In this day and age, being careful aboutmoneyis just downright good advice. Most people fall into the trap of overspending, splurging, and “retail therapy,” with disastrous results for their savings. But some costs are still worth paying, as some folk’sexperiencesshow.

This post may includeaffiliate links.

There Was A “Cat Tree” On AliExpress For Super Cheap. I Figured “How Bad Could It Be, Really? I Can’t Stop Laughing

My Frames Broke, So I Forced My Lenses Into Some Cheap Sunglasses Frames. I Look Ridiculous, But I Can See At Work

To Be Fair My Wife Did Think This Paddling Pool Was Suspiciously Cheap

Given thatmoneyhas been around for a pretty long time, it’s not exactly surprising that some folks get a bit obsessed with the idea of being frugal. From people way too into coupons, to a nearly pathological desire to utilize every sale, it’s easy to notice when someone overvalues money and absolutely undervalues their own time.This is perhaps why the saying “penny-wise and pound-foolish” has been around sincethe 16th century. For non-UK readers, the pound being referenced here is money, not a unit of weight. The idea is not hard to grasp. Some people are so obsessed with saving a little, one way or another, that they end up making, as seen here, costly mistakes.

Given thatmoneyhas been around for a pretty long time, it’s not exactly surprising that some folks get a bit obsessed with the idea of being frugal. From people way too into coupons, to a nearly pathological desire to utilize every sale, it’s easy to notice when someone overvalues money and absolutely undervalues their own time.

This is perhaps why the saying “penny-wise and pound-foolish” has been around sincethe 16th century. For non-UK readers, the pound being referenced here is money, not a unit of weight. The idea is not hard to grasp. Some people are so obsessed with saving a little, one way or another, that they end up making, as seen here, costly mistakes.

Buying Cheap Educational Toys Is A Bad Idea

I hope my friend doesn’t have any urgent needs tonight.

Booked A Cheap Hotel In Lisbon With A Friend. The Pictures On The Booking Website Never Showed The Toilet And The Bed In The Same Picture

I Was Too Cheap To Pay For A Sea View Room At My Hotel In Brighton… Ended Up Getting A Gull View Instead

It’s not that it’s bad to befrugal. Like in all things, balance is key. For example, some might be familiar with the “boots” theory of economic inequality. This comes from Terry Pratchett’s 1993 novel Men at Arms, where a key characterargues that“A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years' time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.”

Grow Your Own Vegetables, They Said. Save Money, They Said

That’s What I Get For Buying Cheap Knives

My Wife Suggested Buying A $99 Dresser, But I Said I Could Build One Cheaper. 2 Years And Several Hundred Dollars Later

Interestingly, this theory holds water even in the real world. For example, many companies offer payment plans, with interest on certain items, for example, children’s boots. Researchers looked atone instance, kid’s boots from Fingerhut that cost $25 on the spot or $37 with a payment plan. Poorer people tend to opt for the payment plan as they might not have the cash they need on hand.

Sister: “I’ll Save So Much Money If I Cut The Dogs Hair Myself”. She Is No Longer Allowed Near The Dog

Bought A $20 Smartwatch From Wish. I Guess, I Deserve This For Being Cheap

I Thought I Was Being Frugal By Buying A Steak From The Dollar Store

My Dad Never Wanted To Spend The Money On A New Toy After My Woody Doll Broke As A Young Child. I Present This Cursed Creation That I Spent An Unholy Amount Of Time With

I Guess That’s What I Get For Buying Pooreos

I Installed My Own Microwave Today And Saved $150 In Install Fees

But, alongside the literal costs, there are negative side effects of being too frugal. Case in point, while some might call themselves frugal, others will use a word with a more pejorative connotation, the infamous “cheap.” This is largely a difference in opinion, but one has to admit that it’s possible to be so obsessed with saving every last penny that you end updestroying friendships.

Purchased A New Bed With A Free Adjustable Frame. I Didn’t Know It Came With Bed Bugs. Thanks, Mattress Firm

Ever Thought About Hiring A Cheap Barber From Craigslist? Think Again

I Guess These Are The Cheap Seats

There is an important balance to strike. Sometimes you need an expert. After all, you wouldn’t ask your random friend to perform even “routine” surgery on you, unless they were literally a surgeon. So why would you assume you could perform repairs on a variety of household items? To be fair, there is a growing movement to allow people torepair thingsthemselves, but this doesn’t actually mean it will be cheaper.

