14 Money-Wasting Habits You Need to Break ASAP

Community members online had intriguing responses when someone inquired about their experiences with things they initially perceived as frugal but later discovered were not. Here are some of the top responses from this thread.

1. Buying In Bulk

man buying products in bulk
Image Credit: photography33 via DepositPhotos.com.

“Buying in bulk,” one noted, “I was very surprised when I figured out that sometimes you pay more per ounce! Gotta do the math.” 

2. Making Own Laundry Detergent

Young couple doing laundry View from the inside of washing machine.
Image Credit: emprise via DepositPhotos.com.

“I made my own laundry detergent once and swore I would NEVER do it again. Felt like it took hours to grate all the soap, and it didn’t end up that much cheaper,” added another.

3. Buying Cheap Toiletries

Man with roll of toilet paper in WC, closeup
Image Credit: serezniy via DepositPhotos.com.

Another user added, “Buying the cheapest toilet paper or trash bags never works out for me. With the butt napkins, more gets used per wipe because it’s so thin it turns practically to powder. With trash bags, the savings gets eaten up by how many times I have to double up because a bag rips.”

4. Growing Own Food

african american woman tending to kale in communal urban garden.
Image Credit: Joshua Resnick/Shutterstock.

According to another user, growing food is not exactly cheap, “I always expect growing my own food to be more frugal than it actually is. It can be frugal, but if you’re buying soil and fertilizer, in your specific case, it probably isn’t. I enjoy doing it, and I don’t let the costs get out of hand, but I definitely tend to spend more than I plan at the start of the season.”

5. Amazon

Happy curly woman shopping online with credit card and laptop
Image Credit: IgorVetushko via DepositPhotos.com.

Some have debunked Amazon as the go-to online shop, “I gotta say that for 99% of items, Amazon is NOT the cheapest place to get it. Amazon used to be the cheapest, but their prices today are just meh. eBay and Alibaba are the cheaper options, but eBay is by far wayyyy less sketchy.”

6. Couponing

Coupon Purchase Order Discount Concept.
Image Credit: Rawpixel.com/Shutterstock.

“Literally any couponing for stuff you weren’t already planning to buy this week. If I look through coupons, I’ll be buying name-brand crap discounted for more than the store brand I usually buy. Plus, coupons mess with my impulse control (“but it’s on sale!”) and leave me with inventory I might get sick of,” added another.

7. Buying Branded Clothing

Group of happy friends shopping
Image Credit: macniak via DepositPhotos.com.

Branded clothing does not necessarily last longer; according to one user, “Buying clothes from sustainable brands. Those clothes are supposed to last longer, but my normal clothes also last quite long. Maybe it makes a difference in 15 years or so.. I’ll just stick with treating my clothes carefully.”

8. Booking Cheapest Accommodation While Travelling

Black Woman upset and frustrated at the airport with flight canceled
Image Credit: david-pull.hotmail.com via DepositPhotos.com.

“I learned the hard way when I failed to carefully read the reviews and felt like being suffocated by the smell/mold in the room. I checked out right away and promised myself never to book the cheapest anymore if there were bad reviews about the cleanliness of the place. It’s not worth it. Better to pay a bit more if it means being in a place fit for a human being in our century,” advised another user.

9. Living Off-Grid

couple hiking in forest
Image Credit: Maridav via DepositPhotos.com.

This popular lifestyle may not be very cost-effective; according to another user, “Trying to grow most of your own food or living off-grid and everything connected to that. The time you spend taking care of all the plants/animals and solving all the problems around them, you could’ve spent working for more money, resulting in more food and less work.”

10. Dollar Store

Dollar Tree Discount Store.
Image Credit:
jetcityimage2/DepositPhotos.com.

“The dollar store doesn’t always have the best deals,” noted one user, “You have to watch sizes and counts and know your prices. You can get canned vegetables, tuna, etc., cheaper elsewhere. Hair ties are cheaper there but don’t hold up. Just a few examples. Some ppl think the dollar store has the best deals.”

