18 Common Money Saving Tips That Don’t Work In 2023

14.

“Hyper-focusing on smaller issues while not caring about larger things. I know people who (despite being comfortably middle-class) will collect coupons for everything, or buy clothes on sales only, or buy gasoline only from Costco. However, if I ask them about their bigger finances, they just draw a blank. No investments, no passive income, most of their money in the bank or in the house in physical form (which is basically deprecating due to inflation). Many don’t even know their approximate ball-park net worth or how much rate of interest their bank is giving, and they also don’t know how to do taxes to get good returns.”

“But god forbid you buy a $4 milk carton. They will talk about how you could have saved one dollar if you waited till Friday when they lower the price to $3.”

—u/emprupus