We have a lot of decisions to make in life. Sometimes the easiest, or most reassuring way to go about making those decisions, is simply to spring for the best your money can get.
Do you need to have the very best internet or cell phone package though? Maybe. In reality however, a lot of people overpay, without using even a fraction of the service they paid for.
In other examples, people will pay for a really good television, for a top-of-the-line computer, or even for a really good dog leash. All of these are undoubtedly superior than their less costly counterparts, but most of the time their quality, any advances and superiority, are only marginally better, no matter what the higher, added cost might suggest.
It’s common for people to pay for far more television than they watch – telecom company business models depend on it. When it comes to technology, or gadgetry, some companies in fact only make one model, then actually impair the technology in some way, to provide an entry level model for consumers.
You can have the very best high-definition television that money will buy today; within six months, if not sooner, there will inevitably be something out there which performs better. We get upgrades all the time too – we’ll also upgrade our fixtures when making renovation decisions, we’ll get the very best countertops, and the very best windows, even if our mid-market options have nearly all of the same features.
How can a Personal Financial Trainer help?
It can be very comfortable, even enticing, to fall back on the habit of buying the very best. We sometimes think of it as an investment – in a future with fewer replacements or upgrades, or just an investment in something that is better.
A Personal Financial Trainer will help you see how all of these decisions can add up. A Personal Financial Trainer can also help you break the habit of buying the very best, when the same utility can be had, or the same need met, with a more modest outlay of cash.
A trainer will also help you see that you are not losing out when you curb this type of spending, and help you to appreciate how this desire for marginally better things can take away from your chances of being drastically better off in the long run.