As a frugal person and a personal finance writer, I love saving money. But there are smart ways to save money and stupid ones. I’ve put together a collection of stupid things people do to save money in this post for your entertainment. In addition, I hope you can learn from these examples to better maximize your time and efforts to save and build wealth.
Hilarious Example Of Stupid Things People Do To Save Money
Here’s a hilarious example of stupid things people do to save money that I witnessed.
One time I was driving my old SUV Moose to the local Chevron station to puut air in his 18 inch beasty tires. When I pulled into the gas station, I came across the picture above.
Study the picture carefully, what do you see? What you see there are two lovely moms trying to figure out how to use an industrial powered air pump to inflate their baby stroller!
Avoiding A $10 Purchase To Justify Spending $800
The stroller was the deluxe version, with a nice visor, four off-road looking tires, and space for two babies. I looked it up online and it says I can buy the “Bumbleride Indie Twin Double All” for only $800. Wow!
Anyway, I told the moms to be careful, because the industrial power air pump is meant for tires 100 times the size and they could literally blow up their stroller tires.
They brushed me off, and said “Oh not to worry, we’ve done this before.” Hmmm, OK!
10 minutes later….. seriously, 10 minutes later, they are screaming at each other! “WTF is wrong with this thing! Ugh, how come I can’t the nozzle to fit?! We need to get a hand pump next time!”
For someone who has “done this before,” they sure are making a fuss and taking a damn long time!
I couldn’t help giggling like a school girl and started taking a couple pictures. It was seriously the funniest thing I’ve seen in a while. When I first arrived, they were standing behind another car who was getting its tires pumped.
It’s like waiting in line at the McDonald’s drive-through in your spandex behind a fuming exhaust pipe!
Are You Frugal Or A Cheap Bastard?
As I watched them curse at each other, I wondered why these women would not want to just buy a $10-$15 hand pump to inflate their 4X overpriced super stroller.
The only logical conclusion I got was they there were being cheap. They probably felt stupid for spending $800 on the stroller in the first place and didn’t want to spend any more money. After all, you can buy 5-star double jogging strollers for $199 on Amazon any day.
Seriously, who spends 10 minutes and all that frustration and embarrassment to try and pump their stroller wheels at the gas station! Just imagine them blowing up the tires and then having to buy a whole new stroller. Oh the stupid things people to do save money.
A List Of Things That Might Be Considered Cheap
During the 10 minutes I spent watching those silly women, I reflected on what type of cheap bastard things I’ve done. Could I also be part of the stupid things people do to save money club? Nah, I’ve never done anything cheap! Just kidding.
Here’s a list of things I’ve done to save money that might be considered cheap. What do you think?
Examples Of Saving Between $3 – $300
- Whenever I go to one friend’s tennis club, I’d rather drive around the block a couple times than pay the $3/hour parking fee. If I can’t find free street parking after 5 minutes, I quit. The club is in a sparsely populated area, so I feel bad paying for parking if I don’t need to. Cheap bastard?
- I’d rather starve than spend $13 on an over-priced sandwich at the airport, even if I know it won’t be another 3-5 hours before my next meal. Cheap bastard?
- Even though it’s 8pm, I’d rather wait 15 minutes for the bus to come, go on a 25 minute ride, and use my pre-paid monthly bus pass than pay $15 for a 10 minute cab ride home. Frugal or wasting precious time?
- Haven’t bought a new pair of jeans in 8 years because I think nice ones are a rip-off. Designer jeans for $200… really?! Besides, the Diesel jeans I bought 11 years ago for $120 still fit me. Cheap bastard?
- When I was in college, I bought my girlfriend an awesome fake Prada wallet when I went to a night market in China. I didn’t tell her it was fake, because it looked so real. Besides, I didn’t have the money to spend $300 on a real one. I think she finally figured it out, but I’m not sure. Cheap bastard?
Examples Of Saving Thousands Of Dollars
- I have a 7-year old TFT-LCD TV with faded color. But I’d rather keep watching it than spend $800-1,200 for a new one because it is such a pain in the ass to change systems. With new technology, I need to buy a new receiver and cable, leading to another $600+ in expenses. Frugal?
- Decided to put black tape on my car’s dashboard, rather than fix the traction control and ABS warning lights. My mechanic said it’d cost $1,500+ to fix. He said I didn’t need to fix it because the functions work; it’s just a circuit board bug. I do feel a little embarrassed if I take someone I don’t know for a ride. I hope they don’t notice the black tape. Cheap bastard?
- My furnace is around 13-15 years old, but still works. It costs about $3,000 to replace it with a more energy efficient, better looking, new one. I don’t want to bother until it breaks. Frugal?
- I saved years and years of living expenses by the time I turned 30. Could have spent like Snoop Dogg, but didn’t. My reasoning was I needed to save because I was whipped so hard at my first job from ages 22-24, that there was no way I could survive if I had to work more than 20 years. Cheap bastard?
Frugal Or Cheap Bastard?
There are countless stupid things people do to save money. As I’ve said before, there’s no point making money if you don’t spend your money! As I get older, I realize this more and more.
After experiencing the Asian crisis in 1997, the dotcom bust in 2000, the economic Armageddon in 2008-2009, and the global pandemic, it’s very hard to change my cheap bastard tendencies, but I’m trying!
How To Save Money The Smart Way
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Updated for 2020 and beyond.