When Being Thrifty Is Actually Costly

Posted on January 20th, 2015 by Discount Debbie

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Have you ever found that in your attempt to save money, you actually ended up spending more? I have. 🙁 Here are a few tips to help make sure that being frugal doesn’t end up being more costly for you and your family.

1. Clipping Coupons. I used to clip a lot of coupons. I had a huge binder and had them all organized into categories. However, I found myself clipping coupons for items I didn’t usually buy at the chance that “just in case” there might be a deal I couldn’t refuse. Well, nine times out of ten, I just threw all those coupons out when they expired. The time it took to clip, organize, and then pull out and throw out all those coupons every month was a complete waste of time. As a matter of fact, I eventually stopped getting the newspaper because I found that I could save time and money by focusing on getting the best deals on what we actually buy every month.

2. Making Healthy Choices. If you have ever seen the show Extreme Couponing, then you know that you can get your groceries for dirt cheap if you fill your cart with processed junk food. You can also get better deals at some fast food restaurants than you can making dinner from scratch at home. But, at what cost? Our food choices represent some kind of investment into our long-term health. Of course, we can (and always will) make exceptions. However, because the choices we make about what we put into our bodies will stay with us, those exceptions should truly be exceptions.

3. Getting Poor Quality Bargains. I’ve had many regrets about “great deals” I’ve gotten in the past. You get clothes or shoes at a thrift shop or at next to nothing prices only to have to replace them after a month or two. Then, you get out and get a better quality pair of shoes or pants, which would have cost you less if you hadn’t initially purchased the poor quality items.

How has being “thrifty” actually cost you?

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