Yes, I meant to say “saving money” twice.
When people say they’re saving money, they mean one of two things. The wording may be the same, but the difference is significant. Let me explain what I mean. Notice the difference between these two statements…
“I had a coupon, so I saved $5 off my dinner!”
“I found an extra $5, so I deposited it into my savings account.”
They both saved money but did two completely different things. One person had to spend money to save money and the other saved money by saving money.
What’s my point?
I would argue that you’re not really saving any money any time you have to spend money. Sure, we all want a bargain or a deal when we’re buying something, but too often we justify our purchase by saying, “I got a deal and saved $X.” But did you really save anything if you had to spend $X to save $X.
So next time before you make that purchase, ask yourself: Am I really saving anything if I spend money to get the savings?
Just a thought…
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