Saving by spending more

Monday, September 5, 2011

http://finance.yahoo.com/news/First-Person-5-Products-I-ac-3331555504.html?x=0

This is a great, brief article on how one person saved money by spending more on certain products. I love this. One of the things that frustrates me is how much extra money people will spend trying to save. People don't seem to understand that if you buy a product at Walmart for a cheaper price, it is most often actually a cheaper product and you end up buying more of it. Thus, you spend more money.

This is a strange and confusing concept. I wish more people were able to take the long-term view when it comes to finances. We would all be better off for it.

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