30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (2024)

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (1)

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Only a small percentage of people are truly rich and have no need to think about the price tag, if something is a scam or if it’s overpriced. Majority of people are not so they have to be mindful about how they spend their money, but it doesn’t always mean that they are making the right financial decisions.

Of course, it’s fun to splurge from time to time but it is also smart to stop and rethink if the things we are spending money on are really worth it. People on Reddit listed some things that you may consider stopping spending money on after caloriedeficit101 asked, “What in your opinion is the biggest waste of money?”

We would like to hear what other things you would add to this list and if there are any things mentioned here that convinced you to save money on. Also don't forget to upvote the submissions that you agree with the most!

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#1

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (2) Buying products from the Kardashians. Literally from any celeb.

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Carole G.

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Kardashians, the epititimy of entitlement & exploit their own children, grooming the next generation for the same path. They don't really invent anything, just get paid for lending their name to someone else's product.

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#2

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (5) AimlessCreator said:

Cigarettes

[deleted] replied:

I was never a smoker, but years ago, I worked at a medical office part time. The office manager was a former smoker. Her husband had been on her to quit for years. Finally, he said if she quit, he would take the money she would have spent on cigs (2 pack/day habit), put it in a savings account and take her to Hawaii, which had always been a dream of hers.

Well, it was the motivation she needed. For 2 years, he put that money into an account on her 2 year quit-a-versary, they took a first class trip to Hawaii for two weeks, completely paid for with cigarette money.

She'd been seven years cigarette free when we worked together.

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Good thinking!

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#3

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (8) Weddings. A family member will have spent over $60,000 on her wedding that is this summer. They don’t even own a house. And 65%( after gifts from both parents) is credit card debt . If you have the money spend it on what you want but I just find it incredibly narcissistic to get yourself in so much debt because you need your ‘big day’.

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The sad part is that 41% of all marriages end in divorce. All that money. Wasted.

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#4

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (11) Name-brand shoes for toddlers and pre-schoolers. They’re not gonna stay clean and they’ll grow out of them faster than you think.

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Name brand shoes period. An extra hundred or two so it says 'Nike' or whatever is a waste. The shoe quality is just the same, and sometimes better, on my twenty dollar shoes.

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#5

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (14) TheShoot141 said:

Gold flake covered food

buttgers replied:

Looks tacky.

Has no nutritional value.

No enhanced flavor.

It's one of those "because you can" status symbols, but it's a stupid one.

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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I think I read somewhere that gold, being a heavy metal, can't actually be purified from your system. So this is merely a very expensive way of poisoning yourself.

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#6

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (17) Invading a neighboring/foreign country. As we are seeing right now Russia is doing a marvelous job of creating so many financial problems for itself and its people in the very near future. Like monday near future.

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Power hungry, egotistical, narcissistic, heartless killing machine.

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#7

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (20) Primary_Asparagus_58 said:

Buying new electronics every year just because it’s a new model.

shak_0508 replied:

I genuinely can’t fathom why people upgrade their phones on a yearly basis. 99% of what you do with the phone stays the same.

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Signed, my seven-years-old phone with 2GB RAM who takes 6-8 business days to do anything xD

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#8

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (23) Ticketmaster’s horses**t fees. F**k that company

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They're in a class action lawsuit for it right now

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#9

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (26) The medical industry. Not the actual providers, all those middlemen, managers, CEOs, and companies (with all their shareholders).

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Peter H

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Not to mention the ridiculous sums of money they spend on advertising.

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#10

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (29) Daydreamer631 said:

From what little I understand of it I’m going to say NFTs

DanF*****gSchneider replied:

At least with crypto, when you lose big all you do is lose your house. When you lose big with NFTs, you lose your house, and also “own” a picture of a monkey forever to remind you that you’re financially incompetent.

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Cheese and rice, Moony!

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*COUGH*... (under breath) screenshot

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#11

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (32) Diamonds because of all the artificial scarcity, I was told if anything buy precious stones. That’s why if you look at royalty they always have rare or precious stones.

