Sometimes shelling out the extra cash for better quality is totally worth it. When it means those boots will last three years instead of three months, I'll happily spend the extra if I have it. It costs money to keep replacing cheaper items repeatedly. Hobby items tend to be higher priced as they tend to be more luxury items.

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Image by 1820796 from Pixabay

For those people lucky enough to have disposable income, it can be stunning how easily we let it slip away.

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Image by Brett Hondow from Pixabay

When we make buying decisions, we're conditioned toward one common ideal: get the most, give the least.

Usually, that means scanning the shelves and internet to find the cheapest version of whatever it is we want. And usually, that's a solid way of doing it.

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Image by Robin Higgins from Pixabay

We humans are not the best at applying reason-driven cost-benefit analysis in real time. Instead, an event suddenly takes place and we're pulled deeper and deeper into an emotional response.

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It's actually really ridiculously expensive to be poor - an unfortunate truth that a lot of people are learning firsthand this year. There are even some among us who are too poor to be able to afford to work.

We know, it sounds like a complete contradiction; but it's a reality for a shockingly large number of people.

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