20 Things I Won’t Pay For

September 21, 2017

I really like saving money. It’s my natural tendency after so many years of practice – and I have to try to hard to “splurge.”

I think my ability to save is a valuable asset, so I’ve put together a list of things that I DO NOT spend money on.

  1. Car Payments: I’ve never made a car payment and I vowed to only purchase a car if I can pay fully in cash. A car is a pitiful excuse for an investment. the value just goes down, down, down. I’ll let you eat the depreciation then buy it for pennies on the dollar in 6 years.
  2. Cable TV – Why would I pay $60/month to watch a bunch of junk every night? A $6 digital antenna and free online options provide all the mindless entertainment I can stand.
  3. DVDs – I borrow from a friend or use a free redbox rental.
  4. Music – Why pay when free sources such as Spotify, a friend’s music, Pandora, etc. are available?
  5. Trash Bags – I always use plastic ones saved from the grocery store.
  6. Full price movie tickets – Instead, I occasionally go with the wife if it’s half off.
  7. Snacks at the movie theater – Bring your own.
  8. Hair Cuts – My brothers used to cut my hair when I was a child, and I have cut my own for the last few years. (However, if you do pay, make sure to go somewhere inexpensive, like Great Clips.)
  9. Gym Memberships – Tons of home workout programs can be found for free online. More than that, most people won’t use a workout system more than a week. Ever heard of an evening jog, 100 jumping jacks, and 20 pushups?
  10. Cigarettes – Pay to shave years off my life? No thanks.
  11. Overpriced Cellular Service
  12. Soda – Except Zevia, which is a stevia based soda
  13. Car washes – Come on. DIY.
  14. The Local Paper – It’s all online, for free. Most local “news” is a complete waste of time anyway.
  15. Tanning – What ever happened to good old fashioned sunshine? Try washing your car to tan for free.
  16. Extended Warranties – Almost always a long term loser.
  17. Fast Food – Rarely, if ever.
  18. Expensive Sunglasses – The Dollar Tree has an excellent selection for $1, and Goodwill has a plethora as well.
  19. Lotto tickets – “The lottery is a tax on people who are bad at math.”
  20. Valet Parking – No thanks! Gotta love that exercise.

What things do you avoid paying for?

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52 Comments on "20 Things I Won’t Pay For"

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Jonathan Mckinnon
Jonathan Mckinnon

Great article, I would even go as far to say air fresheners too – just open a window or boil cinnamon tea.

Marjorie
Marjorie

That’s a great list. Definitely a lot of ‘extras’ we can all do without specially the cigarettes and fast food. I’m curious as to how you cut your own hair. I thought of doing that for a while but couldn’t figure out how to cut the back properly.

Kat
Kat

My boyfriend and I love traveling but we never pay for fancy hotel accommodations. We have a limit of Php500 (about $12.50) per night for two people when a hotel room costs about Php2500 ($62.50 ). We never pay for rooms with air-conditioning. Just a room with a fan will do.
When taking a plane we never pay for extra luggage and seat reservations. We travel with backpacks, and if we’re not seated next to each other on the plane, no problem.

cow
cow

I really like your helpful list. The best part is your humor – diet poison, a wife – man’s best friend, and flip phone (complete with Bahaha) are all hysterical!

Hmm…what, if anything can I add to the list?
1. Maid (although we don’t spend much time on cleaning, we haven’t caught anything yet)
2. Purses/handbags (I have purchased two in 10+ years)
3. Clothing (we wear jeans, t-shirts

James
James

These are all great ways to save money

Just make sure everyone to not look down or criticize people who decide they want to spend their money differently than you. You might think a $4 cup of coffee at Starbucks is a waste of money, but if someone has an extra $4 to spend, and they really enjoy Starbucks coffee, then it IS a good use of their money.

Thanks though for the list!

Caleb
Caleb

Pretty nice list! One thing to add that came to mind is *whole/universal life insurance*. Dave Ramsey has a decent explanation (http://www.daveramsey.com/article/the-truth-about-life-insurance/), and I’m sure there are other great (and more complete) explanations elsewhere. Buy term and save what you would have been spending to get whole life–then, you get to keep your own money!

I’ll have to wander around your site a bit more–it looks like you have some good info, so keep it up!

MLIR123
MLIR123

It really is shocking to see how many people spend money they don’t have on things they don’t need. Seriously, if you have money issues, do you really think you should be buying cigarettes, adding to your health and life insurance costs, buying an iPhone, etc? It is shocking what people do and then complain they don’t have money. Just shameful.

Lissa Marie
Lissa Marie

I like your list, and I’m sure there’s a million of other things to save on. Just have to be creative. Thank you for sharing.

Brad
Brad
Great list! I just cannot bring myself to buy a drink at a restaurant. I don’t drink soda any longer, but when I used to, it would crush me to spend over $2 plus tax and tip for something that costs them about 5 cents to make. And don’t get me started on alcohol at a restaurant — that’s even worse. $5 at a minimum for a beer you could comfortably consume at home for less than a dollar. No thank you! It’s bad enough to go out to eat for one’s health and wallet, but if you have to,… Read more »
Shannon
Shannon

Just discovered your blog and love it! An add to the list….paper towels and napkins. Don’t see the point of buying something specifically to throw it away! Cloth napkins can be made from scrap cotton material or picked up for pennies at thrift stores

Bill
Bill

Birth control – seriously. I won’t get into details, but … a little forethought, some willingness … ’nuff said.

SarahN
SarahN
Tanning can be the spray type – which is better than fake bake or real bake. I suppose skin cancer is more of an issue in Australia. (but a better argument would perhaps be ‘I’m not that vain’) Sadly commentluv won’t go back far enough to my recent posts on ‘things I spend on’ and ‘things I save on’. I ‘spend’ on coffee namely as a social thing – my BF and father love it, so I do it with them. Otherwise, over the last year, I’ve phased out of wanting to buy them most of the time.
KC @ genxfinance
KC @ genxfinance

Starbucks is overrated. You can get the same taste with a cheaper price. But still guilty with some of these and working on the others. 😀