False Frugality: 7 Things You Frequently Waste Money On

false frugality
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With this awful inflation going on, it’s impossible to not notice that your wallet is getting emptier after every grocery store. In fact, more than one-third of American adults have taken withdrawals totaling $617 from their savings accounts in the first half of this year to help pay for rising living costs. When the cost of everything is high, starting with fuel, groceries, rent, and everything else, we must adapt to the situation and find some tips and tricks that can “stretch” our funds until the next paycheck.

But while we are all browsing to find affordable items to buy, have you heard about “false frugalities?” The easiest explanation of this is that it turns out that some strategies for cutting costs now may wind up costing you more in the long run, whether in terms of energy, time, or money.

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