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Yes, l've never found them particularly pretty either

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#12

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (35) Not having money. Stick with me here:

When you need shoes, you buy cheap and they don’t last

Fast food is convenient and cheap, but not good

You end up renting and can’t build equity.

Being financially unwell is a waste of money.

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Sam Vimes rears his stoney head once more

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#13

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (38) Often out of season fruits (like strawberries in the winter) are really expensive and taste like water

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Max M

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Most commercial stuff tastes boring. It is quick grown and therefore lack the same taste of homegrown stuff

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#14

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (41) hikeoff said:

Starbucks

TLMoore93 replied:

One week I decided to try Starbucks instead of Costa for my weekend coffee treat and I will never make that mistake again in my life

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Starbucks coffee tastes burned plus they use tax avoidance loopholes in the UK to avoid paying any tax so I boycott them. Whilst I prefer to use independent coffee shops it's not always possible and Costa is much better than Starbucks, plus it's UK owned and operated and pays tax like it should.

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#15

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (44) Designer clothes

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Quality clothes is worth it though. Just hard to know where brand and quality crosses in price

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#16

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (47) looneythalostkidd666 said:

The lottery

wastelandtraveller replied:

objectively yes, but I still enjoy buying a ticket so I can entertain the idea of waking up rich as f***

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Peter H

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Every time I play the lottery, they pick the wrong numbers!

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#17

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (50) All the food delivery services. It’s obscene how much more expensive it makes a meal.

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Kara Born

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Good for people that are sick, or are physically unable to get to the store

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#18

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (53) Funerals: nothing better to honor a loved one with than personal bankruptcy

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MotherofGuineaPigs

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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My husband passed late spring 2021 and he said he took care of everything. He left his body to science. What I didn't know was when they are done with the study they get cremated and returned to you $0. He came home last week.

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#19

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (60) IsThisNameTakenThen said:

Gambling

PseudonymIncognito replied:

This. There's a limit to how much a person can spend on a drug addiction without killing themselves. A gambling addiction can destroy multigenerational wealth if it gets out of control.

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Also most substance addicts *know* the addiction isn't actually solving anything. It makes them feel a little more okay and their brain tells them it's fine.Gambling adds another layer. Technically, it's possible (however unlikely) that Gambling could fix money problems. Even harder for some brains to ignore that possibility.

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#20

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (63) unused gym memberships

subscriptions to services I rarely (if ever) use

insurance, when as soon as you make a claim, your premium increases

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After I got robbed twice within a year, my renter’s insurance got cancelled altogether.

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#21

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (66) [deleted] said:

Kids.

mascottaricotta replied:

As an adult now I think back of all the money that my mother did end up wasting for me up until I moved out, and I feel terrible because she never had a lot. Kids and teenagers are constantly growing and figuring out who they are and what they like. There is a lot of trial and error, and as a parent frequently you're gonna pay for things that don't get used. Toys that don't get played with, clothes the kid wears once or twice, hobbies that get abandoned, etc.. it's part of life I guess. My mum did an amazing job not letting me worry about finances when I was a kid. I wish I could repay her

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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The topic is "waste of money" ... were you a *waste* of money?

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#22

Air pods and upgrading phones every time a new one comes out

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Given the use I've got out of my Airpods, compared to literally any other earbuds/earphones/headphones I've used in my life, I do no think they're a waste of money. Upgrading a phone just because a new one has become available, however, is a different story.

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#23

Name brand items. Doesn’t matter what it is, if it’s name brand it’s a ripoff. I’m not paying $500 for a tshirt with an ironed on Gucci logo, when I can get the same shirt for $5 at target. And it probably cost 50 cents for them to make.

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Name brands ... Probably made in sweat shops by children...

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#24

WatchY0urStep said:

Video game skins.

12odriguez replied:

But I shoot better with a nice gun skin. Rude.

