Depending on the item or service, spending money can save you money in the long term. Two things immediately come to mind: quality footwear and oil changes. A pair of well made, quality shoes, will outlast a cheap pair by a factor of ten. I suggest waiting for sales on Allen Edmonds shoes. On the other hand, maintaining what you already own is important. For example, making sure you regularly change your oil. Being myopic in your spending can actually damage your finances in the long term.
There are numerous other examples of this concept. These are just the two that come to mind.
September 10, 2017 at 09:34PM
