Arguably every single one of us is guilty of buying things we don't necessarily need. The various items purchased in the heat of the moment, subscriptions we should have remembered to cancel, or the premium next-day deliveries we never use. These are just some of the many things people waste money on. And the price individuals pay for stupidity, forgetfulness, or impulsiveness is high.
Yet again, things that are a waste of money for some may be worthwhile investments for others. A bitcoin farming machine may be the biggest waste of money for someone who doesn't know how to use it, yet one of the best buys for someone invested in the crypto world. Thus, what are considered dumb expensive things are really subjective depending on the person.
However, there are also certain dumb things to spend money on that we can all mutually agree on. When someone on AskReddit asked, "What is the dumbest thing you've seen someone spend their money on?" thousands of people jumped on the thread to share, in their opinion, things that are the biggest wastes of money. And considering the number of upvotes some submissions received, many seem to agree.
Below, we've compiled some of the best entries from the thread, revealing the worst things to spend money on. Do you agree with any of them? Let us know by giving it an upvote! Also, comment below if you can add more dumb things to spend your money on to the list!
#3
"Weddings. Somewhere along the line, we seem to have forgotten what the true purpose of the day is."
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53points
#6
"My mum has spent $1000s on crystals and stones. She continues to give them as gifts, I have no idea wtf to do with them so I put them in my plant's pots then she gets upset for some reason. Send help, please."
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41points
#7
"My friend told me of a nurse who bought a hand bag for $7,000. I’m not a financial expert, but I do not advise buying a $7,000 purse."
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37points
#8
"Designer dogs. There are many that need to be rescued and adopted from humane societies."
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36points
#9
"I heard some guy bought like 33 really expensive cars when you can only drive one car at a time."
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35points
#10
"Spending money on another person to make them love you. Never works."
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35points
#13
"My wife is in a lot of mom groups on Facebook. The number of people who beg for help for their poor babies who won’t get any Christmas/birthday gifts and who also show off brand-new giant tattoos is fantastic. She shows me every time she finds one of these people and it happens all the time—usually multiple recent photos of them out drinking and partying as well. So yeah, there are a lot of people out there who blow big money on tattoos and partying instead of setting aside a little bit of money for their kids."
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31points
#15
"I spent $40 on one of those amusement park booths where you had to throw darts at balloons. For some reason, I picked out this really ugly 7ft tall frog stuffed animal. It’s in the corner of my closet and still scares me when I’m half awake in the morning."
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27points
#16
"Cable television. That stuff is expensive. My friend has a billion channels and pays like $200 a month. I only have the internet and can watch everything he watches and more."
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27points
#17
"Their first vehicle. Eighteen-year-olds getting loans of $20k on their first car boggles my mind."
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26points
#18
"When I drink too much, drunk me will go online and purchase an absurd amount of googly eyes. I previously made the mistake of purchasing 10,000 of the idiots. I don't know why drunk Mat does this, but I always make it a point to store the gigantic ones somewhere when I purchase them. I spent quite an amount of money on it."
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26points
#20
"A family member has bought thousands upon thousands of dollars worth of Young Living essential oils."
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25points