If you are a wine fan like me, you sometimes struggle to find the right balance between quality and cost. According to an article by Freakonomics authors Stephen Duber and Steven Levitt, price has very little to do with quality. That led me to wonder if most of us overpay for wine. [Read more…] about Are Expensive Wines Worth the Money?
Value
Personal Finance Lessons from the iPhone 5 Release
OMG! OMG! APPLE HAS A NEW PHONE! iPHONE 5! WOOO!
Chill out people. It is just a phone.
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Yakezie Blog Swap: Getting Value From Spending
This is a post from my friend Jeff at Sustainable Life Blog as part of the Yakezie blog swap. Jeff writes about finances, sustainability, health and self reliance on his blog 3 times per week. You can see my post on the same topic at Jeff's blog.
Lots of spending is value driven. For the most part, if you didnt value that 4th beer on a friday night or that cup of joe before work on Tuesday, you wouldn't spend money buying it. Of course, some of this could be chalked up to habit (or lack of sound decision making poweress in the former case), but usually our spending reflects our values. Before I got my finances in order, I refused to believe this, mainly because I knew where most of my spending went, and it wasnt in line with what I thought my values were. I quickly realigned my spending, and things are going great.
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