They say you get what you pay for, but there are times when being a cheapskate actually pays off. PennyGem’s Johana Restrepo has more.
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00:00They say you get what you pay for, but there are times when being a cheapskate actually
00:08pays off.
00:10Generic prescription drugs have to have the same active ingredients and strength as brand
00:15name drugs, and they cost up to 85% less according to the FDA.
00:20Money Talks News reports that the same can be said for over-the-counter drugs.
00:24Try to reach for the store brand or generic version when you can.
00:28Don't buy expensive tools for a one-time project.
00:31Try to find stores or libraries nearby that you can borrow them from or reach out to friends.
00:37Furnishing a room can cost thousands of dollars.
00:40People put perfectly good furniture up for sale online all the time.
00:44If you're on a road trip and just need a place to spend the night, look for a cheap hotel.
00:49Everydollar recommends you also buy generic or off-brand cleaning products, pantry staples
00:55and condiments.
00:58For more information visit www.FEMA.gov