What "frugal" tricks have you found to just not be worth it, either in time or money?
What "frugal" tricks have you found to just not be worth it, either in time or money?
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?)
It's more of a generalized rule but:
Assume that your own time has value.
A lot of "frugal" tips operate off the assumption that you can spend your own time and it doesn't cost anything. But your time is valuable. Time spent trying to save a few bucks should be considered working time; ask yourself how much you would get paid by your job for the same amount of time. Maybe you enjoy doing whatever the thing is, so it can be considered recreation, but if it's some difficult or mind numbing slog, then that doesn't necessarily mean that you actually saved yourself anything, because you weren't getting paid to do work, and you could have been doing something more rewarding instead.
I feel this way about cooking. I hate cooking. It takes a lot of time. And lots of cleanup time. And time spent planning and shopping. Plus the tools, ingredients, and power/gas/water used all cost money. With all that in mind, a $9 bowl of chipotle is significantly cheaper by my estimation than cooking an equivalent myself.
I'm with you on cooking something like one meal. If I'm going to get out a bunch of stuff in the kitchen and put in that much effort, then I had better be eating for at least a few days off of what I make. Casseroles, stews, big pots of pasta, and holy hell was I excited when I learned how much curry I could make in one big crock pot and then put that on rice for like two weeks' worth of meals.
I just cook stuff that basically cooks itself. Crockpots, pasta, certain veggies and meats on the oven. After doing them many times I already know the timings for everything so I just put alarms to remind me of turning the fire off/flipping them in the oven once and that's it. Doing something else in between. Technically speaking you spend only a couple minutes actively cooking for each meal that way. Just don't forget to set the alarms or it's burnt (and move the particular meat from the freezer to the fridge the night before)
Then you need to learn how to cook properly, or get more experience. By the time you have driven to and from chipotle, and factor in that time, the cost of gas, the wear and tear on your car. Cooking is significantly cheaper. We only cook from scratch at home, and it rarely takes more than 15 mins to whip up a good meal that tastes better than most things you can buy, even sit down restaurants. When I cook, I clean as I go normally, so clean up aftewards is fast. If you clean up immediately after, clean up is fast. Time spent eating doesn't count. 20 minutes, McDonalds drive thru takes 20 mins.
I would not habe worked in that time. I would have sat on the sofa and watched something on Netflix that I do not care about.
It is not a crime to be unproductive. In fact, we all need to be unproductive occasionally.
That may be a more valuable use of your time, for life satisfaction or mental health
Businesses have caught up and fixed the exploits.
For me, it's dried beans. Beans are an excellent source of protein and fiber, and it doesn't get much cheaper per serving than bulk dried beans.
But rinsing, soaking over night, and then boiling, only to end up with way more beans than we will consume, and canned beans are almost as good and almost as cheap.
We use a pressure cooker for our dried beans. 20-40 minutes depending on the bean. You don't have to soak them overnight when using a pressure cooker. I ensure that each batch we make is consumed within five days.
Canned beans are considerably more expensive based on the amount we eat.
If you only eat a can here and there, it's probably not worth making them from dry.
Dried beans are a huge win for me (with a pressure cooker) because they’re cheaper and tastier… but the biggest thing is that they’re really easy to get in bulk and store. Canned beans are HEAVY and if you walk / bike / take transit to get groceries that can be a big deal too.
This is why I go with lentils. They don't require that lengthy soak so it doesn't take much more time to make a serving of lentils than a serving of rice.
Soaking and cooking too many beans? That's just like opening a big can of beans when a small one would suffice.
Agreed. I only keep dried puy lentils and adzuki beans. White beans, kidney beans, garbanzo... nah fuck that.
And even then, I'm making a batch and freezing half.
Also: fuck broad beans entirely. I have no room for that double shelling nonsense.
Get an eletric pressure cooker and you can get it from the pack to ready to eat in an hour at most. With a little confidence you can even use most of that time for other stuff.
You don't need to soak beans lol why do people always say this? Never have I ever soaked beans before boiling them.
Searching for the cheapest gas station. Too much time and gas.
In Australia there are apps that show cheapest prices near you, so at least there's not too much time and effort involved.
Yep my wife will drive 8 miles to Costco…if you’re going anyway it might be fine. But 16 miles at 22 mpg with $4 gas means it costs $2.80 drive there and back. Saving 8 cents a gallon would be $1.28 in a 16 gallon tank.
I buy gas at the station 1/4 mile from our house…I don’t look at the price. It’s always reasonable.
Just ask around, there's some that are consistently cheap. Then do the math. Where I live, the local station charges 2.40 a litre, and one 15 minutes away charges 1.60 a litre.
That's an easy one.
Cheap gas ain't good gas anyway. You end up paying for it later in lost fuel efficiency.
