15 Things Frugal People Don't Spend Money On

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Published 2024-06-28
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About this episode:
In this video, Iā€™m exposing the surprising profit margins of everyday items. Iā€™ll reveal 16 things youā€™re probably spending too much on and share some budget-friendly swaps thatā€™ll help you keep more cash in your pocket.

Next Steps:
ā–¶ļø Watch 12 Rules For (A Frugal) Life: Ā Ā Ā ā€¢Ā 12Ā RulesĀ ForĀ (AĀ Frugal)Ā LifeĀ Ā 

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All Comments (21)
  • @TylerofSc004
    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.
  • @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.
  • 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!
  • @howellomaha
    Dollar Tree for greeting cards. They offer cards from .50 cents to $1 and are really nice.
  • @J-wu8sc
    That 1 in 10 families rent a storage unit is a wild stat to me. No wonder thereā€™s been so many new storage unit places pop up by me. My question is what are you storing that you canā€™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.
  • I love my local movie theatre. It's 110 years old. I'm perfectly happy to overpay them for popcorn to keep them going.
  • Stopping at the coffee shop on the way to work, when work has free coffee. Lol
  • @codykoon5520
    Example of an overpriced item would be timeshares. The cheaper alternative would be buying the entire New York City skyline.
  • 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.
  • 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 ā¤šŸ˜…
  • 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! Itā€™s a pretty fun datešŸ˜…
  • @mkw7285
    OMW, George ALWAYS makes me literally lol!!! His body language, facial expressions, and quick wit is hysterical. Every video he makes, and every appearance on other Ramsey videos-he's absolutely hilarious! Great insight, but he has the most entertaining content EVER!
  • Id highly recommend buying them at the end, end of Christmas when they are reduced, end of Mothers/Fathers day and end of Valentines and buy them ready for next years, also do this with Christmas lights and decorations...šŸ˜Š
  • I agree with George on this list, except for the movie theater concessions. We go to the movie theater maybe once or twice per year. It is nice to see some movies on the big screen, so we want to help ensure the theater stays in business. They get very little money from the movie studio, relying on concessions to keep the lights on. Since we go so infrequently, we can treat it as a splurge and get the large popcorn and drink for $15. How's this for cheap...er, I mean FRUGAL? My wife and I always give each other nice, high-dollar cards. We do this while at the greeting card rack in the store. I browse through the cards to find the perfect one, and hand it to her. She does the same for me. Then we put them back. Of course, we don't write in the cards or even put them in their envelopes. The sentiments have been shared and it didn't cost us $20 for two cards. Cards for other people are normally from a bulk greeting card pack or the $1 card section.
  • George is doing a fantastic job; As always. Thanks for the great information sir.
  • 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.
  • @Randilynn66
    You forgot to mention all the stupid helium.Balloons that people think they're relatives in heaven are going to see