Do you know some people who are really, really cheap? Then they will never spend money on the 17 things listed in this article. Take a look at them.
Dormancy Bank Fees
According to Experian, the average dormancy fee that a bank will charge is between $5 and $20. To avoid paying this charge, a cheap person will make sure their bank account is not inactive for more than six months. They will also refrain from using a bank that will charge a dormancy fee for inactivity.
Roaming
When a penny-pincher travels abroad, they refuse to pay for expensive roaming charges. Instead, they will take advantage of free WiFi hotspots or simply stay offline. This person turns their data off before leaving their country and will not turn it back on until they arrive back home.
End of Trial Payments
When a cheap person signs up for a free trial, they are sure to cancel it before the trial ends. They will not be caught out and end up paying for a streaming or music service that they had no intention of ever spending money on.
Convenience Store Snacks
“Smaller food stores have higher prices for most staple foods compared to their closest supermarket, regardless of proximity,” says the National Institutes of Health. Penny-pinchers refuse to pay more for snacks that they could get at a better price. They do all of their shopping at large grocery stores.
Calls
A tight-fisted person will never spend money on calls that they could make for free. They take advantage of social media apps that allow you to make calls via the internet. When this option is not available, they will try to find a toll-free number to make calls.
Newspapers
According to Mediacoverage.com, “the cost of a newspaper subscription can range from $8 to $30 per month or up to $360 for an entire year.” That’s a lot of money to spend on something you will only read once. That’s why stingy people will not spend money on newspapers and get their news via free apps instead.
Breakfast to Go
A stingy person will never grab breakfast from a café on the way to work. Spending money frivolously like this on a meal they could make at home is not part of their morning schedule. A person like this will have breakfast before leaving their house or take their breakfast with them from home to eat while they commute.
In-App Purchases
Most apps will now offer you an ad-free or higher-quality service if you are willing to subscribe or make some kind of in-app purchase. A cheap person will never make an in-app purchase. They are perfectly content with the free version of the app and have no intentions of paying for it.
Coffee
Statistics from BusinessDIT show that “the average American spends about $1,097 on coffee each year.” Spending over a thousand dollars a year on a beverage that you can make at home seems ludicrous to stingy people. They will not pay for expensive coffee from cafés.
Streaming
“People are spending an average of $552 on streaming services a year,” says Forbes. But tight-fisted people are not spending anything on streaming services. They refuse to spend money on services such as these and take advantage of free services even when they are full of annoying ads.
Brand Names
Items with brand names are always more expensive than generic options. But close-fisted people will not spend money on brand-name goods just to fit in and show off to others. They will look for an option that is both reasonably priced and of good quality.
Restaurants
Stingy people do not pay for meals at restaurants. They would prefer to make a nice meal at home with the ingredients that they already have. They know how much more expensive it would be to take the whole family to dinner and would prefer to spend a nice time together at home.
Movie Theater Tickets
A penny-pincher will never pay for expensive movie theater tickets. And this person will certainly never purchase extortionate movie theater popcorn. Instead of paying to drive to the movies and then park in an expensive bay, they will watch movies at home for free with homemade popcorn.
Bottled Water
“The average wholesale price per gallon of domestic non-sparkling bottled water was $1.23 in 2021,” says the International Bottled Water Association. A bottle of water a day will cost you hundreds of dollars a year. Cheap people do not spend money on bottled water. They carry water from home with them in reusable bottles.
Soft Drinks
Soft drinks from fast food restaurants are expensive. In many cases, it would be cheaper to buy a liter of soda at a supermarket than it is to buy one drink at a fast food restaurant. Cheap people know this and always avoid paying for drinks at fast food restaurants.
Sandwiches
A tight-wad will never spend money on expensive lunch foods like sandwiches. This person will prepare their lunch the night before or the morning of work and take it with them. They will never spend money at lunchtime on food because they know how quickly these little expenses add up.
Disposable Cleaning Items
Cheap people will never pay for a cleaning item that they will use once and then throw away. They are not stirred by our modern throw-away society. Instead, they will buy reusable cloths that they can use, wash, and then use again. They buy hard-wearing cleaning gloves instead of disposable gloves.