You can buy Top Tier now, or you can buy a bottle of polyetheramine later.
Edit to add: this is about the type and quantity of detergent pack, not about the octane/grade. Brands are required to have 2x the EPA mandated minimum detergent in all grades and at all locations to carry the Top Tier logo.
Costco carries it. So the generalization of cheap = bad does not always hold. But it very often will.
Cloth nappies/diapers. Cleaning them is a black hole for personal time.
The manufacture of 2.5 years of disposable diapers has a lower carbon footprint than the energy usage to launder cloth diapers over the same time period.
I personally don't mind much using cloth diapers.
We quickly rince them after use so it does not smell unlike dirty diapers in the bin that start smelling after a day (we live in a hot country)
My experience with disposables is that they don't smell if allowed to dry out, but also I live in an area that is only hot for about 4 months out of the year so I can see where that can change the calculous
I don't think anyone is using cloth diapers for frugal reasons, but rather for waste and environmental reasons that disposable diapers create (It takes hundreds of years for each disposable diaper to decompose, and they are made with plastic and carcinogens). I've looked into the topic, and although it might discount the cost of constant purchase of disposables, the high cost of the cloth ones themselves as well as the cost of running the washing loads mean the reason to switch wouldn't be for frugal reasons but to stop the influx of disposable diapers into landfills and comfort of the baby wearing it.
Do you have to do more than toss them in the washer?
(I know nothing about the topic, lol.)
You need to de-shit them (it can be quite runny).
You don't want to wash them with anything else. But you need enough to justify the run.
You need to store them till they can be washed (smelling the whole time).
Babies need a lot of nappies.
All of this is at the most exhausting time in the parents lives!
Not really, no. That’s one that’s definitely worth it.
Flights with connections. Flying has become so tedious, frustrating, stressful, that saving money by spending yet more hours dealing with it, just isn’t worth it. I’d sooner cancel the trip
I saved $500 per ticket on an international flight for my girlfriend and I and the extra connection should have only added a few hours to the trip.
Then they cancelled my flight, and I got stranded in another country (Canada), spent over 10 hours in the airport getting a new flight, lost two days of the trip, which were the best days, lost the money I paid for the hotel for those days, and I only get a few days off a year and that was how I spent several of them.
The Europeans and Canadians on the flight got their flight comped. Being an American, I had to fight for a meal ticket that didn't even cover the cost of two sodas. This was pre-pandemic too.
Oof 😭
I disagree because you can save so much money. But my limit is one short stop, unless I am flying to the other side of the world and need a few days' break.
I’ve only had a flight delayed once on a layover, it was a few hours but meant getting home at 3 am instead of 11 pm and was fucking miserable. I can’t even imagine if it was 5-10 hours or a day. For a family of four we could probably save $400 on round trip cross country (USA) but I would rather pay and have a direct flight. And the shitty discount airlines are not worth a bloodclot in my leg when I can’t bend them for 3.5 hours…even an inch of extra room can make a difference when it’s almost 4 hours in a tin can.
I just flew for the first time in quite a while and honestly its not bad. Just make sure you follow directions and don't cut it too close on leaving on time and it'll probably be fine. Get to the airport 1-2 hours before your flight and by that point anything that happens you just ask the nearest employee nicely what to do
This is a little different from the others on this list, but a lot of DIY stuff for parties/weddings. The money you're saving is negated by time lost, not to mention unless you have unlimited time/ no job and are able to thrift everything, the components for DIY aren't that inexpensive. For my sister's wedding, we did everything ourselves. Everything from literally painting the venue, collecting/creating every table scape, my dad built the stage and dance floor, all the way through setting up the hundreds of little desserts on the day of. It was all wonderful and lovely. And took a massive amount of time and labor across several families. When you factor in the value of people's time, it was not less expensive than mine. We rented everything and it was so nice not to stress about dressing every corner of the room or decorating the bar, or making sure we didn't run out of ice on the day of. We still chose super frugal options because the wedding industry is a scam, but we just paid for everything.
Sometimes it's worth it just to pay people to do stuff. Value your time and mental health more than money.
Not sure if this counts, per se, but Solar Panels. Specifically, via a loan.
My electric bill is insane, thanks to the powers of capitalism and monopoly. So I figured installing solar panels would be a good investment. Sure it takes ten years to break even, but I’d rather be paying my way through that than paying my electric utility.
Well, the problem I ran into was that the interest on a loan would effectively negate any headway I was hoping to make per month.
I still plan on doing solar, but not before either interest rates at least quarter themselves or I save up enough to practically pay for it up front.
Depending on where you live, the feed in tariffs are a scam as well, so you better make sure you use any power you generate instead of feeding it back to the grid (either by shifting use or installing a battery).
I don't know much about residential, but I've been watching battery/solar setups for vans and RVs, and the cost of batteries to store power has been going down a lot.
