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Episode 2705:
Discover how frugality might unexpectedly dip into your funds as Michelle Schroeder-Gardner of MakingSenseOfCents.com explores six common pitfalls where saving too much can actually end up costing you more. From skimping on quality purchases to the false economy of DIY projects, Michelle sheds light on the hidden costs of excessive thriftiness.
Read along with the original article(s) here: https://www.makingsenseofcents.com/2014/10/6-ways-being-cheap-can-cost-you-money.html
Quotes to ponder:
"Many people each and every single day make the mistake of trying to save money, yet end up wasting money in the end."
"Skipping going to the dentist for years so that you can 'save' money. Then, after you finally go, you find out you could have saved money and some of your teeth by visiting the dentist regularly for cleanings."
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2708: Does Your Brain Predict Your Financial Success by John Assaraf of My Neurogym
2707: The Best Time of Year to Buy Many Items by Andrea Joy of Saving Joyfully
2706: Weekend Weight Loss Tips by Chalene Johnson on Maintaining Health Goals without Sacrificing Fun
2704: 7 Ways You May Be Leaving Money on the Table When You Retire by Kathleen Coxwell of New Retirement
2703: Why Paying Off the Mortgage Early May Be a Big Mistake by Len Penzo on How to Fight Inflation
2702: Trading Financial Freedom for Mini-Retirement by Chris of Keep Thifty on FIRE Lifestyle & Sabbaticals
2701: The Secret to Becoming Your Own Financial Expert by Philip Taylor of PT Money on Money Freedom
2700: 10 Ways to Take Control of Your Finances by Kalen Bruce of Money Mini Blog on Financial Independence
2699: Your Greatest Asset is YOU by Nick Maggiulli of Of Dollars and Data on Personal Growth & Development
2698: How to Overcome and Conquer Fear by Shirley of Daring Living on Self-Help & Mental Health
2697: Can’t Stick to a Budget? Here’s the Solution by Jen Hayes on Dave Ramsey's Cash Envelope System
2696: [Part 2] We’re Mortgage Free! Our 10 Steps to Get a $500,000 Paid Off House in 5 Years by Andy Hill of Marriage Kids and Money
2695: [Part 1] We’re Mortgage Free! Our 10 Steps to Get a $500,000 Paid Off House in 5 Years by Andy Hill of Marriage Kids and Money
2694: How Do I Budget with a Variable Income? by Laura Gariepy of Women Who Money on Personal Financial Planning
2693: How Do I Get My Spouse To Go Along With My Frugal Plans? By Jacob Lund Fisker on Marriage & Financial Planning
2692: Why My 77 Percent Savings Rate Means Nothing by Paula Pant of Afford Anything on FIRE & Early Retirement
2691: Is It Ever OK To Borrow From Your 401K? by Mark Dennis of Financial Finesse on Retirement Planning
2690: Three Vital Reasons To Say “I’m Sorry” In Your Marriage by Dr. Margaret Rutherford on Improving Relationships
2689: How We Paid Off $17,000+ in Student Loan Debt in Just 54 Days by Dave Cahill with JackieBeck.com
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