In the tradeoff between your time and your money, we discuss whether it’s worth it to pay for convenience, from pre-cut food at the grocery store to having your house professionally cleaned to food delivery apps. We explore whether these conveniences are worth the extra expense, and we explore the pros and cons, share personal stories, and offer tips for finding a balance between convenience and cost.
Liz joins this week’s podcast as we talk about:
– The tradeoff of our time versus our money
– How to be thoughtful and intentional about the conveniences we pay for
– The questions you should ask yourself as you consider how much you’re willing to pay for specific conveniences
– Smash or pass round of all the many potential conveniences we could pay for
Show References:
- friends on FIRE podcast #133 – How to put a value on your time
- friends on FIRE podcast #090 – Why you don’t need a financial planner
- Inside Out Money #058 – Breaking up with your financial planner – Why and how to do it
- friends on FIRE podcast #014 – Tax Time! Yay!
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