My (Frugal) Friend’s Old Glasses At The Eye Doctor. Yes, That’s A Twig

Why Spend Money On A Hands-Free Set When You Can Do This

Frugal Engineering

Of course, for some, “not paying for it” isn’t just a practical consideration, it’s a way of life. But there is a fine line between actually being handy and thinking “How hard can it be?” That line tends to be crooked and surrounded with poorly hammered holes. Unfortunately, that incredible feeling of a good deal can be so intoxicating that, in the search for more, you end up overlooking massive flaws.

My Boyfriend’s Mom Decided To Save Some Money And Trim The Dog’s Hair Herself… He Is A Pomeranian

Me And My Business Partner Decided To Share A Hotel Room In Order To Save Some Money. We Weren’t Expecting This

Bought 10 Mg Gummies Since I Was Taking Two 5 Mg Each Night And Thought I’d Save Some Money. Turns Out The 10 Mg Container Is Still Just 5 Mg Gummies And They Tell You To Take Two

At the same time, people arepossessiveover money. After all, it can sometimes take our literal blood, sweat, and tears to get it, so spending it without a “good” reason can seem unthinkable. This ends up leading to a person undervaluing the risks. The results of this sort of thinking are littered across this article for all to see.

When I asked him about it he said that they had the type I asked for in stock, but he got this one because it’s cheaper. He kept the change.

I Gave My Roommate Money To Get A Very Specific Brand Of Toilet Paper When He Went To The Store (It’s Triple Ply And Durable), And He Brought Back This

My Cheap Tape Measure Is Missing The 40-Inch Marker

Struggling To Make Ends Meet But Decided A Camping Trip Would Be Cheap Fun. The Oak Tree Had Different Plans

My Company Found Cheaper Gloves. These Came Out Of The Same Box

I Have Officially Learned My Lesson About Buying Cheap Furniture From Amazon. Have Had All Those Plants/Pots For Years

Rhode Island Is Removing Trash Cans From Public Parks And Beaches To Save Money. No Way This Could Go Wrong

Why Spend Good Money On A New Bike When You Can Recycle?

Never Broke A Phone In My Life. First Day I Get My New One With No Insurance, I Drop It From A Height Of 4 Feet And This Happens

Fierce Storms In Sydney Today. Countless Brave, But Cheap Little Umbrellas Fought The Wind, And Rain. And Lost

When The Boss At Your Dive Bar Is Too Cheap To Get The Ceiling Leak Fixed

Lesson Of The Day: Don’t Buy Cheap Stuff On eBay From China

I Bought A Cheap Newton’s Cradle, And This Is What I Got

Good Reminder Not To Buy Things Too Cheap

This $4 Swan Pool Float From The Dollar Store

Bought Some Coasters From Amazon. Before You Make Fun Of Me, I Am Admittedly Young And Naive. This Was Me Trying To Save Money On My First Apartment

I’m Broke, But On A First Date… I Think It Went Okay. She Hasn’t Texted Me Back In A Week, She’s Probably Busy

Stayed At A Cheap Hotel This Weekend. Wasn’t Quite Prepared For This Level Of Sketch

Happy Neh Year! From The Discount Store

At Least He Saved Money, Right?

My Landlord Cheaped Out And Hired A Friend To Rebuild Our Back Fence. I Don’t Think This Is His Area Of The Expertise

Spent The Last Of My Money On Some Cheap Eats, And My Hot Pockets Were Empty

This Is What I Get For Buying Cheap Bacon

Quality Pallet - 1, Cheap Hammer - 0

Got this puzzle at a thrift store because I’ve always wanted a puzzle of the earth. Took me six months to finish it because of work and life getting in the way. When I finally finished it I found out that I was missing a piece. Went to the manufacturer’s website and it says they can’t give you replacement pieces.

Got A Puzzle At A Thrift Store

I Used Some Cheap Clippers That Gave Out 1/3 Of The Way Through Shaving My Head

He Bought The Wrong Size Because It Was Cheaper

Continue reading with Bored Panda PremiumUnlimited contentAd-free browsingDark modeSubscribe nowAlready a subscriber?Sign In

Continue reading with Bored Panda Premium

Unlimited contentAd-free browsingDark mode

Unlimited content

Ad-free browsing

Dark mode

Subscribe nowAlready a subscriber?Sign In

Decided To Save A Little Money On A Hotel Room. Here Is My $35 A Night View

Turns out manufacturers have put some sand wrapped in plastic in there for weight compensation (essentially the microphone is these 3 tiny wires)

So A Couple Of Days Ago I’ve Noticed That Sand Was Pouring Out Of My Microphone (A Cheap One As You Can Tell)

Two May 4ths? That’s What I Get For Buying The Cheapest Product

This Is What Happens When You Wanna Cheap Out On Your Floors, Then I Get Paid To Remove It And Do It The Right Way

My Grandmother Asked Me To Borrow My Kitten. To Save Money, Grandma Took Her To A Non-Profit And Got Her Spayed As A Feral/Stray Cat, Without Telling Me. They Docked Her Ear

Have to get a whole new water main installed, also facing a $1,000+ water bill due to wasted water.

