Skip to content
Search AI Powered

Latest Stories

People Break Down The Absolute Biggest Ways To Waste Your Money

Make us preferred on Google

With the world's finances the way they are, it's a miracle if people can save their spare change.

Inflation has a stronghold on too many people.

Sometimes it feels like just breathing can cost you money.

It's hard to make and absurdly easy to lose.

So be vigilant with your wallet.

And try to spend on certain things in moderation.

Going out for meals three times a day adds up.

Even with Wendy's value menu.


Redditor gejiw94601 wanted to compare notes on how money can slip away so easily, so they asked:

"What's the biggest waste of money?"

Money is so easy to lose.

Just ask my best friend... vodka.

WHY?!

Idiot Facepalm GIFGiphy

"Donating to rich Twitch streamers. I’ll probably never understand why people do it."

dring157

"I remember watching one guy drop $60k to Ninja. I was making 30k a year at the time, this guy drop double my salary in one stream."

IanFPS

Adulting

"Credit Card interest."

DweeblesX

"When I first go a credit card I used it only when I was short on cash, but it ended up me throwing money at stupid things because I knew I had a credit card to fall back on if I needed it."

"Now I use my card for the points, and I pay it off about every two weeks. While I'm still not great at adulting, at least I figured out this part."

boardmonkey

What about Florida?

"The $50 scratch-off lottery tickets you can buy in Iowa."

notthesedays

"I used to work for the VA lottery. I got to see the numbers, the payout was only about 20% (if that) of profit for scratch-offs. Slightly higher for the draw games. But print-n-play was almost 1-1 for payout vs profit. Don't know how it is now or how other state's payout margins are, but print-n-play is where it's at if you're gonna play anything."

DarthWeabu

Always Upgrade

adopt for sale GIF by Boomerang OfficialGiphy

"Buying cheap crap you have to replace."

coinkeeper8

"My dad once told me to not spend excessive money on tools at first. Buy them for dirt cheap, and learn which tools you really need. And when they break: replace them with quality ones. Buying pro-grade stuff you don't need is wasted money."

.HarlequinSyndrom

Spending a little extra can go a long way.

Cheap doesn't often equal quality.

Flex

Costume Clothes GIF by Big Brother AustraliaGiphy

"Buying ridiculously expensive clothes to flex."

PinkLemon4

"Clothes are a two-way issue. Good clothes last a long time and the price is worth it for the comfort on top of that. But some clothes are 100x the price and 1/10th the quality. So there is a fine line here."

Wdrussell1

Pay to Lose

"Pay to win games."

testthrowawayzz

"I played a lot of mobile games with in-game currencies. I have never spent a cent on these games. Why would I spend hundreds of dollars if I can enjoy the game and learn how to play even if it's slow? And many items don't even help you at the game. It's just skins or titles that only show other players how stupid you were to pay for a free app."

Pintermarc

And Silver?

"Gold Food, or more accurately food that is covered in something called gold leaf. In my eyes, food is worth buying if they provide a great amount of nutrition for considerably good prices. After all, you probably avoid paying 50 million dollars just to buy a few molecules that are useless to your health and needs."

"And then there's gold leaf food, sure the food looks fancy but at the cost of a ludicrous amount of money! And with the gold having no usable nutrients at all, it is just not worth it to buy such expensive food for a relatively small amount of nutrients."

"For instance, Industry Kitchen (hopefully that's the name of the place) in NYC serves a pizza with a gold leaf covering for a whopping price of $2000. While at my home country which is Indonesia, Domino's serves an American Classic Cheeseburger Pizza (IDK that's a thing) which is the most expensive pizza I could find on the website costs around $7 which is just baffling to me."

ScopeRicrit

Pretty Boom

"Fireworks, I love them, but it's like $50 per second for the good ones."

endisnigh-ish

"Yeah, I end up spending probably $300 each summer buying fountains and batteries and helicopters and cardboard tanks and sh*t--none of the big professional skyrockets. It's absurd, I'll be the first to admit."

"But it's fun!"

-RadarRanger-

Just Elope

"Weddings."

