Savings Stopper: Shopping

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Shopping is not intrinsically evil. But if done without too much thought, it can literally wash out all your savings in a snap. Both women and men are guilty of compulsive shopping and spending money on unnecessary things. If you are to shop for pleasure, do so with cash, not with credit cards. When shopping ask yourself “do I need this?” and “can I afford this?” Try as you can- not to spend on signature clothing and branded items. With enough effort, you can surely find an item that is inexpensive that are made with high taste and quality.

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