# 3625: 6 Ways Being Cheap Can Cost You Money by Michelle Schroeder-Gardner of Making Sense of Cents Page: https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents Text version: https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents.md Podcast: [Optimal Finance Daily - Financial Independence and Money Advice](https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660) Published: 2026-07-11T07:00:00+00:00 Episode link: https://traffic.megaphone.fm/OLD1801145411.mp3 Audio file: https://traffic.megaphone.fm/OLD1801145411.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/optimal-finance-daily-financial-independence-and-money-advice-879660/episodes/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents Duration seconds: 475 ## Resource Get the 200+ Page Optimal Living Daily Workbook (PDF) — Free. Want to turn today’s episode into an actionable plan? Join the Optimal Living Weekly newsletter and I’ll send you our 200-page digital workbook immediately. It’s packed with the best takeaways from the show, formatted for easy reading and implementation at home. Get your free PDF workbook here: ⁠https://oldpodcast.eo.page/join⁠ Discover all of the podcasts in our network, search for specific episodes and learn more at:⁠ OLDPodcast.com⁠. Episode 3625: Michelle Schroeder-Gardner shares six common ways that trying to save a few dollars can actually lead to bigger expenses, from buying low-quality clothing to skipping insurance and routine maintenance. Her examples reveal how focusing only on short-term savings can cost you time, money, and peace of mind, while encouraging smarter, long-term financial decisions. Read along with the original article(s) here: https://www.makingsenseofcents.com/2014/10/6-ways-being-cheap-can-cost-you-money.html Quotes to ponder: "DIY will not always save you money." "You do not want to skip maintenance and have to pay more money later because a major problem could have been prevented, or do a shoddy maintenance job and find out the whole thing needs to be completely redone." "Many people each and every single day make the mistake of trying to save money, yet end up wasting money in the end." Episode references: Groupon: https://www.groupon.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/optimal-finance-daily-financial-independence-and-money-advice-879660/episodes/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/optimal-finance-daily-financial-independence-and-money-advice-879660/3625-6-ways-being-cheap-can-cost-you-money-by-michelle-schroeder-gardner-of-making-sense-of-cents.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.