9 Things Frugal Experts Like Me Consider a Complete Waste of Money

Let’s face it, the prices today are enough to make your head spin. If you aren’t living frugally, then you’re probably in a bit of a pinch.

I’ve always leaned towards being frugal, a trait that’s only grown stronger since starting my own family. Sticking to a budget doesn’t mean missing out—it means making choices that make sense for us long-term.

I’m sharing seven things I’ve stopped spending money on. From skipping the latest tech fads to making my coffee at home, these choices help keep our finances on track without sacrificing the fun.

Pets

Alright, this one might tug at your heartstrings. For those who find more joy in a dog’s wagging tail than in most human interactions, the thought of skipping out on a furry friend is tough. But let’s face the facts: Pets can really strain your budget. From their daily needs to unexpected vet visits, the costs add up fast.

A bit of tough love advice from financial experts? If you’re serious about saving, think twice before bringing home any creature that relies on you for food. It’s a hard pill to swallow, but sometimes, financial health requires tough choices.

Lottery Tickets

Think about it—when was the last time buying a lottery ticket felt like a sound investment? With odds like 1 in 292 million, as reported by Money Talks News for a billion-dollar Powerball jackpot, it’s clearer than ever: this is not the frugal way.

You’re statistically more likely to be struck by lightning or, heck, even become a millionaire through more traditional means than to win that jackpot. If you’ve got money burning a hole in your pocket and you’re feeling lucky, consider the stock market instead. Your chances of seeing a return are infinitely better.

Impulse Items in the Checkout Lane

Standing in the checkout line with a pack of gum or a magazine calling your name? If you’re committed to keeping your spending in check, remember impulse buying is the kryptonite of frugality.

It’s all too easy to confuse a ‘want’ with a ‘need’ in the moment. To stay true to your frugal roots, keep a cool head and resist these last-minute temptations.

Eating Out

Eating out can be a real budget buster, especially if it becomes more habit than treat. While the occasional night out is totally worth it for the experience, for everyday meals, I stick to cooking at home.

I love whipping up dishes and then packing up the leftovers for my husband’s lunch the next day. Not only does this save a pretty penny, but it’s also healthier. You have full control over what goes into your food, making it easier to eat well.

Even if cooking isn’t your favorite, the savings might just sweeten the deal.

Latest iPhone

Is the latest iPhone tempting you? Before you jump on that pre-sale, let’s talk tech. The new iPhone 16’s main upgrade over the iPhone 15 seems to be just a tiny tweak in the camera’s zoom control.

Honestly, the iPhone 15, or even the 14, still takes stellar photos and comes with a much friendlier price tag. So, ask yourself: is the latest minor upgrade worth the major expense?

Over-Priced Toilet Paper

Let’s talk about something we all need but overlook: toilet paper. You might be tempted by the plush layers of a brand name like Charmin, but let me tell you, the price comparison is eye-opening.

Over at Costco, Kirkland’s 2-ply bath tissue offers 30 rolls for around $23—that’s a deal hard to beat. At Walmart, Charmin might set you back about $25 for just 18 rolls.

Manicures

Ever thought about becoming your own manicurist? It’s easier than you think! I picked up some basic shellac polish and a UV light from Amazon, and after a few YouTube tutorials, I was all set.

Now, I love that I can do my nails right at home, lounging in my PJs and catching up on my favorite show. It’s not just about the money I save—it’s also avoiding the awkwardness of telling someone I’m not thrilled with their work.

Plus, if I mess up, no big deal—I just start over. No stress, no appointments, and all the control in my hands.

Trendy Clothing

When it comes to fashion, I’ve learned to keep a tight grip on my wallet. Things that are trendy today can be tempting, but they’re usually pretty fleeting. Why pour money into something that’ll feel outdated by next season?

Instead, if I’m really itching to try out a new look, I head over to sites like Temu or check out local thrift stores. This way, I can try something trendy without the hefty price tag.

Coffee Shops

Who doesn’t love a good coffee shop run? A good iced mocha latte can be hard to resist, but those daily Starbucks trips add up fast, chewing a big hole in your budget. Instead of a daily $5 latte, why not brew your coffee at home? It’s an easy switch that saves a bunch.

But hey, if coffee is your little treat, consider cutting down to a cafe visit just once or twice a month. It keeps the ritual special without draining your wallet.