Overspend To Save
You must be thinking, “Ok, Buck has completely gone off the deep end!” Hear me out, it stings, but hopefully everyone learns from my mistake.
Yesterday I could have overspent some money that would have saved me, 4600% of that money. Any guesses? Initially, it looks like any form of insurance. You pay a premium in case of an accident and hopefully most of your expenses will be covered if it does occur. You could say the same about life, car, medical, just about anything. If I could turn back time, I should have thought of this as parking insurance.
My wife and I wanted to go shopping and found a metered parking. We estimated we would stay one and a half hours. My instincts kicked in, knowing my wife, I better make it two. She hedged and said, no we won’t be that long. Plus I’m thinking she wanted to save us the fifty cents. My frugal self won out and agreed.
Long story short, my instincts were right (always go with your instincts). We got distracted, I tried to get us back in time, cut it a little too close and we got a nice window souvenir a few minutes earlier. Parking ticket, $23.00.
I screamed, “I KNEW IT!!!” I breathed, fighting every iota of negative energy boiling in my frugal body. “I HAD A FEELING THIS WOULD HAPPEN!!!” Thankfully, cooler heads prevailed and I let it go.
Learn from my mistake and remember, sometimes you have to overspend to save. Can you think of other times where you should overspend to save?