this post was submitted on 13 Oct 2023
155 points (98.7% liked)

Frugal

5105 readers
1 users here now

Discuss how to save money.

founded 1 year ago
MODERATORS
 

I've noticed sometimes that there's some half-baked videos or blogs or whatever that purport this or that frugal trick, but if you look at the time or math, it's not actually frugal for you.

What are some examples of that you've come across? The things that "aren't worth it"?

For me it's couponing. (Although I haven't heard people talk about it recently--has it fallen out of "style", or have businesses caught up to the loopholes folks used to exploit?)

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 27 points 1 year ago (17 children)

Cutting sponges in half. It just makes them harder to use, and then already last a long time and cost like $1 each. I'm not going out of my way to save ~$1/month.

Unplugging electronics. I have a kill-a-watt meter and did some math. It took more power for my computer to run the spreadsheet than I'd save by unplugging everything in my house. Electronics have gotten way better at managing phantom power draw.

And I'll second coupons. The only coupons I look at is the monthly Costco mailer, and I only really look at things I'll buy in bulk. I try to buy enough to last until the next sale, which has worked out pretty well so far. But I literally don't look at any other grocery store coupons because I just don't find much value there.

In fact, most of these frugal "tricks" are worthless. Just focus on the high value lifestyle choices (cooking at home instead of prepared meals, learning to DIY common repairs, etc), and ignore most of penny pinching. In other words, don't be penny wise and pound foolish.

That said, here are a couple of things that I do think are worthwhile even if the money savings isn't huge:

  • cut my own hair - takes 15-20 min once a month, which is less time than I'd spend getting to and from the barber; it's essentially free ($20-30 for clippers, which I've used for dozens of hair cuts), but $20/month saved isn't why I do it, I just hate going to the barber, it just seems to take so much time
  • change my car's oil - same as hair, it takes ~30 min, and most of that time I'm just sitting inside waiting for oil to drain; I don't save much money, but I do feel like I save time vs driving to/from the oil change place, and I use high equality OEM filters
[–] [email protected] 24 points 1 year ago (11 children)

Never ever follow a cutting your own hair advice.

[–] [email protected] 3 points 1 year ago

No, wait. Let's see where this goes.

load more comments (10 replies)
load more comments (15 replies)