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
303: 33 Ways to Live Your Fullest Life, as taught by Norma Kamali
302: 21 Lessons Learned in my 42nd Year
301: The Courage to Live Fully & Deeply: 7 Ideas to Put into Practice for a Life of True Contentment
300: Plat du Jour - French Dinners Made Easy w/Susan Herrmann Loomis
299: How to Live a Life with Less Stress & Why It's Vital for Good Health
298: 28 Ways to Simplify Your Entire Life
297: 10 Ideas for Making the Most of "Between the Years"
296: The Necessity of Personal Privacy: A Delicate & Important Dance
295: The Gift of Discontentment (yep, that's no typo)
294: How to be the Director of Your Life: 6 Key Components
293: Choose a Life You Love Living Each Day (yes, it is possible)
292: 7 Truths About Experiencing Happiness
291: 6 Ways To Dance with Life (and Have An Amazing Experience)
290: 10 Life Choices to Simplify & Welcome a Calm & Contented Everyday Life
289: Anne Willan Talks About Women in the Kitchen
288: Cultivating a New Normal
287: 5 Things to Do to Build Healthy Relationships and 4 Things to Let Go
286: How to Let Go of Comparison? Heal Thyself
Season 7 Schedule Announced!
285: The New Parisienne author Lindsey Tramuta
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