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10 things Americans waste money on

By DaveRamsey.com

For the Deseret News

Published: Tuesday, Oct. 8 2013 4:06 p.m. MDT

There are so many places in our daily routine where money can be wasted without us knowing it.

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We don’t think much about them. But we need to, because there are so many places in our daily routine where money can be wasted without us knowing it. It’s ridiculous enough to make a list, so we did. Here are 10 things we waste money on in America today:

1. Credit card interest

The only thing dumber than buying something you can’t afford is buying something you can’t afford at (insert huge credit card interest rate here). You don’t get jack for that extra money you fork over.

2. Deal websites

Hey, remember that time we bought a laser-hair removal deal for 78 percent off from that startup place all the way across town and used it for the full amount and within the specified time limit? Neither do we.

3. Appetizers

Restaurants already have lunch and dinner portions so big you need a box to bring home the leftovers. Why pay an extra six bucks to get something that will take up more room in your stomach before the main meal is even brought out?

4. ATM fees

When we use a bank that is not ours, they charge us. Then, our bank charges us again. Don’t think that it’s just two bucks here or three dollars there. It adds up. And don’t even get us started on the overdraft fees that could result from bounced checks. Speaking of which …

5. Overdraft fees

For these, there’s just no excuse. If you add correctly, and spend less than you make, you’ll never pay a dime of overdraft fees. Fees result from sloppiness, pure and simple.

6. Speedy shipping

Seriously? Do we think that book or those clothes we ordered online will solve our life’s problems to the point we can’t wait four to 14 days for a package to arrive? With priority shipping, the only thing that moves faster than the package toward you is your money – away from you.

7. Designer baby clothes

Also known as “glorified stain gatherers.” Why do we spend $20 on a “Feed me, or no one sleeps” t-shirt that is three ticks away from being covered with breakfast? On top

of that, they’ll wear it only two or three times before either outgrowing it or the season changes.

8. Unused gym memberships

How is it that so many people join a health club around New Year’s resolving to lose weight, and there are so many empty treadmills come January 15? Unlike the commitment, the monthly dues don’t stop. Besides, you can run around the block for free.

9. Premium cable packages

Not only do we not watch 90 percent of the channels that are on, but with so many “reality” shows and specialized stations TV, as a concept, is about as rich as a person who lives paycheck to paycheck.

10. Daily coffee trips

Back before coffee shops started popping up on every street corner, people brewed it themselves. We, as a culture, seem to have gotten away from that. You don’t need the caffeine to get your heart thumping–just take a look how much money you dish out for that sugary concoction after a month or two.

Take a look at your own budget, and see where your cash might be getting away from you. It can happen easier than you think!

—Used with permission from daveramsey.com

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