One thing I didn’t find adequately reflected in this article is how expensive it is being poor.
If you can’t afford the more expensive, but more durable version of X, where X is something you really need, means that over time you will spend much more on this than you would have if you could have afforded the more durable option.
At one part of my life I could only afford the cheapest pair of shoes for 10€, and since it was the only pair I owned I needed to buy a new pair every few months. Of course, I quickly paid more on shoes than I would have if I’d been able to afford one good pair of shoes.
At one part of my life I could only afford the cheapest pair of shoes for 10€, and since it was the only pair I owned I needed to buy a new pair every few months. Of course, I quickly paid more on shoes than I would have if I’d been able to afford one good pair of shoes.