11. Cheap Shoes

woman going Vintage shoe shopping
Image Credit: gabriel11 via DepositPhotos.com.

Do not buy cheap shoes, says one user, “Cheap shoes, when I was younger, it was all I could afford. But I found myself buying shoes a lot more often (like each month or so) to replace the cheap $10 flats or flip-flops I got at Walmart.

Now I buy the faux Birkenstocks (but still decent quality) for around $50-100, depending on if I can find them on sale). I’ve found these last me several years. Sure, it may not be the cheapest. But I still feel I am coming out ahead as I’m not buying so many pairs of shoes.”

12. Fast Food

person eating large sandwich
Image Credit: LisaA85 via DepositPhotos.com.

“Fast food. Here in the US, anyway. I went through a Taco Bell drive-thru with the hubs on the way home to save from paying for a sit-down restaurant. A little over $20 for a few items and two sodas,” noted another user.

13. Cheap Tupperware

Angry woman gesturing and looking at camera near fresh vegetables in kitchen
Image Credit: VitalikRadko via DepositPhotos.com.

“Cheap Tupperware (not the real brand, the knock-off stuff from the dollar store) to freeze leftovers in. Most of the containers really did not hold up well in the freezer/microwave/dishwasher, even though they have all the icons on them to say it’s safe. Next time I’m buying name brand, and all the same sizes,” said another user.

14. Raising Chickens

 
Chickens.
Image Credit: PhotoSongserm/Shutterstock.

“I’ve built the housing from recycled materials mostly. The cost of waterers and feeders are one thing,” said one user, “The feed costs have gotten out of hand. Yes, it’s nice to have fresh eggs. The problem is supplying fresh chicken on a regular basis.”

What things did you think were saving you money but ended up costing you more?

23 Side Hustles You Never Considered That Make More Than Your 9 to 5

woman warrior. woman holding sword
Image Credit: Avrora-Andrey via DepositPhotos.com.

Have you ever wanted to make a lot of money from a side hustle and quit your 9 to 5? You may know about the typical side hustles, but I bet you never even heard of these lucrative side hustles!

23 Side Hustles You Never Considered That Make More Than Your 9 to 5 

19 Frugal Habits That Will Change Your Life

Portrait Of Young Man Taking Cold Shower In Bathroom,
Image Credit: AndreyPopov/DepositPhotos.com.

Committing to frugal habits will help you live a frugal lifestyle. Making frugal habits part of your everyday life could save you money in the long run.

Saving money is about creating a frugal life that allows you to save money on the things you don’t need and use them for the things you do need.

19 Frugal Habits That Will Change Your Life

7 So-Called “Frugal” Habits That Are Actually A Waste Of Time And Money

woman laying under knitted blanket
Image Credit: serezniy via DepositPhotos.com.

Not everything is frugal! I am sure you have read articles and tips that promote frugal living and give some ideas that are just not frugal! These frugal myths float around and sometimes even cost people a lot of money!

7 So-Called “Frugal” Habits That Are Actually a Waste of Time and Money

The 20 Things People Used To Cheap Out On, But Now They Swear By The Expensive Versions

woman with cheese in mouth
Image Credit: avgustino via DepositPhotos.com.

When budgeting and saving money, trying to cut corners wherever possible is tempting. However, some items are worth investing in due to their better durability or quality compared to their cheaper counterparts.

The 20 Things People Used To Cheap Out On, but Now They Swear by the Expensive Versions

Frugal Living Tips From The Great Depression That Are Relevant Today

Vintage Street Peasant Boy In Flat Cap Eating Baked Beans From A Can In A Depiction Of The Great Depression
Image Credit: jorgophotography via DepositPhotos.com.

How frugal were people during The Great Depression? It was a time of hardship and uncertainty and a time when people were forced to be extremely frugal.

Money-Saving Secrets from the Great Depression: Frugal Living Tips from the Great Depression That Are Relevant Today

 

This article was produced and syndicated by A Dime Saved.

Source