People Explain Which Things Are The Absolute Biggest Waste Of Money
Jp Valery on Unsplash

People really love to overspend their money.

Why is that?

I account for every nickel.

The line "it's just money" is also tossed about while someone is making a ridiculous buy.

I mean yes, have fun, treat yourself.

But pay attention before you toss it down the drain.

A savings account is a good thing. Not 10 iPhones.


Redditorcaloriedeficit101wanted to talk about all the ways we should be saving coin instead of throwing it away.

They asked:

"What in your opinion is the biggest waste of money?"

Let's see where people like to spend the most.

Useless Bits

happy snow GIF by MasholandGiphy

"Gold flake covered food."

TheShoot141

"Looks tacky. Has no nutritional value. No enhanced flavor. It's one of those "because you can" status symbols, but it's a stupid one."

buttgers

The Scam

"Ticketmaster’s fees. F**k that company."

JuanPancake

"I worked in that industry - specifically a company who started with the goal to do the same thing without the fees. You learn very quickly that 'Ticketmaster's' fees are not actually Ticketmaster - Ticketmaster is happy to be the bad guy face for the venues and often the performers themselves simply wanting more money than the face value of a ticket costs."

"Promoters and venues are used to Ticketmaster being the bad guy and looking like it's getting all this crazy money, but it's really going to places you think are the good guy. Live events are a luxury item. Ticketmaster makes people think they are fair priced items and there's an evil gatekeeper."

conipto

Foot Love

"Name-brand shoes for toddlers and pre-schoolers. They’re not gonna stay clean and they’ll grow out of them faster than you think."

nollyson

"Brand name clothes for kids in general. I always shopped secondhand or target and old navy. They grow too fast and completely wreck everything, especially my son, the knees in his jeans only lasted like a month I swear."

katindra

Claims Death

"Unused gym memberships. Subscriptions to services I rarely (if ever) use. Insurance, when as soon as you make a claim, your premium increases."

Teacher-Investor

"The thing that gets me is when the claim is demonstrably not your fault but it still goes up. Like I'm sorry fate decided to f**k me with circumstances completely beyond my control, can you not f**k me for that too? Your literal sole purpose is to solve my financial issues during this not elevate them. I pay you to stop me from being messed with."

bob0979

Every Other Year?

electronics GIF by South Park Giphy

"Buying new electronics every year just because it’s a new model."

Primary_Asparagus_58

This is so true. I'll say it again... we don't need every new IPhone. It's an updated camera!

Not soo rare...

Fashion Style GIFGiphy

"Diamonds because of all the artificial scarcity, I was told if anything buy precious stones. That’s why if you look at royalty they always have rare or precious stones."

MarcoNoPollo

Bad Peak

"Often out of season fruits (like strawberries in the winter) are really expensive and taste like water."

qquackie

"I saw some Ontario greenhouse strawberries at Farm Boy for $6/lb and put them back, picked up some American strawberries for $4/lb and they're surprisingly tasty! Not peak summer tasty but definitely worth the $4."

mamoocando

Product Share

"Buying products from the Kardashians. Literally from any celeb."

Redittoranian

"Haven’t tried Rare Beauty, but I swear by the Fenty foundation, all the other brand I tried made my face all sweaty and wet after some time. This one stays a while and leave my face soft. Cannot say about other Fenty products tho, but love the foundation."

Nyctangel

"I bought Lady Gaga branded Oreos once because I wanted the Oreos (though I am a fan of LG nonetheless) and I felt stupid handing them over to the person on the till."

cragglerock93

Picture It

"From what little I understand of it I’m going to say NFTs."

Daydreamer631

"At least with crypto, when you lose big all you do is lose your house. When you lose big with NFTs, you lose your house, and also 'own' a picture of a monkey forever to remind you that you’re financially incompetent."

DanF**kingSchneider

"They may take my house, but they'll never be able to take away my NFT picture I took of my house."

nonnativetexan

Burn me Baby

Back To Black Dirt GIF by Amy WinehouseGiphy

"Funerals."

EatingUranium

"I told my hubby if I die before him find the cheapest box available, heck build it if they allow it, for my body. I’m getting cremated anyway! I said no fancy crap, just burn me and fulfill my wishes for my ashes. He agreed to the same. I don’t wanna thousands spent on me when I’m alive and especially not when I’m dead. I don’t care!"

dawny2scotland

Big Day

"Weddings. A family member will have spent over $60,000 on her wedding that is this summer. They don’t even own a house. And 65% (after gifts from both parents) is credit card debt . If you have the money spend it on what you want but I just find it incredibly narcissistic to get yourself in so much debt because you need your ‘big day.'"

lidder444

Smoked

"Cigarettes."

AimlessCreator

"This is only gonna make sense to ex-smokers or who people who never were. I quit between 2 and 3 years ago. I'm sure that this time it's for good. The trick is waiting for it to make you physically sick. I can smell a lit cigarette from like a block away now and it makes me so nauseous."

