18 Common Money-Saving Tips That Don't Work In 2023

18 Common Money-Saving Tips That Don't Work In

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"Hyper-focusing on smaller issues while not caring about larger things. I know people who (despite being comfortably middle class) will collect coupons for everything, or buy clothes on sales only, or buy gasoline only from Costco. However, if I ask them about their bigger finances, they just draw a blank. No investments, no passive income, most of their money in the bank or in the house in physical form (which is basically depreciating due to inflation). Many don't even know their approximate ballpark net worth or what interest rate their bank is giving, and they also don't know how to do taxes to get good returns."

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