WEBVTT - Know what you're paying for

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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 to know what you're paying for. Don't get

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<v Speaker 1>hung up on the cost of something if the purchase

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<v Speaker 1>enables something you value. Just because it might be possible

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<v Speaker 1>to save money somehow or do things cheaper doesn't mean

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<v Speaker 1>that it's always the best choice. Longtime listeners know that

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<v Speaker 1>I tend to be frugal. My wardrobe includes a lot

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<v Speaker 1>of Amazon essentials, I color my own hair, I am

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<v Speaker 1>driving a thirteen year old car. I do not relish

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<v Speaker 1>the idea of spending money just to do so, but

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<v Speaker 1>I have also learned not to be so opposed to

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<v Speaker 1>spending money in circumstances where that is going to make

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<v Speaker 1>life a lot easier or enable something that I do value.

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<v Speaker 1>The key is thinking less about what I am actually

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<v Speaker 1>buying and more about what it is that I am

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<v Speaker 1>truly paying for. For instance, my family recently went to

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<v Speaker 1>Disney World together, which was definitely not a low cost experience.

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<v Speaker 1>Having shelled out all that cash, there was then the

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<v Speaker 1>question of whether to pay for the Genie Plus service.

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<v Speaker 1>That's the fast pass type service that lets you spend

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<v Speaker 1>less time in line for certain rides. Now, this was

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<v Speaker 1>obviously an optional expense. Not paying for it would save money,

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<v Speaker 1>But keeping five kids happy all day in crowded, sometimes

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<v Speaker 1>overwhelming parks is hard enough. If it was going to

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<v Speaker 1>be possible to skip a seventy five minute line with

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<v Speaker 1>my two littlest children in particular, that was going to

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<v Speaker 1>be a big win. I was not just paying one

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<v Speaker 1>of Disney's ridiculous fees. I was paying for peace and

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<v Speaker 1>the chance that a family vacation might be more enjoyable

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<v Speaker 1>than aggravating, and that is worth a lot. Remembering what

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<v Speaker 1>you are paying for can make lots of choices about

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<v Speaker 1>spending easier. Maybe you are craving a quiet Friday night

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<v Speaker 1>at home with a magazine, But the thought of paying

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<v Speaker 1>ten dollars for a single issue of a magazine from

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<v Speaker 1>the newsstand just rankles when you know you could pay

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<v Speaker 1>not much more than that for a year's subscription. But

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<v Speaker 1>if you are standing there at the news stand before

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<v Speaker 1>you hop on the train home, just let that thought go.

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<v Speaker 1>You are paying ten dollars dollars for Friday night entertainment,

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<v Speaker 1>and that is totally reasonable. It's a lot less than

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<v Speaker 1>you'd pay if you went to a movie or a show,

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<v Speaker 1>So just pay the ten dollars for the magazine and

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<v Speaker 1>enjoy your relaxing evening. Or if you're job seeking, you

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<v Speaker 1>might think it is wasteful to pay for your own

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<v Speaker 1>Zoom account. Basically, anyone you would be doing informational interviews

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<v Speaker 1>with would have a work account. They could use that

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<v Speaker 1>for the call. But consider this, you are asking people

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<v Speaker 1>to offer their time and you want to make it

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<v Speaker 1>as easy as possible for them to do so. Therefore,

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<v Speaker 1>you should be the one providing the link. You are

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<v Speaker 1>not wasting money on a service that you could theoretically

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<v Speaker 1>get for free. You are paying to be a gracious

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<v Speaker 1>host for informational interviews. That's a little more worth the money.

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<v Speaker 1>In deciding how to spend your money, get clear on

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<v Speaker 1>what you are actually paying for. Sometimes that is not

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<v Speaker 1>actually the same thing as what shows up on your

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<v Speaker 1>credit card statement or your Venmo account. I am sure

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<v Speaker 1>you have heard the phrase that a housekeeper is cheaper

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<v Speaker 1>than a divorce, and that is the thought process we

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<v Speaker 1>are getting at here. Yes, you could certainly clean your

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<v Speaker 1>house for less, but if that's at the cost of

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<v Speaker 1>resentment and constant household battles. Well, better to view it

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<v Speaker 1>as money spent on harmony, which is pretty close to priceless.

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<v Speaker 1>In the meantime, this is Laura. Thanks for listening, and

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<v Speaker 1>here's to making the most of our time. Thanks for

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<v Speaker 1>listening to Before Breakfast. If you've got questions, ideas, or feedback,

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<v Speaker 1>you can reach me at Laura at Laura vandercam dot com.

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<v Speaker 1>Before Breakfast is a production of iHeartMedia. For more podcasts

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<v Speaker 1>from iHeartMedia, please visit the iHeartRadio app, Apple Podcasts, or

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<v Speaker 1>wherever you listen to your favorite shows.