Being poor is expensive
Recently I had a choice to either buy decent yet cheap shoes that might last a couple of years or excellent hence expensive shoes that promises to last many years. I was wondering how to approach this dilemma: quality vs cost trade-off. Would it make sense to save money now but keep replacing it often which would cost the same as buying a expensive ones that last the entire duration. This is when I recalled a quote by Sir Terry Pratchett in his 1993 novel "Men at Arms". The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he...