I wonder if there'd be savings if one set up a "house battery" that only charged at night, then you use the stored electricity during the day.
Maybe hiring an electrician to do it would eat any savings, though.
Although, if one is more of a prepper than simply frugal, setting up a big "house battery" to smooth out electric outages due to thunderstorms or whatever might be nice.
Are you in the US? Are you factoring in the federal rebate? Are there any other state or local rebates you might also qualify for?
It's still a terrible investment in the US if you are looking at it purely from a monetary perspective.
When I was looking at it, break even is usually just shy of 10 years, so let's call it that for easy math. You install a $20k solar system, and you end up making about $30k over a 25 year life span, assuming you never have any major issues and never move out of your house.
In contrast, you could dump that 20k into the stock market. With an average return of about 7-8% (the historical rate of the s&p500) you'd walk away with about $110-140k.
There's noble environmental reasons to do it, but financially it's just not a great return right now.
Edited to clarify: You'd also need to be paying for electric in the second example, so minus 50k over these 25 years. You're still up about double to triple over the solar panels.
The rebate is only as good as my taxes… so it helps, but not enough to make it a financially wise decision at this time. Similar story with the state incentives.
For myself I got them when rates were low. It actually saved me money instantly, swapping from a $300/mo bill to a $140/mo solar loan repayment.
Growing your own food. The only way to make that shit pay is to groom a cult to do it for you, large-scale.
The only way to make that shit pay is to groom a cult to do it for you, large-scale.
They're called grand parents
Oh, I see somebody cracked the code.
I still buy the vast majority of my own food, but:
I've been eating the same $0.99 bell pepper going on three years now.
A $3 packet of jalapeno seeds has made a year's worth of taco tuesdays.
I'll never buy Mint again; I couldn't get rid of my patch of peppermint if I wanted to.
I can grow much better tomatoes than what you'll find at the local mega mart.
A $3 packet of okra seeds will thicken a year's worth of gumbo.
My little vegetable garden, which is smaller than my living room, yields somewhere in the neighborhood of 100 pounds of produce every year.
Respect for that - I was mostly trying to be funny with my post, I have to admit. If you have a good patch of garden, with good soil and conditions, I guess that can pay financially, and for sure psychologically. But if you have none of that.. I have eaten too many shitty tomatoes grown on friends' and neighbors' balconies to be kind towards that anymore.
Growing your own greens and herbs is super easy with a hydroponic setup, but obviously you have to invest the time into getting it set up. There are a lot of pre-made options available these days, though, so it's not as much work as it used to be even just a few years back. Saves me a lot of trips to the grocery store.
The only thing I've successfully grown is tomatoes. And they tasted weird.
Eh, it really depends. I assume you don't mean all your food needs here. It's pretty easy in a lot of climates and situations to supplement nutrition and/or flavor by growing even one or two plants. Source: grew peppers, spinach, etc. on my tiny tokyo apartment's balcony and would gift friends whole plants to put on their balconies/windowsills for the same and now do small-scale farming in rural north Japan.
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
Never ever follow a cutting your own hair advice.
My mom was a stylist. She showed me all the tricks, so I can do skin fades and the like. The back gets tricky sometimes, so I'm glad mullets are currently trendy.
Yeah, this response is pedantic as fuck but y'all can't make blanket statements like that!
Me and my wife cut each others hair, it works well and we both get compliments on it ... but yeah, I can imagine there's a lot of people out there who couldn't pull it off
Why not? If you're fine with a simple haircut, it's really quite practical. I'm a guy and do a simple taper fade from 1" on top to 1/4" on bottom (similar to this).
My brother did it for years and he got to a VP level role at a large insurance company. If he did a bad job, there's no way he would've gotten that kind of role because it's as much about personal presentation as it is about competency.
I have my wife check it each time, but I don't have her do it because I think I do a better job.
Speak for yourself. I have long curly hair and if it's all irregular, no one can tell. Every time I wash my hair it curls differently anyway.
No, wait. Let's see where this goes.
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), Where i live they do it under less than a $ ( i am a male)
If you really want to live frugal i suggest piracy is the way to go but maybe your morals don't allow it.
I don't see what that has to do with cutting hair, unless you're suggesting literally becoming a pirate and not getting hair cuts at all.
But yes, I'm morally opposed to digital piracy, though I'll do it if the rights owner is no longer offering the product for sale. For example, I'll pirate most games for older consoles instead of buying used, but I won't pirate recent releases. That's where I draw the line for myself.
The cheapest food is always a massive rip off. It doesn't matter if you're willing to settle for something that doesn't taste as good. The cheapest food has been stripped down to such nothingness that you need to eat 3x more to stay alive. It doesn't work for the same reason you can't just drink water and feel full.
