ADVERTISEMENT
Article created by: Justinas Keturka

Money comes and goes, and when you consider the fact that more than half, or 58%, of all Americans are now living paycheck to paycheck, saving becomes as important as ever. This usually starts with cutting down on unnecessary spending.

To find out what people can do without, Redditor u/gejiw94601 made a post on r/AskReddit earlier this month, asking everyone, "What's the biggest waste of money?" Since then, it has received over 2.6k comments, prompting a discussion on our budgeting, spending habits, and everything inbetween. Here are some of the most popular answers to their question.

#1

Set of mechanic hand tools including wrenches and sockets arranged in a toolbox representing waste of money topics. Buying pro-grade stuff you don't need is wasted money. My dad once told me to not spend excessive money on tools at first. Buy them for dirt cheap, learn which tools you really need, and when they break, replace them with quality ones.

HarlequinSyndrom , cottonbro studio Report

RELATED:
    #2

    Close-up of a diamond ring on red fabric illustrating the biggest waste of money discussed by 22 people. Diamond rings.

    stoned2life , Sabrianna Report

    #3

    Close-up of Twitter app icon on a smartphone screen, illustrating social media as a common discussion topic on waste of money. Twitter verification.

    Ev_anaga , Brett Jordan Report

    ADVERTISEMENT
    #4

    Two luxurious gold-coated macarons on a black plate with a gold spoon, symbolizing the biggest waste of money. Gold Food, or more accurately food that are covered in something called gold leaf. In my eyes, food are worth buying if they provide a great amount of nutrition for considerably good prices. After all, you probably avoid paying 50 million dollars just to buy a few molecules that are useless to your health and needs And then there's gold leaf food, sure the food looks fancy but at the cost of ludicrous amount of money! And with the gold having no usable nutrients at all, it just not worth it to buy such expensive food for relatively small amount of nutrients For instance, Industry Kitchen(hopefully that's the name of the place) at NYC serves a pizza with a gold leaf covering for a whopping price of $2000. While at my home country which is Indonesia, Domino's serves an American Classic Cheeseburger Pizza(idk that's a thing) which is the most expensive pizza I could find on the website costs around $7 which is just baffling to me

    ScopeRicrit , Dani Rendina Report

    ADVERTISEMENT
    ADVERTISEMENT
    #5

    Elegant table setting with flowers and glassware, illustrating a common example of the biggest waste of money. Weddings. Crazy expensive day. Guaranteed at least one relative will kick up a stink. Massive pressure to be The Happiest Day of Your Life. Everything doubles in cost if you say its for a wedding (dress, suit, cake, venue) Just do the quick registry office paperwork, have a surpise party and run away for a long honeymoon with the money you saved.

    PinchAssault52 , Photos by Lanty Report

    #6

    Person wearing a black Prada bucket hat and quilted jacket, highlighting views on the biggest waste of money. Buying ridiculously expensive clothes to flex.

    PinkLemon4 , Valentin Angel Fernandez Report

    #7

    Interior of an empty historic church with wooden pews and candles, illustrating biggest waste of money concept. Those that are donated to house of worships, for pastors to buy private jets & catholic priest to play dress up

    hhempstead , Clay Banks Report

    ADVERTISEMENT
    #8

    Man in a plaid shirt using a laptop and holding a cup, illustrating biggest waste of money discussions online. NFT artwork.

    mila_OF , KAL VISUALS Report

    ADVERTISEMENT
    #9

    Silhouettes of soldiers carrying backpacks walking along a waterfront, illustrating biggest waste of money discussion. War...what is it good for.......?

    Bladerunner2028 , Pixabay Report

    #10

    Cigarette resting in an ashtray representing one of the biggest wastes of money people mention. Cigarettes. $13+ for a pack of cancer

    Myzx , Mikael Seegen Report

    #11

    Person wearing headphones playing a video game with colorful lighting, highlighting biggest waste of money discussions. Donating to rich twitch streamers. I’ll probably never understand why people do it.

    dring157 , Fausto Sandoval Report

    ADVERTISEMENT
    #12

    Casino roulette table with stacks of chips placed as people discuss the biggest waste of money in gambling bets. Gambling for sure

    snazyfragz , Kaysha Report

    ADVERTISEMENT
    See Also on Bored Panda
    #13

    Older man in a suit shaking hands outdoors, illustrating concepts of biggest waste of money in a business context. Donating to politicians.

    __Arty__ , Andrea Piacquadio Report

    #14

    King and queen wearing elaborate crowns and regal robes waving during a formal royal event, discussion on biggest waste of money. Coronations and monarchies in general.

    Fife_Flyer , wikimedia.commons Report

    #15

    Smartphone displaying cryptocurrency market prices and trends highlighting waste of money in digital investments. Cryptocurrency.

    ImAnAgentOfChaos1322 , Behnam Norouzi Report

    ADVERTISEMENT
    See Also on Bored Panda
    #16

    Two people shaking hands in a friendly meeting, illustrating conversation about biggest waste of money opinions. Celebrity meet and greets. I have a friend who is not very well off financially, and is complaining about money to me once a week. Yet she always seems to have money to pay for a celebrity meet and greet at least twice a year. Some of them are only a couple hundred dollars, but some can get really expensive, really fast. For what? A picture next to a famous person? They neither know you, nor do they care about you.

    PuddlesRex , Thirdman Report

    ADVERTISEMENT
    See Also on Bored Panda
    #17

    Lottery tickets with marked numbers representing a common example of the biggest waste of money according to many people. Playing the lottery.

    Jon__Snuh , Waldemar Report

    ADVERTISEMENT
    See Also on Bored Panda
    #18

    A professional drawing permanent makeup lines on a woman's eyelid, illustrating cosmetic procedure waste of money debate. Unnecessary plastic surgery

    No-Independence-6842 , cottonbro studio Report

    #19

    Plastic water bottle with droplets, illustrating a common example of the biggest waste of money. Bottled water.

    Mhyra91 , Francesco Paggiaro Report

    #20

    People watching a large fireworks display at night highlighting the biggest waste of money debate. Fireworks, i love them, but it's like 50$ per second for the good ones.

    endisnigh-ish , Zuza Gałczyńska Report

    ADVERTISEMENT
    ADVERTISEMENT
    See Also on Bored Panda
    #21

    Person holding a smartphone, sharing opinions about the biggest waste of money while sitting on a bed. Any dating apps subscription - like find out who liked you now for only a billion dollars!

    tonyhawk101 , Tim Mossholder Report

    #22

    Person placing food delivery boxes into an insulated bag outside a building, illustrating biggest waste of money concept. Third-party delivery i.e. DoorDash/Uber Eats/GrubHub The fees + tips are exorbantly high, and a normally affordable fast food meal becomes the price of a sit-down restaurant meal or more. This is from first hand experience lol

    aylubb , cottonbro studio Report

    ADVERTISEMENT
    See Also on Bored Panda