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

Buying products from the Kardashians. Literally from any celeb.

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.

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’.

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.

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.

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.

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.

Ticketmaster’s horses**t fees. F**k that company

The medical industry. Not the actual providers, all those middlemen, managers, CEOs, and companies (with all their shareholders).

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.

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.

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.

Often out of season fruits (like strawberries in the winter) are really expensive and taste like water

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

Designer clothes

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***

All the food delivery services. It’s obscene how much more expensive it makes a meal.

Funerals: nothing better to honor a loved one with than personal bankruptcy

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.

unused gym memberships

subscriptions to services I rarely (if ever) use

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