9 Things You Should NEVER Do when Saving Money

Saving money is important, but there are some pitfalls you need to avoid.
On this channel we’re all about spending less and saving more. So, what could possibly go wrong? Well, several things. And we’ve been guilty of quite a few of them. In this video we'll cover 9 things you should never do when saving money (and tell you how to avoid these mistakes).

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We're Hope and Larry and we love practical frugality. We raised our four sons, debt-free, including paying cash for our home when our income was well under the national average. For tips on saving money, budgeting, paying off debt, and setting goals (while living with a spirit of joy and abundance), subscribe to us here on YouTube and visit us at our website and on social media.

Information on Under the Median represents our opinions only. We are not medical doctors, medical professionals, nutritionists, or investment professionals. All content found on Under the Median is intended for informational purposes only. Please be sure to exercise due diligence and always contact a professional with any questions you may have regarding any information you have seen or heard on our YouTube channel. Use caution when following instructions in this video. The creator and publisher of this video will not be held responsible for any adverse effects that may arise from the use of any method on this channel.

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[jay]

Sorry. Meant ....
Frugal Queen in France. And
Frugal Stu (in England).
Love them both.

[jay]

Frugal Queen on France. And Frigal Stu in England. Love them both.

[shawncasey]

Not comparing your situation to other people is my favorite takeaway from this video. Sadly, that seems to be the American way. I am so proud of owning my very small house that is filled with love and 5 cats. It took knowing the difference between wants and needs to make it happen and I'm close to paying off the mortgage. Thank you for making these helpful videos to keep me on track financially.

[jvmoneyg]

I pay my tithing as well. God first ever thing works out. Thank you

[Trustbutverify]

The number of people in NC near the rivers who did not have flood insurance is alarming

[juliemoore]

I love that you left the "wallpaper " mishap in this video! I was laughing right along with you! Just love you guys!

[melissamoore]

Hi Hope and Larry! I have decided recently to get out of debt. I didnt realize how far into debt I was. I recently wrote out my 5 or 6 reasons why I want to budget . Besides of getting out of debt another reason is I want to have an emergency fund and see where my money is going. Another is have a stocked up pantry for emergenices. To get what is important to me and to save money on said items. I have recently been binge watching your videos. You both inspire me . I feel encouraged by watching your videos. Thank you for all that you do for us your subscribers. Looking forward to your new video tonight.

[dianek]

Hello everyone. Hope the people in the flood areas and the hurricane area. I'm praying for your safety

[tanjacavlovic]

Never not check to what goverment funds you are eligible to in case of any status. Students, elderly, unemployed, large families, one time help, coupons, ... let go of shame and use it while you can stil get it!

[lindadorman]

I worked in strategic planning for decades so your charts look like my work product! Now that I'm retired, I don't do as much detail planning but I still have a budget, timeline, task list and back-up plans. One trick that helps me is to envision "best case" and "worst case" scenarios, and plan for either outcome. What is likely to occur will be something in-between, but if you can deal with both, you'll be fine.

[oziewilson]

So you two are excellent communicators and content rich too! I am going to dig into your videos and 'learn'. Thanks for what you do!!!

[TheSilveryew]

The wallpaper made me laugh, thank you so much I needed this today <3

[katherinerichardson]

Larry, what "wallpaper" should I be watching out for? 🤣 Thanks for keeping this in the program. Beside the boo boo, all your points were good advice.

[RozaliaWelczak]

Increasing tax rates are the reason I rolled over my 401k to a Roth. I don't want to be 59 paying taxes on current income on withdrawals made from my retirement account. I'm now seeking best possible areas or ways to gain wealth in today's economy.

[Jammies]

Hi Hope and Larry

Hope I’ve never noticed before but you have really beautiful hands 🤗🤗

[sylviajones]

Another pitfall is not watching your channel! 😂
I stopped watching as vigilantly as i had been doing...yep...not pretty.
Getting back on the wagon.
Thanks, Y'all, for what you do.

[KarenLeamon-kjeq]

If I already own the frugal finance package can I get the bonus items? How much would they be? Thank you. Karen

[lisabevans]

The dock strike isn't happening until at least January. Be wary, but don't be worry mongering.

[chivosadventures]

I don't really have any goals at the moment. I don't even know why I'm stacking up money at the moment i have a paid off house i drive a 1993 Ford Econoline Van, though i have no aspirations of buying a new car so what in the heck am i saving up money for? We're all gonna die sometime in the very near future. So people please repent of your sins and look to find Jesus before it's too late.

[kathygregg]

Dock workers strike is resolved! Vote accordingly,