Big Money Wasters
There is a lot of things people that are just a waste of money. Sometimes money is wasted and you may not even know it. I found some big mark-ups in retail from walletpop.com. So here they are:
- Wine in restuarants. Restauranters will mark up a glass of wine 400% over retail and only about 200% for an entire bottle. Either skip the wine or buy the bottle. I guess some states will allow to bring your own wine or bring the bottle home with you. If you live in a state like this then buy the bottle.
- Precut produce- to have your salad vegetables already cut is waste of money and I think we can all agree on that one. Sure it is convienent but you could just buy a food processor and use it to chop your vegetables, this will save you time and money
- Movie concessions- I think we all know that we have to donate a kidney for popcorn and soda at the movies. I know we are not supposed to take stuff into the theater but if you do it right you won’t get in trouble and you will save a ton of money. I always brought my own goodies to the theater.
- Eye level grocery items- I don’t see this where I work but I guess some grocers will mark up items only because people will look and buy them because them need them and they are there.
- brand name medication- I love all the hoopla about name brand medicines and how they “claim” that they are the best really the generics go through the same FDA testing as the name brand drugs and work just as well
- organic produce at the grocery store- the way to get around this is shop at your local farmer’s markets or farmers in your area. You will see the savings pile up.
- non organic produce at the grocery store- case in point this past season I bought corn from a local grower for $1.99 a dozen at the grocery store the going rate was $3.99 a dozen, catch my drift
- restaurant coffee- no big surpise there
- restuarant french fries- another story from my past. I worked at the local fair for a week to earn some money. For a small thing of fries would cost someone $3.50 at the time a 50# bag of potatoes cost the retailer only $15
- fountain soda- anyone who ever worked with fountain soda knows that the syrup and carbonated water are so cheap and but yet the store will charge over a dollar or almost 2 for a cup of fountain soda. Sometimes fountain soda is cheaper than bottled soda so do a little price comparison before buying.
I know sometimes some of these items are unavoidable but if you are always running low on money maybe some of these are the reason why you are low money. Maybe you can cut down on one of these items or cut it out completly.
I am huge supporter of buying from local producers and you can save a ton of money and help the local economy by buying from local producers.
