Retirement
from24/7 Wall St.
2 days ago8 Ways Being Cheap Can Backfire
Cutting costs on quality, maintenance, or tipping can create higher long-term expenses, wasted time, and damaged relationships.
On the frugal side of TikTok, the "buy it nice or buy it twice" adage is making the rounds, with creators like @christina.mychas echoing the phrase, "I'm too broke to buy cheap sh*t." In her comments, one person said, "[You should] spend like a millionaire on the things you use all the time - bed, mattress, pillow, jeans, shoes, etc." Another wrote, "In Spanish there's a saying, 'Lo barato sale caro,' which is 'the cheap turns out to be expensive,'" and it's really resonating.