18 Ways to Wastefully Spend Money That Will Make Anyone Broke
Ever thought about why some people spend their money on things that seem not so important? You’re not the only one. In online groups, people talk about these interesting purchases and wonder if the money was well-spent or just wasted.
Internet Service Providers with Limited Data Plans
According to many users, internet service providers (particularly for smart phones) that still don’t offer unlimited data plans are a total waste of money because they scam people in many ways. Someone said, “My favorite is how cell plans now have multiple “unlimited” plans with different definitions of “unlimited.”
Scientology
Someone said, “My mom lost her best friend to that cult. After her husband died and she was grieving, the cult said, “Hey, we’re just a nice community of people who care about mental health and being there for each other.”
A few years later, she died, too, and her son found out he had no inheritance. When he told me about it, it was one of those conversations where you could tell he was so angry he wanted to break stuff.” Scientology, like any “religion,” typically requires donations to remain a part of the group.
Extended Warranties
Someone writes, “Extended warranties on a small appliance under $200. It is exchangeable at the store during its original warranty, and the amount of jacking around and possibly shipping charges or service fee is not even worth it.” Many agreed, and someone said, “Every time I buy my kid a $1.25 Hot Wheels at Target, I get asked if I want to purchase a toy protection plan for $3. I…don’t understand the question. It cracks me up.”
Annually Replacing Smartphones
Someone said, “I have a friend with horrible money skills (him and his wife were pulling over 10k a month but they’d be broke); he used to get [a] new phone every year.”
Another user added, “Honestly, even high-end phones at all. If People understood the actual feature and experience difference between a $400 phone and a $1200 phone, they wouldn’t pay 3x the price for basically nothing.”
10mm Socket
Someone said, “It’ll be gone before you can get a chance to use it.”
Another user added, “They disappear as fast as guitar picks. One day we will find a cave with a dragon sitting on a mountain of 10mm sockets.”
Paid Followers
Most algorithms don’t care about followers; it’s weighed very lightly in “engagement.” They want comments primarily and then likes or dislikes, either acceptable or reactions if the website uses those over likes/dislikes. Buying followers doesn’t boost your account’s engagement much on most websites.
Gym Supplements
Someone said, “ Aside from caffeine and creatine, none have been vetted enough to be called effective. And the ones that have are never effective.”
Another user said, “Get your nutrition from FOOD first! There’s not a magic pill you can get at Vitamin Shoppe, and I wish more people knew. These “fitness” influencers aren’t helping.” Eating a balanced diet is much more cost-effective.
Cigarettes
A user said, “We are paying decent money to harm ourselves slowly. I’ve always said there is something inherently wrong with us smokers. We don’t care enough about ourselves and our long-term life.” SO much money down the drain.
A Sirius XM Subscription
Someone said, “Paying full price for Sirius XM subscription. You can haggle them down to a very small subscription price.”
In-app Purchases in Games
Someone shared, “I lived with someone in their 30s who had spent thousands of dollars on Candy Crush. I think that kind of micro-transaction is only ever predatory. It’s just kids and people with psychological problems supporting a multi-billion-dollar industry. It’s gross.”
Food Delivery From Third-Party Apps
A user said, “Not only is takeout already expensive, you are paying a 10–20% upcharge on the menu, then there’s the fees and tip.” It’s silly.
Huge Weddings
A user said, “Why drop $50-100k. Why drop that much money on an event? Yes, the memory is important, but some folks drop ridiculous amounts on the perfect even when a much smaller one would be more intimate and not bankrupt someone.”
Bottled Water
If your tap water is safe and you’re still paying $6 for water that’s supposed to make you smarter, it isn’t working. Someone writes, “Get a filter for your faucet or a Brita pitcher. You don’t need individual plastic bottles of water for the home.”
MLM Products
Someone said, “I unfortunately let a friend talk me into buying Mary Kay from her and used it once, and all it did was make my face burn and turned me into a tomato with how red I was. Never again.” Total overpriced scam.
Fast Fashion
Someone said, “As a broke person, I get tempted to buy from places like Shein, but at my core, I just refuse to. I’d rather scour the marketplace, and thrift shops or maybe one day pay someone to tailor something for me. But I just can’t get on board with fast fashion anymore.”
Coffee Drinks
Someone said, “I have perfected the art of making one good cup of coffee at a time at home and when I did the math, I realized I was spending ~$4-6 per day before, and now I’m paying ~$0.75 per day without lines or apps or being asked how to spell my simple name or whatever.”
Gym Memberships
Going to the gym is a great habit for your health, but a lot of people are paying monthly and not actually going. Or they think they need to go to the latest trending gym for the cost of an arm and leg. In reality, most people could work out at home or joint a more budget friendly gym.
Baby Gadgets
Parents are hit hard with marketers when they are raising littles- with products that promise to make life easier. In reality, all the bells and whistles aren’t necessary and put a serious dent in savings.
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