in the two areas.

Credit card debt is such an issue, as the interest rates are so high that balances can quickly spiral out of control. If you only pay a minimum amount each month and continue to use your credit card to buy new items, then your debt will probably increase over time rather than decrease. It's not easy to pay off your credit card debt, but if you ever hope you can save money from credit card debt for the long term.

A focus on the debt with the highest interest rates is one of the best methods of doing this. Make minimum payments every month on all your cards. Then you pour any additional money to the highest APR card. Once the balance been paid, move the next highest APR on your card. Keep doing so until the entire credit card debt reimbursed. You might also attempt to transfer your balance to a zero percent introductory APR or to take a private loan to cover your liability so that your monthly payments can be predictable.

2. Concentrating too much on your credit card's rewards and not its charges

According to The Ascent study, credit card usage by generation is what people care most when applying for a credit card. This concern can happen because the reward for credit cards is more attractive than cash, but this is not the only factor that you need to think about. Also necessary are annual fees, overdraft fees, and APRs, particularly for those who are in debt with credit cards and are aware of their payments delayed.

These factors play a decisive role in how much you'll be costing your credit card. And if you take a tremendous amount of debt, the higher interest rates could cost you more than you earn. Many of those surveyed admitted that they could not understand what APR means. Mainly because they failed to see beyond credit card payments. This incomprehension might prove devastating if credit card users underestimated the cost of carrying a balance.

3. Maxing out credit cards

In a survey on the use of credit cards by generation, 52% of the people surveyed were guilty at some point of upgrading their credit cards. For two factors, this is dangerous. Firstly, you're going to fall into debt if you cannot reimburse what you owe at the end of the month. Secondly, your credit card maxing shows heavy credit dependency and damages your credit use.

It is the ratio of your monthly amount of credit to the amount that you have at your disposal and accounts for around 30 percent of the credit value. Ideally, lenders like to see a 30 percent or less credit use ratio; as long as the figure is above zero, the lower it can be kept, the better. Of course, if you have a credit limit of $10,000, try limiting yourself to a maximum of $3,000 per month.

If this isn't possible, consider applying or paying your credit card bill twice a month for an increase to your credit limit. The credit agencies will only check your balance at the end of the month so that you can spend more money half a month without increasing the use of your credit.

4. Spending money on stuff, you don't really need

Unnecessary spending is one of America's most popular current bad habits, with 79 percent stating they're spending more money on Wasteful expenditure in The Ascent's study. A few of the most prevalent wasteful practices were throwing out residue or allowing food to expire, consuming too much fast food, purchasing excessive prices, and buying impulses. Survey respondents projected that they spend an equivalent of $1,668 per year of $139 a month.

It's easy to fix this problem, but it needs a desire to change lifestyles. You may need to cook more at home and budget for taxable buys rather than spending at a low cost. It's also a smart idea to combine your monthly expenses and search for other areas where you can reduce costs, such as canceling your subscriptions.

5. Lying to your lover about how you manage money

According to Ascent's financial infidelity study, more than 70% of people in serious relationships have committed some form of financial infidelity. Women were slightly more likely than men to be responsible for this. Hiding or lying about the costs of a good, protecting a transaction, and hiding debt are common crimes.

These may look like white lies at that time, but if discovered, a relationship can lead to conflict. You should better sit back and talk to your partner about your financial objectives and expenditure practices and how you should be able to purchase items in your desired lists.

These are some money errors you can make, and you are doing remarkably well if you manage to avoid the five listed above. Take steps to fix them if you convicted of one or more of these financial sins. Finally, you can live a more stress-free life without worrying about debt at all.

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