White Dotted Arrow

12 “Frugal Living Tips” That Are Actually Making Middle Class Americans Poorer

Everyone seems to have an opinion of how to be frugal, and they do not hesitate to air them. But as one Reddit user noted, not all frugal advice is solid. And yet, many people seem to keep repeating these wrong pieces of advice perpetually.

Thrift Stores Do Not Always Stock Quality Stuff

One user debunked the belief that people can find quality cheap clothing whenever they visit the thrift store. AD “Like I’ve heard that thrift stores are a good place to buy quality clothing for cheap,” he said, “and that things are cheaper on Black Friday."

Do Not Use Credit Cards

A user argues that using a credit card is the easiest way to get a great credit score, and yet many people advise others to use cash to avoid interest payments. “Don’t use credit cards; use cash for everything.” – easy way to not have a great credit score when you need a loan. Use the cards and pay it off monthly,” said the user

According to one user, some DIY projects can save money. However, most require expensive tools, skills, and time that could be put to better use. “DIY. Not everyone has thousands of dollars worth of equipment around and the skills to build something cheap. People reusing plastic containers for food. No, that is not designed to be reused for ten years,” he said.

DIY Instead Of Outsourcing

Swipe Up to Read More

Check out More Stories from A Dime Saved

The Must Have Cash Back Apps

The 15 Best Reading Apps For Book Lover