WEBVTT - Would you pay full price?

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<v Speaker 1>Welcome to Before Breakfast, a production of iHeartRadio. Good Morning,

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<v Speaker 1>This is Laura. Welcome to the Before Breakfast podcast. Today's

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<v Speaker 1>tip is that you can save money and avoid clutter

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<v Speaker 1>by trying not to pay attention to sales. When you

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<v Speaker 1>are thinking about buying something, ask yourself if you would

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<v Speaker 1>pay full price. If you would, then a sale is

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<v Speaker 1>saving you money. If you wouldn't, then it isn't really

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<v Speaker 1>saving you much of anything. I am a frugal person,

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<v Speaker 1>so I am always drawn to sales. But like many

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<v Speaker 1>frugal people, I have had the experience of buying something

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<v Speaker 1>I didn't truly want because it was on sale. Think

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<v Speaker 1>a sweater and a color that I didn't really like.

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<v Speaker 1>Then I didn't wear it. So rather than spending let's

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<v Speaker 1>say sixty dollars on something I would have worn, I

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<v Speaker 1>spent thirty dollars on something I didn't. It's hard to

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<v Speaker 1>see how that was better avoid buying two of those

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<v Speaker 1>thirty dollars unloved sweaters, and you could have fully funded

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<v Speaker 1>the good one anyway. Because of experiences like that, I

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<v Speaker 1>am trying to ask myself this question, would I pay

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<v Speaker 1>full price if the major reason I am buying something

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<v Speaker 1>is that it is on sale, then that is a

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<v Speaker 1>problem unless it is an actual necessity. This isn't saving money,

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<v Speaker 1>it's spending money on something I don't truly want. Sometimes

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<v Speaker 1>I discover that an item I was planning to pay

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<v Speaker 1>full price for is on sale. Now that is always exciting.

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<v Speaker 1>For instance, I have a new hobby of setting up

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<v Speaker 1>miniature rooms in my office. I had an eye on

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<v Speaker 1>a miniature dishwasher for my miniature kitchen for a while,

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<v Speaker 1>and after a few weeks, when my mentally created hobby

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<v Speaker 1>budget was replenished, I put it in my online shopping cart.

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<v Speaker 1>Once it was there, I learned it was fifty percent off.

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<v Speaker 1>How wonderful. But broadly, there is a reason that sales exist.

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<v Speaker 1>Merchants are trying to move products by increasing demand. There

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<v Speaker 1>wasn't demand for a product at let's say, fifty dollars,

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<v Speaker 1>but there might be a twenty five dollars, So someone

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<v Speaker 1>who didn't want it at fifty dollars might theoretically be

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<v Speaker 1>willing to take it at twenty five dollars, But did

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<v Speaker 1>the person really want it? This is how many of

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<v Speaker 1>us wind up with cluttered closets and houses. You might

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<v Speaker 1>even take this philosophy a step further and not look

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<v Speaker 1>at price tags at all. Now, before you think I

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<v Speaker 1>am being extreme or made of money or something, consider

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<v Speaker 1>that a lot of the places we shop have prices

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<v Speaker 1>within a fairly small range. If you are shopping for

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<v Speaker 1>clothes at Old Navy or for school supplies at Target,

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<v Speaker 1>you know roughly what they are going to cost. If

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<v Speaker 1>you are shopping at your usual grocery store, you also

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<v Speaker 1>know what your usual tally is. Old Navy is not

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<v Speaker 1>going to suddenly start selling a pair of Jeanes that

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<v Speaker 1>cost five hundred dollars. Cereal isn't going to start retailing

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<v Speaker 1>for fifteen dollars a box at your local grocery store, well,

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<v Speaker 1>at least I hope not not at my grocery store

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<v Speaker 1>at least. So if you know roughly what the price

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<v Speaker 1>range for a store is, then maybe don't look at

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<v Speaker 1>the price tag first. If you are considering if you

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<v Speaker 1>want something, look at it and ask yourself that quotequestion first.

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<v Speaker 1>After you have established that you do truly want something

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<v Speaker 1>and will wear or use it, then you can look

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<v Speaker 1>at the price tag. You might be pleasantly surprised or

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<v Speaker 1>you might not, but you won't be convincing yourself that

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<v Speaker 1>you need the thing solely because it is on sale.

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<v Speaker 1>When you would pay full price for something and then

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<v Speaker 1>you get it on sale, you are actually saving money.

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<v Speaker 1>If you wouldn't, then you aren't. You are bringing something

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<v Speaker 1>into your life that perhaps you don't want quite as much,

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<v Speaker 1>which can be okay, but at least you want to

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<v Speaker 1>know what you are doing in the meantime. This is Laura.

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<v Speaker 1>Thanks for listening, and here's to making the most of

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<v Speaker 1>our time. Thanks for listening to Before Breakfast. If you've

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<v Speaker 1>got questions, ideas, or feedback, you can reach me at

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<v Speaker 1>Laura at Laura vandercam dot com. Before Breakfast is a

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<v Speaker 1>production of iHeartMedia. For more podcasts from iHeartMedia, please visit

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<v Speaker 1>the iHeartRadio app, Apple Podcasts, or wherever you listen to

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<v Speaker 1>your favorite shows.