Cost – it’s more than money
Money makes for a simple measurement of your financial health. But it is not the only consideration. For example:
- Time, for you, may be more important than money. There is a value attached to convenience. Time saved may more than compensate for extra cost.
- Healthy eating usually costs more, but there is a long-term benefit that you can’t put a price on.
- Social interaction is vital for wellbeing. Cultivating relationships demands an investment of time and money – sometimes a little more money than seems prudent – but the gain is worthwhile.
So while it is important to look after our finances, not everything can be calculated in terms of dollars and cents.
It would be an unusual person who could not, with a little effort, reduce waste and leakage in their spending habits. But it is fair and reasonable to justify some of your outgoings by the non-cash benefits gained.