Woman covered in shopping bags looking regretful

Everyone likes finding a bargain, but some deals are just too good to be true. Flash sales and “buy one, get one free” offers can trick you into spending more than you planned. Here are fourteen things that seem like smart buys but often end up costing you extra.

Flash Sales

Sale signs in a store window with a person looking in
Image Credit: Tommy Ngai TAk Yeung via Shutterstock.

Flash sales often create a sense of urgency, pushing you to buy things you weren’t planning on purchasing. While the price may be lower, you could end up buying items you don’t need or won’t use. Flash sales can lure you into impulse buying, turning a “deal” into unnecessary spending.

💸 Take Back Control of Your Finances in 2025 💸
Get Instant Access to our free mini course
5 DAYS TO A BETTER BUDGET

BOGO Offers

Man shopping for video games
Image Credit: Shuang Li via Shutterstock.

“Buy one, get one free” sounds great, but it only saves you money if you need the second item. Otherwise, you’re simply spending more on something you didn’t intend to buy. If the second item is something you wouldn’t have purchased, then you’re not really saving—you’re just spending more.

Extended Warranties

Red pencil writing on a warranty paper
Image Credit: Alexskopje via Deposit Photos.

Extended warranties may seem like a solid purchase, but they’re often unnecessary. Most products last longer than their warranties, and the coverage is limited. Instead of spending extra on a warranty, consider setting aside the money you would have spent for potential repairs. You may come out ahead in the long run.

“Free” Shipping

Delivery person holding packages
Image Credit: Belchonock via Deposit Photos.

Free shipping is one of those deals that sounds too good to pass up, but it can lead to extra spending. To qualify for free shipping, you might end up adding more items to your cart, pushing you to buy things you don’t need. Free shipping isn’t really free if it leads to unnecessary purchases.

Designer Brands for Basic Items

Man's brown leather belt and shoes
Image Credit: Nongnut Moijanghan via Shutterstock.

While designer brands may look like they offer superior quality, they’re often overpriced for basic items. A simple T-shirt or bag doesn’t need a luxury label to serve its purpose. Instead of paying for the name, look for non-designer options that provide the same functionality without the hefty price tag.

Coupons That Don’t Actually Save Much

Person looking at coupons on their phone
Image Credit: Weedezign via Deposit Photos.

Coupons are often advertised as great ways to save, but sometimes the savings are minimal. Spending time looking for a coupon that only saves a few cents or dollars might not be worth the effort. When coupons don’t offer substantial savings, it’s better to focus on larger discounts or value-driven purchases.

Loyalty Programs That Only Offer Small Rewards

Person pulling a loyalty rewards card out of their wallet
Image Credit: AndreyPopov via Deposit Photos.

Loyalty programs can be enticing, but they’re often not worth it unless you regularly shop at the same place. Some programs offer only small rewards that take a long time to accumulate. If you’re not a frequent shopper, the time and money spent to earn rewards often outweigh the benefits.

Expensive Convenience Foods

A pizza with different veggies on it.
Image Credit: Stockcreations via Shutterstock.

Convenience foods, like pre-cut veggies or pre-made meals, may save time, but they cost more. While it’s easier to buy ready-made options, cooking from scratch is almost always cheaper. Instead of paying for convenience, consider putting in a little extra time to prep meals yourself for bigger savings.

Credit Card Points That Don’t Add Up

Woman sitting at her laptop with her credit card
Image Credit: PheelingsMedia via Deposit Photos.

Many people use credit cards with rewards programs, hoping to cash in on points. But if you’re not paying off your balance every month, the interest charges could outweigh the rewards. Plus, it can take a long time to accumulate enough points for meaningful rewards. It’s better to focus on saving than chasing points.

Expensive Fitness Plans

Yoga class filled with people
Image Credit: PeopleImages.com via Deposit Photos.

Signing up for gym memberships, workout apps, or class packages can sound like a great way to get fit, but those costs sneak up if you’re not going often. Wasted fees pile up fast when you skip workouts or forget about auto-renewals. Before buying into a big fitness plan, try using free YouTube workouts, walking, or other outdoor activities that don’t cost a thing. You’ll stay active and keep more money in your pocket.

Home Improvement “Deals”

Vintage mid-century modern home decor
Image Credit: Followtheflow via Deposit Photos.

Home improvement stores love offering discounts on bulk purchases, but sometimes you end up spending more than you need. Buying in bulk or investing in expensive upgrades that you don’t really need can hurt your budget. Focus on the essentials and only buy what will truly improve your home’s functionality.

Expensive Gift Cards

Hand handing a red gift card to another hand
Image Credit: Andrey_Popov via Shutterstock.

Buying gift cards for a discount can feel like a good deal, but if you’re not using them, they’re just wasted money. Whether you buy them for yourself or as gifts, the value is often locked away until it’s spent. If you don’t regularly shop at the store or use the gift card, it’s just cash you could have kept.

High-Interest Financing Plans

Blocks setup to increase in height with a arrow pointing up
Image Credit: SewCreamStudio via Shutterstock.

Many stores offer financing plans with low or no interest, but they can trick you into spending more than you planned. If you don’t make your payments on time, the interest rates can skyrocket. Instead of financing a purchase, it may be better to save up or find a more affordable option.

Retail Credit Cards With “Instant Savings”

Cashier checking out a customer looking annoyed
Image Credit: MrWinn via Shutterstock.

Retailers often entice you to sign up for their credit cards by offering instant savings on your first purchase. However, the interest rates on these cards are usually high, and you could end up paying more in interest than you saved. Unless you plan to pay off the balance right away, retail credit cards often aren’t worth it.

Upgraded Car Features You Don’t Need

woman checking car electronics on dashboard
Image Credit: Vadimphoto1@gmail.com via Deposit Photos.

Upgrading your car with features you don’t really need is often a waste. Extra features like leather seats, advanced tech packages, or upgraded rims can significantly increase the price of the car. Stick to the features that truly add value to your daily life and save yourself from paying for extras you’ll never use.

Time for a Reality Check

Woman returning clothing to a cashier at a store
Image Credit: Odua Images via Shutterstock.

It’s easy to get caught up in the excitement of a good deal, but not every “deal” is as good as it seems. While some offers may sound like a great way to save, they can end up costing you more in the long run. Before making a purchase, take a step back and evaluate whether it’s really worth it or if you’re just being lured into unnecessary spending. By being mindful of where you’re spending your money, you’ll have more room to save for the things that truly matter.

I’m Frugal. Here Are 55 Ways I Save Every Day

Cool girl wearing a beanie
Image Credit: Khorzhevska via Shutterstock.

This huge list of more than 50 frugal living hacks teaches you how easy it can be to live frugally and intentionally. Some of these tips will save you some serious money, and some might only save you a few dollars, but those savings, compounded over time, can have a huge impact on your budget. I’m Frugal. Here Are 55 Ways I Save Every Day