The Simple Sophisticate - Intelligent Living Paired With Signature Style

376: Wise Investments: Understand the Difference between a Good Value and a Good Deal

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Sinopsis

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 th