I saw a sign to buy 3 cokes and you save 10 cents a gallon. This particular gas station sold them for $1.75. The limit on the gas was 20 gallons… Then I realized why the gas was a penny cheaper than the rest of the city.
Not to insult your intelligence but let me explain. I could walk into any gas station and buy three drinks for about 75 cents on average. However, this particular place is risking the 20 cents for about a $2 profit.
Turn Cents into Sense
Outside of the occasional black Friday deal, companies will not lose money on offers. So every time you brag about the deal you got, you are really bragging about how much of a sucker you are. But I forgive you, you aren’t the issue.
The person you tell is the issue. Not only are you free marketing, you are now talking about the great deal you got (you made someone a profit), and they are now going to get a great deal.
I don’t have any issue with spending. I do have an issue with frivolous spending.
Dave Ramsey has said a billion times (possibly and exaggeration), “don’t keep up with the Jones’s they are broke too.”
It is almost too cliche to say this, but here goes: We buy stuff we don’t need, with money we don’t have, to impress people we don’t like.
Insanity is often attributed with doing the same thing over and expecting different results. (disagree… see also baseball) However, I believe the above mentioned IS insanity. We even pass this trait on to our kids. “You should dress like this” “You shouldn’t say that” “People won’t like you if you do X”
Should we give our kids the same advice? “You should get into a crap load of debt, so you can sell all the crap the put you in debt in a yard sale!” “You need to have a huge TV so you can sit around and become fat, lazy, and broke”
We would never say this to our kids, nor to our racehorse. But we do it on our own.
Thanks for Reading