Tuesday, July 31, 2012

Don't be too frugal!

Check out this post from Yahoo Finance (http://finance.yahoo.com/news/5-ways-you-re-frugal-to-a-fault.html)-- You CAN actually be frugal to a fault.


5 Ways You're Frugal to a Fault





Extreme Couponing
Cutting coupons may take more time than it's worth.

Sure you might end up with more for less, but is all that clipping, running around and stocking up paying off? After adding up all the hours and gas mileage spent hunting down deals, you may be  netting less than you think. Coupons are beneficial when used in moderation, but if they become an obsession, as they have for many Americans, you may also end up with a space issue — with more cereal and toothpaste than you have room for.  
  
Dollar Store Deals

While there are some serious deals to be had at your local dollar store, not everything there is worth its discounted price. Consumer Reports has found that some items may actually be unsafe to buy. For example, be careful when buying products like extension cords, lamps and other electrical items, as they may bear false or missing UL labels certifying their safety. In a past test, Consumer Reports also found that about half of dollar store vitamin brands had fewer nutrients than claimed.
 
Fast Food Consumption 

While fast food is quick and convenient, the long-term health and financial costs may outweigh the benefits and savings you pocket today. For example, the Cancer Project found that most items advertised on Value Menus were loaded with saturated fat, sodium and cholesterol. Many items were also linked to an increased risk of cancer.  That said, fast food chains are becoming more health-conscious and adding healthful options to their menus. Stay informed on the go. The Restaurant Nutrition app and Calorie Counter app, both free, let you look up nutritional information for food items at many restaurants and chains. 
 
DIYing

No comments:

Post a Comment