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In today’s world, saving money is becoming more and more important and, at the same time, increasingly difficult.
It’s important to recognize where we are wasting money and eliminate unnecessary spending in our daily lives.
Sometimes, we spend money on things that may not only be a waste of our hard-earned money but also add nothing of value to our lives.
Often, we think that these household items are necessary or will make our lives easier, but they actually end up being a waste of money.
This article uncovers 24 everyday household items that waste most of your hard-earned money.
So, let’s take a closer look at these items and some tips on making smarter financial choices!
1. K Cups
When you rush in the morning, single-use K-Cup coffee pods may seem convenient, but they are much more expensive than ground coffee.
You can save money by buying a single-serve coffee maker and bulk coffee and still enjoy a fresh cup while saving time each morning.
2. Detergent Pods
In today’s world, advertisements convince us that we need everything as convenient as possible, no matter the cost.
Detergent pods may be handy but cost more than liquid or powder detergents.
You can save some cash by going for the big size of detergent and measuring out the right amount for each load.
3. Dryer Sheets
While dryer sheets can leave your clothes feeling soft and smelling fresh, they are a waste of money.
Instead, try using a reusable dryer ball with added essential oil for fragrance to fluff and soften your laundry.
4. Electric Can Opener
Electric can openers are expensive and take up valuable counter space.
You can save money and keep a tidy kitchen by opting for a manual can opener that will open your cans and last for years. The added benefit is opening a can manually can help you maintain grip strength as you age.
5. Air Fresheners
Air fresheners can be expensive and don’t last very long, so you buy and rebuy them repeatedly to make your home smell pleasant and cover odors.
Instead, you can make your own natural air freshener with essential oils and water in a spray bottle or use baking soda to absorb odors.
6. Electric Egg Cooker
If you like eggs, you can cook them on the stove with a simple pot and boiling water instead of wasting money on an electric egg cooker.
Not only is this cheaper, but it also takes up less space and saves money on electric bills.
7. Brand Name Cleaners
Instead of buying name-brand cleaners, you can spend less money buying store brands that work just as well.
You can also make your own all-purpose cleaner with vinegar and water or use baking soda for scrubbing.
8. Bottled Water
It seems everyone is carrying around a bottle of water these days, but did you know that it’s much cheaper to invest in a reusable water bottle and fill it with tap water?
You’ll save money on constantly buying bottled water and reduce plastic waste. Plus, if you read the label on many plastic water bottles, you will see that the water is municipal water—in other words, tap water.
9. Exercise Gadgets
Buying the latest exercise gadgets and equipment can be tempting, but they often come with a hefty price tag, and they collect dust in the corner of your room because they don’t get much use.
Instead, try simple exercises like walking or running around your neighborhood or simple bodyweight workouts that don’t require equipment.
10.Sandwich Makers
If you like grilled sandwiches, opt for a stove-top grill or an iron skillet rather than an expensive sandwich maker.
You can also stack a smaller pan on top of your sandwich when cooking it to give it that perfect grilled look.
11. Dusting Wipes
If you use dusting wipes to clean your furniture, you are wasting money and contributing to unnecessary waste.
Instead, use a microfiber cloth or an old t-shirt and some all-purpose cleaner.
12. Oven Cleaners
Oven cleaners are not just a waste of money; they can be harsh and contain harmful chemicals.
Instead of wiping down your oven with a product the manufacturer doesn’t recommend, try cleaning it with baking soda, water, and vinegar. Or use the oven clean feature on many ovens.
13. Robot Vacuums
Have you seen the little robot vacuums that can clean your floors for you?
While they may seem cute and convenient, they often don’t clean as well as a manual vacuum and are costly.
14. Paper Towels
Most people use paper towels for quick clean-ups and spills, but they have become very expensive in the last few years, and the amount we can use adds up to a big dent in our wallets.
Instead, invest in cleaning cloths or washcloths that can be washed and used repeatedly.
15. Books and Magazines
With the internet and e-readers becoming more popular, books and magazines are becoming obsolete.
You can buy e-books cheaper or even get them for free at your local library or online.
16. Bread Machine
While a bread machine may seem convenient, they are expensive and often don’t produce the same quality bread as handmade loaves.
If making bread from scratch seems daunting, try a no-knead recipe you can find online. It requires only a few ingredients and minimal effort.
17. Screen Cleaning Wipes
Microfiber cloth used to clean screens without harsh chemicals is much cheaper than constantly buying screen cleaning wipes.
Not only will this save you money in the long run, but it’s also better than using harsh chemicals on your electronics.
18. Electric Wine Opener
Don’t waste your money if you are considering buying an electric wine opener.
A traditional corkscrew works just as well or even better and will cost you a fraction of the cost.
Besides, opening a bottle of wine with a corkscrew gives a feeling of celebration to any dinner or party.
19. Paper Plates and Plastic Utensils
If you use paper plates and plastic utensils frequently, you are wasting your money.
Although investing in a set of plates and utensils may cost more upfront, the investment will pay off quickly and save you lots of money in the long run.
A trick we used was to get a couple of sets of utensils at yard sales and use them for parties. At the end of the party, we put them in the dishwasher and placed them in a ziplock baggie until the next party.
21. Kitchen Sponges
Kitchen sponges may seem inexpensive but add up over time, especially since they harbor bacteria and germs if not replaced often.
Instead of constantly buying new sponges, buy cheap washcloths that can be easily washed and sanitized to save money.
22. Egg Separators
If you have watched your Grandma cook, you probably didn’t see her use an egg separator because she knows a simple trick.
She likely cracked the egg and separated it with the shell halves, a much cheaper option than buying an egg separator.
23. Deep Fryer
Buying a deep fryer when you can simply use pots and pans you already have is a no-brainer.
Save your money and the extra kitchen space by avoiding this unnecessary and waste of money purchase.
24. Expensive Phones
Today’s society is constantly bombarded with advertisements for the latest and greatest smartphones.
While upgrading can be tempting with all the bells and whistles, it is not necessary and wastes money that could be spent on something else.
With how pricey phones are nowadays, you could have a great nest egg to start a savings account.
Slash Your Monthly Bills
With inflation rising, your monthly bills are likely getting out of control.
Luckily, there are some simple steps you can take. Use this guide to help you save up to $7,000 a year on your monthly bills.
SLASH YOUR MONTHLY BILLS AND SAVE
Ways to Get Free Gift Cards
Nowadays, people are looking for every means possible to make extra cash. One unique idea is to get free gift cards. Gift cards are a great way to help pay for the things you need without spending any money.
You can earn free gift cards for completing simple tasks in many ways. This includes getting paid for simple online tasks like playing games, completing surveys, and shopping.
Here is a complete guide on how to get free gift cards so you can spend less money on the things you buy.
47 PROVEN WAYS TO GET FREE GIFT CARDS
I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.
Visit my About Me page to learn more about me and why I am your trusted personal finance expert.
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