Money Wasters: Holiday Edition

Throwing Money Away

Americans are getting into the spending spirit this holiday season. Consumers spent $45 billion shopping during Thanksgiving weekend, an increase of nearly $4 billion from the year before. The number of consumers shopping for deals on Cyber Monday increased significantly as well. In total, retail sales picked up significantly throughout November, and will likely continue to stay strong for the month ahead. While this may be good for the economy, it’s arguably more important now than any other time of year to be mindful of how much you spend and whether a product is really worth buying. After all, many people are still paying down their debts from the previous holiday shopping season. We rounded up 10 products you should avoid buying, either because the item will be cheaper another time during the year, there are cheaper alternatives or simply because the item really is not worth the money. Photo Credit: Novemberwolf