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In a fast-paced world where spending can happen automatically, we must review our shopping habits to make mindful decisions. From big events to everyday items, here are things you should be aware of before handing over your money.

Weddings

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“If you say “wedding” to any vendor or business, the prices go way up. It’s ridiculous.”

Weddings are a special day for couples, but mindlessly spending money is a recipe for disaster. There’s no one-size-fits-all for the appropriate wedding size, but if you’re taking out loans to pay for your big day, you’re most likely overspending.

Funerals

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“Private mortuaries rely on returning families so they have to do a good job to survive. NEVER go to an SCI location: I worked for that company for 2 years too long and it’s astounding how little they cared about people. They had NO issue nickle and diming everyone while doing the bare minimum, if that.”

Groceries

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If you don’t make a grocery list before heading to the grocery store, be prepared to spend a few hundred dollars.

“Even if I just need a short small list specifically for the dinner I’m making that evening, it’s always $50-75 dollars for just a few items. I feel like in the past two years groceries have just skyrocketed.”

Housing

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The housing market was rough during the recent pandemic. If you were lucky to find a house for sale, you’d pay $50,000-$100,000 over the asking price. With the current high mortgage interest rate and high home prices, it takes time for many to buy a home. You can still do so, but many homes must be overpriced.

Airport Food

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With or without inflation, airport food has been overpriced. Like buying popcorn at your local movie theater, the food here will be average at best but will cost you double or triple the average cost. You’re better off taking water and snacks before heading to the airport.

Healthcare

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If you’re lucky to have good medical insurance from your employer, your costs may be appropriate. However, paying for healthcare outside of an employer will have a high price tag.

“Yes! Even with insurance I have a bill for my child’s birth at around $30,000. And my OB didn’t even pick up the phone when I went into labor. Nor did her backup. I had to get an emergency c section so I was charged accordingly.”

Higher Education

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Education will always be important. However, the way we receive our education is changing. Fee education online is becoming readily available. So, it’s no longer making sense when you factor in the tens and thousands of dollars required to go to college. Many companies are starting to remove college degrees as a requirement as long as candidates have experience.

Coffee

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If you’re paying more than $5 for a cup of coffee daily, you’re spending over $100 monthly for coffee alone. Paying for coffee daily is extremely overpriced, especially when you get a month’s worth of coffee for one-third of the cost. You can still treat yourself to premium coffee, but doing this daily will drain your wallet.

Car Insurance

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Car insurance can cost a few hundred dollars if you’re a new driver, regardless of age. Additionally, your premium will go up when you file a claim or are in an accident.

Being Single

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You’ll get fewer tax breaks if you’re unmarried and have no kids. Additionally, you’ll be paying more expenses by default since you need help from a partner.

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After the unfortunate loss of their father, a gripping family saga unfolds as three siblings find themselves entangled with conflicting desires over their family’s home. While certain siblings are determined to honor their father’s legacy by offering his widow a portion of the inheritance, others grapple with a profound dilemma.

Siblings and Widow Fight Over Inheritance of Childhood Home, but Deed Settles Dispute Once and For All

He Receives Inheritance From Biological Mother but Also Feels Entitled to Stepmother’s Estate, Sparking Controversy

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When a woman’s stepson inherits a windfall, she strives for what’s fair while planning her estate. But her husband’s disapproval sparks a thrilling twist, forcing her to question her choice.

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Retired Couple Keeps Their Millions a Secret; After Needy Family Discovers Wealth Unwanted Financial Demands Follow

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A couple worked tirelessly and embraced frugality to amass a substantial retirement nest egg. As they approached semi-retirement, they were confronted by financially irresponsible relatives seeking assistance.

Retired Couple Keeps Their Millions a Secret; After Needy Family Discovers Wealth Unwanted Financial Demands Follow

She Buys Nephews’ Lottery Tickets for Fundraiser, After Hitting the Jackpot They Demand a Refund

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When a woman and her boyfriend hit the jackpot in the Christmas lottery, jealously quickly forms. The boyfriend’s sister and her sons, who sold them the winning tickets, demand a slice of the windfall. This unexpected demand ignites a heated battle, leaving the couple with doubts about their decision.

She Buys Nephews’ Lottery Tickets for Fundraiser, After Hitting the Jackpot They Demand a Refund

Greedy Sister Snatches Largest Diamond Inheritance, but Has Meltdown Over Diamond’s Real Worth

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Bound by love for their fashionable mother, two sisters face an unexpected divide when it’s time to distribute her inheritance. While both seemingly receive an equal share, one sister soon discovers a hidden truth that shatters their relationship.

Greedy Sister Snatches Largest Diamond Inheritance, but Has Meltdown Over Diamond’s Real Worth

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Chris founded FWO, the ultimate destination for those looking to achieve financial independence, explore the world and stay motivated daily.

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