regret purchase

Sometimes Being Cheap Costs You Money

Posted on 10/15/2012 by |The Ultimate Cheapskate | Comments

Money & SavingsFrugal folks rightfully take great pride in all the terrific bargains they score and how much they manage to save through their thrift-craft. I’ve met thousands of proud, self-proclaimed “cheapskates” over the years, I know all about bargain hunting bragging rights. But sometimes even the most savvy shoppers slip up and buy something that turns out not to be quite the bargain they thought it was, and that’s the theme of this week’s “Cheap Regrets” Savings Challenge. Enter the Cheap …

When Frugality Goes Wrong

Posted on 03/26/2012 by |The Ultimate Cheapskate | Comments

Money & SavingsAs a professional cheapskate, I have an allergic reaction whenever I pay more for something than I think it’s really worth. But there have been a few times when I’ve attempted to economize and later regretted it. Here’s my Top Six List of Frugality Gone Wrong: Wimpy power tools: As a general rule of thumb, I’ve found that it always pays to buy the best tools you can afford at the time.  This is true not only of power tools, …