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11 Things You Should Stop Spending Your Money On In 2024

You work hard for your money. And when you’re just starting out, it’s likely your income barely covers your expenses. So spending it on things that just aren’t worth it is a cruel thing to do to yourself. It’s just like your food splurges: When it comes down to it, you’re better off putting your cash (or calories) toward some expenses rather than wasting it on others. I’d rather put my money elsewhere than spend it on these 11 things that just aren’t worth it.

Don't Spend Money On It

1. DVDs

Is anybody still selling them? With streaming services, you’ll probably be able to find any movie you’d want to watch with a service you already pay for!

2. Meals Out That You Could Easily Make Yourself

Dining out is something that I make room for in my budget, and when I go out, I make sure to order something I couldn’t easily make myself. Why pay more for a meal that could be put together for less and taste just as good?

3. Upgrading Your Rental Car

It’s oh-so-tempting to rent a ride that’s much sweeter than your own when you’re on vacation. Resist the urge to upgrade your rental; depending on the length of your stay, you could end up paying hundreds more than necessary. A rental car isn’t a status symbol.

4. Bottles of Wine at Restaurants

Every time I select a bottle from a restaurant’s wine menu, I cringe at how much the prices are marked up from the retail cost of each bottle. Try and find places that will let you BYOB or order by the glass, and save the wine list ordering for special occasions. One caveat: If you and your dining partner plan on drinking more than one glass each, a less expensive bottle may be your best bet.

5. Detergent That’s for Darks Only

The laundry detergent intended for dark clothes only is a pretty smart marketing gimmick, but it’s not worth buying into. Despite what the companies want you to believe, one bottle of detergent is enough to cover your various color loads without ruining the brights and darks.

6. Bottled Water

Investing in a reusable water bottle eliminates the need for costly single-use bottled water, helping both with financial savings and environmental sustainability. In addition to economic benefits, you also contribute to reducing plastic waste.

7. Brand Name Cleaning Supplies, Meds, Etc.

Store-brand alternatives in cleaning supplies and medications are often as effective as their pricier branded counterparts. Choosing economical alternatives can save you a lot of money without compromising on quality.

 

8. First Class/Business Class Tickets on Domestic Flights

Spending extra on first-class or business-class tickets for domestic flights, which are typically short, may not justify the added cost. Save the premium travel experience for longer international trips, where the extended duration and additional amenities are worth it.

9. Lunches Out

Preparing lunches at home is a budget-friendly alternative to regularly dining out, as the cost of purchasing meals can accumulate quickly. By opting for homemade lunches, you not only save money but also have greater control over the nutritional content of your meals.

10. Premium Gas When You Don’t Need It

Using premium gas when your car’s manual doesn’t require it is an unnecessary expense that has no benefits. Stick to the recommended fuel grade to optimize cost-efficiency and avoid spending extra on fuel that doesn’t enhance your vehicle’s performance.

11. Magazines Without a Subscription

Subscribing annually proves to be a more economical choice, ensuring consistent access to reading material at a fraction of the per-issue cost.

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