Friday, October 19, 2018

Money Crashers: 6 Ways Pinching Pennies Can Cost You Dollars

Several of my recent articles for Money Crashers have dealt with fairly weighty topics, like rising interest rates, credit freezes, and the infuriating Obamacare family glitch. So I'm pleased to announce that my latest article to pop up on the site is on the lighter side. Called "6 Ways Pinching Pennies Can Cost You Dollars," it deals with all those situations in which cheaping out can actually end up costing you more in the long run. Here's a sneak peak at what it covers:
  • Ill-advised bulk buys (such as six avocados, all at the peak of ripeness, for $5, instead of one for $1.25)
  • Cheap products with pricey parts (such as the notorious printer ink cartridges that cost half as much as the printer itself)
  • Time-consuming strategies for saving money (such as making your own laundry detergent, which I've never quite seen the point of)
And that's just three of the six topics. Check out the full article to learn about all the different ways pinching pennies can cost you dollars, and leave a comment if you can think of any more I left out.

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