On Buying Cheap

I came across the below commonsense financial advice in James Clear’s newsletter.

Sasha Aickin, former CTO at Redfin, shares some financial advice from his grandmother:

“When you buy something cheap and bad, the best you’re going to feel about it is when you buy it. When you buy something expensive and good, the worst you’re going to feel about it is when you buy it.”

Source: Groupon's Success Disaster

Is this true? Sasha’s grandmother seems to have hit something profound.

Written on 2022-06-28.

#personalfinance #money


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