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1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Watched my ex spend $60 on a “season pass” for a first-person shooter game. Said “season pass” could be bought for cheaper, but the $60 came with 3 special weapon skins you couldn’t get anywhere else!!! …game sucked, was full of bugs and glitches, company ended up shítting the bed and the servers were ghost towns a few months later, and the company stopped running the servers shortly after that. Ex basically got like an week of actual playable gametime in before the servers went poot. Sooo worth it to buy those weapon skins :p

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#25

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (79) Voss water, it’s too expensive and just drink tap water if you can

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You're paying for a glass bottle

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#26

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (82) megabestfriend:

Reddit gold

edit: just because it’s a waste of money doesn’t mean I don’t appreciate it

megabestfriend said:

Been using reddit for a very long time, no idea what gold or coins actually do. Or why anybody would care about the sub you get access too.

Catflap_Boi replied:

I leave a comment and then I'm gone, I only find out someone's given me something years later when I eventually check my messages.

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Same.

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#27

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (85) ThatMeasurement3411 said:

Ridiculously expensive skin care

Burrito_Loyalist replied:

My wife is a makeup artist. She says the expensive stuff is much better because of the better ingredients.

The cheap stuff at Target is literally packed with ingredients that are harmful to your skin.

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Normally I laugh at people who "swear by essential oils" but I had a cold the other day, and because I didn't have any vicks, I used mint essential oil leftover from mixing up my own hand gel, added it to a bowl of hot steaming water, shoved the towel over my head and just steamed my face , it got rid of my fuzzy head, stuffy nose AND my skin actually has felt great ever since. I haven't used my face cream in a few days and it still feels soft. (and I suffer badly with dry skin o.o)

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#28

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (88) Poop. Some people buy celebrities poop.

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Clear scam, how would you ever know whose poop it is. What celebrity would ever hand over their poop for sale?

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#29

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (91) Paying to have nitrogen put in your tires. It’s a total scam!

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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"It's a total scam!" if you don't understand science. I wouldn 't pay much for it, but nitrogen does make a difference in your tires. Nitrogen-filled tires rarely need to be topped up - even for many many thousands of miles, whereas regular "air" filled tires should be checked regularly (I'll bet you don't do that, do you?!). If I understand the science correctly, nitrogen molecules are simply larger and permeate tires far less than the molecules in regular "air". Don't knock it if you simply don't understand it!

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#30

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (94) Excellentbees said:

Cable.

JMS1991 replied:

It's not a waste if you watch a lot of sports. Most sports are still not on streaming services, and the illegal streams are usually pretty hit-or-miss as far as picture quality, and the possibility of them getting shut down in the middle of your game and needing to find another stream.

There are non-traditional cable options, like YouTube TV, Sling, etc, but those are still basically cable. They're just over the internet and with more transparent pricing.

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Well said, JMS1991!

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30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (97)

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (98)

Jurgita Dominauskaitė

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Jurgita Dominauskaitė

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Having started as a content creator that made articles for Bored Panda from scratch I climbed my way up to being and editor and then had team lead responsibilities added as well. So it was a pretty natural transition from writing articles and titles as well as preparing the visual part for the articles to making sure others are doing those same tasks as I did before well, answering their questions and guiding them when needed.

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30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (99)

30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (100)

Saulė Tolstych

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Saulė Tolstych

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Saulė is a photo editor at Bored Panda with bachelor's degree in Multimedia and Computer Design. The thing that relaxes her the best is going into YouTube rabbit hole. In her free time she loves painting, embroidering and taking walks in nature.

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30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (101)

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PattyK

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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I agree with both weddings and funerals. Both are giant rip-offs. Jessica Mitford’s “The American Way of Death” is stll true after all these years; the funeral industry takes mourners to the cleaners.

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Jan Gardner

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Almost Egyptian in some cases.

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A Jones

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Books: library > buying a book the library has

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Joseph Teopaco

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1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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My coworker pays for YouTube premium and yes I made fun of him for that

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30 Things That Are An Utter Waste Of Money, As Listed By Folks In This Online Thread (106)

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PattyK

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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I agree with both weddings and funerals. Both are giant rip-offs. Jessica Mitford’s “The American Way of Death” is stll true after all these years; the funeral industry takes mourners to the cleaners.

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Jan Gardner

Jan Gardner

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Almost Egyptian in some cases.

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A Jones

A Jones

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1 year ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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Books: library > buying a book the library has

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Joseph Teopaco

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1 year ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017
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My coworker pays for YouTube premium and yes I made fun of him for that

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