Savings Assumptions

There are times when we do things that we think are saving us money when they truly aren’t. Many times it’s because we only look at the surface and get into a habit without sitting down and working out the truth. I often harp on these issues. It doesn’t make sense to drive clear across town to save a few cents on gas because it costs more to drive the extra distance than what you save. The same thing can be said about driving all over town to save a little on groceries. It doesn’t pay to save money in a jar if you take it to the store and pay 9% to have it counted by a Coinstar machine. In all these cases people think they are saving money, but in reality it ends up c


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3 Responses to Savings Assumptions

  1. beloml says:

    The same is true of dog or cat food. Cheap food turns out to be expensive because it’s so full of fillers that your pet has to eat more. Plus, the poop stinks and your pet is less healthy (and happy), meaning much higher vet bills down the road.

  2. Pingback: frugal underground » money: saving more, making more, enjoying more, needing less » Blog Archive » Carnival of Debt Reduction #5

  3. HenryBemis says:

    This is the very heart of frugality. Not being cheap or stingy or having an unwillingness to consume less, it’s about being wise, in your purchases. Frugality is about deep thinking, reasoned thinking.

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