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?)
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:
Never ever follow a cutting your own hair advice.
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.
Same here, but a bit shorter than in the picture. I haven’t been to a hairdresser for at least 35 years.