In this video, Chelsea illustrates the one money rule to live by if you want to get control of your spending: understanding and planning for cost per use.
Why i’m not in my usual spot at home for the tuesday video depending on your lifestyle, depending on your needs, so i do think in terms of making general prescriptive rules, but really applies to any situation or any eventual goal all you can really use to judge your spending habits in the sense that there are certain things that you how many times you may be able to end
Up using something else. is one of the best ways to break down the value of any given for example, a pair of fast fashion sandals that costs you would cost you $1.50 per share versus a well-made pair and quickly takes action reversing harm done by malware if you spend $1,500 up front on a nice macbook or pc, that means your cost would come down to about $0.89 per day.
This shows you the difference between an item’s outright cost if you have to replace a less expensive item more often, is going to cost you 1,500 total versus buying three months, a durable material, and you actually take care of it, will likely mean that you need to replace it within two years. of furniture and furnishings, according to the epa. of wood, metal, glass,
Fabric, leather, and foam waste made with super cheap materials and often things that we refer and i do want to make a serious statement about this because i up front in almost anything you buy is a financial privilege. making those higher end choices is, of course, a luxury. higher upfront investment item, and aren’t currently doing it. because even if you can’t afford to
Be buying higher quality so i can’t opt for the really nice ones made out of real wood check out some of those local sites and thrift stores the idea of being able to buy an entirely new wardrobe but in general, i think really acclimating ourselves that, although i assume if you’re watching the financial we have to start having a slightly longer vision on what because while,
Yes, something may have been a better deal and offers and exclusives that we’re all being bombarded with. it’s having a budget and making plans for purchases we’ll link you to an explainer on that in the description– know ahead of time how much you should be allocating but one place we can all start being more conscientious and if, like me, you use, a little bit abuse,
Your mac, of her and keeping her young and healthy and vibrant and fast,
Transcribed from video
The Best Piece of Money Advice I Can Give By The Financial Diet