Depends on what kind of food you’re talking about. Whole foods like potatoes, lentils and beans are filling, nutritious and inexpensive. Cheap processed foods frozen pizza are basically edible polyester.
The cheapest option is always cheapest for a reason. Incrementally so the amount cheaper it is than the average.
Doesn't necessarily mean it's cheaper for a bad reason though. There are often instances where the cheaper option can also be the better option.
The way I've come to phrase this principle:
You don't always get what you pay for, but you definitely don't get what you don't pay for.
It is a good permutation, with less opening for hypothetical hang ups and what is.
Sometimes items may be a loss leader and sold as a motivator…getting cheap shit in Vegas but not gambling, for example. Sometimes Black Friday products are inferior models…sure…but sometimes they lose money to make money elsewhere and you can be smart to use it 😊
I always thought couponing looked obnoxious.
I don't care if I save $0.35 per grocery trip or $35. I really don't. And I'm definitely not wealthy! But when it comes to all those valuable pieces of paper, I've decided I'm not making the cashier scan and verify them one-by-one, the people behind me in line wait the extra time, the bookkeeper add them up and send them in, and then whatever clearing house wage-slave collect and destroy them.
I realize that sounds judgemental, but that's just my threshold. I genuinely feel everyone needs to decide how they want to live their life...
I worked for a big chain store. Like, a really big chain store, but not that one.
At the end of the night, they would collect all the coupons from the registers, weigh them, and throw them away.
The store would get credited based on the weight.
my grocery store's app has a coupon section. I can scroll through them and add them to my loyalty card, so that they all get added to my order automatically. It's at least as valid a use of my time as playing Crossy Road. I don't use paper coupons.
Using things outside of their intended purposes. I live in a gated community with my folks. Our house borders an apartment complex community, the border is a fence followed by a hedge in our backyard. We have several fruit trees in our backyard including avocados and mangoes. During fruiting season, avocados will drop and fall over the fence. My mom uses a pvc pipe with a kitchen knife taped to one end to use as a spear to retrieve avocados over the fence on the other community's side. 5+ kitchen knives have been broken by doing this. I recently bought a 30ft fruit picker to collect fruit before they drop, so hopefully that helps to alleviate the problem.
DOCAZOO DocaPole 7-30 Foot (30 ft Reach) Fruit Picker and Telescopic Extension Pole for Apples, Avocados, Oranges, and Other Fruit Trees https://a.co/d/hZUlhHK
frugal
> cant ask neighbors to come in and pick their avocados
> uses spears insteadno, that's not frugality, those are signs of mental ineptitude
I should have clarified. She wants to retrieve her avocados that have fallen over the other community's side.
Here's a picture of the fence and hedge.
Here's a picture of our tree.
Washing dishes manually: a dishwasher is more efficient and saves me time and energy. It's mostly old people that keep recommending this.
The people who tell you that you are poor because you get coffee at a coffee shop every day. At best you would save ~$2000/year if you bought $5 cup everyday. $2000 saved would not be a significant amount of money to make in an investment either. Personal happiness isn't worth trying to cut out things you like.
It's all about context though. $2000 is substantial to much of the people who live on this planet. You're right about that amount in investment returns would be considered small, but the people who this amount is significant don't usually have investments to rely on.
Right but I'd you're that hard up, you're not going to be buying $5 coffee's every day. Poor is relative.
That's true, but I'd like to think the price of coffee scales where you live. A $5 coffee in Los Angeles is a $2 coffee in Madrid. So in general probably not a big difference wherever you are.
$2000 extra a year into a 401k over a lifetime of work is a substantial amount of money when you retire. This 401k calculator estimates it as $150k after 45 years. That sounds high to me but regardless $2k extra a year is a lot when you consider compound interest over decades.
you have to count inflation as well (although i believe us $ deprecates at a very less inflation rate) , but still the calculator you showed shows it can make 22% of total retirement fund
Plus I believe coffee is just a legal drug which is why its so prominent , and as such i shouldn't use it
But who knows maybe i will drink coffee as well?
If you can't make coffee at home, what else do you buy cos it's "only 5bucks" everyday for convenience.
100% - you can nickel and dime yourself to death.
Sure it might not be a huge amount in one year until you notice that it's not just a year, it's the rest of your life. then 30 years later you have saved $60000 with interest.
It's funny, the same people who told me the same thing spent their whole life saving money. 20 years later they are still saving money and haven't once traveled the world, still live in the same general area, but still are still saving their money. For what? I don't know. The most valuable commodity is your youth. Worth much more than $60k or $150k when your bones are withered.
I think you will be happiest of all if you deposit $2000/year in my bank account, what do you think?
$2000 a year would have been life-changing to me at a couple of points in my life. I was already too poor to afford that coffee to begin with, however.
