The Simple Sophisticate - Intelligent Living Paired with Signature Style
Education:Self-Improvement
The savviness of wise money management encompasses many factors, but one is an approach often overlooked or dismissed: Understanding the difference between a Good Value versus a Good Deal.
Here in the states tax season is upon us, and so many of us may have money on the mind even more than we usually do; however, I often find myself at the beginning of the new year assessing my monthly budget, determining where I am gaining value or unnecessarily causing more tasks and draining money. Ultimately, whenever I sit down to assess my money, my goal is to do so less often, knowing I have invested well, so I can go about the living of my life that I love and trust that my decisions will stand a long duration of time offering the performance, purpose or function I purchased it for.
In other words, I don't want to be shopping for my capsule wardrobe constantly, restocking and replacing worn out jeans that while a great deal, only lasted one or maybe two seasons. Likewise, I don't want to have to be taking my car to the repair shop frequently, or gassing up frequently or even replacing the car itself as frequently (more on what I am hinting at below in our discussion).
When we invest well, and apply the wisdom of purchase great value rather than falling victim to a good deal, we deepen the quality of our overall lives because however we enjoy living them, we can do so without surprise expenditures frequently arising.
Today, I would like to explore a handful of areas of our lives in which investing in Good Value vs. a Good Deal occurs, and to offer explanation as to why paying the large price tag upfront will save more money in the long run, as well as instances when a large price tag upfront is just welcoming more stress throughout the duration of your ownership. Let's get started.
View the Show Notes for the episode here — https://thesimplyluxuriouslife.com/podcast376
322: Everyday Parisian Blogger, Rebecca Plotnick on Traveling to Paris during Covid
321: 9 Tips for Resetting into a Life Rhythm to Harmonize with Your Life's Desired Composition
320: What If . . . This Was the Year It All Came Together? Are You Ready?
319: How to Trust, How to Be Trustworthy and How Understanding Both Will Transform Your Entire Life
318: How to Become A Secure Adult in Relationships
317: How to Handle Travel Plans that Go Awry
316: How to Cultivate A Life Full of Vitality (and how it contributes to your overall well-being)
315: Being in Love, Being HSP and Being at Peace with Ourselves and the One We Love
314: Dive Deep into Life Instead of Paddling on the Surface
313: The Importance of Finding Meaning in Life: 9 Lessons taught by Viktor E. Frankl
312: The New Hello, my conversation with The Confidence Project founder Tracy Hooper
311: How Accepting Your Mortality Sets You Free to Live More Deeply
Season 8 Schedule of the Podcast Announced
310: Murder in Provence, M.L. Longworth Talks about Her Series Coming to BritBox
309: Let's Travel to Paris! My Discussion with Paris Perfect Vacation Rentals' Founder Madelyn Byrne
308: 15 Ideas for Welcoming Provence Style into Your Home & Garden
307: How to Step into your Fullest True Self — The Way of Integrity, as taught by Martha Beck
306: 25 British Petit Plaisirs (and a new category for all of TSLL's Simple Pleasures)
305: 36 Bedtime Daily Rituals and Essential Details to Ensure A Restful Slumber
304: Artists in Residence writer and illustrator Melissa Wyse and Kate Lewis
Create your
podcast in
minutes
It is Free