15 Things Frugal People Don't Spend Money On

About this episode:
In this video, I’m exposing the surprising profit margins of everyday items. I’ll reveal 16 things you’re probably spending too much on and share some budget-friendly swaps that’ll help you keep more cash in your pocket.

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[TylerofSc]

My outlook on money changed when I realized someone making $300, 000 can retire broke & someone making $80, 000 can retire a multi-millionaire. Living within your means and living a frugal lifestyle is the first step to financial independence. I just hit the one million mark last year, cheers to everyone striving to get there someday.

[wufflemann]

My side hustle is making handmade cards. People love them and enjoy how they can be personalized.

[donnahampton]

I got married in a restaurant that was closed on Sunday afternoons. It had a room with a fireplace. It was beautiful. I bought a roll of white lace plastic tablecloth that we used to cover their black tables. Wedding and reception in the same room. Awesome!

[onestepclosertoheaven]

I buy greeting cards at the dollar store. They are .50 cents

[AmericanWears]

That 1 in 10 families rent a storage unit is a wild stat to me. No wonder there’s been so many new storage unit places pop up by me. My question is what are you storing that you can’t fit in your house, are you a hoarder? Or do you hold inventory for your business? I just never saw a point of those things for the average person.

[GhostintheFog]

Hey just a tip, why don't you guys talk about how to handle funeral expenses? I bet a lot of people would like to know more about that

[KimberlyManuel-eeov]

When we eat out we always get water, the price of soda drinks is insane.

[strangeflamingo]

I volunteer for many events that I go to. It's a win-win because I get to see theater, concerts, etc. for free, and the venue has someone to help with the event. I've saved hundreds by just volunteering.

[davidweiss]

Stopping at the coffee shop on the way to work, when work has free coffee. Lol

[Santino_Sportscards]

Goodwill is a great place to get baby clothes. They grow so fast, so a lot of the stuff is like new. It is kind of fun digging through it all.

[morganhough]

My hubs and I look at greeting cards together and show each other the ones we would buy, some that are just funny, and then we leave them there- all the sentiment without the trash or the cost! It’s a pretty fun date😅

[PhillipeMattews]

*Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

[howellomaha]

Dollar Tree for greeting cards. They offer cards from .50 cents to $1 and are really nice.

[bobrange]

I know a woman who's husband passed. She put the bulk of what was in the house in a storage unit and moved in with her parents.

Fast-forward about 15 years; her kids took over; something they should have done years earlier because of dementia. Most of the stuff and junk was put on her now deceased parents carport, unprotected from the elements. Months later they brought a roll off dumpster to the property which became the coffin for a good portion of it. Some of it trash that never should have been packed; papers nobody needed and multiple mattresses Goodwill would have rejected, as well as stuff they would have been grateful for. The rest of it sat there for 2 or 3 more years. They just brought another roll off - the fourth in as many years; each has left with plenty of room and much left behind - more went in, the rest is still there.

Anyway, it was just a complete waste of $22, 000, money that is really needed now for her care.

[patwagner]

I always get boxes of cards...sometimes they're blank, sometimes they're all occasion. Usually the cards are only $1 each & nicer than the $4-5 ones in stores.
I am 76 & have never had a manicure or pedicure...& don't have plans to get either.

[foechicken]

I send cards to my mother-in-law. She lives in Alaska and it makes her feel loved.

[RobertDavid]

*Wow, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

[thuggyduggy]

George is doing a fantastic job; As always. Thanks for the great information sir.

[edthelazyboy]

I would add more to the list:
16. McDonalds and most other fast food chains. Why pay for overpriced food that's bad for you too. Pack your own sandwiches for road trips.
17. Starbucks. Make your own coffee at home. Program your coffeemaker's timer so you don't have to get up so early in the morning to make coffee.
18. Amusement parks. You spend most of the day standing in lines and everything in the park is overpriced.
19. Movie Theaters. A splurge nowadays, not just the movie concessions. Even subscriptions like Disney+ are a waste of money too. All the Disney classics are at your local libraries. I just borrow DVD / Bluray from the local library and make my own air popped popcorn at home for the family on movie nights.
20. Faster home internet plans. You most likely don't need Gigabit speeds. Try the basic speed tiers first and make sure you have up to date network equipment like your WiFi router. Never rent your ISP's equipment either. Use your own.
21. Unlimited mobile data plans. You probably don't need it. Wait till you have wifi for big downloads and updates. Save videos and music onto your phone or tablet for offline on the go use.
22. Basic vehicle maintainances. You can service things like the air filters, windshield wipers, bulbs, and car battery yourself.
23. Luxury cars especially German ones. Stick with Toyotas. You just need to get from point A to B. Don't waste money and time on expensive repairs and depreciation.
24. Gym memberships. You can walk around the local park or do workouts for free.
25. Bottled water. In most cases, you can install your own water filter at home. Bring your own filtered water with you.
26. Name brand products. Store brand or generics are often good if not better than the name brand ones.

In this economy with the inflation, we all really need to cut back on spending.

[mikewallin]

Support your local restaurants, bookstores, movie theaters and record stores - Walmart doesn't need your business but your local family businesses does. I happily overpay a few dollars to keep them in business ❤😅