10 Frugal Habits That Are Secretly Draining Your Wallet | Minimalism & frugal living

Hello! In today’s video, we’re going to explore the world of saving money. While saving money is important, some habits can backfire and cost you more in the long run. We’ll explore ten seemingly smart ways to save money that can actually drain your wallet. Join us as we explore these pitfalls and find better ways to live a minimalist, money-saving lifestyle!

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00:00 - Intro
00:50 - Buying cheap, Poor quality
02:05 - Using substandard medicines
03:56 - Buying cheap shoes
05:24 - Buying unnecessary discounts
07:15 - No emergency fund
08:21 - Don’t buy long-term furniture
09:17 - Not buying insurance
10:50 - Not investing in learning
12:16 - Skipping car maintenance
13:31 - Using energy-efficient appliances

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🎵 BACKGROUND MUSIC licensed through Epidemic Sound & Artlist
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🎥 FOOTAGE licensed through VideoBlocks, Filmpac and Artgrid except parts about the topic that have been used under fair use.
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