Cheapism is editorially independent. We may earn a commission if you buy through links on our site.

An image of a stack of college textbooks next to bottled waters.
Cheapism/jovan_epn/Smederevac/istockphoto

With the wealth of knowledge available at our fingertips, it’s a true shame that so many of us still fall prey to all kinds of elaborate scams. And we’re not talking about a one-off, “I got scammed, but learned my lesson” situation. Nope. There are far too many repeat instances involving the same scams. We combed through this informative Reddit thread and identified five common scams you’d do well to avoid. 

1. Streaming Platforms

An image of someone using a remote with a streaming service.
Giuliano Benzin/istockphotio

Unfortunately, streaming platforms have transitioned into the outer fringes, if not actually being in full-fledged scam territory. Subscription prices for a mere month to one of the streaming services that previously seemed affordable have inflated like never before, and it doesn’t appear that they’re going to slow down anytime soon. 

Want to save money on streaming? You’d be wise to just rotate your subscriptions.

2. Timeshares

An image of a mini house with a key attached on a sunny beach.
igoriss/istockphoto

Oh, boy. If you know anyone in your inner or outer circle that invested in a timeshare back in the day, you’ve likely heard their stressed venting about how the timeshare “economy” seems to be speeding at a terrifying rate towards rock bottom. As a depreciating asset, timeshares are full of financial pitfalls and surprise fees.

3. Minor Textbook Upgrades

An image of a student typing on their laptop with a notebook next to them.
PeopleImages/istockphoto

As if college wasn’t already expensive enough. Over 43 million Americans have federal student loan debt — a loan that they might very well never manage to pay off. And then you add pricey yet minimal “textbook upgrades” onto that mess? Get out of here with that noise. 

For more scams to avoid, please sign up for our free newsletters.

4. Chiropractors

An image of an elderly woman having work done at the chiropractor.
ljubaphoto/istockphoto

This is definitely a useful one to keep in your back pocket. Apparently, it’s far more beneficial (and financially worthwhile) to visit a physical therapist instead of a chiropractor. The former actually possesses a medical degree to help you with your pain. 

Related: 11 Ways and Accessories to Deal With Back Pain

5. Alkaline Water

An image of a bottle pouring water into a glass.
MILANTE/istockphoto

This one’s sure to be a tad bit polarizing. You likely know someone who’s an alkaline water fan — or maybe you subscribe to the apparent wonders associated with consuming the notably pricier alkaline waters of this world. 

Well, Redditor u/hdorsettcase writes, “I was in line behind a guy buying a big jug of alkaline water. Label said ‘guaranteed pH > 8.8.’ I asked him why that high of a pH was necessary. ‘Ramble, ramble, ramble, city water isn’t that high.’ I informed him the city’s water was higher 9.2. He questioned how I knew that. I told him I was the QA Chemist for the drinking water plant and had tested it three times today. ‘Well…I just don’t like the taste.’ Fair enough.”

RelatedIs Alkaline Water Good for You … or a Scam? We Asked Experts

Meet the Writer

Matt has spent the last 8 or so odd years as both a writer and editor in Seattle and Brooklyn, where he is now based. He loves escaping the tirelessly fast pace of the “Mad Apple” that is NYC by taking walks and runs through parks where he’s able to catch up on the latest tea about society from the city’s ever chatty, always hungry, occasionally rabid, pigeons. When he’s not taking his urban nature strolls, or dutifully combing the deepest rabbit holes of the internet to find the content that’s worth sinking your mind’s teeth into, he’s likely holed up at a dark-lit dive bar with a book and/or some friends, or just easily he could be on the hunt for the next addition to his steadily growing plant family.