Skip to Content

Dumb money-saving tips

More
Text SizeAAA

Filed under: Bargains, Budgets, Simplification, Recession

Every Web site you turn to, including this one, has lists of ways to save money during the recession. Some are great and some are OK, and a few should have been left off the list.

Here's a partial list of some of the dumbest money-saving tips found on the Internet and compiled by the Times of London. One of them was even by one of WalletPop's writers.

1. Re-use sandwich bags without washing them. At pennies for a bag, this seems like a waste of time. And even if you do wash them, that's more hassle than it's worth.

2. Buy and re-use old calendars, a WalletPop budget tip. Sure the dates from 1942 will match with 2009, but will the "Buy War Bonds today" note on March 2 of the 1942 calendar make it a deal when you have to use whiteout to get rid of all the notes?

3. The Christmas Lottery, No. 37. The Secret Santa draw for one gift sounds like a good idea, unless you're 5.

4. Don't wash clothes after one or two wears. Might work at home, but not at work or socially.

5. Stop using toilet paper. A handheld portable bidet is the alternative. Why? Spend the money on TP.

6. Cut your own hair. If you can cut your own hair in the mirror, more power to you. But if you can't, then spending $10 at a hair school is probably a better bet.

7. Brush your teeth with bicarbonate of soda and salt. It has to taste lousy, and there' s no fluoride or breath freshener. Hit up your dentist for a few free samples.

8. Make your own clothes. Sure, if you have a sewing machine, or want to pay $100 for one, or can use a needle and thread without puncturing your heart. But when Old Navy or many other clothing stores have sales of shirts for $10 each, it's a lot easier and probably cheaper to buy.
Subscribe to Walletpop

Reader Comments (Page 1 of 1)

What are the Next Hot-Spots in the Luxury Resort Scene?
Luxist Awards asked three of our Expert Panelists, all veterans of the travel industry, about the ...
The Luxist Awards for Best Accessories
Do you know of a magnificent jewelry line with pieces that are to die for? Which is the finest ...

Marlene Alexander
Marlene Alexander Filed under: Saving Money, Shopping, Charity, Black Friday

On Friday, pink is the new black

If you want your Christmas shopping dollars to go further and support a great cause, then the Pink Friday charity fundraiser is the answer. Systemax Inc., whose companies include CompUSA, Tiger ...
Janean Chun
Janean Chun Filed under: Credit, Wealth, 101 credit&debt

Best platinum cards for status spenders and rewards seekers

Remember the days when gold credit cards were the gold standard? Then platinum credit cards became the new mark of exclusivity. Since then, the platinum of platinum credit cards have morphed into ...
Bob Cesca
Bob Cesca Filed under: Food, Shopping

Fighting for a free turkey as consumer confidence improves slightly

My wife and I occasionally shop for groceries at a supermarket that allows customers to collect points towards coupons, giveaways and other discounts. This year, we collected enough points to get a ...
Josh Smith
Josh Smith Filed under: Shopping, Black Friday, Cyber Monday

Cyber Monday: Expect it to come several times this year

Cyber Monday deals traditionally come once a year, the Monday after Thanksgiving, when online retailers cut prices to lure in workers who have returned to work but still need to get some shopping ...

Headlines from WalletPop Partners