In the past, many things were much more affordable, allowing us to enjoy activities like cinema outings or holidays with ease. However, with the dramatic rise in costs, these pleasures are now much harder to justify. Here are 16 items that used to be budget-friendly but are no longer worth the expense.
Bottled Water
HomeWater says the reason bottled water costs more than tap water is due to “the manufacturing, transportation, and advertising costs of producing each bottle.” Not only are there financial costs associated with drinking bottled water, but there are also environmental ones. Instead, try purchasing a reusable bottle and drinking tap water.
Gourmet Coffee
Daily coffee shop visits can seriously start to add up, especially when including all the extras like syrup and whipped cream. One way to reduce this cost is to buy a coffee maker and a flask for the home. Coffee and syrups can be purchased in bulk from plenty of online stores, saving both money and time.
Cinema Tickets
There’s no denying that cinemas have become insanely expensive over recent years. They’ll generally cost £10 or even £15 for a single ticket, and even then, you’ve got to pay £10 more for popcorn. It’s completely unaffordable, leaving many of us to simply enjoy movie nights at home.
Petrol
Rising fuel costs have caused driving to become much more expensive. It’s caused a huge shift toward electric cars, which are not only better for the environment but are also more cost-effective. More people are also turning to public transportation, which, although it may be less reliable, saves much more money.
Charity Shop Finds
Going charity shopping has become more fashionable over a short period of time, and this is thanks to people looking to be more sustainable. However, a negative effect of this has meant that second-hand items have become more expensive, sometimes even rivaling the price of new items.
Streaming Service Subscriptions
The Verge writes, “Netflix has raised the cost of its subscription multiple times since its launch. Disney Plus, Hulu, and ESPN Plus have all gotten more expensive as Disney has invested more in streaming.” With so many platforms, it can mean people are spending a significant amount of money on streaming services each month.
Gourmet Crisps
Premium brands are charging more for their crisps by advertising them as gourmet, so consumers believe they’ll taste better. Instead, people should compare the cost versus the value when it comes to buying snacks such as crisps. Generic and store brands are much better value for money, and sometimes you can’t even taste the difference.
Rent
Rent prices have skyrocketed in large cities, making it nearly impossible to find an affordable place to live. It’s become a huge challenge for someone to find a home, which can result in longer commutes, as you have to live on the outskirts or sometimes have to share a house.
Luxury Sports Activities
Luxury sports such as golf and skiing used to be more expensive than they are now. For example, Stitch Golf writes, “It’s no secret that golf is expensive, considering the clubs, bags, balls, fees, and training you’ll need.” Instead, people are now choosing to opt for recreational activities that don’t cost so much, such as hiking.
Satellite TV
Traditional satellite TV packages are becoming far too expensive, especially compared to online options. Many people have decided to give up cable due to it being too expensive and to save on their monthly expenses. Now people can tailor their entertainment options online and choose only what they know they’ll watch.
Brand Name Fashion
Designer clothing has much higher markups on its clothing and accessories, so much so that people prefer to opt for more economical options. Younger generations are emphasizing that people should focus more on their personal style and expressing themselves rather than worrying about the latest high-end trend.
Uni Textbooks
As a uni student, it can be hard to keep up with the expenses of textbooks each semester, especially when they seem to become more expensive each time. This is supported by Vox, which writes, “When students buy a textbook, they aren’t just paying for the binding and the pages; they’re paying for the research, editing, production, and distribution of the book.”
Gym Memberships
With gym memberships becoming more expensive, it means people are choosing home workouts. Especially with the increase in remote working, it means more people are at home, making it a cheaper and more convenient method. A person can take part in YouTube workouts or even download specialist apps.
Smartphones
The initial cost of a smartphone is becoming more expensive with each new model. With the increase in costs, people prefer to purchase a refurbished option from previous generations, as it’s more cost-effective. To save money on smartphones, it’s important to figure out what a person may actually need versus what they want.
Air Travel
Air travel has become more costly over the years. There have been increased ticket prices and fees, which have made air travel more expensive. Sometimes an airline may even sell cheap tickets but then present hidden fees if you need to include things such as checked baggage.
Organic Groceries
How Stuff Works writes, “Production costs for organic foods are typically higher because of greater labor input and because farmers don’t produce enough of a single product to lower the overall cost.” While organic groceries may be more expensive, they are healthier and more eco-friendly versions, so balancing between favorite organic products and grocery store brands could be an option.