2705: 6 Ways Being Cheap Can Cost You Money by Michelle Schroeder-Gardner of Making Sense of Cents

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🗓️ 27 April 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. 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." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:56.7	this is optimal finance daily episode 2705 six ways being cheap can cost you money by Michelle Schroeder Gardner of Making Sense of Sense.com.
1:07.0	And I'm your host and personal finance enthusiast Diana Merriam.
1:11.0	We're going to jump right into our next post as we optimize your life.
1:14.0	Six ways being cheap can cost you money
1:21.0	by Michelle Schroeder Gardner of Making Sense of Sense.com
1:26.0	Back in August I spent a hundred and sixty dollars on a hotel that was significantly
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