Spending $6,000 Because Some Idiot Who Built This House Cheaped Out And Used PVC For Part Of The Water Main

When You Know Someone Who Can Do It Cheaper

See Also on Bored Panda

My Accommodation In A Cheap Japanese Hotel Was Next To Two Karaoke Rooms. The Walls Were Thin

How My Cheap Asian Father Avoids Having To Buy A New iPad Charger

Spotted A New Prototype For A Tailgate In Alabama. Buying A New Tailgate Can Be Expensive, So Sometimes You Need To Improvise

We Are Selling Our House And Have To Kennel Up Our Dog For Small Periods During Showings. Needless To Say, The Cheaper Option For Kennels Is Not The Correct Answer

My School Cuts The Mouse Pads In Half To Save Money

Using A Cheap Walmart Knife I Haven’t Used In Years To Cut Cold Butter Is Lots Of Fun

This Flamethrower Of A Lighter From A Discount Store

Tried To Save Money By Having My Roommate Cut My Hair. She Forgot That She Took The Guard Off

My Fiancée Said I Could Design Our “Save The Dates” To Save Money On The Wedding… She Didn’t Like My Designs

I Went To A “Cheaper” Store And The Expiry Dates Were Changed

I Moved Apartments To Save Money. First Week Without An Underground Garage

I Think This Is What I Get For Buying The Cheapest Option

Went To The Dollar Store For Some Quick Cheap Party Decorations… Happy Dirthbay

This Is What I Get For Coming Home “Too Early” In The Morning, And Cheap Keys

I Guess I Deserve This For Being Cheap

I Bought A Super Cheap Rug, And This Made Me Laugh So Hard After Noticing It

I Said Just A Little Off The Top… I Heard My Friend Say “Oops” As She Was Cutting My Hair Then Start Laughing. The Things We Go Through To Save Money

My Glasses Finally Came In This Morning. I Paid $375 And Decided To Save $80 And Not Get Insurance And My Daughter Got Ahold Of Them 2 Hours After Arriving

I Ordered A Nintendo Case For My Phone. I See Why It Was So Cheap

Bought A Cheap External Hard Drive Only To Discover It Was A Resoldered Flash Drive In Disguise

When You Upgrade From Dollar Store Readers To $15 Drug Store Ones Because They Don’t Look “As Cheap”

I found it today for ~$20 cheaper than usual and decided to treat myself. This happened as soon as I got home.

I’ve Been Itching To Get A Handle On Johnnie Walker Black Since My First Time Trying It A Few Months Ago, But I Couldn’t Justify Spending So Much (For Me) On It

Don’t Get Your Isolation Gloves From The Discount Store

Had A Flood On Christmas Eve. Scrounging Around For Cheap Furniture. This “Was” Free

Let’s Buy The Cheap Tickets This Time

Decided To Change The Brakes Myself To Save Money. Work Is 45 Km Away

I Tried Churning Butter For The First Time, Thinking It Would Be Cheaper Than Buying It

Drove 2 Hours To Get Cheap Booze. Lost 7 Bottles Of Wine When We Opened The Hatch Of My Car

Purchased A Flip Phone From A Thrift Store, Instead Of Providing Me With The “Actual” Battery, They Inserted Three Double-A Batteries

I Found An Incredible Deal While At A Thrift Store In A City About 3 Hours From Me. Once I Got Them Home, I Realized Why They Were So Cheap. The Owner Had One Leg That Was 1-1/4" Shorter

Cheap Water Heating System Caught Fire

That’s Why You Don’t Get Cheap Tattoos

After Driving All Day To Find A Cheap Used TV, We Found A Nice 55” For 160$. Brought It Back From Around 3 Hours Of Driving, Only To Ding It Up During Set-Up

I Ordered Some Cheap Gloves, And The Liner Was Made From Uncut Playing Cards

The Inside Of This Cheap Door Is Filled With Cardboard

In USA, Bought A Cool Thin Sony Blu-Ray Player At Thrift Store (Super Cheap), Then I Saw The Cord

