In the waning days of 2024, financial expert George Kamel explored a Reddit thread that asked users what items they had stopped purchasing to save money. The responses were plentiful and varied, reflecting a growing trend towards frugality. Kamel reviewed twelve notable items that people decided to cut from their budgets. These choices ranged from everyday household items to luxury experiences, each offering unique insights into how individuals are rethinking their spending habits to build wealth in 2025. This shift in consumer behavior highlights the importance of making thoughtful financial decisions that can positively impact long-term financial health.
Exploring the Frugal Choices of 2024
In the crisp, autumnal months leading up to the end of 2024, financial advisor George Kamel, known for his work with Ramsey Solutions, delved into a Reddit discussion on the subreddit #Frugal. The question posed was simple yet profound: "What have you stopped buying to save money?" Kamel, intrigued by the plethora of responses, compiled a list of twelve items that caught his attention. His review, shared through his YouTube channel, offered a detailed look at the practicality and wisdom behind each choice.
One item that stood out was plastic storage containers. Many users opted for glass alternatives, citing durability and hygiene as key factors. Kamel heartily endorsed this switch, noting that glass containers last longer and do not absorb odors or stains. Another significant change involved bottled water. While Kamel admitted he hadn't fully transitioned away from it, he acknowledged the benefits of investing in a reverse osmosis filtration system—a more expensive but ultimately worthwhile investment for those who can afford it.
Cigarettes, which have become increasingly costly, especially in states like New York where a pack can cost around $12, were another item people chose to eliminate. Kamel strongly supported this decision, emphasizing the health and financial benefits. Concert tickets, often priced in the hundreds or even thousands, also fell victim to budget cuts. Kamel pointed out that the additional fees associated with attending live events made them an unwise expenditure for many.
Paper towels, often seen as a symbol of middle-class convenience, were another item people stopped buying. Kamel, while personally reliant on paper towels due to his messy family life, suggested that others could find reusable alternatives. Soda, particularly when purchased at restaurants, was deemed too expensive and unhealthy, leading many to cut back. Kamel called it one of the biggest rip-offs in history, highlighting its high cost and negative health impacts.
Salon services, including haircuts and manicures, were another area where people sought savings. Kamel advised caution here, suggesting that while DIY options can be cost-effective, they may sometimes require professional fixes. Artificial Christmas trees replaced real ones for some, offering a more economical choice despite environmental concerns. Kamel approved of this move, finding real trees too cumbersome and wasteful.
Seasonal decorations, often bought in excess, were also reconsidered. Kamel agreed that while festive decor brings joy, excessive spending on it is unnecessary. Seasoning mixes, such as taco seasoning, were replaced with individual spices, though Kamel found this approach a bit extreme. Pet toys, which dogs often ignored, were another non-essential expense people chose to cut. Kamel, a pet owner himself, strongly supported this decision.
Finally, food delivery services like DoorDash, riddled with hidden fees, were avoided by many. Kamel strongly endorsed this choice, using these services only in emergencies. Overall, Kamel's review underscored the importance of making mindful financial decisions that align with long-term goals.
From a reader's perspective, Kamel's insights offer valuable lessons. By carefully evaluating our spending habits and eliminating unnecessary expenses, we can better position ourselves for financial success. The frugal choices highlighted in this discussion serve as a reminder that small changes in daily habits can lead to significant financial gains over time. Embracing a more intentional approach to spending can help us build wealth and achieve greater financial stability in the coming year.