Justifiable Spending
Financial Management

Justifiable Spending

Stock market money prediction

I was reading an article today that talked about this pastry and how so many people are lining up early in the morning to buy it. Basically, it sounded like how people were going crazy over Krispy Kreme donuts before here. The article went on about how some people were willing to travel very far as well just to chow down on one. When you think about it, that is one expensive pastry one would be paying.

This article reminds me a lot when it comes to people’s hobbies and habits and the amount of money it costs to allow one to do so. I usually hear debates such as how some people think it is ridiculous to spend say $7 on a great drink that will last for maybe 2 minutes or some say it is such a waste of money to buy expensive things like a movie collection or video game.

In those cases, the debate is usually around how long you will actually use the product to classify something as being justifiable in spending money on it. For example, would you be able to justify paying $200 for a haircut knowing that it is great while at the same time realizing that it won’t last very long? I generally have a personal expectation myself in terms of the cost and result of something to justify spending money on it. It’s really interesting to see other people’s point scale systems too, so to speak.

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