Sunday, January 17, 2010

Buy Cheap/Buy Twice: False Economy

Sometimes ignorance can be bliss.

In the last 12 months (as I get older), I'm looking to reset, and reboot areas of my life, and the life of my family. Stagnant, thoughtless, purposeless repetition....avoid, avoid, avoid!

Education has been at the centre of this process. And the internet has been a boon.

Between thestoryofstuff and Food inc. and many other books and documentaries,  I'm severely challenged by the knowledge of what the global consumer economy is doing to humanity and the planet.  Driven by price, and price alone......the land of $20 DVD players, $1000 cars, cheap sushi, Big Macs etc......

So let's consume.....differently.

The old adage of "buy cheap, buy twice" has never been truer. Not only has this definition of false economy endured, its essence is now amplified.  If you buy cheap, not only will you buy twice, three times etc., but ultimately you will pay in other ways...pollution, illness. These back-end costs are infinitely worse and are past your own lifespan, but onto the lives of your children and grandchildren, their health, well-being......

Buy BETTER, Buy LESS
Better quality the first time......less trips to the returns department, less testing of the warranty policy, less time wasted, better quality consumer goods....less line-up time, car time, internet price checking time, emotional expenditure.....

Buy ORGANIC, Buy LESS
Have you looked at how much organic chicken/beef is? It's more per lb/kg.  So simply.....EAT LESS! COOK SLOWER....

I have bought Wagyu beef a couple of times. Crazy stuff.....so expensive, and so rich, that you can't eat a lot of it.....so you buy cheaper cuts, cook it slowly (you can't barbecue it anyway, it will all melt away), and eat less of it.....

Now, less meat? Hmmmm. It's happening naturally, but I'm not going to be vegetarian...unless it's medically prescribed....call it weakness or short sightedness...but I like red meat.

Having said that a few trips to Real Food Daily in Santa Monica, opened my mind and palate up to the reality of really tasty and filling vegetarian meals......so tofu steaks....sure! Now if I can only figure how to use less salt when I eat vegetarian....

And true to form.....each of us, everyday, doing something a little bit different, will lead to....incremental exponentialism of course!

Let the snowballing begin.

3 comments:

Anonymous said...

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Anonymous said...

Good day, sun shines!
There have were times of troubles when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never thought that there weren't any need in big starting capital.
Nowadays, I'm happy and lucky , I begin to get real income.
It's all about how to choose a correct companion who uses your money in a right way - that is incorporate it in real deals, and shares the income with me.

You may ask, if there are such firms? I'm obliged to answer the truth, YES, there are. Please be informed of one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

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