Many people are looking for different ways to save money. But sometimes attempting to be frugal can actually be more expensive, according to FiveCentNickel.com.
Some gas stations are less expensive than others, but it doesn't make sense to drive across town for gas that's two cents less per gallon, according to the article. Consumers can lose money driving to the less expensive gas station if it's far away. People can easily analyze if going to the other gas station is cost effective or not. Sometimes, the search itself for a cheaper gas station isn't economical.
Not having the Internet can also be costly, according to the article. Having the Internet can make it easier to go without cable television, as there are various sites for online streaming. Most premium online sources charge a fee, having cable TV is much more expensive. Access to live sporting events is much more limited online.
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