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Cost vs. Price
Price is a simple number. How much money do I need to hand you to get this thing?
Cost is more relevant, more real and more complicated.
Cost is what I had to give up to get this. Cost is how much to feed it, take care of it, maintain it and troubleshoot it. Cost is my lack of focus and my cost of storage. Cost is the externalities, the effluent, the side effects.
Just about every time, cost matters more than price, and shopping for price is a trap.
via Seth Godin
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(Photo courtesy South Bronx Farmers Market)
Cheap food is MORE expensive than fresh food sometimes.
The 1.125 ounce bag of chips is $0.59. Seems like a deal, but that is $8.39 per pound.
Fresh potatoes at NYC farmers markets are approximately $1.75 per pound. So you are paying over $6 per pound more!
Plus this bag of chips has 9 percent of your suggested sodium intake of 2,300 milligrams per day.
Make sure you do the math when you buy things that seem like a deal!
Stop the hair mutilation! Brittle, bargain combs, right, act like little plastic knives on your strands. My hairstylist convinced me to throw mine away and my hair is healthier. Friction-free combs, left, are the way to go. #saveyourstrands #cheapisexpensive #refreshyourstyle