Bought Some “No Name” Brand Cookies Today. Trying To Be Frugal

I Always Knew My Friend Was Frugal, But Didn’t Realize How Much Until I Saw His “Sunglasses” In His Glove Compartment

Overcooked Some Cheap Sausage A Little Bit And They Dramatically Exploded

My Father-In-Law Likes To Save Money By Doing His Own Repairs

Thought I’d Save Some Money By Cutting The Chops Myself… Realized When I Got Home, That I Had Bones To Contend With

I Found Cheaper Seat With More Leg Room (Thanks To Being In An Emergency Exit). Thought I Was Going To Be On A 737, But Delta Had Other Plans. I Still Hear Humming

Never Buy Cheap Headphone Cables

I’m On A Tight Budget, So I Decided To Buy The Biggest, Cheapest Peanut Butter In The Store. The Seal Was Broken. They Also Wouldn’t Give Me A Refund Since I Didn’t Have A Receipt

After Spending All My Money On Surround Sound I Couldn’t Afford Wall Mounts. This Is My Solution To The Problem

Replaced A Bunch Of Lights In All Of My Rental Properties To Save Money In The Long Run, Only To Have The Light Fail On Each One In The Same Spot On The Board

I’m Assuming It’s Those Cheap Walmart Tires From Down The Street

Cheap Packaging Handle Broke Before I Got To The Car

Wanted To Save Money By Biking To Parents, Wheel Broke, Ended Up Spending A Lot More With Train And Repair Costs

The Cheapest Ticket I Saw Was Like $530 I’m Better Off Watching On Instagram Stories

Now, I’ve had my second flat tire within two weeks, and both times my wheels were almost destroyed. And I’ve had my car for only a month.

Didn’t Get Wheel & Tire Warranty When I Bought My New Car Because I Never Got A Flat Tire Before And Thought I Was Saving Money

Save Money And Make Your Burrito At Home They Said

Seems Like A Prelude To Salmonella

When You Trying To Save Money During Covid And Opt Out Takeout For The Cheaper Freezer Pizza Option

Modal closeAdd New ImageModal closeAdd Your Photo To This ListPlease use high-res photos without watermarksOoops! Your image is too large, maximum file size is 8 MB.Not your original work?Add sourcePublish

Modal close

Add New ImageModal closeAdd Your Photo To This ListPlease use high-res photos without watermarksOoops! Your image is too large, maximum file size is 8 MB.Not your original work?Add sourcePublish

Modal closeAdd Your Photo To This ListPlease use high-res photos without watermarksOoops! Your image is too large, maximum file size is 8 MB.Not your original work?Add sourcePublish

Add Your Photo To This ListPlease use high-res photos without watermarksOoops! Your image is too large, maximum file size is 8 MB.

Add Your Photo To This List

Please use high-res photos without watermarks

Ooops! Your image is too large, maximum file size is 8 MB.

Not your original work?Add source

Modal closeModal closeOoops! Your image is too large, maximum file size is 8 MB.UploadUploadError occurred when generating embed. Please check link and try again.TwitterRender conversationUse html versionGenerate not embedded versionAdd watermarkInstagramShow Image OnlyHide CaptionCropAdd watermarkFacebookShow Image OnlyAdd watermarkChangeSourceTitleUpdateAdd Image

Modal closeOoops! Your image is too large, maximum file size is 8 MB.UploadUploadError occurred when generating embed. Please check link and try again.TwitterRender conversationUse html versionGenerate not embedded versionAdd watermarkInstagramShow Image OnlyHide CaptionCropAdd watermarkFacebookShow Image OnlyAdd watermarkChangeSourceTitleUpdateAdd Image

Upload

UploadError occurred when generating embed. Please check link and try again.TwitterRender conversationUse html versionGenerate not embedded versionAdd watermarkInstagramShow Image OnlyHide CaptionCropAdd watermarkFacebookShow Image OnlyAdd watermark

Error occurred when generating embed. Please check link and try again.

TwitterRender conversationUse html versionGenerate not embedded versionAdd watermark

InstagramShow Image OnlyHide CaptionCropAdd watermark

FacebookShow Image OnlyAdd watermark

ChangeSourceTitle

You May Like30 Frugal Choices That Ended In Tears, Fires, And FiascosIlona Baliūnaitė"Starts To Bleed Into The Relationship": 30 Times Frugal Crossed The Line Into CheapIndrė LukošiūtėSome Things Are Associated Only With Rich People, And Here Are 29 Of Them, As Shared OnlineRūta Zumbrickaitė

Ilona Baliūnaitė

Indrė Lukošiūtė

Rūta Zumbrickaitė

Work & Money