"Crazy expensive day. Guaranteed at least one relative will kick up a stink. Massive pressure to be The Happiest Day of Your Life. Everything doubles in cost if you say it's for a wedding (dress, suit, cake, venue) Just do the quick registry office paperwork, have a surprise party, and run away for a long honeymoon with the money you saved."

PinchAssault52

Roll of the Dice

Card Game Poker GIFGiphy

"Gambling for sure."

snazyfragz

"I live in a small town where a casino is the big attraction They've had numerous people crap and pee themselves because they didn't wanna get up from the slots because 'it's just about to pay out.'"

11BREWER

Gambling is the greatest way to lose money.

Addiction will take everything if you let it.

More from Trending/best-of-reddit

Ellen Pompeo
Dominik Bindl/Getty Images for Tribeca Festival

Ellen Pompeo Sparks Representation Debate After Being Cast As Woman With Hearing Loss In New TV Series

Actor Ellen Pompeo has sparked a debate about representation after announcing her next television gig.

Pompeo, best known for her long-running stint as the titular Dr. Meredith Grey on Grey's Anatomy, is set to star in a new medical drama in development at Hulu playing a character with hearing loss.

Keep ReadingShow less
Rafael "Ted" Cruz; Elon Musk and Donald Trump
PBD Podcast; Kevin Dietsch/Getty Images

Ted Cruz Details How Trump Reacted After Elon Musk Tweeted That He's In The Epstein Files Amid Their Public Fallout—And Yiiikes

The relationship between tech investor Elon Musk and MAGA Republican President Donald Trump might be best described as complicated. Musk and Trump teamed up for the 2024 election over their shared White nationalism.

In the immediate aftermath of the inauguration, Musk held a major role in the second Trump administration, heading up the newly created Department of Government Efficiency (DOGE) that slashed appropriated funds' budget line items from agencies and departments across the federal government—something only Congress has authority to do—often based on a label of diversity, equity and inclusion (DEI) assigned by AI output and carried out by untrained, unqualified "tech bros."

Keep ReadingShow less
Donald Trump
Andrew Harnik/Getty Images

It Looks Like Trump's Tacky Monument To Himself In DC May Become A Reality—And People Are Truly Disgusted

Critics pounced on President Donald Trump's latest vanity project after Interior Secretary Doug Burgum announced that excavation will begin for an enormous arch that will bear Trump's name.

Trump has given significant attention to White House renovations and other pet projects around Washington, D.C., since returning to office. Trump's White House renovations have already cost nearly $1 billion, according to one analysis.

Keep ReadingShow less
Kevin Dillon, Adrian Grenier, Kevin Connolly, Debi Mazar, Doug Ellin, Jerry Ferrara, Rex Lee and Jeremy Piven posing on a red carpet event in front of an "Entourage" step and repeat.
Gregg DeGuire / Contributor/Getty Images

'Entourage' Creator Speaks Out After Debi Mazar Claims Set Became 'Toxic' After Birth Of Her 2nd Child

Loosely inspired by the early days of Mark Wahlberg's rise to fame in Hollywood, Entourage, which Wahlberg executive-produced, was one of the most successful original series ever produced by HBO.

Premiering in 2004, Entourage went on to run eight seasons, and win six Emmy awards, even spawning a film, which premiered on HBO in 2015.

Keep ReadingShow less
Evan Rachel Wood reflects on being recast in Practical Magic 2 after originating the role of Kylie Owens.
Jamie McCarthy/Getty Images; Courtesy of Warner Bros.

'Practical Magic' Star Evan Rachel Wood Reveals Nobody From Original Film Reached Out To Her Before Her Role Was Re-Cast For Sequel

When Practical Magic 2 was announced last year, fans were ready to head back to the Owens family home—but apparently, not everyone from the original cast got the invitation.

The sequel picks up 25 years after the 1998 cult classic, with Joey King and Maisie Williams taking over as Kylie and Antonia Owens, the daughters of Sandra Bullock’s Sally. The recasting hasn’t exactly worked its magic on everyone, with fans complaining about Evan Rachel Wood and Alexandra Artrip being replaced in the roles they originated.

Keep ReadingShow less