Obsessed with saving money? Buying cheap ends up expensive

I recently wrote a post titled My husband spends too much money… or is it just me? I guess that since I confessed about how I flinch when my husband buys non-essentials like mustard and peanuts and how I obsess over how many squirts of liquid soap he uses to wash his hands, it’s understandable why many readers would think I have an obsession with saving.

And maybe you’d think that since I favor saving money so much, I only buy the cheapest stuff ever.

Cheap means low-quality, low-value

I think it’s a safe bet to say that the cheapest stuff out there is usually the most low-quality stuff, too.

See, in order to provide a really low price that’s well below the market average, a producer has to cut some corners. The materials that go into the product would have to be cheap. The equipment used in production would have to be low-end. The labor would have to be cheap, too, and cheap labor means bad make. (You can’t work minimum wage and tolerate your supervisor demand you give a five-star performance at the assembly line.) So you have all these factors working together to provide a low price, but they also work together to provide a really low-quality item.

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Strategies for getting rich: savings vs. skills

We all want to be rich. But few of us are ready to work at it.

You know how some people say “I don’t want to be rich?” Haha! Does that mean that if they won the lottary, they would just give the money away because they “don’t want to be rich?” Of course not.

What these people mean is they DO want to be rich (or at least won’t mind being rich), but they don’t want it bad enough to put in the effort. And they don’t want to  put in the effort because they think it’s TOO MUCH effort.

It’s not. No it’s not. Many people think that being rich is suuuuper hard, but that’s just because they are working at it the wrong way: by working. Try this instead:

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Get rich by saving money? 5 mistakes to avoid


Are you saving like a moron? Because if you are, you are never getting rich. Here are the top 5 mistakes that might stand in your way of getting rich by saving.

Saving mistake #1 (read carefully)

Getting rich by saving
Getting rich by saving

If you had ten buckets to fill with water, using only a cup, how would you do it? Fill the cup, then pour a little in each bucket from 1 to 10? Or pour the whole cup in bucket #1 again and again till it’s full, and then move on to #2?

(Well duh. Of course you’d work on a single bucket.)

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