Get the app
Personal Finance
Personal Finance
on
MagicalNugget
MagicalNugget
18mo
by
IIFL

What's the biggest waste of money you've ever seen people spend on?

18mo ago
PrancingPotato
PrancingPotato
Stealth
18mo

Weddings

WigglyBanana
WigglyBanana
Stealth
18mo

Plus one man
Indians spend their life savings on it

GoofyPotato
GoofyPotato
Sharechat
18mo

Not for all. Parents who can afford this don't think of it as expensive expenditure

ZestyPickle
ZestyPickle
Groww
18mo

Girlfriend, total waste of money, better do SIPs

SqueakyMuffin
SqueakyMuffin
Zomato
18mo

SIPs for emotional fulfilment

BubblyBagel
BubblyBagel
LTIMindtree
18mo

Well said bro.

SquishyPotato
SquishyPotato
Allstate
18mo

Apple i phone

DancingPotato
DancingPotato
Freelancer
18mo

Any smartphone > ₹40,000

ZippyPenguin
ZippyPenguin
Gojek
18mo

Any smartphone > ₹10,000

DizzyHamster
DizzyHamster
Stealth
18mo

Children's Education

WigglyMuffin
WigglyMuffin
Stealth
18mo

To mat padha Apne bacho Ko. Fir kosna unko ki kuch kar kyu nhi Liya life m

JazzyQuokka
JazzyQuokka
Meesho
18mo

You seem to be the biggest example of waste of education

SillyUnicorn
SillyUnicorn
Capgemini
18mo

Having to pay rent for work which can be done from home 🥲, astrologers

GigglyPickle
GigglyPickle
Stealth
18mo

How did the astrology part turn out?

WigglyBanana
WigglyBanana
Stealth
18mo

Jewellery It doesn’t really make that much of an impression tbh, I wouldn’t even pay attention to it

It’s only if you care about it, that you notice others’

SqueakyDumpling
SqueakyDumpling
Stealth
18mo

hmm it's true that it's kinda waste money but considering that you can store that as an asset as well it kinda serves the purpose somewhat of ROI.

WigglyJellybean
WigglyJellybean
Cognizant
18mo

It can be a investment also. My mom bought jewellery when gold was at 6k. Now it is 72k+

FluffyKoala
FluffyKoala
Stealth
18mo

Oculus Rift VR headset v1.0

ZestyBoba
ZestyBoba
Infosys
18mo

Oddly specific

FluffyBiscuit
FluffyBiscuit
Stealth
18mo

Smart watches and rings. Just focus on the basics - eat, sleep, workout

BubblyBurrito
BubblyBurrito
Swiggy
18mo

Honestly. Smartphones above 10k are mostly gimmicks for general purpose use unless you need like a Garmin cus you're mountain climbing some peak.

MagicalBurrito
MagicalBurrito
Publicis Groupe
18mo
  1. Big fat marriage 2.luxury cars 3. F&O trading
WigglyMuffin
WigglyMuffin
Dell
18mo

Why f&o?

MagicalBurrito
MagicalBurrito
Publicis Groupe
18mo

It’s a well known fact that 9 out of 10 traders are loosing money in F&O but still greed and fear always make them to trade more.

WigglyMochi
WigglyMochi
Oracle
18mo

Iphone

Discover more
Curated from across