6 things you shouldn't overpay for

2/7/2020

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Society Story: 6 things you shouldn't overpay for

How much money do you overpay everyday? Have you ever thought that the price for some toothpastes, popcorn, clothes and even paper books is unreasonably high? Let's check how much money can be saved on your daily expenses.

#1 Food and drinks at the airport

At the airport or onboard the choice of food is very limited. That gives retailers a chance to sell their goods at a higher price. If you have no snack with you you’ll have to buy what is offered. For a cup of coffee or a sandwich, you can overpay at least 200%!

#2 Popcorn in the cinema

Almost all the income from cinema showings goes to movie production studios. To make profit cinemas offer snacks and soft drinks at a much higher price than they really cost. Here people can pay 1000% markup.

#3 Whitening toothpaste

Dentists say there's no a big difference between different kinds of whitening toothpaste. The market price is the result of marketers' work. You won't see any difference between toothpastes so there's no need topay almost 400 markup.

#4 Paper books

When we buy a paper book we pay not only for the author's work and paper. We also pay to the publisher and this is the main component of the price. We can overpay 400%. To see the difference check the price for e-books.

#5 Ink for printer cartriges

You can buy a printer at a really great price. However, you have to spend more money on ink. It is one of the most expensive liquids in the world.

#6 Branded clothes

People overpay for brands though sometimes the quality of branded clothes and accessories, their color and models are the same as those of cheaper clothes. For example, branded jeans can have 300% markup and sunglasses 1000% markup.

Do you have something to add or discuss? You are welcome to do so in the comments below! And remember to share it with your friends!

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What are your thoughts on this subject?

62 Comments

hughbran

I willingly pay the markup for books. Prefer the feel of a book in my hands over the fell of a smart phone or a kindle. The rest I agree with wholeheartedly.

Julie Allen

Buying a paper book will never be an over payment.

Kim B Ley

I'd rather pay more for a real book than an e-book

Raymond Cardona

I’m not surprised at these over priced items. I will never wear branded clothing as why should I give the company free advertising. Bonnie

Sean Case

I've been buying generic/store brands all my life! As an adolescent my Dad & Mom bought me a pair of Wrangler jeans & Monty Wards name brand. The Wranglers wore out before the Monty Wards did! Later in life I discovered that the only jeans that outlasted any others was Levi's but that was 40 years ago when Levi's were still produced in the U.S. of A! They might very well be the same as any other denims nowadays!

fog

I never buy clothing that turns me into an unpaid walking billboard for any company.

L Lh Adams

Many years ago,I worked at a factory that produced central air conditioners. The only difference between the high priced and cheaper ones was stickers applied in the last process.

Trish Simpson

Paper books? Totally disagree with that one. And #5 has me puzzled. Buying a soft drink and popcorn at the cinema is more expensive, but it's all part of the experience. I will agree with the others, though.

Coral Kathro

That's why the rich get rich and the poor remain poor .Spend wisely and appreciate how hard you had to work to accumulate your disposable income without wasting it on overpriced services and goods.

Scott

Rx drugs are a huge rip off, we go to Mexico, same drug, same dosage, same maker about 1/10 of US prices, Canada drugs also much cheaper...

David Ching

Cecilia Jorge Greene, Yes, they can be. But the contacts must be cleaned as soon as the cartridge comes out of the printer. Dried ink 'kills' the cartridge. kits are available at most stores, but with the throwaway society, a lot of customers just use landfill.

Scott

Knew most of these. I'm very particular about spending/wasting money on items that are branded over non- branded stuff. You're basically paying for the name.

lhammond

hughbran, go to the library! You pay nothing there!

Cecilia Jorge Greene

Can ink cartridges be refilled? How?

Doris Jones

A book in hand is worth it.

Kitty

You forgot those high priced Starbucks coffees.

Kitty

Raymond Cardona, we definitely no rent think alike.

mldopeydoc

Me too, I willingly pay the markup for books. Prefer the feel of a book in my hands over the fell of a smart phone or a kindle. The rest I agree with wholeheartedly.

lls

...I can agree with printer ink...

bina sarmah

I tell my kids invest in brand named items, wear regular brand.

bina sarmah

Raymond Cardona, Same here. I don't like to advertise for them. Either every rich ppl buy those items or low self esteem ppl.

William Mullen Crotty

hughbran, I'm with you on that!

William Mullen Crotty

hughbran: I'm in full agreement with you on this, I just want to hold a book in my hands and fully enjoy turning pages as I go for the finish line! I enjoy my e-books also, but much less than I enjoy holding a wonderful historic novel, or biography.