Tag: consumer habits

March 7, 2025 Off

The Frugality Trap: When Saving Money Costs You More

By The Admiral Staff

The article highlights ten common ways frugality efforts can backfire, ultimately costing more money. These include wasting meal prep, overspending on groceries, impulsively buying sale items, driving excessively for cheaper gas, going carless and incurring alternative transportation costs, buying unreliable used cars, forgetting to cancel free trials, failing at DIY projects, subscribing to too many streaming services, and accumulating debt with rewards credit cards. The article offers practical remedies for each situation to help readers save money effectively.

September 4, 2023 Off

Beyond the Basics: What Luxuries Do Americans Really Need?

By The Admiral Staff

A survey by Thermosoft International Corporation polled 1,000 Americans to discover what luxuries they couldn’t live without. Top items included internet access, smartphones, pets, clothes dryers, a nice mattress, domestic travel, and beauty/skincare products. The Penny Hoarder provided tips for saving money on each of these, ranging from using smartphones for internet access to shopping for used appliances and utilizing cashback apps for travel. Other frequently mentioned luxuries were eating out, buying organic produce, and