"I got extremely angry and stressed a few months ago and bought a pack on impulse, smoked one, and hated it. I think I'm in the clear now. But. There was a time in my life when I did still smoke, and that I was so broke that there were more than a few times where I had to choose between a pack of cigarettes or food. I would choose the cigarettes every time."

fokkoooff

Good Health

"The medical industry. Not the actual providers, all those middlemen, managers, CEOs, and companies (with all their shareholders)."

brushpickerjoe

"Absolutely criminal. I have a friend who used to be an EMT and was similarly paid; she works as an Amazon delivery driver now and makes more with the added bonus of less stress. Thank you for your service, but you all deserve a 10x raise. The US healthcare system needs to be burned and rebuilt from the ground up."

Lev0nia

Mealtime

youtube lol GIF by Guava JuiceGiphy

"All the food delivery services. It’s obscene how much more expensive it makes a meal."

chadwicke619

"I received a DoorDash gift card a few months ago. I can't bring myself to use it, the pricing is just insane. If I won't get in my car to go get the food then I just don't want it badly enough and can go without."

bumpercarbustier

Border Issues

"Invading a neighboring/foreign country. As we are seeing right now Russia is doing a marvelous job of creating so many financial problems for itself and its people in the very near future. Like Monday near future."

deejayhill

"Military conflicts just aren't economically viable anymore. Between electronic documentation and media and public opinion, and MAD, there's no way anyone can see going to war as a good long-term decision."

Red-7134

cheap, but not good...

"Not having money. Stick with me here:"

"When you need shoes, you buy cheap and they don’t last. Fast food is convenient and cheap, but not good. You end up renting and can’t build equity. Being financially unwell is a waste of money."

smack4u

"So much this. People who say that poor people are poor because they don't know how to manage finances or don't invest can suck a fart. Poverty is a vicious cycle. You can't invest in things that will improve your life long term because you need what little money you have to survive right now."

mascottaricotta

Air Pressure

"Paying to have nitrogen put in your tires. It’s a total scam!"

VTX1800F

"Costco installed my tires, and they filled them with nitrogen for free. It definitely took a lower temperature to set off my car's TPMS, but it wasn't a huge difference, around 10 - 20 F. Useful if you live in a colder area (if it's free)."

NoBreakfast4061

Roll with it...

Dice Vegas GIF by The WeekndGiphy

"Spending money on games, had a friend who spent over $1000 on Genshin Impact… and he doesn’t think he has a gambling addiction."

Rykona26

Entertainment Issues

"Cable."

Excellentbees

"It's not a waste if you watch a lot of sports."

"Most sports are still not on streaming services, and the illegal streams are usually pretty hit-or-miss as far as picture quality, and the possibility of them getting shut down in the middle of your game and needing to find another stream. There are non-traditional cable options, like YouTube TV, Sling, etc, but those are still basically cable. They're just over the internet and with more transparent pricing."

JMS1991

Walk Away

"Shoes for babies. It won't be walking for months why the fuck does that screaming pink blob need Jordans when it can't even hold it's own head up yet?"

REDDIT

"Baby shoes interfere with them learning to walk. They need to be able to use their toes to help balance. My son got a pair of baby shoes as a gift, but we sold them, unused. How do you like that, Hemingway? (Actually we donated them to a thrift store)."

CrabbyBlueberry

Save your coins. You don't need all the things.

Want to "know" more?

Sign up for the Knowable newsletter here.

Never miss another big, odd, funny or heartbreaking moment again.

When looking at a resume, it's easy to understand how prospective employers will assume someone is very intelligent based on their education and past experience.

But one shouldn't only assume someone's intelligence based on what they read.

More often than not, one can tell rather quickly that someone possesses above-average intelligence, based on how they speak, how they behave, or other telling details.

Keep reading...Show less

With each passing year of a marriage, couples will often discover that while they don't love each other any less than they once did, that spark their relationship used to carry has faded.

This will often lead these couples to look for ways to spice things up a bit.

Among the more popular experiments is inviting a third member to their bedroom.

Enticing as this prospect is, however, it's also easy to be intimidated by the reality of it, or even the mere suggestion of it.

Keep reading...Show less
People Share Their Best 'You Either Die The Hero Or Live Long Enough To Become The Villain' Experiences
Photo by Terry Tran on Unsplash

"You either die the hero or live long enough to become the villain."

Though not necessarily a universal truth, all of us have witnessed unfortunate moments in our lives where we've seen this saying become a reality.

Be it seeing our favorite public figures take a serious fall from grace, someone we know and admire eventually disappointing us in a devastating manner, or even seeing ourselves turn into someone we promised we'd never become.

Keep reading...Show less
People Describe The Darkest Thing They've Ever Done That They Don't Regret
Photo by Ashley Jurius on Unsplash

Sometimes we do things that have to be done.

And some of those things live in life's gray area of right and wrong.

What comes as a surprise to some is when we don't care if we're wrong.

We may still technically be in the right.

But morally and ethically, there may be some issues.

But still, many people don't care.

Keep reading...Show less