Recently I was at Sainsbury and I was deciding which tomatoes to buy the cheap ones or the expensive ones.
Sure if I buy the cheap ones I would have saved money, but the downside is they taste like shit, or to be more clear they taste like water.
On the other hand, if I buy the expensive ones I get some hand-picked vine tomatoes full of flavour. You can smell the sweetness on them.
An Important Lesson
I decided to buy the more expensive ones and didn’t regret the decision.
Sometimes at face value things can be cheaper or be seen as a “good deal”.
But what we need to ask ourselves is will I use/ consume x product and do I truly need it?
If the answer is no I’d say don’t buy it.
The Fallacy Of Bargains
Picture this:
You’re out at your local shopping centre and you see a TV marked down from £1000 to £500 and you think “That’s a good deal” and buy it even though you already have a good TV at home.”
Because you didn’t need the TV this isn’t a bargain. Well done you’re now down £500.
Quality Over Quantity
Going back to the shit tomatoes. A very important lesson is that if something is poorer in quality (but maybe cheaper at the time), don’t buy it in favour of what you want and need. Albeit what you need may be more expensive.
A Life Directed To Spending Money On Only What We Want And Need
If we can get better at this we’ll save vast amounts of time and money across our lives.
When we squander money on things we don’t need, we waste time by sourcing out unnecessary things.
By spending our valuable money on things we don’t need we’re also short-changing ourselves out of more time, because for most people time is money.
Smarter Uses Of Money
- Education
- Saving
- Investing
- Experiences
- Not spending money on anything we don’t need.
The Bottom Line
Life would be much better if we could all stop spending money on things we don’t truly want or need. And if you aren’t sure if you need something or not as a rule of thumb remember this “Spend nothing if it doesn’t truly help others or yourself”.
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