The Salt Lake Tribune
Thursday, February 26, 2009
Things we pay too much for
The BillShrink.com web site has compiled a list of things we spend too much money on. My personal favorites:

Pseudo health products — Slap a "low fat" or "all natural" label on something and we gladly pay more, even though these products can be just as unhealthy as other foods without these labels.

Brand new technology - Waiting to buy that flat screen television or other technology product nearly always pays off in lower prices.

Bottled water - It costs much more than filtered tap water and may not be much better, yet we gladly pay more. 

Individual cups of coffee - Whether purchased from a restaurant,  gas station, or coffee shop, you'll pay way more than if you brewed your own at home.

Prepackaged food - The less food preparation work you do, the more you pay.

Late fees/overdraft fees - Paying late fees and overdraft fees add up quickly. So can ATM fees.

 

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About Lesley
   Lesley Mitchell has been a business reporter at The Tribune since 1997, covering real estate, the retail industry, personal finance and economic development. She's been a devotee of frugal living for more than three decades, starting when she was 8 and began washing cars (rain insurance anyone?) as a way to fund her goal of early retirement. A graduate of Utah State University's MBA program, Lesley, and her family, are dedicated to finding creative ways to save money, avoid debt and still have fun.
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   How do you and your family save money? Send an e-mail to lesley@sltrib.com.