There are some things that money shouldnt be wasted on.

Sometimes we spend money on things that we can do without making us waste money on such things.

It might seem these things do not really affect our finance but if not controlled you keep spending the little money you can save on such things, which would accumulate and take a dip in your finance.

1. Bank charges

There are so many hidden bank rate charges we don't really take note of. Lots of people give their bank free money unknowingly in form of fees.

There are bank charges for using another bank's ATM machine. Banks charge 65 naira after 4 withdrawals from their ATM machines.

ALSO READ: Budgeting guidelines to follow

The fee looks small but it affects your finance negatively.

2. Soft drinks

Soft drinks are always affordable and can be gotten anywhere, even on the road in traffic.

But as affordable and cheap it is a money waster which sneaks and digs deep into our finances.

It is rare to see people who go to a restaurant, and not ordering a soft drink.

3. Newspapers and magazines

It is good to get information and knowledge about the latest trends and happenings in the world.

But buying the daily newspaper and weekly, quarterly magazines has a way of dipping into our finance.

ALSO READ: 5 hobbies you can make money from

For something you just read to get information and drop somewhere, that's a whole lot if you ask me.

Thanks to the internet, you can get all the news and information you want online.

4. Cable TV subscription

Most people subscribe for pay tv, which they really never get to watch, except at night after a long day at work.

So why subscribe to something you barely get to watch every month.

5. Mobile data subscription

Mobile date subscription is one of the things that keeps wasting our money.

Check how much of mobile data you consume each month. If you consume less mobile data and you spend more, then it is one unnecessary thing eating into your finance.

ALSO READ: Bad financial habits you should let go off

Get rid of such data subscription plans and find out which mobile data subscription that suits you and stick to it.

Look for a telecommunications company that gives the best rate which is affordable and also has a good network.