What Is Frivolous Spending?
Frivolous spending is money spent on things that don't add real value to your life. It's the daily coffee habit, the 8th streaming subscription, the Amazon packages that arrive and sit unopened.
The problem? These small purchases feel insignificant in the moment. But they add up to thousands of dollars every year.
The Most Common Frivolous Expenses
- Daily coffee shops - $5/day = $1,825/year
- Food delivery apps - $200/month = $2,400/year
- Forgotten subscriptions - Average person wastes $240/year
- Convenience store snacks - $10/week = $520/year
- Impulse Amazon purchases - Often $2,000-5,000/year
How to Stop Frivolous Spending
Step one is awareness. You can't fix what you can't see. By analyzing your actual spending data, you'll discover patterns you never noticed - like how those "small" purchases are draining thousands from your bank account.
That's where Just Budget comes in. Upload your bank statement, and our AI will identify every frivolous expense hiding in your transactions.