9 Ways Being Frugal Can Actually Cost You Money

It doesn't always pay to go for the lowest possible price. Find out where frugal shoppers make their biggest mistakes.

7. Cutting back on nutritious food

You may be tempted to reduce the presence of healthy, costlier foods like fresh produce in your family meals. But replacing nutritious food with less expensive fillers or processed foods can be bad for both your waistline and overall health.

For more tips to help you avoid wasting money at the grocery store, check out “20 Items No One Should Ever Buy From a Grocery Store.”

8. Frequenting deal websites

These are what I like to call the forbidden fruit. When websites like Groupon and LivingSocial burst onto the online scene, Americans were in a frenzy.

I’m no exception. I got sucked in and vowed to myself that I’d buy just this one thing. But it turned into a lot of fine dining vouchers, spa treatments and weekend excursions, some of which I didn’t even use.

9. Shopping at warehouse clubs

This is another area where doing it properly can produce major savings. These businesses pride themselves on selling you massive quantities of a particular item at a discounted rate.

But what happens if you can’t consume it all before the expiration date? And let’s not forget about the membership fees and the storage space you will need at home.

Plus, have you compared the per-unit price? Are you sure you’re always getting a better deal?

For more advice on what to avoid, check out “19 Things You Shouldn’t Buy at a Warehouse Store.”

Are you too frugal? Let us know in comments below or on our Facebook page.

Allison Martin
Allison Martin @amthewriter
After spending years as a governmental accountant, I decided to transition into the world of freelance writing. When I'm not busy writing, I enjoy mentoring mommy-preneurs and helping others manage their finances. ... More

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