Sunday, November 2, 2008

You're not "Saving," You're "Cost Avoiding"

There's a big difference between "saving" and "cost avoiding." It's pretty thrifty to keep this in mind if you're out shopping. After grocery shopping, often times on the receipt it'll say "You saved $xx amount of money today." That's not true. What you've actually done is "cost avoided." If you put the money you cost avoided into a savings account, then you've actually saved.

Know the difference. Saving is powerful. Cost avoiding is just shuffling funds.

1 comment:

  1. [...] If I can be savvy enough to buy the year before, just as clothes get out of season, I can cost avoid a ton of money for my family. Possibly related posts: (automatically generated)Oh how time [...]

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