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The top 15 ways to waste money

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  • The top 15 ways to waste money

    Ways to Waste Money - AOL Money & Finance

    Most of these are right on! Do you agree?

  • #2
    I agree with everything but the toilet paper. I won't give that up!

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    • #3
      That was a good article plus they had another one there about THE 5 VICES THAT BLOW YOUR BUDGET. They are: smoking; shopping; texting; nite owl; and lottery.

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      • #4
        Interesting list...yeah, I generally agree...except for that toilet paper...won't give up on that yet.
        Last edited by jedi; 07-18-2007, 08:28 AM.

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        • #5
          Interesting article. I agree with most of the points and it was a solid list overall.

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          • #6
            Good list. I think toilet paper was meant as a joke.

            I happen to disagree with gambling being a waste, but it depends on the situation. I count gambling as part of my entertainment budget. We don't blow a lot of money on things most people do. We have limited basic cable $10/month, we don't eat out a lot, we hardly ever go to the movies, we don't smoke and hardly ever drink alcohol, no bottled water, no Starbucks, we don't buy much clothing and when we do it is moderately priced stuff. We live a pretty frugal life. So if I want to spend an hour or two at the casino, I see nothing wrong with that. In fact, we just decided to go to Atlantic City this Saturday. My last visit, 2 weeks ago, I won $80. The visit before, last month, we lost $6. The visit before that I broke even. No wasted money yet. In fact, I'm ahead for the year.
            Steve

            * Despite the high cost of living, it remains very popular.
            * Why should I pay for my daughter's education when she already knows everything?
            * There are no shortcuts to anywhere worth going.

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            • #7
              Originally posted by disneysteve View Post

              I happen to disagree with gambling being a waste, but it depends on the situation. I count gambling as part of my entertainment budget.
              gambling is a waste because it gives you the promise of winning and most people go into it with the hope of winning.

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              • #8
                Originally posted by jamai View Post
                gambling is a waste because it gives you the promise of winning and most people go into it with the hope of winning.
                I understand that. I just look at is for the entertainment value. I enjoy playing. I could spend a couple hundred dollars and go see a Broadway show for 2 hours or I could take that same money and play blackjack for a couple of hours. I enjoy both activities and don't consider either one to be a waste of money.
                Steve

                * Despite the high cost of living, it remains very popular.
                * Why should I pay for my daughter's education when she already knows everything?
                * There are no shortcuts to anywhere worth going.

                Comment


                • #9
                  if you gamble for entertainment...great..no worse than a movie (and like for you and for my husband can turn out cheaper...or a profit) but if you see it as a way to get ahead...a way to win big...like a lottery..total waste.

                  Now having said that...the list includes many entertainment 'wasters'

                  And one 'waste' ... waste is a waste? err you would think on a list of things to waste you would list them..not just repeat the name of the list...

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                  • #10
                    Saw one today that I'd have to add to the list: Automatic sprinklers running while it's raining! Ugh! Wasting resources as well as money.

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                    • #11
                      I agree completely with most of what I saw. Thanks for posting this link.

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                      • #12
                        I actually disagreed with almost everything on the list and found it mildly irritating.

                        To my way of thinking, pretty much the only "waste" of money is using it for kindling. Everything else is just choices and I actually think it's pretty nervy to pass judgment on what people buy (within the bounds of the law and financial solvency, of course).

                        I'm a bottled water-buying, cable-subscribing, restaurant-eating, toilet paper-using, gift-wrapping, trash bag-disposing person who happens to be leaving for Vegas this Friday. I sure don't have plans to apologize for any of it either. I'm doing just fine.

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                        • #13
                          Originally posted by pearlieq View Post
                          I actually disagreed with almost everything on the list and found it mildly irritating.

                          To my way of thinking, pretty much the only "waste" of money is using it for kindling. Everything else is just choices

                          I'm a bottled water-buying, cable-subscribing, restaurant-eating, toilet paper-using, gift-wrapping, trash bag-disposing person who happens to be leaving for Vegas this Friday.
                          Great post and you make a good point. We all have different priorities. I may think it is a waste to spend $50,000 on a car (or $30,000 for that matter) but someone else might drive a BMW and think it's a waste that we go to Disney World every year. You may buy bottled water but cook most meals from scratch at home while someone else things bottled water is a waste even though they eat out 7 days/week.

                          As for Vegas, that list shows $2,000 for gambling. Obviously, if you go and lose $2,000, you wouldn't be happy. Last time we went to Vegas, however, I won a few dollars short of what our hotel bill came to, so a 5 day stay at Excalibur ended up costing us about $50. I don't think that was a waste at all.
                          Steve

                          * Despite the high cost of living, it remains very popular.
                          * Why should I pay for my daughter's education when she already knows everything?
                          * There are no shortcuts to anywhere worth going.

                          Comment


                          • #14
                            If you tried the tap water at my house you wouldn't think bottled water is a "waste"

                            While I agree with most things and go to supercuts to get my $12 haircut every six months, I know people that go because it is their reward for working so hard. It is how they relax, and a nice fancy ambience is how they treat themselves, just like some people do with vacations, gambling, starbucks, etc.

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                            • #15
                              Oh and the comment about sprinklers in the rain, you're welcome to come to my house and run around the back of the house in a thunderstorm to turn off the sprinklers when it rains. But I must warn you, by the time you make it around the house, the sun may be out again.

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